Houthis in Yemen announce entry into the conflict if any alliance joins the US and Israel
This day just keeps getting worse. At the start of trading Monday it looked like Trump was on track to get some kind of ceasefire by now. Instead, we have…
Read More »Thai Baht: War-driven pressures challenge BOT stance – DBS
DBS Group Research economist Chua Han Teng highlights that Thailand’s financial markets, particularly the Thai Baht (THB) and equities, are under pressure due to vulnerability to Middle East conflict-related commodity…
Read More »Major US stock indices close lower. Major indices close lower for the 5th week.
The major US stock indices are closing lower for the day and lower for the week. The decline this week is the 5th consecutive weekly decline. The S&P decline is…
Read More »investingLive Americas market news wrap: Oil prices surge as war worries mount
Iran expected to deliver counter-proposal to the US today – report Trump signals to allies no immediate plans for Iran invasion Houthis in Yemen announce entry into the conflict to…
Read More »Trump jokes about Hormuz as war drags on, markets slide and NATO doubts resurface
Trump joked about the “Strait of Trump” as the Iran war enters month two, with Hormuz disruptions persisting. Mixed signals on talks continue, while US stocks fell for a fifth…
Read More »WTI Oil surges on Middle East escalation fears, Strait of Hormuz disruption risks
West Texas Intermediate (WTI) US Oil rises sharply and trades around $96.00 at the time of writing on Friday, up 3.55% on the day.
Read More »Banxico: Cautious after a close call for cut – Rabobank
Rabobank’s RaboResearch Global Economics & Markets team reviews Banxico’s March 26 decision to cut the overnight policy rate by 25bp to 6.75%. The move was a close call, with two…
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New Trading Podcast, Dubai Scam, Funded Trading, 100k Special | Traders Room Podcast Ep1
On today’s episode we launch the first episode of the Traders Room Podcast. On the Traders Room Podcast we will be unpacking everything related to forex trading and we will…
Read More »Gold recovers some ground as hopes for the end of the US-Iran war drive prices higher
FUNDAMENTAL OVERVIEW Gold has been regaining some ground over the past few days, supported by a couple of optimistic developments on the US-Iran front. On Monday, prices jumped after Trump…
Read More »USD/JPY: Oil shock keeps pressure on Yen – OCBC
OCBC strategists Sim Moh Siong and Christopher Wong highlight that rising Oil prices are worsening Japan’s terms of trade, fiscal risks and policy uncertainty, keeping the Japanese Yen (JPY) under…
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