FXTM Forex Market News

2022-06-02 19:56:39 Oil traders have been kept on their toes all day Thursday. Markets had a lot of new information to digest, resulting in oil prices being whipped about over the past few hours.

Here’s a quick recap:

Brent gapped down: The Financial Times issued a report that Saudi Arabia may send more barrels out into the world.


 
Brent erases losses: OPEC+ confirmed a Read More (https://www.forextime.com/market-analysis/what-day-oil-markets) Open / Comment

2022-06-02 19:56:39 Open / Comment

2022-06-02 19:56:39 What a day for oil markets!
https://www.forextime.com/market-analysis/what-day-oil-markets Open / Comment

2022-06-01 15:24:59 A sense of tension gripped financial markets on Wednesday as inflation jitters, recession fears, and worries about rising interest rates left investors on edge.

Stocks in Europe and US future struggled for direction amid the market caution with anticipation mounting ahead of the NFP report on Friday. In the currency space, the Japanese Yen took a real beating, weakening against all G10 currencies while the dollar stabilized. Looking at commodities, gold dipped below the $1839 support level while Brent is hovering above $117 Read More (https://www.forextime.com/market-analysis/mid-week-technical-outlook-keep-eye-trend) Open / Comment

2022-06-01 15:24:59 Open / Comment

2022-06-01 15:24:59 Mid-week Technical Outlook: Keep an eye on the trend!
https://www.forextime.com/market-analysis/mid-week-technical-outlook-keep-eye-trend Open / Comment

2022-05-31 10:53:39 Stocks in Asia were shaky on Tuesday morning following the lack of cues from Wall Street overnight due to the Memorial Day holiday in the US.

Nevertheless, there is a sense of caution in the air after red-hot inflation readings from Germany sparked concerns over how aggressive the ECB should be in taming the inflation beast. Surging oil prices have rubbed salt into the wounds, compounding inflation fears after the European Union agreed to cut oil imports from Read More (https://www.forextime.com/market-analysis/caution-returns-inflation-fears-mount) Open / Comment

2022-05-31 10:53:39 Open / Comment

2022-05-31 10:53:39 Caution returns as inflation fears mount
https://www.forextime.com/market-analysis/caution-returns-inflation-fears-mount Open / Comment

2022-05-30 14:27:32 Fasten your seatbelts and tighten up because this could be a wild week for gold!

After experiencing wild rollercoaster swings in May, the precious metal could kick off June with a bang. Gold remains pulled and tugged by various forces ranging from a weaker dollar, Fed hike expectations, Treasury yields, inflation jitters, recessions fears, and heightened geopolitical risks. The fundamentals can be reflected in the choppy price action and periods of calm as bulls and bears bump heads. Prices are trading around $1856 as of Read More (https://www.forextime.com/market-analysis/trade-week-calm-gold-storm) Open / Comment