Key Highlights Gold Prices Hold Steady: Spot Gold: Unchanged at $2,633.40 per ounce. Gold Futures (Feb): Slight dip of 0.2% to $2,649.91 per ounce by 05:20 GMT. Weekly Performance: Set to gain 0.3%, recovering from a 1% decline last week. Muted Trading Activity: Year-end holidays reduced trading volumes as institutional …

Key Highlights from Friday’s Trading Flat Performance in Oil Prices: Brent Oil Futures held steady at $73.22 per barrel. WTI Crude Oil Futures remained largely unchanged at $69.19 per barrel during the Asian session. Thin Trading Volumes: The holiday-shortened week saw reduced trading activity as many institutional investors took time …

Key Updates on GDP and Growth Revised GDP Figures: China’s 2023 GDP was revised upwards by 2.7% to 129.4 trillion yuan ($17.73 trillion), reflecting updated data from the fifth national economic census. Growth Target for 2023: Policy measures implemented late in the year helped set the economy on track to …

Market Performance Bitcoin (BTC): Down 0.1% to $98,124.6 as of 01:35 ET (06:35 GMT), trading in a tight range after two consecutive sessions of gains. Other major cryptocurrencies also retreated, reflecting subdued investor sentiment following the Federal Reserve’s recent hawkish shift. Key Factors Impacting Bitcoin and Cryptocurrencies Macroeconomic Pressures: Bitcoin’s …

Market Performance Oil prices increased slightly in thin holiday trading on Thursday, buoyed by optimism surrounding China’s fiscal stimulus and an anticipated drop in U.S. crude oil inventories. Brent Crude Futures: Rose 13 cents, or 0.2%, to $73.71 per barrel by 0650 GMT. West Texas Intermediate (WTI) Crude: Gained 11 …

Highlights Gold Prices Rise Slightly Spot Gold: Up 0.4% to $2,627.55 per ounce. Gold Futures (February): Increased 0.1% to $2,643.86 per ounce as of early Thursday. A slightly weaker US dollar supported gold prices in thin post-holiday trading, though gains were capped by caution stemming from the Federal Reserve’s hawkish …

The US dollar extended its recent rally on Tuesday, buoyed by the Federal Reserve’s hawkish stance, even as holiday-thinned trading conditions kept market activity subdued. Key Highlights Dollar Index Near Two-Year High The Dollar Index, which measures the greenback against six major currencies, rose 0.1% to 107.905, staying near a …

European stock markets edged slightly higher on Tuesday as trading volumes remained muted due to the holiday season. FTSE 100: Up 0.3% CAC 40: Increased 0.4% DAX: Closed for the day Most European markets will close early on Tuesday and remain shut on Wednesday for the Christmas holiday. Key Market …

Oil prices climbed on Tuesday, reversing losses from the previous session, as analysts pointed to a more optimistic short-term outlook despite thin trading activity ahead of the Christmas holiday. Brent Crude: Up 0.6% to $73.05 a barrel. WTI Crude: Gained 0.6% to reach $69.62 a barrel as of 0742 GMT. …

Bitcoin continued its downward trajectory on Tuesday, marking its fourth consecutive daily decline as the rally triggered by Donald Trump’s presidential election victory faded in the face of a more hawkish Federal Reserve. Bitcoin Price: Fell 2% to $94,159.4 as of 00:22 ET (05:22 GMT), dipping below the critical $93,000 …