market-News Archives - Page 21 of 22 - 0724WRB

2025-06-03 17:26:00 admin

WTI Crude Oil Price Nears $63 as Natural Gas Struggles at $3.75 – Key Market Volatility Signals for Traders

Key Points:WTI crude nears $63 per barrel, driven by geopolitical tensions and OPEC+ output strategy.Natural gas futures stall below $3.75 resistance as technical patterns point to downside risk.A weaker US dollar boosts demand for dollar-denominated commodities like oil and natural gas.Market OverviewWTI crude oil futures rose to $63.00 per barrel, extending a two-day rally fueled by geopolitical tensions that continue to rattle energy markets. The protracted conflict and recent escalations hav

2025-06-03 17:22:00 admin

Gold (XAUUSD) and Silver Price Prediction: Key Levels at $3,365 and $34.79 to Watch for Next Big Move in Precious Metals Market

Key Points:Gold consolidates near $3,360, watching key $3,365 breakout level, with traders awaiting US jobs data and Fed signals.Silver holds above $34.41 support; a breakout above $34.79 could push prices toward $35.50 as market volatility builds.Fed rate cut expectations and US labor data may shift momentum, influencing gold and silver’s near-term price moves.Market OverviewGold prices edged lower during the Asian session on Tuesday, with spot gold (XAU/USD) dipping to $3,360 per ounce, down f

2025-06-03 17:17:00 admin

US Dollar Strengthens After JOLTS Job Data: GBP/USD and EUR/USD Price Analysis & Trading Outlook

Key Points:The U.S. Dollar Index rebounds to 98.90 but faces resistance at 98.93 amid a weakening ISM Manufacturing PMI.GBP/USD consolidates near $1.3523; traders await a breakout above $1.3531 or pullback to $1.3501 support zone.EUR/USD holds above $1.1419; higher lows suggest bullish continuation if price breaks $1.1454 resistance level.Market OverviewDuring the Asian trading session on Tuesday, the US Dollar Index (DXY) rebounded from a six-week low of 98.58 to near 98.90. This recovery prece

2025-06-03 17:08:00 admin

U.S. Natural Gas Storage Surges by 101 Bcf – Beats Market Forecasts and Impacts Energy Prices

Key Points:Working gas in storage increased by +101 Bcf from the previous week. At current levels, stocks are +93 Bcf above the five-year average for this time of the year. Weather forecasts stay bearish. On May 29, 2025, EIA released its Weekly Natural Gas Storage Report. The report indicated that working gas in storage increased by +101 Bcf from the previous week, compared to analyst forecast of +99 Bcf. In the previous week, working gas in storage increased by +120 Bcf.More information in our

2025-06-03 17:01:00 admin

April PCE Falls to 2.1%, Boosting Odds Fed Will Hold Rates Steady in Near Term | FXEmpire

Key Points:April PCE inflation cooled to 2.1%, below forecasts, boosting expectations that the Fed will hold interest rates steady.Core PCE rose 2.5% YoY as expected, but 0.1% MoM gains in both headline and core signal easing inflation pressures.Treasury markets turned bullish as disinflation signs and stable Fed policy bets encouraged bond buying activity.PCE Inflation Cools to 2.1%, Below Forecast—Signals Fed May Hold Rates SteadyTraders reacted swiftly Friday as April’s Personal Consumption E

2025-06-03 16:57:00 admin

Michigan Consumer Sentiment Holds Steady at 52.2 as SP500 Surges Past 5900 – Market Outlook & Analysis

Key Points:Consumer Sentiment was unchanged at 52.2 in May.Current Economic Conditions declined from 59.8 to 58.9.Index of Consumer Expectations improved from 47.3 to 47.9.On May 30, 2025, the University of Michigan released Michigan Consumer Sentiment report for May. The report indicated that Consumer Sentiment remained unchanged at 52.2, compared to analyst forecast of 51.More information in our economic calendar.Current Economic Conditions decreased from 59.8 in April to 58.9 in May, while In

2025-06-03 16:53:00 admin

Bulgaria’s Euro Adoption Progress Boosts Economic Growth and Investment Opportunities

Bulgaria is on track to adopt the euro in January 2026, a development which would support the stability of the highly euro-ised economy, improve monetary-policy flexibility and enhance sovereign market access.Bulgaria’s potential adoption of the common currency would support potential growth of around 2.75% a year and accelerate convergence towards average European Union living standards.Bulgaria formally requested that the European Commission (EC) and the European Central Bank (ECB) assess the

2025-06-03 16:49:00 admin

China Manufacturing PMI Drops Amid Trade War Pressures: Economic Recovery Stalls as Job Market Declines

Key Points:China’s Caixin Manufacturing PMI dropped to 48.3 in May, the lowest since Q3 2022, signaling shrinking output.Job losses in China’s manufacturing sector signal deepening economic strain and ineffective stimulus efforts.Markets gained after reports that Trump plans to speak with Xi Jinping to ease escalating trade tensions.US-China Trade Tensions FlareUS-China tensions escalated after the US accused China of breaching the 90-day truce by delaying rare earth mineral exports. These expor

2025-05-26 12:04:00 admin

Resolv Protocol In-Depth Analysis: How Delta-Neutral Stablecoins Backed by ETH and BTC Work for Crypto Investors

Stablecoins are arguably the most successful real-world use case of blockchain technology. They’re foundational to value exchange in DeFi, often used as collateral, settlement currency, and trading pair across every major crypto platform. As a result, they’re among the most widely owned and liquid assets in the space.But not all stablecoins are built the same. The most popular variants—like USDT and USDC—are fiat-backed and rely on traditional financial infrastructure to maintain their peg. For

2025-05-26 11:59:00 admin

Crypto Courses Worth It? The Ultimate Guide to Investing in Cryptocurrency Education

So you’ve heard about crypto—maybe even dabbled a bit, watched a few YouTube videos, or lost an evening to Reddit rabbit holes. But now you’re thinking: is it worth paying to learn this stuff?You’re not alone. As the crypto market grows, so does the industry around crypto education. Courses promising to turn you from newbie to pro trader are everywhere—some free, some priced like college degrees. Global interest in learning about blockchain, DeFi, and trading strategies has surged, and platforms

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