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Headlines:G7 members, IEA reportedly to discuss on joint release of emergency oil reservesOil price surge relents as G7 mulls coordination with
Before the war started, I mentioned that a US-Iran conflict would likely have disastrous effects on the markets and the global
FUNDAMENTAL OVERVIEWUSD:The US dollar opened higher today after Israel bombed 30 Iranian fuel depots on Saturday and oil prices surged above
FUNDAMENTAL OVERVIEWOil prices jumped above 100$ per barrel today after Israel bombed 30 Iranian fuel depots on Saturday and the market
Prior 4.2No surprises there as the index drops off amid the initial impact of the US-Iran conflict. I would expect investor
The bleeding continues after a terrible period last week, which saw major indices in Europe wipe out their year-to-date gains in
It's a tough one, not least when the euro is also under heavy pressure amid surging gas prices. That as the
FUNDAMENTAL OVERVIEWUSD:The US dollar opened higher today after Israel bombed 30 Iranian fuel depots on Saturday and oil prices surged above
Monday begins quietly, with no significant events scheduled for the FX market, though geopolitical developments in the Middle East could influence
EUROPEAN SESSIONIn the European session, we don't have much on the agenda other than a couple of low tier releases like
Prior -1.9%; revised to -1.0%The drag here also comes after a more positive revision to the December numbers, so keep that
Prior +7.8%; revised to +6.4%When you exclude large orders, overall factory orders in Germany were just 0.4% lower than in December
There is arguably just one to take note of on the day, as highlighted in bold below.That being for AUD/USD at
That as the report notes that preparations are now being made in anticipation of a prolonged de facto closure of the
Even with the decline, oil prices are still some 14% higher on the day so far. It underscores the fact that
Asian markets endured a severe sell-off today as the escalating conflict in the Middle East drove a dramatic surge in global
Global markets closed the week under the growing shadow of a rapidly escalating energy crisis. What began as a geopolitical confrontation
Markets appeared largely unfazed by the shockingly weak US non-farm payroll report, as attention is already occupied by the explosive surge
The current market environment is the definition of a “powder keg” waiting for a spark, something that the February US Non-Farm
Global markets have shifted into a cautious pause after the relief rally that began on Wall Street yesterday and carried through
Global markets entered a transitional phase as investors moved from outright panic toward cautious observation. After several sessions of heavy selling
Global markets are attempting to recover from the shock of a brutal Asian session as trading moves into Europe. Major European
Asian markets plunged into deep risk-off territory today as investors grappled with the escalating Middle East conflict and its growing economic
Panic has officially seeped into the European sessions. Crude prices are not just rising; they are re-accelerating, after Iran’s Revolutionary Guard
The global market reaction to the escalating conflict in the Middle East remains remarkably fragmented. U.S. equities successfully staged a “buy-the-dip”
Global markets have entered a phase of heightened volatility as Middle East tensions transition into direct and widening regional conflict. Initial
Markets opened the week with a clear but measured risk-off tone following dramatic escalation in Middle East tensions over the weekend.
Global markets closed February under conditions few anticipated even days ago. The events in the last 48 hours have shifted the
Stronger-than-expected US PPI data has unsettled financial markets, shifting sentiment toward a more defensive footing. The persistence of upstream inflation pressures
Forex markets are closing out February in subdued fashion, with activity thinning as traders hold back from fresh positioning ahead of
Data source: FXStreet, Finance Magnates, DailyFX, Investing.com, Forexlive and Action Forex
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