Our detailed market analysis is being prepared and will be published here soon — stay tuned for insights and trends.
0908 ET - Yields on developed market government bonds fall as oil prices retreat following U.S. announcement of new economic sanctions on Iran. "Traders appear more focused on the potential impact on demand and the absence of a fresh physical supply shock than on the sanctions themselves," Capital.c…
1001 ET - Gold prices climb 2% amid a weaker U.S. dollar and falling U.S. government bond yields after the Treasury said it would at least double the amount of bonds it buys back. In early U.S. trade, New York gold futures are up 2.1% to $4,516.10 a troy ounce. Markets now await the release of minut…
1041 ET - Good quality short-dated and medium-dated bonds look appealing given that they have stayed relatively steady amid fiscal and inflation uncertainty, UBS Global Wealth Management's Mark Haefele says in a note. Long-dated government bond yields faced pressure this week. On Tuesday, the U.S. 3…
0838 ET - The Swiss franc falls to a one-year low against the euro, extending a string of losses over recent days, pressured as high oil prices increase the likelihood of interest-rate rises from other central banks. The prospect of the Swiss National Bank leaving rates at zero and threats of curren…
0757 GMT - Gold prices hold above the $4,300-an-ounce mark after Wednesday's rally amid growing optimism that a deal to reopen the Strait of Hormuz will ease inflationary pressures and interest-rate hike expectations. "The market is increasingly focusing on the disinflationary implications of lower …
0734 GMT - Gold prices rise after the U.S. paused military strikes against Iran, sending Brent crude below $90 a barrel and easing concerns over inflationary pressures. In early European trading, New York gold futures are up 0.9% t $4,107.10 a troy ounce. "The easing in geopolitical tensions has red…