June 9, 2025
Crude climbs on US jobs report, China talks
Crude rose more than $1 a barrel on Friday, posting its first weekly gain in three weeks after a favorable U.S. jobs report and resumed trade talks between the U.S. and China, raising hopes for growth in the world’s two largest economies. After a 3.0% dip during the last session, the Oil-Dollar pair closed 2.3% […]
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June 9, 2025
Gold falls over 1% as strong US jobs data clouds outlook for rate cuts
Gold prices slipped more than 1% on Friday after a stronger-than-expected U.S. jobs report dampened hopes for imminent Federal Reserve rate cuts this year, while silver soared to its highest level since 2012. The Gold-Dollar pair plummeted 1.3% in the last session. The Stochastic indicator is giving a positive signal.Support: 3217 | Resistance: 3423.7
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June 6, 2025
Weekly jobless claims hit seven-month high; imports post record decline
The number of Americans filing new applications for unemployment benefits increased to a seven-month high last week, pointing to softening labor market conditions amid mounting economic headwinds from tariffs.
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June 6, 2025
Silver on 13-year high
Safe-haven gold reversed course to fall after U.S. President Donald Trump and Chinese leader Xi Jinping agreed to further talks to settle trade disputes, while silver breached the key $35 level to reach a 13-year high. The Silver-Dollar pair gained 0.6% in the last session after rising as much as 1.0% during the session. The […]
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June 6, 2025
Tesla shares down as growing Trump-Musk spat rattles investors
Cracks in the relationship between President Donald Trump and Tesla CEO Elon Musk, his self-proclaimed “First Buddy”, are scaring Tesla shareholders as the two fired salvos at each other in increasingly heated rhetoric, sending shares down
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June 5, 2025
Safe-haven gold rises on weak data, simmering uncertainty
Gold rose 1%, supported by a softer dollar and weak U.S. data, as investors grappled with mounting economic and political uncertainty. The U.S. dollar index fell 0.5%, making gold cheaper for buyers holding other currencies. The Gold-Dollar pair gained 0.4% in the last session. The ROC’s is giving a negative signal.Support: 3307.9 | Resistance: 3430.2
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