market-News Archives - 0724WRB

2025-08-08 15:01:00 admin

OPEC Output Cuts and Global Trade Tensions Drive Natural Gas & Oil Price Volatility – Market Forecast

Key Points:WTI crude posts a 5% weekly drop, pressured by easing supply fears and persistent global trade frictions.Natural gas consolidates near $3.11 resistance after rebounding from $2.90, with momentum showing early recovery signs.Expectations of higher OPEC output and weaker demand outlook cap potential upside in oil and gas prices.Market OverviewOil and natural gas markets ended the week under pressure as easing supply disruption fears outweighed earlier geopolitical risk premiums. WTI cru

2025-08-08 13:04:00 admin

Tech Stock Sell-Off and Deflation Concerns Keep Hang Seng Index Below Key 25,000 Level – Market Analysis

Key Points:Hang Seng Index slipped 0.56% to 24,941, weighed by weak earnings from Chinese chipmaker SMIC and a broader tech sector retreat.Investor caution rises ahead of China’s July inflation and producer price data, key for assessing deflation risks.Hopes for US-China trade progress and Beijing stimulus may lift the Hang Seng Index toward 25,736 or even 26,000.Hang Seng Index Dips on Earnings WoesIs there an end in sight to China’s deflation troubles? The Hang Seng Index fell in early trading

2025-08-08 13:01:00 admin

DAX Index Forecast: Can Putin-Trump Peace Talks and Fed Rate Cuts Push German Stocks to 24,500?

Key Points:DAX climbed 1.12% on August 7 as hopes of a Trump-Putin peace deal boosted market sentiment and risk appetite.German imports from the US surged 19.8% in June, easing concerns over trade tensions amid new US tariffs.Fed rate cut bets remained high as weak US jobless claims and labor cost data lifted demand for risk assets.DAX Extends Rally on Earnings, War Hopes – Will It Break 24,500?Markets cheered signs of peace, extending the DAX’s winning streak. The DAX rallied 1.12% on Thursday,

2025-08-08 11:27:00 admin

Gold and Silver Prices Set for Bullish Breakout as US Dollar Weakens – Key Levels to Watch

Gold and silver show strong bullish setups above key support levels, while continued weakness in the US Dollar Index could further boost precious metal prices.Gold (XAUUSD) prices are consolidating at the resistance of $3,400 level and are looking to break higher. Despite support for interest rate cuts from key Federal Reserve officials, the metal has been below the key resistance of $3,450. Investors remain cautious as the market awaits further confirmation on policy direction.Fed officials, in

2025-08-08 11:23:00 admin

Fed Rate Decision in Focus as Productivity Jumps, Jobless Claims Rise and Manufacturing Sector Outperforms

Key Points:U.S. jobless claims jumped to 226K, exceeding forecasts and signaling possible labor market softening.Despite 4.0% wage growth, Q2 unit labor costs rose just 1.6% thanks to strong productivity gains.Durable goods productivity soared 3.3%, while unit labor costs in that segment fell—positive for industrials.Jobless Claims and Productivity Trends Set Complex Tone for U.S. MarketsU.S. jobless claims and labor productivity data released Thursday delivered mixed signals for traders, as ris

2025-08-08 11:20:00 admin

EIA Reports Smaller-Than-Expected 7 Bcf Natural Gas Storage Build, Impacting Market Prices

Key Points:Working gas in storage increased by +7 Bcf from the previous week.At current levels, stocks are +173 Bcf above the five-year average for this time of the year. Weather forecasts indicate that demand for natural gas will increase. On August 7, 2025, EIA released its Weekly Natural Gas Storage Report. The report indicated that working gas in storage increased by +7 Bcf from the previous week, compared to analyst forecast of +15 Bcf. In the previous week, working gas in storage increased

2025-08-08 11:16:00 admin

SUI Price Prediction 2024: Key Reasons Behind Today’s Surge & How High Can SUI Go?

Key Points:A Swiss bank became the first financial institution to support SUI trading and custody.Sui has seen its TVL explode by 843% since January 2024.SUI bounces off key support and could rise above $4 if positive momentum accelerates.Sui (SUI) has gone up by 5.2% in the past 24 hours and trading volumes have exploded by 56% while most other cryptos are dormant.The native asset of the Sui Network is trending after a Swiss bank called AMINA became the first institution to offer SUI trading an

2025-08-08 11:13:00 admin

Crude Oil Price Prediction: Key Support Break Signals Further Downside Risk Ahead

Selling pressure intensifies with risk building toward lower price levels.Crude oil remains under sustained selling pressure following Wednesday’s decisive break below the 61.8% Fibonacci retracement level, a key support within the current corrective structure. As of Thursday, crude is trading near the low of the day at $64.16, placing it on track for what may become a nine-week daily closing low – an indication of growing downside momentum. A close near current levels would confirm a clear shor

2025-08-08 11:09:00 admin

XAU/USD Gold Price Prediction: Will the Rally Break Key Resistance Levels Soon?

Gold continues higher toward consolidation resistance, but pattern structure and momentum suggest the advance may pause or reverse before a sustained breakout develops.Gold advanced to an 11-day high of $3,397 on Thursday, continuing a likely course towards potential resistance at the top of a consolidation range. At the time of this writing, gold continues to trade near the highs of the day and therefore has the potential to confirm today’s trend continuation signal with a daily closing price a

2025-08-08 11:06:00 admin

Natural Gas Price Prediction: Key Support Holds as Bullish Reversal Signals Potential Rally Ahead

Confluence of long-term support and three-day reversal signal potential shift in sentiment in support of the bulls.Natural gas continues to show signs of strength following Wednesday’s bullish three-day reversal trigger. The pattern remains intact, and Thursday’s price action reinforces the developing bullish structure. The day’s low of $3.04 marked a successful test of support at a short-term downtrend line that had previously functioned as resistance. That level held firm, supporting the case

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