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 | Resistance: 3088.5
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 | Resistance: 171.72
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 a negative signal.
Support: 78050 | Resistance: 86672
U.S. retail sales rebounded marginally in February as consumers pulled back on discretionary spending, reinforcing the growing uncertainty over the economy against the backdrop of tariffs and mass firings of federal government workers.
Cryptocurrency exchange-traded products continued seeing massive selling last week, recording the fifth week of outflows in a row, with $1.7 billion leaving the market. After seeing slightly softened outflows of $876 million in the previous week, crypto ETP liquidations accelerated during the past trading week, bringing the total five-week outflows to $6.4 billion
British stocks closed higher, driven by energy and mining shares, while investors geared up for a slew of central bank decisions this week including from the Bank of England. The benchmark FTSE 100 index rose 0.6%.
