XAUUSD & Brent decline after Fed cut and Trump win
The Federal Reserve's quarter-point rate reduction to 4.50%-4.75% influenced gold and oil prices. The rate cut aimed to sustain economic growth, while the new administration's policies may impact crude prices.
XAUUSD & BRN outlook ahead of US jobs report and US elections
Gold sees a healthy pullback ahead of the US jobs report and presidential election, while Brent rebounds to the mid-$70 range due to geopolitical tensions. The outcome of these events will likely influence the direction of both markets.
Brent crude increased above $74 per barrel, driven by geopolitical concerns in the Middle East. Meanwhile, demand worries persist in Europe and China, despite positive signs from U.S. refinery
Oil prices are under pressure amid demand concerns
Brent crude nears $74 per barrel, marking a significant weekly decline. Concerns over demand, particularly from China, and geopolitical tensions in the Middle East are influencing market dynamics.
The Federal Reserve's quarter-point rate reduction to 4.50%-4.75% influenced gold and oil prices. The rate cut aimed to sustain economic growth, while...
Gold sees a healthy pullback ahead of the US jobs report and presidential election, while Brent rebounds to the mid-$70 range due to geopolitical tens...
Brent crude increased above $74 per barrel, driven by geopolitical concerns in the Middle East. Meanwhile, demand worries persist in Europe and China,...
Brent crude nears $74 per barrel, marking a significant weekly decline. Concerns over demand, particularly from China, and geopolitical tensions in th...
Crude Oil
Brent
BRN
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