Federal Reserve
Brent prices rose 1. 6% after the U.S. strike on Iranian missile installations. Markets are anticipating a possible Federal Reserve rate hike.
The dollar rose by 0. 59% after Kevin Warsh hinted at a possible rate hike. The probability of a September hike reached 57.5%.
The U. S. Department of Justice announced that government institutions had been hacked by Chinese hackers and that the QScan and QTRouter domains had been seized. The FBI disabled the infrastructure.
The dollar weakened to a three-month low against the euro amid plans by the United States to increase its buyback of government bonds. The euro rose to $1.1711.
The price of gold rose to its highest level in more than three months amid a weaker dollar and concerns over U. S. government debt. The metal gained 5% over the week.
The price of Brent crude rose by 0. 5% amid new Israeli strikes on Lebanon and the possible tightening of US sanctions against Iran. Traders are assessing the risks ahead of the end of the ceasefire between the US and Iran.
U. S. President Donald Trump has resumed pressure on the Fed, demanding lower interest rates and attempting to remove Federal Reserve Board Governor Lisa Cook. He is also calling the Fed’s new chair, Kevin Warsh, prompting debate about the central bank’s independence.
Global oil prices decline on expectations of a temporary agreement between the US and Iran to restore shipping in the Strait of Hormuz. Asian exchanges are poised to rise after a record close of the S&P 500.
Trump Media launches Truth API, which provides high-frequency traders with access to the US president's posts via high-speed channels. Critics cite ethical risks and unequal conditions for retail investors.
Gold prices rose by 0. 8% after the Fed left rates unchanged. Tensions in the Middle East exacerbate inflation risks.
The Bloomberg Dollar Index fell 0. 3% after the Fed kept interest rates unchanged. The probability of a rate hike in September dropped to 50%, with expectations shifting to December.
G7 central banks are preparing for interest rate decisions as oil prices approach $100 per barrel, increasing inflation risks. The US Federal Reserve, the Bank of England, and the Bank of Japan are likely to keep rates unchanged but may signal readiness to raise them in the fall.
Next week, important economic data and central bank decisions from the US, China, and Japan are expected. The Fed is in a quiet period ahead of its July 28-29 meeting, while the People's Bank of China will announce its rate decision.
Global gold prices dropped below $4000 per ounce amid the escalation of the conflict around the Strait of Hormuz. Investors are also awaiting signals from the new Fed chair regarding interest rates.
Brent oil prices rose to $78. 50 per barrel due to the escalation of the US-Iran conflict. Investors fear supply disruptions and accelerating inflation.
Gold prices dropped to nearly $4,060 per ounce amid inflation fears and Fed rate hikes. Escalation in the Middle East increased pressure on the precious metals market.
Gold dropped to $4,170 due to the US-Iran conflict. Prices are also under pressure from expectations of tight Fed policy and rising bond yields.
Gold rose to $4,564 due to progress in US-Iran negotiations. The market anticipates the reopening of the Strait of Hormuz and assesses inflationary risks.
Kevin Hassett stated that peace with Iran would cause energy prices to collapse. This would give the Federal Reserve the opportunity to ease monetary policy.
Manufacturers are stockpiling raw materials due to risks of energy shortages and supply chain disruptions amid the war with Iran. This is intensifying global inflationary pressure.
The price of gold fell to $4,689 after Trump rejected Iran's peace plan. Investors are awaiting U.S. inflation data amid attacks in the Gulf.
The price of gold dropped to $4,520 due to the US-Iran conflict in the Persian Gulf. Rising bond yields and oil prices are putting pressure on quotes.
The price of gold dropped to $4,550 due to the Fed's decision and the war in Iran. Brent crude rose to $118, while silver and platinum are showing growth.
US partners in Asia and the Persian Gulf need dollar liquidity. The UAE may receive separate support to stabilize financial markets.
Spot gold prices rose by 0. 1% after Trump's decision to extend the truce with Iran. Silver rose to $76.96 amid expectations of the Fed's policy.
NBU Governor Andriy Pyshny warned of rising prices due to higher oil and fertilizer costs. The National Bank will assess the conflict's impact on the economy next week.
The Consumer Price Index in March could rise by 1% due to rising gasoline prices. The Fed is likely to postpone interest rate cuts amid persistent inflationary pressure.
Gold settled at $4515 per ounce after Jerome Powell's comments. The market is reacting to tensions in the Middle East and rising oil prices.
U. S. officials are modeling extreme scenarios of the economic impact of a war with Iran. Brent crude has already surpassed $100 per barrel.
The price of gold leveled off after six days of decline amid Fed statements on inflation risks. Investors are awaiting a rate decision due to the war in Gaza.