Global markets remained cautious on Wednesday as geopolitical tensions simmered, with investors keenly awaiting U.S. Federal Reserve minutes for clues on interest rates. The yen saw stability following positive manufacturing data and news of significant Japanese investments in the U.S. Meanwhile, progress was reported in nuclear talks between Iran and the U.S., and peace negotiations between Ukraine and Russia continued.Read More
Gold prices saw a slight rebound on Wednesday, recovering from a significant dip triggered by progress in U.S.-Iran talks. However, subdued trading volumes due to Lunar New Year holidays across Asia are keeping a lid on gains. Investors are keenly awaiting U.S.Read More
Oil prices dipped slightly as U.S.-Iran talks showed progress, easing fears of supply disruptions. Brent and WTI crude are near two-week lows. While an understanding on nuclear dispute principles was reached, a deal isn’t imminent. Rising output at Kazakhstan’s Tengiz field also pressured prices. Market eyes U.S. inventory data for further direction.Read More
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