Oil prices inched higher in Asian trading on Monday after U.S. President Donald Trump extended the deadline for his proposed 50% tariffs on the European Union, offering some relief to global markets amid ongoing trade tensions. However, concerns about oversupply—driven by the prospect of OPEC+ raising production—kept gains in check. …

Gold prices slipped modestly in Asian trading on Monday, pulling back from last week’s gains after U.S. President Donald Trump over the weekend backed off from his threat to immediately impose 50% tariffs on the European Union. Spot gold dipped 0.2% to $3,349.45 an ounce, while gold futures for June …

The U.S. dollar extended losses on Friday, putting it on track for its worst weekly performance since early February, as concerns over Washington’s mounting fiscal risks deepened following the House’s approval of President Donald Trump’s sweeping tax and spending bill. At 05:00 ET (09:00 GMT), the Dollar Index — which …

Germany’s economy grew more than initially estimated in the first quarter of 2025, buoyed by a sharp rise in exports and industrial activity as firms rushed to ship goods ahead of looming U.S. tariffs, according to revised data released Friday by the federal statistics office. Gross domestic product (GDP) expanded …

U.S. stock index futures held steady in early trading Friday, following a volatile week dominated by fiscal concerns and political wrangling in Washington. At 05:55 ET (09:55 GMT), Dow Jones Futures edged down 10 points (-0.1%), while S&P 500 Futures inched up 3 points (+0.1%), and Nasdaq 100 Futures gained …

Bitcoin hovered just below its all-time high on Friday, easing slightly amid profit-taking and large-scale wallet movements, but continued to enjoy strong support from bullish U.S. regulatory developments and persistent demand from institutional investors. As of 02:05 ET (06:05 GMT), Bitcoin traded at $110,827.50, down 0.6% from the previous session. …

Oil, Crude, trading

As anticipated, the downtrend continues to dominate USD/CAD, following the pair’s failure to maintain stability above the psychological resistance at 1.3900. This rejection has led to renewed selling pressure and a shift to negative intraday momentum. From a technical perspective, the 4-hour chart reveals that 1.3900 remains a key resistance …

Oil, Crude, trading

U.S. crude oil futures posted significant losses in line with the previously outlined bearish scenario, reaching the first official downside target at $60.45 and recording a session low of $60.27 per barrel. From a technical standpoint, oil prices are currently trading below the 50-day simple moving average, which is acting …