Copper edged lower after China’s new-home prices fell the most in seven months, ING’s commodity analysts Warren Patterson and Ewa Manthey note. Chinese monthly primary aluminium production rises 5% “China’s property market, a key sector for base metals demand, saw a 0.2% decline in new home prices in 70 cities in April. After several months […]
Stocks hold firm despite Middle East conflict The outbreak of conflict between Israel and Iran caught markets by surprise, sending stocks in Europe and the US sharply lower, but the losses have halted over the weekend. This might seem odd, but while the conflict could yet become a lot more serious, it has for the
Global markets were broadly steady on Monday, despite ongoing conflicts in the Middle East. The Nikkei led Asian bourses with a 1.26% while European indexes also opened higher. Even with Israel and Iran continuing to exchange military strikes, investor sentiment remained resilient. US equity futures are also treading water, suggesting cautiousness rather than panic ahead
2025.06.16 2025.06.16 US Dollar Prepares Counterattack. Forecast as of 16.06.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The ongoing reshaping of the global trade system is exerting pressure on the US dollar. The US Federal Reserve’s decision to maintain current interest rates has strengthened the greenback. Against this backdrop, the EURUSD pair is consolidating ahead of the FOMC meeting. Let’s discuss
Tensions between Israel and Iran entered a fourth consecutive day on Monday, with no signs of de-escalation. The conflict has intensified fears of a broader regional crisis in the oil-rich Middle East, particularly concerns over potential disruptions to oil supply through the Strait of Hormuz. /* Requesting advertisement by calling an endpoint assures that the
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
European Central Bank Vice President Luis de Guindos said on Monday that the exchange rate of EUR/USD at 1.15 is no big obstacle on the inflation target. Key quotes The appreciation of the euro is not rapid, volatility not extreme.The risk of undershooting inflation target is very limited.The risks to inflation are balanced.Markets understood perfectly
China controls global supply of samarium, a rare earth metal critical for U.S. and allied military production—fighter jets, missiles, and more. Supply disruptions in recent months have come just as Western nations are scrambling to restock depleted weapons inventories due to support for Ukraine and Israel. The recent U.S.-China trade truce left military-use rare earth
WTI price rises to near $72.15 in Monday’s early Asian session. Concerned over wider conflict between Iran and Israel that could disrupt supplies support the WTI price. Trump’s tariff uncertainty might cap the WTI’s upside. West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $72.15 during the Asian trading hours on Monday. The WTI
Wall Street reacts to Middle East tensions as Fed rate decision looms US stocks fell sharply on Friday as Iran retaliated against Israel with missile strikes, while traders now focus on this week’s Fed rate decision amid geopolitical uncertainty. The US 500 futures suggest recovery as Israel’s strategic strikes show early success. US stocks retreat
UK Rightmove House Prices for June 2025: -0.3% m/m, compared with a typical 0.4% rise for the usual month of June +0.8% y/y, smallest annual rise since August 2024 Rightmove commentary: “It appears that we’re now seeing the decade-high level of homes for sale, and the recent stamp duty increases in England, have a delayed
South Korea Trade Balance remains unchanged at $6.94B in May Source link
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
