European stocks saw positive movement on Wednesday as investors remained optimistic following a strong earnings season and a continued deluge of corporate results. As of 03:05 ET (07:05 GMT), Germany’s DAX index climbed 0.5%, France’s CAC 40 gained 0.1%, and the U.K.’s FTSE 100 rose 0.3%. European earnings results have …
Read More »European Stocks Rise Amid Positive Earnings Season and Corporate Results
European stocks saw positive movement on Wednesday as investors remained optimistic following a strong earnings season and a continued deluge of corporate results. As of 03:05 ET (07:05 GMT), Germany’s DAX index climbed 0.5%, France’s CAC 40 gained 0.1%, and the U.K.’s FTSE 100 rose 0.3%. European earnings results have …
Read More »Oil Prices Rebound Amid Supply Concerns and Trump’s Tariff Threats on India
Oil prices saw a modest recovery on Wednesday, bouncing back from a five-week low reached the previous day. The rebound was driven by rising concerns over potential supply disruptions, following U.S. President Donald Trump’s threats of tariffs on India over its continued crude purchases from Russia. As of 0645 GMT, …
Read More »Dow Jones Cautiously Attempts to Regain Bullish Momentum 6/8/2025
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Read More »Technical Pressures Constrain USD/CAD Within a Tight Range 6/8/2025
The USD/CAD pair is currently trading within a narrow range, consolidating between the psychological resistance at 1.3800 and the support level at 1.3760. Technical Outlook: Technical indicators are showing mixed signals. The Relative Strength Index (RSI) is gradually losing upward momentum, reflecting weakening bullish pressure. At the same time, the …
Read More »Technical Rebound Lifts the Pound Higher 6/8/2025
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Read More »Oil Faces Selling Pressure 6/8/2025
U.S. crude oil futures extended their decline for the fourth consecutive session, reaching a two-week low near the $65.00 per barrel mark. Technical Outlook: Intraday price action shows a modest rebound attempt as oil tries to recover from oversold conditions. However, the 50-period Simple Moving Average (SMA) continues to act …
Read More »Is There More Upside for Gold? Technical Indicators in Focus 6/8/2025
Gold prices have continued their upward trajectory, in full alignment with the bullish expectations outlined in our previous report. The metal successfully reached the projected target at $3,390, recording a session high at that level. Technical Outlook: Following the test of the $3,390 resistance zone, prices experienced a mild intraday …
Read More »Euro Regains Momentum Against the Dollar — Will the Rally Continue? 6/8/2025
The euro is attempting to renew its bullish momentum against the U.S. dollar in early trading, after successfully holding above the key support level at 1.1525. Technical Outlook: The pair is currently trading near the session high of 1.1585. The chart indicates early signs of easing downside pressure from the …
Read More »Trump Discusses Federal Reserve Chair, Tariff Plans, and Trade Deals
In a recent interview with CNBC, President Donald Trump made several key announcements regarding U.S. economic policy, including his thoughts on the Federal Reserve chairmanship, new tariffs, and ongoing international trade negotiations. Fed Chair AppointmentTrump confirmed that Scott Bessent has declined consideration for the role of Federal Reserve Chair, sparking …
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