President Donald Trump used his address at the World Economic Forum in Davos on Wednesday to declare what he described as a dramatic economic turnaround during his first year back in office. Speaking to global political and business leaders, Trump contrasted current conditions with those under the previous administration, saying …

U.S. stock index futures inched higher on Wednesday, stabilizing after the previous session’s sharp selloff, as investors braced for President Donald Trump’s address at the World Economic Forum in Davos, Switzerland. By 05:15 ET, Dow Jones Futures were up 46 points, or 0.1%, S&P 500 Futures gained 0.2%, and Nasdaq …

Bitcoin fell below key technical levels on Wednesday, as rising geopolitical risks tied to the U.S.-Greenland dispute and mounting concerns over Japan’s fiscal outlook curbed appetite for speculative assets. The world’s largest cryptocurrency slipped 1.2% to $89,801 by 01:10 ET, hovering near its weakest levels of the year. The move …

Oil prices eased on Wednesday as expectations of a rise in U.S. crude inventories outweighed supply disruptions in Kazakhstan and renewed geopolitical tensions linked to U.S. tariff threats over Greenland. Brent futures fell 0.9% to $64.37 a barrel, while U.S. West Texas Intermediate declined 0.7% to $59.92 by mid-morning in …

European stocks traded in a mixed pattern on Wednesday, with investors staying cautious ahead of U.S. President Donald Trump’s highly anticipated address at the World Economic Forum in Davos later in the day. At 08:05 GMT, Germany’s DAX slipped 0.3%, France’s CAC 40 was largely unchanged, while the U.K.’s FTSE …

Gold prices surged to fresh all time highs in Asian trading on Wednesday, edging closer to the $4,900 an ounce mark as escalating tensions between the United States and Europe over Greenland rattled global markets and reignited demand for safe havens. Spot gold jumped 2.3% to $4,872.13 an ounce, after …

Britain’s annual inflation rate climbed more than anticipated in December, reinforcing the case for caution at the Bank of England and raising doubts over whether policymakers will cut interest rates at their February meeting. Consumer prices rose 3.4% year-on-year, exceeding forecasts of 3.3% and edging higher from November’s 3.2%. While …

The Dow Jones Industrial Average gave up its recent gains, with the previous session dominated by selling pressure that pushed the index down to a low near 48,611. Technical Outlook – 4-Hour Chart Price action remains capped below the simple moving averages, significantly reducing the likelihood of a near-term recovery. …

The USD/CAD pair has come under renewed selling pressure after failing to sustain gains above the 1.3920 resistance area. Technical Outlook – 4-Hour Chart Price action has slipped back below the simple moving averages, which are now positioned beneath a strong resistance zone, increasing the probability of further downside. This …

A short-term bullish bias has returned to the GBP/USD pair after it successfully worked off overbought conditions, allowing price action to stabilize and recover. Technical Outlook – 4-Hour Chart Simple moving averages have shifted back into a supportive role, providing positive momentum and reinforcing the potential for further upside during …