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 […]
Read More
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.
Read More
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
Read More
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 […]
Read More
March 19, 2025
Alphabet to buy Wiz for $32 billion in its biggest deal
Alphabet will buy fast-growing startup Wiz for about $32 billion in its biggest deal ever, the Google parent said Tuesday, as it doubles down on cybersecurity to sharpen its edge in the cloud-computing race against Amazon.com and Microsoft. The last session saw Google’s stock drop 2.0%. The CCI is giving a positive signal.Support: 149.33 | […]
Read More
March 19, 2025
Despite BTC correction, Bitcoin beats global assets post-Trump election
Bitcoin managed to outperform the other major global assets, such as the stock market, equities, treasuries and precious metals, despite the recent crypto market correction coinciding with the two-month debt suspension period in the United States. The Bitcoin-Dollar pair fell 2.6% in the last session after a 3.5% intra-session dip. The Ultimate Oscillator is giving […]
Read More
