Bitcoin dipped in low-volume trading on Monday, with most Asian markets closed for holidays and sentiment subdued by mixed signals around U.S.-China trade relations. Bitcoin fell 1.7% to $94,437.8 by early Asia hours, remaining in the $92K–$97K range it has been stuck in for a week. Key Drivers: Trump’s Trade …
Read More »Gold Rebounds Modestly as Dollar Weakens, But Trade Optimism and Fed Caution Limit Upside
Gold prices edged higher in early Asian trading on Monday, recovering from last week’s losses as the U.S. dollar softened. However, gains were capped by growing optimism around potential U.S.-China trade talks and investor caution ahead of this week’s Federal Reserve policy meeting. Spot Gold rose 0.5% to $3,255.95 per …
Read More »Financial Markets’ Weekly Recap: US Economy, Earnings, Growth, and Jobs in Focus
North American Markets: Seizing Opportunities in VolatilityNorth American financial markets reflect a tale of resilience and divergence. The US economy shows strength in earnings and jobs but faces tariff-driven stagflation risks. In the Eurozone, GDP grew by 0.3% in Q1 2025, supported by increased consumer spending in Germany and France, …
Read More »Fed Rate Cut Hopes Fade as Robust Jobs Data Signals Steady Policy
The US labor market’s surprising strength has slammed the brakes on expectations for Federal Reserve rate cuts, with markets now pricing in just a 3% chance of a 25-basis-point reduction at the May 6-7, 2025, meeting. April’s Nonfarm Payrolls report, showcasing robust job growth and steady wages, has shifted the …
Read More »Gold Stabilizes as Investors Pivot to Dollar and Bonds Amid Economic Shocks
Gold prices are buckling under pressure, sliding to $3,225 per ounce, before stablizing at the $3,240 mark, despite economic red flags that should have sent investors scrambling for safe havens. A surprise GDP contraction and mixed US jobs data failed to ignite a rally, as traders instead poured into the …
Read More »Why Is the Dollar Tanking Despite Friday’s Stellar Jobs Report?
Why Is the Dollar Tanking Despite a Stellar Jobs Report?The US Dollar is reeling, defying logic after a robust April jobs report that showcased stronger-than-expected job growth, steady unemployment, and persistent wage gains. Instead of soaring, the Dollar Index slumped to 99.88, shedding 0.37 points from its prior close. With …
Read More »Dow Rockets Past 41,300 on Stellar Jobs Data, but Tariffs Threaten Gains
A blockbuster US jobs report has propelled the Dow Jones Industrial Average beyond 41,300, crushing recession fears with a 600-point surge. Yet, as the EUR/USD climbs 0.42% to 1.1332 and tech giants falter, tariff uncertainties loom large. With the Federal Reserve under scrutiny, the market’s euphoria could be tested. Here’s …
Read More »EUR/USD Surges to 1.1332: Hot Inflation and US Jobs Data Ignite Volatility
The EUR/USD pair is charging toward 1.1332, gaining 0.42% during Friday’s North American trading session, fueled by a potent mix of sizzling Eurozone inflation and a robust US jobs report. A tumbling US Dollar, spurred by President Donald Trump’s push for lower interest rates, has given the Euro room to …
Read More »US Jobs Defy Tariff Concerns: A Resilient Labor Market Shines
The US labor market stood tall in April, shrugging off the shockwaves from President Donald Trump’s “Liberation Day” tariff announcement. With stronger-than-expected job growth and steady unemployment, the latest data paints a picture of resilience amid trade policy turbulence. As markets rally and investors reassess economic risks, the April jobs …
Read More »Gold Edges Higher as Dollar Softens, but Weekly Loss Looms Amid Trade Optimism
Gold prices rose modestly in Asian trading on Friday, buoyed by a slight pullback in the U.S. dollar ahead of key labor market data, although the metal remained on track for a weekly loss amid signs of easing trade tensions between the U.S. and China. As of 01:53 ET (06:53 …
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