The S&P 500 lost ground on Thursday, ending the session at 6,012.55 after briefly touching an intraday peak of 6,074. While initial optimism was sparked by softer-than-expected US inflation figures, that enthusiasm proved short-lived as global risk factors and doubts …
Tesla shares suffered a dramatic breakdown on the charts, with the decline reflecting more than just headlines — markets reacted to the potential for a broader shift in federal backing. The stock slid sharply through every major support level, bottoming …
The Australian dollar held firm on Thursday, hovering around $0.6491, supported more by weakness in the US dollar than by domestic economic strength. Although recent data from Australia was underwhelming, the Aussie found footing amid a shift in risk sentiment, …
The S&P 500 hovered just under the 5930 level on Wednesday, trading sideways after bouncing back from a session low of 5855.05. Market participants remained cautious ahead of Nvidia’s eagerly awaited earnings release. A glance at the 15-minute chart reveals …
Crude oil prices saw little movement on Tuesday, with July contracts for West Texas Intermediate (WTI) edging down to $61.97, while Brent futures for July hovered around $65.35. The market remains in a state of indecision, balancing between international diplomatic …
Gold prices slipped to $3,216 per ounce on Friday, pressured by diminished demand for safe-haven assets as global sentiment improved in response to several diplomatic advances. The precious metal is heading for a weekly decline of over 3%, having retreated …
The US dollar saw a sharp decline on Tuesday before stabilising early on Wednesday, as weaker-than-anticipated inflation figures fuelled speculation of interest rates cut by the Federal Reserve later this year. The USDX index closed at 100.716 after falling significantly …
The S&P 500 advanced sharply on Thursday, buoyed by renewed trade optimism following remarks from US President Donald Trump. Posting on his Truth Social platform, Trump hinted at a significant trade deal with a ‘big’ country, widely interpreted as the …
Oil prices climbed on Friday, buoyed by renewed optimism surrounding US-China relations. West Texas Intermediate (WTI) crude advanced by 0.8%, closing at $59.74 per barrel, while Brent crude also moved higher, adding 49 cents to finish at $62.62. Both benchmarks …
Key Points: Gold futures dipped 0.5% to $3,332.40 per ounce. Traders pivot to updates on US trade negotiations with 17 partners (excluding China). A stronger US dollar pressures bullion, curbing its short-term appeal. Long-term outlook remains supported by market instability, ETF inflows, and central bank buying. Gold …
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