Neither S&P 500 nor Nasdaq could challenge Thursday‘s highs – opportunity to sell was acted upon right off the opening bell. Both decent intraday recoveries failed, and the indices closed on a risk-off mode – taking risk down was visible in the leader Russell 2000 as well.
At least 10 people were killed and more than 25 seriously injured after two high-speed trains derailed near Córdoba, close to Adamuz, on January 18. The collision halted high-speed rail services between Madrid and Andalucía in Spain. This article was written by Eamonn Sheridan at investinglive.com.
OPEC+ production fell short of targets by 720,000 bpd in December, with Russia and Kazakhstan contributing most to the shortfall amid ongoing disruptions. Ukrainian drone attacks on key Kazakh export terminals have sharply reduced output, suggesting that global Oil oversupply could be lower than anticipated, Commerzbank’s commodity analyst Carsten Fritsch notes. Ukrainian drone strikes disrupt Kazakh Oil output “According…
FUNDAMENTAL OVERVIEW After Wednesday, it looked like US-Iran tensions were finally subsiding following a comment from Trump where he said that the killing in Iran was stopping and that there were no plans for executions. That triggered a sharp drop in oil prices because Trump threatened “strong actions” in case the Iranian regime killed protestors. Late yesterday, we got…
The price of Silver continued its upward trajectory this week, reaching a record high of $93.75 per troy ounce on Thursday morning. As a result, the Gold/Silver ratio briefly slipped below the 50 mark for the first time since March 2012. Since the beginning of the year, Silver has risen in price by around 30%. By comparison, the price…
Prior +1.1% HICP +1.2% vs +1.2% y/y prelim Prior +1.1% The changes in headline annual inflation is light with core annual inflation keeping stable at 1.7% in December. On average, Italian consumer price inflation is seen growing by 1.5% in 2025. And that’s a step up from the 1.0% back in 2024. That being said, it’s in a sweet…
The Euro (EUR) turns lower against the US Dollar (USD) on Friday, surrendering intraday gains as renewed demand for the Greenback keeps the pair on the defensive. At the time of writing, EUR/USD is trading flat near 1.1600, after briefly sliding to its lowest level since November 28. The US Dollar draws support from stronger-than-expected US economic data, which…
EC Markets, a multi-regulated global trading provider trusted by traders worldwide, has released the teaser for Hold or Trade, its new creative collaboration with Premier League champions Liverpool FC. The teaser offers a bold first look at a campaign built on a simple but powerful idea: the decisions that define every outcome. Whether it’s a split-second pass on the…
Federal Reserve (Fed) Vice Chair Michelle Bowman said that, given the risks, the Fed should not signal a pause in its rate-cutting campaign, in a speech at the New England Economic Forum in Foxborough, Massachusetts, on Friday. Key takeaways Given risks, Fed should not signal a pause in rate-cutting campaign. US Central Bank should stand ready to cut interest…
KEY POINTS: Gold remains stuck in a tight consolidation awaiting a breakout Mixed signals from US data leads to uncertainty on future Fed interest rates path Fed members are keeping a neutral stance with no clear hint on the timing for the next move US-Iran tensions remain in the spotlight Traders are still awaiting the US Supreme Court decision…
