News
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Crude Oil nosedives after rumours Saudi Arabia is set to abandon price target
Crude Oil nosedives for a second day and sees losses accelerate on Thursday in what seems to be a sharp correction. Nearly all gains booked on the China stimulus plan rollout and built-up tension in Lebanon are being offset by a ceasefire deal put on theFxstreet
Thu, Sep 26
Gold maintains highs on falling global interest rates, geopolitical risks, Fed dovish bets
Gold (XAU/USD) trades marginally higher in the $2.660s per troy ounce on Thursday amid falling global interest rates, an escalation of the conflict in the Middle East, and a weaker US Dollar (USD) due to increased odds of the US Federal Reserve (Fed) continuing with its aggressive monetary easing strategy.Fxstreet
Thu, Sep 26
WTI Price Forecast: Bounces off two-week low, seems vulnerable near $68.00 mark
West Texas Intermediate (WTI) US crude Oil prices remain under heavy selling pressure for the second straight day and retreat further from a multi-week high, around the $72.20 region touched on Tuesday.Fxstreet
Thu, Sep 26
Silver Price Forecast: XAG/USD bounces back to near $32.00 following China stimulus plans
Silver price (XAG/USD) edges higher as China, the world’s largest metals market, announces plans for additional stimulus measures to bolster its economy, offsetting the diminishing effects of Tuesday’s earlier actions.Fxstreet
Thu, Sep 26
