May 27, 2025
Gold falls after Trump extends tariff deadline on EU good
Gold prices fell after U.S. President Donald Trump dropped his threat to impose 50% tariffs on goods from the European Union from June 1, reducing demand for the safe-haven asset. Markets in the US and UK were closed on Monday due to public holidays. The Gold-Dollar pair traded sideways in the last session. The Stochastic […]
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May 27, 2025
Euro rises after Trump delays EU tariffs
The euro hit a one-month high against the U.S. dollar after U.S. President Donald Trump backed down from threatened 50% duties on European Union shipments from June 1, as the bloc asked for time to “reach a good deal”.
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May 26, 2025
Nvidia to launch cheaper Blackwell AI chip for China
Nvidia will launch a new artificial intelligence chipset for China at a significantly lower price than its recently restricted H20 model and plans to start mass production as early as June, The GPU is expected to be priced between $6,500 and $8,000.
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May 26, 2025
Oil gained ahead of Memorial Day weekend
Oil prices gained on Friday as U.S. buyers covered positions ahead of the three-day Memorial Day weekend amid worries over the latest round of nuclear talks between American and Iranian negotiators. The Oil-Dollar pair exploded 1.5% in the last session. The MACD is giving a positive signal.Support: 58.651 | Resistance: 63.992
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May 23, 2025
BlackRock’s Bitcoin ETF notches 2-week high inflow
BlackRock’s iShares Bitcoin Trust has seen its largest inflow in the past two weeks as traders allocate to US spot Bitcoin exchange-traded funds to scoop up the rocketing cryptocurrency. IBIT’s May 21 net inflows hit $530.6 million. The Bitcoin-Dollar pair exploded 1.8% in the last session. The MACD is giving a positive signal.Support: 106982 | […]
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May 23, 2025
S&P 500 directionless after Trump’s tax-cut bill narrowly wins House vote
The S&P 500 struggled for direction after the U.S. House of Representatives passed President Donald Trump’s tax and spending bill, expected to burden the federal government with trillions of dollars in extra debt, by a razor-thin margin.
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