June 4, 2025
Oil climbs on geopolitical tensions
Oil prices climbed to a two-week high as persistent geopolitical tensions between Russia and Ukraine, and the U.S. and Iran looked set to keep sanctions on both OPEC+ members Russia and Iran in place for longer. The Oil-Dollar pair gained 0.5% in the last session. The MACD is giving a positive signal.Support: 60.599 | Resistance: […]
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June 4, 2025
Gold falls from near four-week peak on firm dollar
Gold fell nearly 1% after hitting a near four-week high, pressured by a firmer dollar as investors grew cautious ahead of a potential call between U.S. President Donald Trump and Chinese leader Xi Jinping. The Gold-Dollar pair dropped 0.9% in the last session after rising as much as 1.0% during the session. The MACD is […]
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June 3, 2025
Oil gains as wildfires threaten Canada supply
The U.S. dollar fell across the board, giving up the previous week’s gains, as markets weighed the outlook for President Donald Trump’s tariff policy and its potential to hurt growth and stoke inflation. The Oil-Dollar pair rose 1.4% following a 1.6% intra-session dip. The Stochastic indicator is giving a positive signal.Support: 59.722 | Resistance: 65.332
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June 3, 2025
Gold climbs to over 3-week high as dollar weakens
Gold rose to its highest in over three weeks, as a weakening dollar and a combination of geopolitical risks and economic uncertainty fuelled investor demand for safe-haven assets. U.S. gold futures settled 2.5% higher.
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June 3, 2025
S&P closes higher on trade hopes, Nvidia lifts Nasdaq
The S&P 500 index closed higher as investors were still optimistic over trade talks between the United States and its trading partners despite President Donald Trump’s latest salvo to double tariffs on imported steel and aluminum.
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May 30, 2025
US appeals court reinstates Trump tariffs
A U.S. appeals court reinstated President Donald Trump’s sweeping tariffs, leaving Wall Street with no clear direction a day after most of the tariffs were blocked by a trade court, a move that had given markets a brief boost.
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