The FOMC has left the interest rates unchanged in an expected move, and also released its economic projections for 2020...
A rise in crude oil inventories was enough to suppress price action on the Brent crude oil price benchmark. Next comes the FOMC decision...
Silver price action is trending upwards on the XAGUSD pair. Sign up to find out how the pair could react to the FOMC statement today.
Gold price continues higher for the third consecutive session as the recent rally in risky assets questions ahead of the Fed policy meeting and decision later today. The correction yesterday in equity markets
WTI crude oil price finished yesterday’s trading unchanged despite a conflict in Libya weighing down on supply; US crude oil inventories are due today.
Brent crude oil price trade lower for the second consecutive trading session as investors assessed the new OPEC+ agreement for...
Gold price is testing a confluence of resistance ahead of the FOMC meeting due tomorrow. Will Fed Reserve Chairman Powell show optimism for the US economy?
Crude oil price halts is advance as OPEC + extends output cuts by 1 month, and not 2 months as initially planned.
Silver price bounced back today as investors waited for the Fed interest rates decision on Wednesday. The price is also...
Gold price recovers some of Friday’s sharp losses after the strong employment data from USA. The U.S. unemployment rate dropped to 13.3% while the forecast were looking for an increase to 20%.
Crude oil price rose today after a successful virtual meeting by OPEC members and its allies. In the meeting, the members agreed to continue with their 10 million barrels a day supply cuts in a bid to stabilize the market. Brent, the global benchmark rose to $43 while West Texas Intermediate (WTI) rose by 0.86% to $40 a barrel.
The OPEC + meetings take place tomorrow and could decide if the crude oil price surge is sustained, or if a selloff could ensue.