Citigroup (NYSE: C) posted a significant 25% year-on-year rise in net income for the second quarter, driven by windfall earnings from volatile markets. The bank’s net income reached $4 billion, or $1.96 per share, for the three months ending June 30. Key Financial Metrics: Revenue increased by 8% to $21.7 …

JPMorgan Chase (NYSE: JPM) reported a decline in second-quarter net revenue and net income but managed to beat analyst expectations, driven by strong performance in markets and investment banking, despite ongoing trade tensions and tariff-driven volatility. Key Financial Metrics: Net revenue fell by 10% to $45.7 billion, surpassing analysts’ expectations …

Gold prices saw an uptick in Asian trade on Tuesday, as ongoing concerns over U.S. President Donald Trump’s trade tariffs and geopolitical tensions contributed to sustained demand for safe-haven assets. Gold and Geopolitical Factors: Spot gold rose by 0.6%, reaching $3,364.26 an ounce. Gold futures for September increased by 0.4%, …

Oil, Crude, trading

The pair continues to benefit from the support of the 50-period Simple Moving Average (SMA), which reinforces short-term bullish momentum. This is further supported by a notable improvement in momentum indicators, with the Relative Strength Index (RSI) generating constructive signals that favor the continuation of the uptrend in the near …

Oil, Crude, trading

U.S. crude oil futures posted strong gains in the previous session, reaching an intraday high of $68.61 per barrel. Technical Outlook – 4-Hour Timeframe: Price action remains supported by an ascending trend line, with the simple moving averages acting as dynamic support—indicating sustained bullish momentum. Notably, a positive divergence between …

Gold began the week with strong upward momentum, reaching its highest level in three weeks at $3,375 per ounce. This move aligns with the bullish scenario outlined in the previous technical report, which identified $3,360 as the initial resistance target. Technical Outlook – 4-Hour Timeframe: Gold has established a solid …

A bearish trend continues to dominate EUR/USD price action, with the pair approaching the psychological resistance level at 1.1700, which has triggered renewed negative intraday movement. Technical Outlook – 4-Hour Timeframe: The pair is currently trading below the initial resistance at 1.1685, with the simple moving averages acting as dynamic …

Oil prices fell on Tuesday after U.S. President Donald Trump’s extended 50-day deadline for Russia to end the war in Ukraine, offering some relief to immediate supply concerns. Brent Crude and WTI Retreat: Brent crude futures dropped 29 cents, or 0.4%, to $68.92 a barrel. U.S. West Texas Intermediate (WTI) …