Ethereum Price Forecast: Investors book over $2.5 billion in profits as ETH declines nearly 10%
Ethereum’s price fell nearly 10% in a sharp pullback, marking one of its steepest declines in recent months as investors cashed out over $2.5 billion in profits. The downturn comes after a period of sustained growth that had propelled the cryptocurrency to multi-month highs, fueling profit-taking amid broader market volatility. The sell-off highlights shifting investor […]
EUR/USD Price Forecast: Outlook remains subdued below 1.0840
The EUR/USD pair remains constrained below the 1.0840 level, reflecting ongoing caution in the currency markets. Traders remain hesitant as economic data and central bank policies continue to shape sentiment, leaving the euro with limited upside momentum. Market participants are closely watching U.S. inflation figures and eurozone economic updates, both of which have kept EUR/USD […]
Oil market: Pressure among OPEC+ members mounting?
Pressure is mounting within OPEC+ as the global oil market grapples with shifting demand dynamics and economic uncertainty. The coalition of oil-producing nations, led by Saudi Arabia and Russia, has been striving to balance production cuts with rising global inflation and fluctuating energy demands. However, with oil prices hovering at volatile levels, cracks are beginning […]
Gold, silver and the financial reset [video]
As global markets face increasing uncertainty, the idea of a “financial reset” is gaining traction among investors, particularly those focusing on precious metals like gold and silver. With central banks around the world grappling with inflation, rising interest rates, and debt concerns, many are turning to these traditional safe-haven assets as a hedge against further […]
EUR/USD ticks higher ahead of US inflation data, ECB policy meeting
As global markets face increasing uncertainty, the idea of a “financial reset” is gaining traction among investors, particularly those focusing on precious metals like gold and silver. With central banks around the world grappling with inflation, rising interest rates, and debt concerns, many are turning to these traditional safe-haven assets as a hedge against further […]
Soft inflation and policy shift helped Chinese stocks
Chinese equities climbed as softening inflation raised expectations of further policy support from Beijing. The latest economic data revealed subdued price pressures, which analysts interpret as a signal for the government to maintain accommodative measures. This development added momentum to a market already buoyed by signs of stabilization in China’s struggling property sector. The shift […]
Gold maintains the upward pressure above $2,660, focus on China
Gold extended its gains above $2,660 on renewed buying interest from China and escalating geopolitical uncertainties. The metal’s upward momentum reflects increased demand for safe-haven assets as investors monitor China’s renewed activity in global gold markets. Heightened tensions in the Middle East and global economic concerns have further supported prices. China, the world’s largest gold […]
Crypto Today: MicroStrategy buys BTC again as Ethereum memes rally amid $103B market outflows
The cryptocurrency market faced another challenging day with $103 billion wiped off its total value, highlighting persistent investor unease. Despite the sell-off, MicroStrategy doubled down on Bitcoin, purchasing an additional 1,000 BTC, a move reflecting CEO Michael Saylor’s enduring confidence in the leading digital asset. The acquisition comes as Bitcoin struggles to maintain momentum, trading […]
Oil steadies as traders weigh Saudi price cuts, Syrian upheaval
Oil prices remained steady on Monday as markets balanced Saudi Arabia’s decision to cut crude prices for Asian markets against the backdrop of political upheaval in Syria. Brent crude futures saw a marginal decline of 1 cent, settling at $71.11 per barrel, while U.S. West Texas Intermediate (WTI) crude futures edged up by 1 cent […]
Japan’s economy shows more resilience as BOJ mulls hike timing
Japan’s economy demonstrated unexpected strength as growth figures were revised upward, signaling a more resilient recovery. Revised GDP data showed the economy expanding at an annualized rate of 4.8%, up from the previously reported 4.6%, driven by robust business investments and steady consumer spending. This development underscores the economy’s adaptability despite challenges like global inflation […]