Energies
About: kate
Recent Posts by kate
Market Recap | 02-Jan-2025
NMDC: While iron ore sales declined by 6.7% YoY, production increased by 5.1%, reflecting a possible inventory buildup or reduced demand. Most Asian markets were trading lower in their first session of the year. The Nikkei 225 and KOSPI were down 0.96% and 0.44%, respectively. Meanwhile, stock futures rose slightly to begin 2025, following theContinue Reading
Monday’s Market Update | 30-Dec-2024
The U.S. stock market concluded the final full week of 2024 with moderate gains, despite some volatility. The S&P 500 and Nasdaq Composite indexes rose by approximately 1.77% and 1.8%, respectively, over the past week. This performance contributes to their impressive annual gains, with the S&P 500 up about 25% and the Nasdaq over 31%Continue Reading
Market Recap | 26-Dec-2024
Asian markets opened on a positive note on Thursday morning, with the Nikkei 225 advancing 0.43% and the KOSPI gaining 0.18% as of 6:43 a.m., signaling steady regional trading sentiment. Financial markets in Australia and the U.S. remained closed due to the Christmas holiday, contributing to lighter trading volumes globally. Commodities saw modest gains, withContinue Reading
Monday’s Market Update | 23-Dec-2024
USD/CAD continues to decline for the third consecutive session, trading near 1.4360 as rising crude oil prices strengthen the Canadian Dollar. Softer US inflation data has revived expectations for 2024 policy easing, potentially boosting oil demand. Gold (XAU/USD) holds steady at around $2,625. While the Fed’s hawkish stance pressures gold, a weaker US Dollar followingContinue Reading
Market Recap | 19-Dec-2024
Gold prices (XAU/USD) have recovered modestly from a one-month low near $2,583-$2,584 touched during Thursday’s Asian session, but there has been a lack of strong follow-through buying. The Federal Reserve (Fed) announced it would slow the pace of interest rate cuts, while ongoing geopolitical tensions and trade war concerns have driven some safe-haven demand forContinue Reading
