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US market is bracing for Friday’s crucial employment data, a potential catalyst amidst swirling recession anxieties. Recent market behavior reflects this unease, with volatility dominating trading sessions. While inflation figures have offered a degree of comfort, a concerning dip in consumer spending and a subsequent downward revision of GDP forecasts …

The economic landscape is currently marked by a confluence of factors that are generating significant market volatility and raising concerns about a potential slowdown in the United States. Recent data releases have painted a picture of an economy grappling with uncertainty, particularly concerning manufacturing activity and the potential impact of …

The U.S. manufacturing sector exhibited unexpected signs of deceleration in February, according to data released by the Institute for Supply Management (ISM). The closely watched Manufacturing Purchasing Managers’ Index (PMI) fell to 50.3, a decline from January’s 50.9 and below the consensus forecast of 50.5. This figure indicates a marginal …

Oil prices edged higher on Monday, buoyed by upbeat Chinese manufacturing data, as traders assessed geopolitical developments, including efforts to resolve the Russia-Ukraine conflict and the impact of U.S. tariffs. As of 08:30 ET (13:30 GMT), Brent crude futures for May delivery rose 0.6% to $73.24 per barrel, while West …

Gold prices edged higher in Asian trading on Monday, supported by a weaker U.S. dollar and persistent geopolitical uncertainties. Investors turned to the precious metal as a safe-haven asset amid ongoing trade policy tensions and stalled Russia-Ukraine peace talks. Spot gold increased by 0.3% to $2,865.69 per ounce, while April …

Bitcoin surged on Monday, extending a sharp rebound from last week’s losses after U.S. President Donald Trump reaffirmed his commitment to establishing a Crypto Strategic Reserve. The move, which includes Bitcoin among other major cryptocurrencies, fueled a rally across digital asset markets. The world’s largest cryptocurrency briefly touched $94,901.96 before …

European stock markets opened the week on a positive note, with investors closely monitoring upcoming inflation data from the eurozone ahead of the European Central Bank’s (ECB) policy-setting meeting. As of early trading on Monday, Germany’s DAX index advanced by 0.9%, France’s CAC 40 gained 0.2%, and the UK’s FTSE …

Oil, Crude, trading

The Canadian dollar surged against the U.S. dollar, posting notable gains after successfully rebounding from the support level at 1.4370, reaching a high of 1.4472. From a technical perspective, the 4-hour chart indicates that the simple moving averages continue to provide support from below, reinforcing the potential for further upside. …

Oil, Crude, trading