Oil prices remained relatively stable on Thursday, as investors braced for potential U.S. tariffs on Mexico and Canada, the largest suppliers of crude oil to the United States, and awaited the OPEC+ meeting scheduled for February 3. Brent crude futures: -$0.07 (-0.09%) at $76.51 per barrel U.S. crude futures: +$0.02 …
Read More »European Stocks Gain as Investors Await ECB Decision and Growth Data
European stock markets advanced on Thursday, as investors evaluated a wave of corporate earnings while anticipating the European Central Bank’s (ECB) policy decision and eurozone growth data. DAX (Germany): +0.2% CAC 40 (France): +0.3% FTSE 100 (UK): +0.1% Key Market Drivers 1. ECB Policy Decision in Focus European equities received …
Read More »Dollar Dips as Markets Shift Focus to ECB After Fed Meeting
The U.S. dollar edged lower on Thursday, giving up part of its previous gains following the Federal Reserve’s slightly hawkish stance, as investors turned their attention to the European Central Bank (ECB) meeting. Dollar Index (DXY) fell 0.1% to 107.710 at 04:10 ET (09:10 GMT), tracking the greenback against a …
Read More »Oil Prices Steady as Markets Brace for Tariffs, Await OPEC+ Meeting
Oil prices remained little changed on Thursday, as markets assessed the impact of U.S. tariffs on Canada and Mexico, while awaiting the upcoming OPEC+ ministerial meeting. Brent crude futures fell 7 cents (-0.09%) to $76.51 per barrel. U.S. crude futures inched up 2 cents (+0.03%) to $72.64 per barrel by …
Read More »Gold Prices Steady as Markets Weigh Fed’s Hawkish Stance, Trade War Risks
Gold prices held steady in Asian trading on Thursday, as investors evaluated the Federal Reserve’s firm stance on interest rates alongside rising uncertainty over U.S. tariffs. Spot gold (XAU/USD) edged 0.1% higher to $2,765.64 per ounce. Gold futures (February contract) climbed 0.3% to $2,803.39 per ounce by 01:45 ET (06:45 …
Read More »Dow Jones may continue its gradual rise 30/1/2025
Oil, Crude, trading
Read More »USD/JPY faces negative pressure 30/1/2025
japanese-yen
Read More »GBP holds above support 30/1/2025
Oil, Crude, trading
Read More »Oil touches official target 30/1/2025
A bearish trend dominated US crude oil futures, aligning with the previous technical outlook, as the price successfully touched the $72.30 target. Technical Outlook: Simple moving averages continue to pressure prices downward. The price remains below the previously broken support at $73.90, now acting as a resistance level. Key Levels …
Read More »Gold is based on support 30/1/2025
Gold managed to establish strong support above $2740, rebounding higher in the previous session and reaching $2766 per ounce. Technical Outlook: The price remains above the 50-day simple moving average, reinforcing bullish momentum. The Stochastic indicator shows positive signals, suggesting further upside potential. Key Levels to Watch: Above $2770: A …
Read More »