Market Analysis: Gold and Oil Prices Soar, More Gains Ahead?

Ongoing hostilities in the Middle East region and the Red Sea shipping route have put a potential “floor” in oil prices due to the increasing risk of supply disruptions. The demand side has remained weak as China’s top policymakers have signalled a less forceful approach in enacting stimulus measures after PBoC left its 1-year MLF […]

The dollar index is trading within a narrow range for the second consecutive day, as traders await release of the US inflation report for March, which is expected to provide more hints on the Fed’s policy outlook. Widely expected start of cutting rates in June, as well as the pace and size of rate cuts, […]

US inflation data boosts the dollar Retail sales eyed on Thursday for signs of strong demand USDCAD may remain rangebound The US dollar reached a two-month high against its Canadian counterpart on Wednesday on the back of some stronger economic data. The inflation figures from the US propelled the greenback higher as traders were forced […]