AUD/USD is trading slightly lower, below 0.6300, on Wednesday in Asian markets. Investor sentiment is affected by concerns about a trade war. The Australian dollar is considered a "risk-sensitive" currency, meaning it is affected by such concerns. Markets are also cautious ahead of the release of
GOLD SEES RECOVERY RALLY HALT NEAR $2,912 Gold’s rally paused near $2,912 after a surge in the European session on Tuesday. A possible German defense spending deal weakened the US Dollar, supporting Gold. Traders are reversing weekly losses, sending Gold into positive territory for the week. Gold
VOLKSWAGEN SEES LIMITED GROWTH IN 2025 AMID GLOBAL TRADE TENSIONS Volkswagen expects only modest growth in 2025 due to global trade tensions and competition. The company anticipates a maximum sales revenue increase of 5% compared to 2024. Expected operating return on sales to be between 5.5% and 6.5%
Gold prices increased on Tuesday. The U.S. dollar became weaker. Investors bought gold as a safe investment. They are waiting for U.S. inflation data. The data will help understand the Federal Reserve’s next moves. There are concerns about trade tensions and slow economic growth. This follows tariffs
Gold price rises above $2,900 in the European session. Investors are buying gold as a safe-haven asset. Concerns over Trump’s trade tariffs and geopolitical risks support gold’s rise.
2-YEAR TREASURY YIELD RETREATS TO LOWEST LEVEL SINCE OCTOBER AMID RECESSION FEARS U.S. Treasury yields fell as recession fears grew and investors awaited jobs data. The 10-year Treasury yield decreased slightly to 4.2054%. The 2-year Treasury yield dropped to 3.8933%, its lowest since October 2024. Yields and
GBP/USD is rising above 1.2900 on Tuesday. The US Dollar is weakening due to concerns about Trump's tariffs and a possible US recession. Fears of a global trade war and geopolitical risks may slow down further gains. Investors are watching the US-Ukraine Summit for more updates.
GOLD PRICE FORECAST: XAU/USD TRADES BELOW $2,900 DESPITE RISK AVERSION XAU/USD is trading at $2,892.16. The US will release February Consumer Price Index figures this week. The Bank of Canada will announce its monetary policy decision next Wednesday. XAU/USD has turned bearish and could
S&P 500 FUTURES EDGE UP AFTER RECESSION FEARS TRIGGERED A MARKET SELL-OFF S&P 500 futures edged up on Tuesday after a market sell-off triggered by recession concerns. Dow Jones Industrial Average futures reversed earlier losses, rising 0.3%, or 126 points. Nasdaq 100 futures rose by
EUR/USD is rising and reaching 1.0900 in European trading. Investors feel more positive, even with trade and global tensions. The US Dollar is weaker, helping the Euro gain strength. Germany’s financial outlook is improving, boosting the Euro. Key events ahead: US job data (JOLTs) and a US-Ukraine
The crypto market is going down and is now worth $2.44 trillion. This is the lowest value since early November. Mt. Gox moved 11,833 BTC, worth $932 million.
DOW DROPS 800 POINTS TO SESSION LOWS, S&P 500 FALLS MORE THAN 2% Stocks dropped as selling pressures from last week persisted. Investors worry about a recession, influenced by President Trump's comments on U.S. tariffs. The Dow dropped 814 points, or 1.9%. The S&