Crude Oil prices have faced downward pressure due to a combination of factors, including increased supply and weakening global demand. Despite a brief rebound, the overall market sentiment remains bearish.Key Factors Impacting Oil Prices:OPEC’s Supply Outlook: The Organization of the Petroleum Exporting Countries (OPEC) has revised its global oil demand …

The Dow Jones Industrial Average (DJIA) took a breather on Tuesday, retreating slightly from its recent post-election rally. Despite the minor pullback, the index remains firmly above the 44,000 level, indicating a strong bullish sentiment among investors.The Dow Jones Industrial Average’s recent pause reflects a natural market correction after a …

Federal Reserve Bank of Minneapolis President Neel Kashkari noted on Tuesday that while the Fed has many reasons to feel confident about its long-running battle with transitory inflation, it still may be too soon to declare outright victory. Key US Consumer Price Index (CPI) figures expected in the midweek are …

Bitcoin’s relentless ascent has recently captured the world’s attention, with many analysts predicting further price increases. However, a significant hurdle may lie ahead: the $90,000 to $100,000 price range. Market makers, the financial institutions that facilitate trading by providing liquidity, could play a crucial role in capping Bitcoin’s upward momentum …

The price of WTI drops to about $68.00 in the early Asian session on Tuesday. The USD-denominated oil is impacted by the strengthening USD. Investors were let down by China’s stimulus plan, which caused the WTI price to decline. The benchmark for US crude oil, West Texas Intermediate (WTI), is …

As investors braced for the release of US data and a slew of Fed speakers later this week, the greenback surged to new highs on the strength of the “Trump trade.”Due to investors’ reevaluation of possible Trump policies and the effect on the Fed’s easing cycle, the US Dollar Index …

Gold prices have experienced a significant decline, plummeting over 2.5% on Monday as the US Dollar surged to a four-month high. This downward trend is primarily driven by growing concerns over potential trade tensions under a second Trump presidency. The US Dollar Index (DXY) has climbed to 105.57, boosted by …

The Japanese Yen (JPY) continues its downward trajectory against the US Dollar (USD) as uncertainty surrounding the Bank of Japan’s (BoJ) monetary policy persists. Recent developments in Japan’s political landscape and mixed signals from the central bank have raised doubts about the likelihood of future interest rate hikes.BoJ’s Cautious StanceThe …

The EUR/GBP pair extended its downward trajectory on Monday, dipping 0.27% to approach its lowest level since March 2022, around 0.8270. This decline marks a continuation of a five-day losing streak, indicating a strong bearish trend.OutlookGiven the prevailing bearish trend, the EUR/GBP pair is expected to remain under downward pressure. …

Under Trump’s presidency, as the Chinese economy is more dependent on exports, making tariffs more potent. However, it is less reliant on American markets and increasingly bent on self-sufficiency. Chinese leaders are directing investment into robotics and aviation to accelerate industrial advances. The balance of power has shifted in favour …