Bitcoin fell sharply in Asian trading on Monday, giving back a portion of last week’s gains after U.S. President Donald Trump’s tariff threats against major European nations over Greenland rattled global risk sentiment. The world’s largest cryptocurrency dropped 2.8% to $92,519 by 00:56 ET (05:56 GMT). While Bitcoin gained roughly …
Read More »Gold Soars to Record High Near $4,700 as Trump Tariff Threats Ignite Safe-Haven Rush
Gold prices surged to unprecedented levels in Asian trading on Monday, climbing toward the $4,700 an ounce mark as investors rushed into safe-haven assets after U.S. President Donald Trump threatened fresh tariffs on several European nations over his push to acquire Greenland. Spot gold jumped 1.6% to $4,667.33 an ounce …
Read More »Oil Holds Steady as Iran Fears Fade and Trump’s Europe Tariff Threats Take Center Stage
Oil prices were largely unchanged in Asian trading on Monday after a volatile week dominated by geopolitical headlines, as markets shifted their focus from Iran supply risks to fresh trade tensions sparked by U.S. President Donald Trump’s stance on Greenland. By 21:10 ET (02:10 GMT), Brent crude futures for March …
Read More »Dollar Set for Third Weekly Gain as Strong U.S. Data Pushes Back Rate Cut Expectations
The U.S. dollar edged slightly lower on Friday, but remained on track for another weekly gain as stronger-than-expected American economic data reduced expectations of an early interest rate cut by the Federal Reserve. By 04:05 ET (09:05 GMT), the Dollar Index, which measures the greenback against a basket of six …
Read More »Bitcoin Slips After U.S. Lawmakers Delay Crypto Regulation Bill
Bitcoin edged lower in Asian trading on Friday, trimming part of this week’s rebound after U.S. lawmakers postponed debate on a closely watched bill aimed at establishing a regulatory framework for digital assets. The world’s largest cryptocurrency fell 0.5% to $95,808.5 by 01:06 ET (06:06 GMT). Bitcoin had climbed as …
Read More »Oil Prices Edge Higher as Supply Risks Linger Despite Easing Iran Tensions
Oil prices inched higher on Friday, supported by lingering supply concerns, even as the immediate threat of a U.S. military strike against Iran appeared to recede. Brent crude rose 50 cents, or 0.8%, to $64.26 a barrel by 10:00 GMT, putting it on track for a fourth consecutive weekly gain. …
Read More »Gold Holds Near Record Levels as Strong U.S. Jobs Data and Calmer Iran Outlook Cool Momentum
Gold prices were largely steady on Friday, hovering just below the record highs reached earlier in the week, as stronger-than-expected U.S. labour data reduced expectations for near-term Federal Reserve rate cuts, while easing geopolitical tensions around Iran curbed safe-haven demand. Spot gold slipped 0.1% to $4,608.55 an ounce by 02:11 …
Read More »European Markets Slip as Greenland Standoff and Geopolitical Risks Weigh on Sentiment
European equities closed the week on a softer footing on Friday, with investors remaining cautious amid mounting geopolitical uncertainty, particularly surrounding the future of Greenland and the stability of transatlantic alliances. By mid-morning in Europe, Germany’s DAX dipped 0.1%, France’s CAC 40 fell 0.2%, and the U.K.’s FTSE 100 eased …
Read More »Dow Jones Sees a Bullish Technical Rebound 16/1/2026
The Dow Jones Industrial Average found firm support near the 49,290 level, prompting a technical rebound and stabilizing price action. Technical Outlook – 4-Hour Chart Price holding above the 50-period Simple Moving Average continues to favor the bullish structure. In addition, the Relative Strength Index (RSI) has returned to positive …
Read More »CAD Seeks Additional Momentum 16/1/2026
The USD/CAD pair continues to move within a gradual upward trajectory, in line with the bullish scenario outlined in our previous report. The pair is now approaching the 1.3940 target, currently trading near 1.3920. Technical Outlook – 4-Hour Chart The corrective uptrend remains firmly in control, supported by price action …
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