Unrest in the Middle East again, retaliatory attack on Iran. What about oil?
The most important event in recent hours was Israel's attack on Iran in retaliation for last weekend's attack. According to both sides, the attack was not significant, but it led to significant market movements, which are [...]
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April 17 2024
Gold at $2500? The bull market for precious metals continues
Following the recent spike in tensions in the Middle East, gold has reached a record high of $2400 per ounce. Since the beginning of the year, the price of gold in dollars has increased by 13 percent, and in Polish zlotys - even by 18 percent. It can grow [...]
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April 17 2024
The Federal Reserve remains on a restrictive course
We can conclude that the Fed is using every opportunity to communicate its highly restrictive stance to the market. Yesterday, such a signal was sent by Jerome Powell during The Washington Forum. IN [...]
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April 16 2024
Geopolitics drives the dollar. Will USD/PLN reverse the trend?
The biggest winner of recent, troubled days on global markets is certainly the American dollar. Weaker sentiment around risky assets and oil hovering above USD 90 per barrel favor 'safe [...]