The Commodities Feed: Sanctions Push Oil Higher
Energy – US Tightens Sanctions on Iranian Oil Exports Oil prices saw a significant rally yesterday, with ICE Brent crude closing more than 1.7% higher...
Gold Price Sticks to Negative Bias, Poised for Third Straight Week of Gains
Jennifer -
Gold prices continue to face some pressure as the US Dollar (USD) strengthens slightly, prompting traders to take profits. Despite this, the precious metal remains supported by broader market conditions and geopolitical uncertainties. As of Friday's early European session, gold (XAU/USD) bounced back from a three-day low, but it still retains a negative bias for the second consecutive day, trading...
The Commodities Feed: Sanctions Push Oil Higher
Energy – US Tightens Sanctions on Iranian Oil Exports Oil prices saw a significant rally yesterday, with ICE Brent crude closing more than 1.7% higher...
Jennifer -
Markets React as Powell Dismisses Recession Fears, USD Slips
Global markets saw a positive shift overnight as Federal Reserve Chair Jerome Powell reassured investors that recession risks in the U.S. were "not high"...
Jennifer -
Libya’s Economy Under Strain as Foreign Currency Sales Skyrocket Amid Falling Oil Revenues
TRIPOLI – Libya’s foreign currency sales have surged dramatically, far outpacing the country’s declining oil revenues, raising concerns over financial stability and foreign exchange...
Jennifer -
US Slaps Iran-Related Sanctions on Oil Tankers, Chinese ‘Teapot’ Refinery
On Thursday, the U.S. Treasury Department imposed new sanctions targeting entities linked to Iran’s oil trade. Among those sanctioned for the first time were...
Jennifer -
Australia’s Job Market Decline Fuels Rate-Cut Speculation
SYDNEY – Australia’s labor market took an unexpected hit in February, with employment plunging by 52,800 jobs, primarily in full-time roles. The downturn, which...
Jennifer -
Indonesia Takes Action to Stabilize Currency and Market After Decline
Indonesia's financial authorities have implemented a series of measures aimed at stabilizing the financial markets following a sharp fall in the country's stock market...
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Latest
Crude Oil Price Forecast – March 14, 2025
Jennifer -
Crude oil prices are exhibiting a strong bullish momentum, with the next key resistance level being the 50-period Exponential Moving Average (EMA), currently around $67.20. A successful breakout above this level would strengthen the outlook for further upward movement, with the next target potentially being $68.35. Traders should monitor this resistance closely, as surpassing it would confirm the continuation of...
Gold Price Sticks to Negative Bias, Poised for Third Straight Week of Gains
Jennifer -
Gold prices continue to face some pressure as the US Dollar (USD) strengthens slightly, prompting traders to take profits. Despite this, the precious metal remains supported by broader market conditions and geopolitical uncertainties. As of Friday's early European...
Gold
Gold Price Confirms Breach: Bullish Trend Continues – Forecast for March 13, 2025
Gold prices have confirmed the breach of the $2920.00 level after closing above it yesterday. This solidifies expectations for the continuation of the bullish...
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Gold
Silver Price Faces Negative Pressures – Forecast for March 11, 2025
Silver prices showed significant bearish movement yesterday, breaking below the $32.25 level and settling beneath it. However, today’s trading has begun with a bullish...
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Gold
Silver Price Forecast Update – March 7, 2025
Silver prices have remained relatively stable, fluctuating around the $32.60 mark with no significant movement observed since the morning. The outlook for today continues...
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Gold
Gold Price Confirms Breakout – Market Forecast for March 4, 2025
Gold prices have confirmed a breakout above the $2868.80 level, with the daily candlestick closing above this key resistance. This development activates a positive...
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Gold
Gold Price Shows Positive Start, Testing Key Resistance (March 3, 2025)
Gold price has opened today with noticeable positivity, reaching the key resistance level of $2868.85. This move suggests an attempt to halt the recent...
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Gold
Silver Price Faces Negative Pressure After Breaking $31.63 – February 28, 2025 Forecast
Silver prices have confirmed a break below the key level of $31.63, closing the daily candlestick beneath this support. This sets the stage for...
Jennifer -
Gold
Gold Prices Begin Bearish Correction – Forecast for February 26, 2025
Gold prices have encountered further negative pressures, resulting in a confirmed break of the bullish channel’s support line. This has set the stage for...
Jennifer -
Gold
Silver Price Faces New Negative Pressures – Market Forecast for February 24, 2025
Silver prices are struggling to maintain consolidation above the $32.86 level, leading to a shift towards negative trades as it settles below this mark....
Jennifer -
Latest
The Commodities Feed: Sanctions Push Oil Higher
Energy – US Tightens Sanctions on Iranian Oil Exports Oil prices saw a significant rally yesterday, with ICE Brent crude closing more than 1.7% higher at US$72 per barrel, marking the highest close this month. This bullish momentum continued into...
Latest
Crude Oil Price Forecast – March 14, 2025
Crude oil prices are exhibiting a strong bullish momentum, with the next key resistance level being the 50-period Exponential Moving Average (EMA), currently around...
Currencies
Markets React as Powell Dismisses Recession Fears, USD Slips
Global markets saw a positive shift overnight as Federal Reserve Chair Jerome Powell reassured investors that recession risks in the U.S. were "not high"...
Latest
The Commodities Feed: Sanctions Push Oil Higher
Energy – US Tightens Sanctions on Iranian Oil Exports Oil prices saw a significant rally yesterday, with ICE Brent crude closing more than 1.7% higher...