European stock markets rose slightly on Friday, supported by the European Central Bank’s (ECB) interest rate cut, while investors assessed corporate earnings and inflation data across the region. Germany’s DAX gained 0.1%. France’s CAC 40 rose 0.2%. UK’s FTSE 100 climbed 0.2%. Key Market Drivers 1. ECB Rate Cut Fuels …
Read More »Gold Holds Near Record High Amid Trade Tariff Uncertainty
Gold prices remained steady on Friday, hovering near record highs as safe-haven demand surged due to uncertainty surrounding U.S. tariffs and cautious sentiment ahead of key U.S. inflation data. Spot gold was unchanged after touching a record peak of $2,799.60 per ounce. Gold Futures (February) rose 0.1% to $2,793.74 per …
Read More »Bitcoin Slips as Trump’s Tariff Threats Weigh on Risk Appetite
Bitcoin edged lower on Friday, facing a muted weekly performance as investor sentiment remained cautious over U.S. trade tariffs under President Donald Trump. The market also awaited key PCE inflation data, which could shape expectations for Federal Reserve interest rate policy. Bitcoin (BTC) fell 1.1% to $104,379.6 by 00:33 ET …
Read More »Oil Prices Rise Amid Dip Buying but Face Weekly Losses on Tariff Concerns
Oil prices edged higher in Asian trade on Friday, benefiting from dip buying, but remained on track for their second consecutive week of losses. Investors remained cautious over trade tariffs under U.S. President Donald Trump, which could disrupt global demand, particularly in China. Brent crude (March contract): +0.4% at $77.21 …
Read More »Oil Prices Edge Lower Amid U.S. Tariff Concerns and OPEC+ Meeting Awaited
Oil prices remained relatively stable on Thursday, as investors braced for potential U.S. tariffs on Mexico and Canada, the largest suppliers of crude oil to the United States, and awaited the OPEC+ meeting scheduled for February 3. Brent crude futures: -$0.07 (-0.09%) at $76.51 per barrel U.S. crude futures: +$0.02 …
Read More »European Stocks Gain as Investors Await ECB Decision and Growth Data
European stock markets advanced on Thursday, as investors evaluated a wave of corporate earnings while anticipating the European Central Bank’s (ECB) policy decision and eurozone growth data. DAX (Germany): +0.2% CAC 40 (France): +0.3% FTSE 100 (UK): +0.1% Key Market Drivers 1. ECB Policy Decision in Focus European equities received …
Read More »Dollar Dips as Markets Shift Focus to ECB After Fed Meeting
The U.S. dollar edged lower on Thursday, giving up part of its previous gains following the Federal Reserve’s slightly hawkish stance, as investors turned their attention to the European Central Bank (ECB) meeting. Dollar Index (DXY) fell 0.1% to 107.710 at 04:10 ET (09:10 GMT), tracking the greenback against a …
Read More »Oil Prices Steady as Markets Brace for Tariffs, Await OPEC+ Meeting
Oil prices remained little changed on Thursday, as markets assessed the impact of U.S. tariffs on Canada and Mexico, while awaiting the upcoming OPEC+ ministerial meeting. Brent crude futures fell 7 cents (-0.09%) to $76.51 per barrel. U.S. crude futures inched up 2 cents (+0.03%) to $72.64 per barrel by …
Read More »Gold Prices Steady as Markets Weigh Fed’s Hawkish Stance, Trade War Risks
Gold prices held steady in Asian trading on Thursday, as investors evaluated the Federal Reserve’s firm stance on interest rates alongside rising uncertainty over U.S. tariffs. Spot gold (XAU/USD) edged 0.1% higher to $2,765.64 per ounce. Gold futures (February contract) climbed 0.3% to $2,803.39 per ounce by 01:45 ET (06:45 …
Read More »Dow Jones may continue its gradual rise 30/1/2025
Oil, Crude, trading
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