EUR/USD 1.04924
-0.194%
Gold 2908.97
-0.202%
Oil 68.977
0.052%
USD/JPY 149.535
0.336%
GBP/USD 1.26428
-0.201%
GBP/JPY 189.057
0.181%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
Futures news on February 26: 1. The trading volume of WTI crude oil futures was 662,416 lots, an increase of 169,070 lots from the previous trading day. The open interest was 1,768,803 lots, an increase of 4,108 lots from the previous trading day. 2. The trading volume of Brent crude oil futures was 121,612 lots, an increase of 30,155 lots from the previous trading day. The open interest was 178,130 lots, an increase of 808 lots from the previous trading day. 3. The trading volume of natural gas futures was 635,077 lots, an increase of 37,412 lots from the previous trading day. The open interest was 1,597,175 lots, a decrease of 4,227 lots from the previous trading day.Ukraines top commander: discussed continued military support for Kiev with British defense secretary.On February 26, Russian crude oil loadings to India increased by 13% in January to 1.73 million barrels per day (7.36 million tons). According to data from Vortexa, a global analysis platform for energy and freight markets, and Kpler, an energy analysis company, shipments to India last month were 9% higher than in January last year. The increase reflects an overall increase in Russian seaborne crude oil exports in January. But market participants said exports to India in February may fall due to the latest sanctions on Russian oil exports announced by the United States on January 10. Preliminary data showed that Indias crude oil loadings fell 16% month-on-month to 1.33 million barrels per day (3.65 million metric tons) from February 1 to 20, but this figure is likely to be revised.According to NBC: Elon Musk will attend the first cabinet meeting since US President Trump took office on the 26th local time to discuss the work of the Government Efficiency Department.February 26th, Hong Kong Chief Executive John Lee today (26th) announced the 2025-2026 Budget, saying that the Budget proposes a number of measures that are consistent with the direction of the Policy Address, including cultivating new quality productivity to strengthen the development of innovative technology and artificial intelligence; accelerating the development of the Northern Metropolitan Area and the Hong Kong Park of the Hetao Shenzhen-Hong Kong Science and Technology Innovation Cooperation Zone, giving full play to the strategic positioning of "three centers and one highland", further cultivating and introducing talents, upgrading advantageous industries, and promoting the accelerated development of Hong Kongs economy. I am full of confidence in Hong Kongs development and prospects. I call on all sectors of society to support this budget.

Gold Price Forecast: XAU/USD crashes below $1,840 as geopolitical worries damper market mood

Alina Haynes

Feb 20, 2023 11:13

截屏2022-06-07 下午5.14.07.png 

 

Gold price (XAU/USD) has slid to about $1,837.90 after giving a negative break of the consolidation created in a limited range of around $1,844.00 in the Asian session. The precious metal has been given amid growing geopolitical tensions between the United States and China and the launch of rockets from North Korea near Japan’s Exclusive Economic Zone (EEZ).

 

Investors should brace for wild volatility as the equity markets in the United States will stay closed on Monday owing to Presidents’ Day. Nevertheless, S&P500 futures have slid further amid increased forecasts of the continuation of the restrictive policy stance by the Federal Reserve (Fed), presenting a decline in the risk-aversion theme.

 

The US Dollar Index (DXY) has risen over 103.70 as investors are increasingly anxious that the higher-than-anticipated US Consumer Price Index (CPI), Producers Price Index (PPI), and monthly Retail Sales data have prompted the possibility of a comeback in the inflationary pressures.

 

Fed Governor Michelle Bowman stated on Friday that they are seeing a lot of conflicting data in economic conditions. He further noted, the Fed has “A long way to go to get inflation back down to our goal."


Suggestion