USA expects Israel to counterattack at the end of April
Lufthansa suspended flights to Tehran and Beirut. Olaf Scholz warns Israel against retaliation against Iran. More information in the news blog. The most important things at a glanceLoading… Embed USA and Great Britain impose new sanctions against Iran 3:35 p.m.: The USA and Great Britain impose comprehensive sanctions against Iran’s drone program. As the Treasury […]
Dollar Falls Amid Signs of Profit Taking and Concerns Over Yen Depreciation
The dollar fell for the first time in six business days. The stock had been rising due to a series of statements by US Federal Reserve officials suggesting they would delay interest rate cuts, but now there are signs of profit taking. The dollar fell 0.3% against the yen to 154.32 yen. In a joint […]
US Dollar Hits Highest Level Since November Amid Middle East Tensions and Fed Rate Cut Expectations
The dollar rose to its highest level since November last year. In addition to the inflow of money into safe haven assets due to the tense situation in the Middle East, the dollar is supported by the reduction in expectations for interest rate cuts by the US Federal Reserve (Fed) . The dollar index against […]
Gold Prices Surge to Record High as Demand for Safe Haven Assets Increases amid Geopolitical Tensions
On April 11th, spot gold reached a new all-time high. Demand for gold as a safe haven asset is increasing amid geopolitical tensions. The photo shows gold nuggets. The photo was taken last September in Novosibirsk, Russia (2024 Reuters/Alexander Manzyuk) [１２日 ロイター] – Spot gold reached an all-time high in trading on the 12th. Demand […]
Gold Prices Expected to Reach $2,500 by Fourth Quarter of 2024, Says Bank of America
Bank of America (BofA) said it expects the average gold price to reach $2,500 an ounce by the fourth quarter of 2024. Picture taken in January 2010 (2024 Reuters/Chris Keane) [９日 ロイター] – Bank of America (BofA) said it expects the average gold price to reach $2,500 per ounce by the fourth quarter of 2024. […]
Gold Market Outlook for 2024: Will it Follow in Cocoa’s Footsteps?
On April 5, after Nikki Shields, head of metals strategy at Swiss gold smelter MKS PAMP, revised the outlook for the gold market in 2024, market participants began to believe that “gold will follow cocoa.” the question, “Can we follow the same thing?” The picture was taken in September 2023 at a refinery in Novosibirsk, […]
Gold Hits All-Time High as US Inflation Slows, Expectations for Rate Cut Rise
On April 1st, the spot price of gold hit an all-time high. Signs that US inflation is slowing have raised expectations that the US Federal Reserve will cut interest rates in June. The photo shows gold nuggets. The photo was taken last November in Novosibirsk, Russia (2024 Reuters/Alexander Manzyuk) [１日 ロイター] – The spot price […]
Cocoa Farms in Ghana Struggle as Illegal Gold Miners Cause Devastation and Decline in Production
On March 28, his cocoa farm was contaminated with toxic substances and was riddled with reddish-brown pools. The photo shows cacao fruit. Photo taken in February on a farm in Osino, Ghana (2024 Reuters / Francis Kokoroko) [サムレボイ（ガーナ） ２８日 ロイター] – His cocoa farm was contaminated with toxic substances and was riddled with reddish-brown pools. […]
WTO Panel Finds Australia’s Tariffs on Chinese Steel Products Flawed
The Dispute Settlement Panel of the World Trade Organization (WTO) has found Australia’s tariffs on Chinese steel products flawed. Document photo, taken in March 2021 (2024 Reuters/Denis Balibouse) [ベルリン／シドニー ２７日 ロイター] – The World Trade Organization (WTO) Dispute Settlement Panel has found Australia’s tariffs on Chinese steel products flawed. The Australian government has indicated that […]
Yen Remains Stable as Dollar Falls: Market Update
The Yen was virtually unchanged on the New York foreign exchange market at the end of the day. In the early stages, there was an increase in the Yen following Finance Minister Masato Kanda’s statement to stop yen depreciation, but it fell. Meanwhile, the dollar has fallen from its highest level in about a month […]
