WTI crude gains fifth straight day, breaking above December high
WTI crude oil surged for the fifth consecutive session, breaking above its December high, as optimism over global demand fueled bullish sentiment. Prices settled at $82.34 per barrel, marking a 1.8% increase for the day. This rally reflects growing confidence in the global economy’s resilience, with improving manufacturing data in major economies further supporting crude’s […]
Bitcoin’s make-or-break moment: Will a consolidation breakout signal the next big move?
Bitcoin’s price hovers near a crucial resistance level, sparking speculation over its next major move. Currently consolidating around the $30,000 mark, the cryptocurrency faces a pivotal moment that could either reignite a bullish rally or lead to further stagnation. Analysts suggest that market sentiment and macroeconomic factors like interest rate policies could heavily influence its […]
Cryptic posts drive stocks, and Bitcoin turns 16: Markets roundup
Markets saw a whirlwind of speculation and volatility as cryptic social media posts from industry insiders stirred investor sentiment. The posts, ranging from vague predictions to ambiguous charts, led to heightened activity in tech stocks and cryptocurrencies. Major players in the market witnessed sharp intraday movements, driven largely by speculative bets fueled by these online […]
XRP Price Prediction: XRP overtakes USDT after Ripple unlocks 500M ahead of Trump inauguration
Ripple’s XRP saw a notable surge, overtaking Tether (USDT) in market capitalization, following Ripple’s release of 500 million XRP from escrow. The unexpected move has fueled speculation about Ripple’s strategy as the cryptocurrency market braces for potential volatility linked to the upcoming Trump inauguration. Market analysts view the unlocked XRP as a potential liquidity boost, […]
USD/JPY outlook: Bulls hold grip for further gains, BoJ intervention looms
The USD/JPY pair continued its upward trajectory as investors bet on the divergence between the Federal Reserve’s hawkish stance and the Bank of Japan’s dovish policies. The pair recently breached multi-month highs, fueled by robust U.S. economic data and a resilient dollar. Speculation is growing over the BoJ’s potential intervention, with officials signaling their readiness […]
Biden discussed plans to strike Iran nuclear facilities before Trump’s inauguration
In a revelation that could reshape discussions on U.S. foreign policy, President Joe Biden reportedly considered military action against Iran’s nuclear facilities before the 2017 inauguration of then-President Donald Trump. The discussions, alleged to have taken place during Biden’s tenure as vice president, highlight the Obama administration’s strategic concerns over Tehran’s advancing nuclear program in […]
Oil Rally Breaks Crude Out of Tight Range With Technical Support
Oil prices rallied sharply, breaking free from a weeks-long tight trading range. The surge was driven by robust technical support levels that reignited bullish momentum in the energy markets. Brent crude climbed over 3% to trade above $83 a barrel, while West Texas Intermediate (WTI) saw similar gains, crossing $79. Traders pointed to a mix […]
South Korean authorities attempt to arrest President Yoon Suk Yeol
South Korean prosecutors have launched a bold attempt to arrest President Yoon Suk Yeol, marking an unprecedented move in the nation’s political landscape. The decision comes as part of an ongoing investigation into allegations of corruption and abuse of power tied to Yoon’s administration. While specific charges remain undisclosed, the case has intensified political divides […]
Reserves at Fed Sink Below $3 Trillion to the Lowest Since 2020
The Federal Reserve’s total reserves have fallen below $3 trillion, marking the lowest level since the pandemic-induced liquidity surge of 2020. This decline highlights a pivotal shift as the central bank continues its quantitative tightening strategy to combat inflation. The current reserve levels underscore the balance sheet reductions initiated in mid-2022, which have steadily drained […]
EUR/USD kicks off 2025 with a fresh move to the downside
The EUR/USD pair started 2025 on a bearish note, slipping further amid cautious market sentiment. Traders remained focused on central bank policies, with the Federal Reserve’s hawkish stance supporting the U.S. dollar and exerting downward pressure on the euro. The pair dipped below key psychological levels, signaling potential volatility ahead. Analysts attribute the decline to […]
