Oil Imports Exempted from Trump’s Sweeping Tariffs

WASHINGTON — The U.S. oil industry received a significant relief on Wednesday as imports of oil, gas, and refined products were exempted from President Donald Trump's sweeping new tariffs. The White House confirmed the exemption, which will help mitigate concerns voiced by industry leaders regarding potential disruptions and cost increases. The U.S. oil industry had expressed fears that the tariffs...

Blame Game Escalates in Iran as Rial Plunges to Record Low

The Iranian rial has hit a historic low against the US dollar amid worsening economic uncertainty, fueled by deteriorating prospects for direct negotiations with...

Chinese Stocks Get ‘Shot in the Arm’ from Stimulus Moves, HSBC Survey Says

Emerging-market investors are feeling optimistic about China's economic recovery, with many citing the positive impact of policy stimuli as a major factor driving their...

Brent Crude Price Tests Key Resistance at $73.60 – Market Forecast for March 31, 2025

Brent crude oil prices have shown upward movement in recent intraday trading as they attempt to break through the critical resistance level at $73.60....

US Crude Oil Price Faces Key Support at $68.90 – Market Forecast for March 31, 2025

US crude oil prices have been trading sideways in recent intraday sessions as the market seeks a bottom to build momentum for a potential...

Silver Price Seeks Support at $34.00 – Market Forecast for March 31, 2025

Silver prices saw a decline in the latest intraday trading as the metal searches for a bottom that could provide the necessary momentum for...

Gold Price Faces Resistance at $3090 – Market Forecast for March 31, 2025

Gold prices experienced a slight pullback after failing to sustain early gains, ending the session with a modest decline. The price faced resistance at...

Gold Surges Past US$3,100 as US Tariffs and Uncertainty Propel Safe-Haven Flows

Gold prices soared to new heights on Monday, crossing the US$3,100 mark for the first time, as geopolitical uncertainties and U.S. President Donald Trump's tariff policies spurred a fresh wave of investments into the precious metal. Spot gold reached a record high of US$3,106.50 per ounce, continuing its surge amid concerns over the potential economic fallout of the U.S.'s...

Gold Surges Past US$3,100 as US Tariffs and Uncertainty Propel Safe-Haven Flows

Gold prices soared to new heights on Monday, crossing the US$3,100 mark for the first time, as geopolitical uncertainties and U.S. President Donald Trump's tariff policies spurred a fresh wave of investments into the precious metal. Spot...

Gold Price Sticks to Negative Bias, Poised for Third Straight Week of Gains

Gold prices continue to face some pressure as the US Dollar (USD) strengthens slightly, prompting traders to take profits. Despite this, the precious metal...

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...

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...

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...

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...

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...

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...

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...

Avanza Investors Shift Focus from U.S. to European Funds in March

Swedish online broker Avanza Bank has reported a significant shift among its fund investors, who have increasingly moved their capital from U.S.-focused funds to European alternatives throughout March. According to Avanza, net purchases were highest in European funds, followed by...

Sri Lankan Stocks on Track to Be Frontier Haven, EM Fund Says

Sri Lanka, which faced an unprecedented economic crisis culminating in a default in 2022, is on the path to recovery, and global investors are...

Chinese Stocks Get ‘Shot in the Arm’ from Stimulus Moves, HSBC Survey Says

Emerging-market investors are feeling optimistic about China's economic recovery, with many citing the positive impact of policy stimuli as a major factor driving their...

Hong Kong Stocks Rise Despite US Tariffs and Wall Street Losses

Hong Kong stocks rose on Thursday, defying the impact of new US tariffs on car imports imposed by President Donald Trump and the heavy...

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