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APM Capital
NEWS DESK

Oil Surges 3% on Middle East Tensions; Gold Hits One-Week High as Wall Street Remains Cautious – APM Capital Market Report

PR News Desk
Commodities Oil prices jumped by more than 3% on Monday, rising for a fifth consecutive session on expectations of a widening Middle Eastern conflict that could tighten global crude oil supplies. Global benchmark Brent crude futures settled higher at $82.30 a barrel, gaining $2.64, or 3.3%, its biggest percentage gain for a single trading session […]
APM Capital
NEWS DESK

Oil Prices Extend Gains; Gold Set for Weekly Decline as U.S. Stocks Edge Higher – APM Capital Market Report

PR News Desk
Mark Pussard, Head of Risk, APM Capital Commodities Oil prices continued their week-long upward momentum on Friday, snapping a four-week losing streak, with Brent crude futures increasing to $79.66 a barrel. Similarly, US West Texas Intermediate (WTI) crude futures prices rose to $76.18 per barrel. Both contracts gained around 3.70% and 4.50%, respectively, this week. […]
Mark Pussard
NEWS DESK

Global Stock Markets See Mixed Results; Gold Prices Drop Amid Stronger Dollar and Anticipation of U.S. Economic Data – APM Capital Market Report – Mark Pussard, Head of Risk, APM Capital

On Monday global stock markets experienced mixed results, with significant gains in some regions and notable losses in others. Overall, European bourses showed strong performance, while Asian markets experienced mixed outcomes with several indices declining. One of the biggest losers on the day was Irish carrier Ryanair which plummeted 17.15 percent after reporting net
Marc Pussard
NEWS DESK

Gold Prices Surge Amid Fed Rate Cut Hopes; Global Stock Markets Show Mixed Movements – APM Capital Market Report – Mark Pussard, Head of Risk, APM Capital

On Monday, global stock markets exhibited a range of movements with major indices in the UK and Europe closing well in the red while in Asia stocks were mixed with losses in Hong Kong, and a tiny gain in China’s Shanghai. Japanese markets were closed for a public holiday. Australian stock markets did best. US […]
Noor Capital
NEWS DESK

Gold consolidates ahead of US inflation data

Following Powell’s Senate testimony, which suggests a cautious approach to rate cuts, gold prices jump beyond $2,360. Although DXY gains 0.14%, the rate on the US 10-year Treasury increases to 4.296%. During Tuesday’s North American session, gold prices marginally increased following remarks made by Federal Reserve Chair Jerome Powell before the US Senate Banking
Vijay Valecha
NEWS DESK

Oil Futures Hit Two-Week Low; Gold Trades Higher Ahead of CPI Report – Comments from Century Financial

Oil prices finish lower after Hurricane Beryl leaves energy infrastructure largely unscathed: Oil futures lost ground Tuesday, with U.S. benchmark prices settling at their lowest in nearly two weeks after Hurricane Beryl appeared to leave Texas energy infrastructure with little damage. U.S crude oil futures slipped in post-settlement trading Tuesday even as the American
Marc Pussard
NEWS DESK

Global Stock Markets Show Mixed Results; Gold and Silver Trim Friday’s Gains – APM Capital Market Report

Mark Pussard, Head of Risk, APM Capital On Monday, global stock markets, like the U.S., presented a mixed picture with a combination of modest gains and losses across major indices. US markets  Wall Street closed with mixed results on Monday as investors anticipated fresh inflation data, Federal Reserve Chair Jerome Powell’s commentary, and the beginning […]
Gold
Markets

WGC report: Gold rises by 12% year-to-date

Arnold Pinto
Central banks play a key role In the tumultuous landscape of global finance, gold has performed remarkably well in 2024, rising by 12% year-to-date and outperforming other major asset classes.  According to the newly released Gold Mid-Year Outlook 2024 report issued by the London, UK-headquartered World Gold Council (WGC), the precious metal has surged, defying […]