Gold steadies just below peakGold prices held close to record highs in Asian trading on Wednesday, as firm expectations of a Federal Reserve interest rate cut next week buoyed demand for the precious metal. At 02:17 ET (06:17 GMT), spot gold rose 0.5% to $3,646.14/oz, after touching an all-time peak …

Markets Await Inflation Data for Rate Cut CluesThe U.S. dollar traded largely steady on Wednesday as investors awaited a string of inflation reports that could determine the size of the Federal Reserve’s expected interest rate cut at its September 16–17 meeting. Following last week’s weak nonfarm payrolls report, markets are …

Gold steady after sharp rallyGold prices extended gains on Tuesday, trading close to all-time highs as expectations of a U.S. Federal Reserve rate cut and renewed safe-haven demand continued to support the market. At 05:05 ET (09:05 GMT), spot gold rose 0.3% to $3,648.40 an ounce, while December gold futures …

Bitcoin Recovers, but Traders Stay CautiousBitcoin traded slightly higher on Tuesday, rebounding from recent losses as markets ramped up bets on imminent U.S. interest rate cuts. The world’s largest cryptocurrency rose 0.8% to $111,812.8 by 00:51 ET (04:51 GMT), briefly pushing past the $112,000 mark. The move followed steep declines …

Markets Hold Ground Amid French Leadership Shake-UpEuropean equities were largely steady on Tuesday, with investor sentiment balancing optimism from a series of major merger deals against fresh political turbulence in France. The pan-European STOXX 600 index edged up 0.1% to 552.69 points by 07:07 GMT, supported by a 1.3% rise …

OPEC+ Supply Increase Below ExpectationsOil prices climbed on Tuesday after OPEC+ announced a much smaller-than-expected production increase, easing fears of a sudden supply glut. By 06:45 GMT, Brent crude futures rose 51 cents (0.77%) to $66.53 per barrel, while U.S. West Texas Intermediate (WTI) gained 50 cents (0.8%) to $62.76 …

The Dow Jones Industrial Average (DJI30) extended its downward move in line with the expected trajectory outlined in the previous report, with a break below 45,450 increasing selling pressure and driving the index to a low of 45,321. Technical Outlook – 4-hour timeframe: The 50-period simple moving average (SMA) has …

The USD/CAD pair is consolidating near the psychological resistance at 1.3800, but has yet to achieve a decisive breakout. Technical Outlook – 4-hour timeframe: The 1.3800 level remains a firm resistance zone on short-term charts, while the Relative Strength Index (RSI) is beginning to issue negative signals, reflecting waning momentum …

The technical outlook for the GBP/USD pair remains unchanged, with price action showing little variation as the pair continues its gradual intraday recovery, attempting to hold above the key psychological support at 1.3500. Technical Outlook – 4-hour timeframe: The Relative Strength Index (RSI) has cleared oversold territory and is beginning …

US crude oil futures (WTI) staged a cautious climb from the pivotal support at 61.60, with stability above this level reinforcing the intraday bullish wave. Technical Outlook – 4-hour timeframe: Holding above 61.60 strengthened the rebound and added positive momentum, as reflected by the Relative Strength Index (RSI), which has …