The US Dollar Index, tracking the currency against six major peers, rose 0.13% to 99.07 from 98.94, hitting a daily high of 99.39 after dipping to 98.86. US stocks also climbed, with the Dow Jones Industrial Average up 0.3% at 42,861, the S&P 500 gaining 0.4% to 6,027, and the …
Read More »Gold Prices Struggle To Hold Steady Amid US-China Talks, CPI Anticipation
Gold prices, down 0.08% at $3,322.945 after reaching a daily high of $3,347.68, hold steady above the $3,300 support level as markets balance improving US-China trade relations with rising geopolitical tensions. The cautious trading reflects anticipation for the upcoming US Consumer Price Index (CPI) data, which could shape the Federal …
Read More »China’s Economic Rebound Faces Trade War Turbulence: Early Recovery Signals
China’s economy showed resilience in the first quarter of 2025, with growth reaching 4.7%, driven by targeted stimulus and improving domestic demand. Housing and private consumption gained traction, bolstered by policy support from People’s Bank of China Governor Pan Gongsheng, who maintained accommodative monetary settings. Industrial output and tech sector …
Read More »Bitcoin Surges on U.S.-China Trade Talk Progress, Altcoins Follow Suit
Bitcoin experienced a sharp rise on Tuesday as investors reacted positively to the progress in ongoing U.S.-China trade talks, while also awaiting a key U.S. inflation report later this week. As of 01:39 ET (05:39 GMT), Bitcoin surged 3.8% to $109,404.20, continuing its recovery from a recent range-bound phase. The …
Read More »Oil Prices See Modest Gains Ahead of U.S.-China Trade Talks and Ongoing Geopolitical Tensions
Oil prices inched higher on Tuesday as investors cautiously awaited the outcome of ongoing U.S.-China trade talks in London, with market sentiment remaining sensitive to global trade dynamics. As of 04:50 ET (09:50 GMT), Brent Oil Futures rose 0.2% to $67.19 per barrel, while West Texas Intermediate (WTI) crude futures …
Read More »European Equities Remain Range-Bound as Investors Await Progress in U.S.-China Trade Talks
European equity indices traded in tight ranges on Tuesday, with investors closely watching ongoing trade talks between China and the U.S. for signs of a thaw in their often strained relationship. As of 03:05 ET (07:05 GMT), Germany’s DAX index slipped 0.2%, while France’s CAC 40 gained 0.1%, and the …
Read More »Gold Prices Fall as Risk Appetite Grows Ahead of U.S.-China Trade Talks and Inflation Data
Gold prices saw a decline on Tuesday in Asian trade, pressured by improving risk appetite and reduced haven demand, as investors anticipated a positive outcome from the ongoing high-level U.S.-China trade talks. The yellow metal had experienced significant gains in recent weeks, driven by heightened uncertainty over the U.S. economy …
Read More »Crude Oil Rises on Trade Talks Hopes, Summer Demand Bets
West Texas Intermediate (WTI) crude oil prices surged past $64.00 per barrel on June 9, 2025, hitting a seven-week high as energy markets pin hopes on US-China trade resolutions and summer travel demand. With OPEC’s production hikes looming, the balance between supply and demand remains delicate. As trade talks unfold …
Read More »EUR/USD Jumps Past 1.14 on Trade Talks Hopes, ECB’s Hawkish Rhetoric
The EUR/USD pair surged beyond 1.1424; climbing over 0.27% as buoyant market sentiment and a firm European Central Bank stance lifted the Euro. US-China trade talks, a softening US Dollar, and ECB signals of limited rate cuts are reshaping currency markets. Amid mixed US economic data, the Euro’s strength hints …
Read More »Gold Surges as Dollar Weakens and Trade Talks Shift
Gold prices are climbing, reaching $3,333.95 per ounce, up +0.73% during the North American trading session on Monday, June 9 despite optimism in US-China trade talks. A weakening US Dollar, falling Treasury yields, and persistent geopolitical tensions are fueling gold’s safe-haven appeal. As markets brace for key US economic data …
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