Gold (XAU/USD) surged this week, climbing above the $2,400 mark after benefiting from declining US Treasury bond yields and weak US economic data following the Fed’s policy announcement. Escalating geopolitical
Commerzbank’s analyst Carsten Fritsch reports that the Joint Ministerial Monitoring Committee (JMMC) of OPEC+ has chosen not to alter its production strategy during yesterday’s virtual meeting. This decision was anticipated
The U.S. economy added significantly fewer jobs than anticipated in July, signaling a slowdown in labor demand in the world’s largest economy. Nonfarm payrolls increased by 114,000 last month, marking
Introduction Innovation and Advancements: More Interconnectedness: Consumer Demand: With consumers now embracing new technologies, demand for innovative products and services has been on the rise. The yearning for comfort, efficiency,
Introduction The USD has enjoyed unrivaled supremacy in financial circles over the past few decades. That far-reaching influence is palpable in international trade, finance, and reserves. Understanding how the USD
The US economy has been experiencing a period of uncertainty, with rising inflation, interest rate hikes, and global market volatility. This has led to concerns about a potential recession. In
The US Non-Farm Payroll data are among the most important indicators of the US economy, published monthly by the Bureau of Labor Statistics. It is one of the most highly
This past week saw the US Dollar facing slight losses amid a notable rebound in the Japanese Yen and a decline in US yields across the board. As we look
Introduction Entering the financial market might be intimidating, yet at the same time, it is very rewarding. Opportunities about the financial market abound in increasing one’s wealth, saving for retirement,