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Escalating tensions in the Middle East ahead of the U.S. The President’s visit to Israel cast a shadow. Gold and oil prices rallied amid stalled ceasefire efforts in Gaza. Escalating tensions in the Middle East cast a shadow as the anticipated visit of the U.S. President to Israel looms on Wednesday. Against this backdrop, goldContinue Reading

U.S. President Joe Biden’s upcoming visit to Israel signals a show of support, bolstering market confidence. Amid escalating Middle East tensions, Western allies have intensified diplomatic efforts. U.S. President Joe Biden’s upcoming visit to Israel signals a show of support, bolstering market confidence. Equities surged, reflecting improved risk appetite, while traditional safe-havens like USD andContinue Reading

Safe-haven assets such as gold and the US Dollar have experienced a substantial upswing in response to the deepening Middle East conflict.  Safe-haven assets such as gold and the US Dollar have experienced a substantial upswing in response to the deepening Middle East conflict. As tensions escalated on the Israel-Lebanon border, with over 2,000 civilianContinue Reading

Market sentiment shifted significantly after the U.S. Consumer Price Index data exceeded expectations, along with strong Initial Jobless Claims figures. Market sentiments shifted significantly following the release of yesterday’s U.S. Consumer Price Index (CPI) data, which surpassed expectations. Coupled with robust Initial Jobless Claims figures indicating a resilient labour market, investors are reevaluating the possibilityContinue Reading

The Week Ahead: Week of 16 October (GMT+3) Tuesday, 17 October, 15:30 – US Retail Sales (MoM) (Sep) In August, U.S. retail sales surpassed expectations due to a surge in gasoline prices, which boosted service station receipts. The rising gas prices are impacting the economy and could dampen shoppers’ momentum as holiday shopping season approaches.Continue Reading