March 24, 2025
Gold dips on higher dollar, still notches third weekly gain
Gold fell 1% to end last week due to a stronger dollar and profit-taking, although lingering geopolitical and economic uncertainties, and U.S. Federal Reserve rate cut prospects kept bullion on track for a third consecutive weekly rise. The Gold dropped 0.6% against the Dollar in the last session. According to the Stochastic-RSI, we are in […]
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March 24, 2025
Wall St ends higher, dollar rises as Trump signals tariff respite
Wall Street edged higher and the dollar gained ground on Friday after U.S. President Donald Trump hinted he would be flexible regarding a new round of tariffs expected to be imposed early next month. Even so, lingering economic uncertainties and churning geopolitical tension kept investors cautious.
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March 20, 2025
Oil rises on US fuel demand, while Ukraine ceasefire talks loom
Oil prices edged up after U.S. government data showed a draw in fuel inventories, while investors kept an eye on a limited ceasefire in Ukraine. U.S. crude stocks rose by 1.7 million barrels to 437 million barrels last week, higher than expectations. The Oil-Dollar pair gained 0.4% in the last session after rising as much […]
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March 20, 2025
Wall Street higher after Fed keeps rates unchanged
U.S. stocks added to gains after the Fed kept rates unchanged, as the central bank and investors continue to assess how Trump’s tariff policies might affect economic growth. The central bank kept its benchmark overnight interest rate unchanged in the 4.25%-4.50% range.
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March 20, 2025
Nvidia CEO says orders for 3.6 million Blackwell GPUs exclude Meta
Nvidia CEO Jensen Huang said that orders for some 3.6 million of its flagship “Blackwell” chips from four top cloud service providers “under-represented” demand, since they did not include orders from key customer Meta, who is among the largest buyers of Nvidia chips
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March 19, 2025
Middle East tensions, tariff jitters fuel gold’s record rally
Gold prices rose 1% to hit a fresh record high, anchored above the $3,000/oz mark, as rising Middle East tensions and trade uncertainties due to U.S. President Donald Trump’s tariff plans fueled demand for the safe-haven asset. The Gold-Dollar pair exploded 1.1% in the last session. The Stochastic indicator is giving a positive signal.Support: 2972.3 […]
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