The U.S. dollar fell to a new low for 2025 on Thursday, while global stocks eased from record highs, as a mix of rising tensions in the Middle East and concerns over the fragility of a U.S.-China trade truce prompted investors to seek refuge in safe-haven assets. The dollar, which …
Read More »U.S. Stock Futures Dip Amid Caution Over Trade Deal and Middle East Tensions
U.S. stock index futures fell on Thursday as investors adopted a cautious stance following the announcement of a framework trade agreement between Washington and Beijing, and amid growing tensions in the Middle East. At 05:30 ET (09:30 GMT), Dow Jones Futures were down by 260 points, or 0.6%, S&P 500 …
Read More »Britain’s Economy Slows Sharply in April Amid Tariff Impact and Tax Break End
Britain’s economy faced a significant slowdown in April, as official data released on Thursday showed a larger-than-expected 0.3% contraction in gross domestic output compared to March, marking the biggest monthly drop since October 2023. This decline followed a 0.2% growth in March and exceeded the 0.1% fall forecasted in a …
Read More »Bitcoin Slips as Trade Deal Progress and Tariff Concerns Weigh on Sentiment
Bitcoin prices slipped on Thursday following comments from U.S. President Donald Trump, who confirmed progress in trade negotiations with China but also warned that new tariffs on major economies would be announced in the coming weeks. The world’s largest cryptocurrency dropped 1.7% to $107,782.20 as of 2:10 ET (06:10 GMT). …
Read More »Gold Prices Surge Amid Iran Tensions and Trade Uncertainty
Gold prices saw a sharp rise in Asian trading on Thursday, as safe-haven demand surged due to escalating concerns over potential military action with Iran and a risk-averse reaction to President Donald Trump’s comments on trade tariffs. Spot gold rose 0.6% to $3,374.94 per ounce, while gold futures for August …
Read More »Dow Jones Faces Selling Pressure 12/6/2025
Oil, Crude, trading
Read More »CAD Continues to Slide Further 12/6/2025
The Canadian dollar continued its decline against the U.S. dollar within the expected bearish trend, reaching the first target of 1.3650 outlined in the previous technical report, with the pair recording a session low of 1.3648. From a technical standpoint, the 4-hour chart confirms the persistence of downside pressure. The …
Read More »GBP hovers around pivotal resistance 12/6/2025
Oil, Crude, trading
Read More »Oil May Undergo Overbought Correction 12/6/2025
U.S. crude oil futures posted sharp gains in the previous session, reaching the official target of $66.85 and extending to a session high of $68.98 per barrel. From a technical standpoint, intraday price action showed signs of bearish pressure, largely attributed to profit-taking after the strong rally. This coincides with …
Read More »Gold Attempts to Regain Its Uptrend 12/6/2025
Gold prices exhibited mixed behavior during recent sessions, initially continuing the expected corrective decline and approaching the first downside target of $3,312, as highlighted in the previous technical report. The metal recorded a low of $3,315 before reversing course, driven by a sharp rebound following the release of U.S. inflation …
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