Trading was subdued in Asia today, with Japan closed for a public holiday and investors awaiting a series of major events later in the week. Aussie led mild gains, supported by positioning for a hawkish hold from the RBA on Tuesday. The British Pound, by contrast, stayed on the defensive as traders reduced exposure ahead […]
Risk appetite swept across Asian markets today, lifting equities to fresh records as political clarity in Japan and trade optimism across the region buoyed investor confidence. Nikkei 225 surged to another all-time high after the Liberal Democratic Party’s Sanae Takaichi won 237 of 465 votes in the lower house, securing her position as Japan’s next
Asian markets opened the week lower following the US military strikes on Iranian nuclear sites, marking a dramatic escalation in the Middle East. However, losses were limited and short-lived, with major indexes across the region quickly recovering earlier declines. Oil prices also staged a muted response. While WTI spiked on the news, the rally has
West Texas Intermediate (WTI) Oil price falls on Friday, early in the European session. WTI trades at $72.92 per barrel, down from Thursday’s close at $75.06.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $75.06 after its previous daily close at $77.32. WTI Oil FAQs WTI Oil is a type of Crude
WTI Crude trades near $74.58, up over 2.5% on the day after hitting an intraday high of $75.54. Israeli strikes on Iranian infrastructure spark fresh supply concerns and add a ~$10 per barrel geopolitical premium. Technicals remain bullish: price holds well above the 21-day EMA near $66.80; RSI at 74.21 signals overbought conditions. West Texas
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
Global Financial markets have endured months of turmoil, with overlapping concerns over the US debt downgrade, recession fears, and an intensifying global trade war. The sharp escalation in Middle East conflict last week has only deepened the anxiety, as Israel and Iran exchanged strikes, raising the specter of prolonged regional instability. With the 90-day reciprocal
Asia-Pacific equities slumped today after Israel launched a military strike on Iran, targeting nuclear facilities and escalating geopolitical tensions in the region. The strike, which came without US support, was followed by a sharp vow of retaliation from Tehran. The immediate reaction saw oil prices spike nearly 9%, as traders rushed to price in potential
Risk sentiment remains fragile as the US session gets underway, with equity markets under pressure from renewed tariff threats. European stocks are particularly heavy after US President Donald Trump threatened to double tariffs on imported steel. UK equities, however, are finding some support from Prime Minister Keir Starmer’s announcement of increased defense spending. In the
Dollar is once again under pressure in a relatively calm Asian session, as broader financial markets appear to have stabilized following the earlier bout of volatility driven by US deficit and debt concerns. Wall Street closed the day nearly flat with little direction, while US 10-year Treasury yield held above the 4.5% level after recent
WTI price drifts lower to near $60.75 in Friday’s early Asian session. Oil inventories rose by 1.328 million barrels in the week ended May 16, according to the EIA. The US and Iran will hold fresh nuclear talks on Friday. West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $60.75 during the Asian
Dollar drifted lower in subdued trading, with many Asian markets closed for holidays. Movements in the currency markets elsewhere were mixed. Traditional safe havens like Yen and Swiss Franc inching higher. But at the same time, risk-sensitive currencies such as Australian and New Zealand Dollars also advanced. Overall risk sentiment lacking clear direction. This lack
West Texas Intermediate (WTI) Oil price advances on Monday, early in the European session. WTI trades at $63.19 per barrel, up from Friday’s close at $62.97. Brent Oil Exchange Rate (Brent crude) is stable, hovering around its previous daily close at $65.90. WTI Oil FAQs WTI Oil is a type of Crude Oil sold on
West Texas Intermediate (WTI) Oil price falls on Thursday, according to FXStreet data. WTI trades at $70.55 per barrel, down from Wednesday’s close at $71.16. Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $74.29 after its previous daily close at $74.89. WTI Oil FAQs WTI Oil is a type of Crude
WTI price gains traction to near $74.15 in Wednesday’s Asian session. US crude oil inventories fell by 4.022 million barrels last week, according to the API. Oil traders brace for the FOMC Minutes on Wednesday ahead of the US December NFP report. West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $74.15
