The market is steady/doing better through the CPI shock

The CPI showed a higher than expected rise of 0.4% for core inflation versus 0.3% expected. The headline number was up 0.6% as expected. The YoY for core was higher-than-expected…

Russia’s Urals crude premiums fall in India as refiners reduce purchases

Russia’s Urals crude premiums fall in India as refiners reduce purchases Source link

Bitcoin Smoothly Reacts Higher from Blue Box Zone

In this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of Botcoin ticker symbol: BTCUSD. In which, the rally from the 29 April…

Gold prices drop as traders eye U.S.-Iran deadlock, await upcoming inflation data

Gold prices drop as traders eye U.S.-Iran deadlock, await upcoming inflation data Source link

EUR/USD on Edge: Middle East and China in Focus

EUR/USD dipped slightly on Tuesday, retreating to 1.1762. The US dollar has returned to favour as a defensive asset after US President Donald Trump questioned the sustainability of the truce…

British Pound: Political uncertainty weighs – Commerzbank

Michael Pfister at Commerzbank discusses rising pressure on United Kingdom (UK) Prime Minister Keir Starmer and the implications for the Pound. Markets increasingly expect his resignation, with attention turning to…

The latest Trump pump: US to loan 53.3 million barrels from Strategic Petroleum Reserve

The Trump administration will loan 53.3 million barrels from the US Strategic Petroleum Reserve to nine companies, part of a broader IEA-coordinated release of around 400 million barrels to cool…

Chart Alert: Nikkei 225 Bullish Run Is Facing Minor Exhaustion Below 64,145

Key Takeaways Nikkei 225 continued its strong rally to a fresh record high of 63,788, driven largely by technology-related heavyweights such as SoftBank Group and Murata Manufacturing. Despite the broader…

Silver Price Forecasts: XAG/USD retreats below $85.00 as market sentiment sours

Silver (XAG/USD) accelerates its reversal in the early European session on Tuesday, trading at $84.80 at the time of writing, after rejection at two-month highs right above $87.00 earlier in…

Trump and China’s Xi set for talks spanning Iran, nuclear, trade and AI

Trump and China’s Xi set for talks spanning Iran, nuclear, trade and AI Source link