April 29, 2025
Brent crude oil prices drop on demand fears
Brent crude oil prices fell as economic worries from the U.S.-China trade war were pressuring demand. The U.S.-China trade war is dominating investor sentiment in moving oil prices, superseding nuclear talks between the U.S. and Iran and discord within the OPEC+ coalition. The Oil-Dollar pair plummeted 2.0% in the last session. The Stochastic-RSI is giving […]
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April 28, 2025
China’s industrial profits rise 0.8% in Q1
Profits at China’s industrial firms grew 0.8% in the first quarter from the same period last year, reversing a 0.3% decline in the first two months. In March, total profits of industrial companies rose 2.6%, according to National Bureau of Statistics.
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April 28, 2025
Big tech earnings, US jobs data highlight busy week
A packed upcoming week for markets will test a U.S. stocks rebound, with investors focused on a wave of corporate results led by Apple and Microsoft, while the prospect of global trade developments threatens to cause volatility at any time.
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April 28, 2025
Bitcoin ETFs on $3B ‘bender,’ log first full week of inflows in 5 weeks
Spot Bitcoin ETFs in the US saw over $3 billion in inflows this week, marking the first full week of consecutive inflows in five weeks. On Friday, the 11 spot Bitcoin ETFs saw $380 million in inflows. The last session saw the Bitcoin fall 0.3% against the Dollar. The Stochastic-RSI is giving a positive signal.Support: […]
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April 25, 2025
Dollar rally unravels as investors shrug off Trump U-turns
The dollar staged a broad retreat, as investor gloom over the lack of progress toward defusing the U.S.-China trade war reasserted itself following an interlude of optimism the previous day.
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April 25, 2025
Wall Street extends rally on tech boost, easing tariff tensions
Wall Street extended its rally with a solid boost from technology shares as investors parsed a mixed bag of corporate earnings and watched for signs of progress in the U.S.-China tariff stand-off. All three major U.S. stock indexes were higher.
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