Oil Prices Rise 2%; Moody’s Warns of Higher US Recession Risks
US crude oil futures rose about 2% on Tuesday, paring their gains as investors continue to reexamine the Iranian conflict. Global energy markets have been…
Posts Tagged: Recession
US Dollar Mixed Heading Into Labor Day As Fed’s Preferred Inflation Measure Flat
The US dollar was mixed heading into the Labor Day holiday weekend as investors reviewed fresh inflation data. The greenback has struggled all year and…
Gold Little Changed As Tariff, Recession Fears Rock Wall Street
Gold futures were little changed to kick off a trading week. Financial markets were swimming in a sea of red ink as tariff and recession…
US Dollar Index (DXY) Joins Broader Market Recovery After Sharp Selloff
The US Dollar Index (DXY), a gauge of the greenback against a basket of currencies, recovered on Tuesday after the sharp August 5 selloff. The…
Gold Plummets, Holds $2,400 Amid Rout in Global Financial Markets
Gold futures tanked to start the first full trading week of August, joining the broader market selloff. Global financial markets have been puking on a…
US Dollar Mixed Heading Into November Jobs Report
The US dollar struggled for direction on Thursday as investors braced for the much-anticipated November jobs report. The greenback had been gaining momentum this week,…
Crude Oil Extends Selloff Despite Major US Supply Build
Crude oil futures reacted very little to the larger-than-expected build in US inventories. Energy commodities have plummeted over the past month despite various bullish signals,…
Gold Slips to $1,980 After Better-Than-Expected US Treasury Auction
Gold futures struggled for direction to kick off the holiday-shortened trading week. It was relatively quiet on the economic data front, so gold traders monitored…