Oil prices rose modestly on Wednesday after sliding to a one-month low in the previous session, though expectations of a growing supply glut and progress toward a Russia-Ukraine peace deal kept gains limited. Brent crude futures gained 28 cents (0.45%) to $62.76 a barrel by 07:08 GMT, while U.S. West …
Read More »Asian Stocks Rally as Fed Rate-Cut Bets Rise; Tech Leads Rebound Despite Nvidia Jitters
Most Asian equities advanced sharply on Wednesday as markets priced in a higher probability that the U.S. Federal Reserve will cut interest rates in December, with technology shares leading gains after rebounding from recent declines. Regional bourses took a positive lead from Wall Street, where a run of middling U.S. …
Read More »U.S. Retail Sales Miss Expectations in September as Consumers Show Signs of Caution
U.S. retail sales grew less than expected in September, offering a potential signal that American consumers are turning more cautious amid a weakened labor market and the lingering impact of broad import tariffs. The key gauge of consumer spending — which makes up over two-thirds of U.S. economic activity — …
Read More »European stocks steady as weak German data offsets Fed rate-cut hopes
European stock markets were broadly unchanged on Tuesday, as lingering concerns over weak regional growth offset rising expectations of a potential U.S. Federal Reserve rate cut next month. By 03:02 ET (08:02 GMT), Germany’s DAX was up 0.1%, France’s CAC 40 gained 0.2% and the U.K.’s FTSE 100 added 0.1%. …
Read More »Asian Markets Rise on Growing Fed Rate-Cut Expectations as Tech Stocks Lead Gains
Asian equities moved higher on Tuesday as optimism increased that the U.S. Federal Reserve will cut interest rates in December, encouraging investors to rotate back into global technology stocks despite ongoing concerns about stretched valuations. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.75%, recovering part of last week’s …
Read More »Gold Extends Gains in Asia as December Fed Rate-Cut Bets Accelerate
Gold prices climbed in Asian trading on Tuesday, extending strong overnight gains as expectations grew that the U.S. Federal Reserve will cut interest rates in December. A wave of upcoming U.S. economic data also boosted safe-haven demand, helping gold trend higher even as the dollar held firm. Broader metal markets …
Read More »Oil Prices Slip as Oversupply Concerns for 2026 Overshadow Geopolitical Risks
Oil prices retreated on Tuesday as growing expectations of an oversupplied market in 2026 outweighed concerns that Russian shipments may remain restricted due to stalled peace talks over the Ukraine conflict. Brent crude slipped 33 cents (0.5%) to $63.04 per barrel by 07:30 GMT, while West Texas Intermediate (WTI) fell …
Read More »Dow Jones Seeks Clear Signals to Resume Its Upward Path 25/11/2025
The Dow Jones Industrial Average traded with a positive bias on Wall Street, posting a high of 46,655. Technical Outlook – 4-Hour Timeframe The 50-period Simple Moving Average (SMA) continues to support the prevailing daily uptrend, reinforcing the bullish structure. At the same time, the RSI is attempting to generate …
Read More »Canadian Dollar Continues Its Gradual Climb 25/11/2025
A gradual and consistent upward move continues to shape the USD/CAD pair, with intraday trading showing stability near the early-session high of 1.4120. Technical Outlook – 4-Hour Timeframe The simple moving averages remain supportive beneath the price, reinforcing bullish momentum. The RSI is also sending clear positive signals after successfully …
Read More »GBP Holds a Weak Bias, Awaiting Clear Confirmation Signals 25/11/2025
The GBP/USD pair traded with a weak bias during the first session of the week, posting a high of 1.3118 and a low of 1.3081. Technical Outlook – 4-Hour Timeframe The simple moving averages continue to exert downward pressure on the pair, reducing the chances of a meaningful short-term recovery. …
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