Gold prices retreated slightly in Asian trading on Friday but were still headed for their fifth consecutive weekly advance, buoyed by sustained safe-haven demand amid concerns over U.S. President Donald Trump’s extensive tariff measures. Spot Gold slipped 0.4% to $3,101.35 per ounce by 02:10 ET (06:10 GMT). Earlier this week, …
Read More »Bitcoin Edges Lower as Trump Tariffs Stoke Recession Fears; Markets Await U.S. Payroll Data
Bitcoin prices slipped slightly on Friday amid a broad risk-off move across global markets after U.S. President Donald Trump’s sweeping tariff announcement intensified fears of a global economic slowdown, dampening appetite for speculative assets. The world’s largest cryptocurrency was down 0.3% at $83,121.50 by 01:50 ET (05:50 GMT). Trump’s Comprehensive …
Read More »Oil Prices Expected to Retreat Amid Output Hike
Oil prices dropped sharply on Thursday, extending steep declines as the OPEC+ alliance decided to accelerate the reversal of previous production cuts in May. This announcement amplified losses already triggered by sweeping new tariffs announced by U.S. President Donald Trump on Wednesday. By 1305 GMT, Brent crude futures had slumped …
Read More »Germany, France Urge Stronger EU Response to Trump’s Tariffs: Bloomberg
Germany and France are advocating for a robust European Union response following U.S. President Donald Trump’s latest tariff measures, pushing the bloc to adopt a more assertive stance in countering Washington’s escalating trade actions, according to a Bloomberg report published Thursday. A day after President Trump unveiled his controversial “Liberation …
Read More »Bitcoin Slides Amid Global Market Turmoil as New U.S. Tariffs Shake Investor Confidence
Bitcoin prices retreated on Thursday, as heightened global trade tensions stemming from newly announced U.S. tariffs dampened investor appetite for riskier assets, including cryptocurrencies. The leading cryptocurrency declined 0.8%, trading near $83,421.50 early Thursday, as markets digested the implications of significant tariff escalations initiated by the U.S. administration. The introduction …
Read More »European Markets Rattled as U.S. Tariff Announcement Sparks Global Economic Concerns
European equities tumbled sharply on Thursday, as investors grappled with mounting fears over escalating global trade tensions following new U.S. tariff measures on imports, deepening anxieties about worldwide economic stability. Early trading saw steep declines across Europe’s key indices: Germany’s leading index sank by 2.3%, France’s benchmark lost 2.2%, and …
Read More »Dow Jones is waiting for a wide price range 3/4/2025
Oil, Crude, trading
Read More »CAD threatens to break support 3/4/2025
The Canadian dollar has pulled back after a streak of gains, encountering strong resistance at 1.4360. This level prompted a reversal, with the pair declining to a session low near 1.4215. From a technical standpoint, the 4-hour chart highlights notable resistance just below the 50-period simple moving average, alongside clear …
Read More »GBP confirms the breakout 3/4/2025
Oil, Crude, trading
Read More »Oil below the moving average 3/4/2025
U.S. crude oil futures are experiencing volatility, reversing recent gains and opening the session with a bearish gap. At the time of writing, prices have dipped to a session low of $69.29 per barrel. From a technical perspective, the price has settled below the 50-day simple moving average at $70.90, …
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