Brent Crude Oil Price En Route To A 7-Month Low? Here’s What To Expect
Crude oil price remains on a downtrend amid the overwhelming concerns over a supply glut in 2026. According to the IEA, the global market is expected to report a record surplus of over 4 million barrels per day in the coming year
Fed Cuts Rates As Reserve Operations Begin Amid Liquidity Strain
Today’s FOMC decision to cut rates by 25 basis points, along with the introduction of reserve management operations, was widely expected. The Fed clearly felt it had to act, announcing roughly $40 billion in bill purchases this month.
XAU/USD Drifts Higher Above $4,200 As Fed Delivers Expected Cut
Gold price (XAU/USD) gains momentum to around $4,235 during the early Asian session on Thursday.