7+ hour, 54+ min ago   (641+ words) Oil fundamentals sharply tightened Monday following the closure of Saudi Arabia’s East-West pipeline as a result of drone attacks. The pipeline carries about 4 million barrels a day to the Red Sea port of Yanbu, representing about 4% of global supply. Industry…...

9+ hour, 56+ min ago   (856+ words) Early Monday at 03:10 GMT, Spot Gold (XAUUSD) is trading at $4,336.10, down $13.32 or 0.31%. The session high is $4,355.41 and the low is $4,326.35. Spot gold rebounded Friday after testing its lowest level since September 2. Core CPI came in above expectations with Treasury yields…...

20+ hour, 47+ min ago   (118+ words) FXEmpire Gold (XAU) prices remain volatile after the release of the inflation data as rising energy costs and strong producer inflation create fresh concerns about the inflation outlook The surge in oil and diesel prices may keep the Fed hawkish…...

1+ day, 4+ hour ago   (1141+ words) The market expects the policy rate to increase from 1.00% to 1.25%. The central bank is optimistic about a moderate recovery in Japan’s economy. It also expects the financial conditions to remain loose after the hike. This suggests that officials do not…...

3+ day, 19+ hour ago   (459+ words) The AI trade right now is keying in on one piece of the puzzle – optoelectronics. And two great optoelectronics companies are oversold right now. Lasers provide the light and modulators encode digital information to be transmitted: Optoelectronics technology is efficient…...

3+ day, 18+ hour ago   (583+ words) SP500 is losing ground as traders focus on PPI report and react to the strong rally in the oil markets. PPI increased by +0.4% month-over-month in August, in line with analyst expectations. Core PPI grew by +0.2%, while analysts expected that it would…...

3+ day, 19+ hour ago   (560+ words) Gold is losing ground as traders focus on the strong rally in the oil markets. Houthis have captured a key port on the Red Sea and now have full control over the Bab-el-Mandeb Strait. The forces of Yemen’s official government…...

3+ day, 19+ hour ago   (572+ words) Natural gas attempts to rebound as traders react to the EIA Weekly Natural Gas Storage Report. The report indicated that working gas in storage increased by +40 Bcf from the previous week, compared to analyst consensus of +31 Bcf. Interestingly, higher-than-expected build…...

4+ day, 51+ min ago   (261+ words) Gold trades below $4,500 and above its 50-day EMA as CPI, Fed and BOJ decisions loom, with inflation and U.S. dollar strength key to the next move. The gold market finds itself somewhat noisy in early trading on Thursday as we wait…...

3+ day, 20+ hour ago   (570+ words) The strong rally in the oil markets provided additional support to the American currency. U.S. Dollar Index gains ground as traders focus on the strong rally in the oil markets and react to Producer Prices data. Brent oil rallied above the…...