Gold Price Analysis Gold successfully retested the 2870 support level and closed above it, initiating an upward move in today’s session, reaching $2918 per ounce. Technical Outlook: Bullish Indicators: Simple moving averages support the continuation of the upward trend. The 14-day momentum indicator signals positive momentum. Bearish Risk: A drop …

EUR/USD Price Analysis The EUR/USD pair maintained an upward trend in the last session, breaking the 1.0400 psychological resistance and reaching a high of 1.0430. Technical Outlook: Bullish Indicators: Moving averages provide a positive incentive for further gains. Trading is stable above 1.0350, acting as a strong support level. Bearish …

Oil prices fell in Asian trading on Thursday as U.S. President Donald Trump signaled potential progress toward a peace treaty between Russia and Ukraine. The possibility of an agreement raised expectations that U.S. sanctions on Russian crude could be lifted, increasing global oil supply. Meanwhile, a higher-than-expected U.S. consumer inflation …

Oil prices fell on Wednesday, ending a three-day winning streak, as data showed a sharp rise in U.S. crude inventories and Federal Reserve Chair Jerome Powell indicated that interest rate cuts would not come quickly this year. As of 12:30 GMT, Brent crude declined by 77 cents, or 1%, to …

U.S. stock index futures dipped slightly on Wednesday as investors awaited a crucial consumer inflation report that could influence the Federal Reserve’s monetary policy outlook. At 05:50 ET (10:50 GMT): Dow Jones Futures fell 75 points (-0.2%) S&P 500 Futures declined 8 points (-0.1%) Nasdaq 100 Futures slipped 9 points …

European stock markets edged higher on Wednesday, as investors awaited the latest U.S. inflation report, which could provide insight into the Federal Reserve’s monetary policy outlook. At 03:05 ET (08:05 GMT): Germany’s DAX rose 0.2% France’s CAC 40 climbed 0.4% UK’s FTSE 100 gained 0.1% U.S. Inflation Report in Focus …

The U.S. dollar retreated slightly on Wednesday as traders awaited key U.S. inflation data and updates on global trade developments. However, hawkish comments from Federal Reserve Chair Jerome Powell supported the greenback against the yen by driving up U.S. Treasury yields. Dollar Strengthens Against Yen but Pulls Back Elsewhere In …

Gold prices pulled back from record highs in Asian trading on Wednesday, pressured by rising Treasury yields after Federal Reserve Chair Jerome Powell indicated no urgency in cutting interest rates. Investors also leaned toward the U.S. dollar ahead of key consumer price index (CPI) inflation data, which could influence the …

Coca-Cola’s fourth-quarter earnings exceeded expectations, as the company’s strategy of encouraging consumers to buy higher-priced beverages fueled an unexpected rise in sales volume. The strong performance sent shares higher in premarket U.S. trading on Tuesday. The beverage giant (NYSE: KO) has introduced slimmer 12-ounce cans in the U.S. to boost …

Federal Reserve Chair Jerome Powell begins two days of hearings on Capitol Hill on Tuesday, addressing an economy at full employment, cooling inflation, and significant uncertainty surrounding the evolving trade and fiscal policies of the Trump administration. Since Powell’s last testimony before Congress, Trump’s election has introduced the prospect of …