Gold rebounds as US Dollar and Treasury yields retreat

Gold rebounds as US Dollar and Treasury yields retreat

Gold (XAU/USD) edges higher on Monday after reversing intraday losses as the US Dollar (USD) and Treasury yields ease following its recent rally. However, Oil-driven inflation concerns stemming from the ongoing US-Iran war raise the risk that central banks will keep borrowing costs elevated for longer, which continues to cap the metal’s upside despite heightened […]

BoJ caution and energy shock weigh on currency – MUFG

BoJ caution and energy shock weigh on currency – MUFG

MUFG analysts Derek Halpenny and Lee Hardman observe that Japan has seen the smallest hawkish repricing among G10, with markets already pricing two Bank of Japan (BoJ) hikes but little additional tightening after the energy shock. A weaker Japanese Yen reflects expectations that Japan’s energy-import dependence leaves it vulnerable, and the absence of a firm […]

Dow Jones futures gain as US may announce coalition to open Hormuz

Dow Jones futures gain as US may announce coalition to open Hormuz

Dow Jones futures gain 0.33% to trade near 46,750 during European hours ahead of the US regular market open on Monday. S&P 500 and Nasdaq 100 futures rise 0.49% and 0.51% to trade around 6,670 and 24,520 at the time of writing. US stock futures rise as risk aversion eases on reports that the United […]