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 …
Read More »Wall Street Futures Stabilize, But Weekly Losses Loom Amid U.S. Debt Concerns and Tax Bill Uncertainty
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 …
Read More »Bitcoin Holds Near Record High as Stablecoin Optimism and ETF Inflows Sustain Momentum
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. …
Read More »Selling Pressure on the Dow Jones Continues 23/5/2025
Oil, Crude, trading
Read More »CAD Heads Toward Downside Targets 23/5/2025
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 …
Read More »GBP Pushes Higher Versus the Greenback 23/5/2025
Oil, Crude, trading
Read More »Oil May Extend Its Decline 23/5/2025
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 …
Read More »Gold Moves in Line with the Uptrend Line 23/5/2025
The key support level at $3,260, highlighted in the previous report, successfully limited the downside in gold prices during the prior session. Early European trading today has opened with a stable advance above the psychological $3,300 level, reinforcing the bullish structure. From a technical perspective, the uptrend remains intact. The …
Read More »Euro Holds Above Support, Renews Upside Potential 23/5/2025
Despite a limited bearish bias during yesterday’s session, the EUR/USD pair rebounded into positive territory in early trading today, finding support at the 1.1270 level — as highlighted in the previous technical report. On the 4-hour chart (240-minute timeframe), the pair remains above the psychological barrier at 1.1300, supported by …
Read More »Oil Prices Slide as OPEC+ Weighs Output Hike and U.S. Inventories Surprise to the Upside
Oil prices extended losses on Thursday, pressured by rising concerns over a potential increase in global supply and weaker-than-expected demand data from the United States. The latest downturn reflects renewed anxiety that the crude market may face a period of oversupply heading into the summer months. At 04:55 ET (08:55 …
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