Author: FX
U.S. crude oil prices are a hair’s breadth away from a major support zone! Think we’ll see a bounce in the next trading sessions? Or is the Black Crack headed for fresh 2025 lows? WTI Crude Oil (USOIL) Daily Chart by TradingView In case you missed it, U.S. dollar demand is taking a hit as U.S. shutdown concerns get mixed with U.S.-China trade jitters and increasing expectations of an October AND December Fed rate cuts. Even so, crude oil still can’t catch a break. Traders are worried the trade war could slow global growth and crush demand. What’s more, the…
The UK’s economic activity expanded by 0.1% month-on-month in August 2025, reversing a revised 0.1% contraction in July, as production output offset weakness in other sectors of the economy. Key Points from the August GDP Report Monthly GDP grew 0.1%, in line with consensus expectations, following a downwardly revised -0.1% decline in July (previously reported as flat) Production sector led the expansion with a 0.4% increase, while services was unchanged at 0.4%, and construction fell by 0.3% Three-month rolling GDP growth accelerated to 0.3% (June-August) from 0.2% in the three months to July, suggesting modest underlying momentum Annual GDP growth…
South Korean Finance Minister Koo said it’s uncertain whether Trump will accept Seoul’s opposition to a US$350 bn upfront investment.Seoul warns a one-time payment could destabilise FX markets, risking a crisis.Koo raised the issue with U.S. Treasury Secretary Bessent, who agreed to convey Korea’s concerns.The July trade deal remains pending amid disputes over investment funding. Info via Yonhap. —South Korea’s Finance Minister Koo Yun-cheol said it remains uncertain whether President Donald Trump will accept Seoul’s opposition to a US$350 billion upfront investment tied to their July trade deal.Speaking in Washington, Koo said such a large one-off payment could destabilise Korea’s…
The JJN Promise MT4 Indicator is built to simplify trading decisions by combining data analysis and price action behavior into one clear visual tool. It detects market momentum and trend reversals, allowing traders to spot early signals before big movements occur. Instead of juggling several charts, the indicator offers straightforward buy and sell suggestions, reducing the need for guesswork. It’s ideal for traders who prefer fast and simple market analysis without relying on complicated systems. Accurate Signal Generation One of the strongest features of the JJN Promise Indicator is its precision in signal generation. It filters out minor fluctuations and…
Gold price (XAU/USD) extends its upside to around $4,365 during the early Asian session on Friday. The precious metal holds positive ground after reaching a record high of $4,380 in the previous session. A fear of a prolonged US government shutdown, growing bets of additional US interest rate cuts, and US-China trade tensions support the yellow metal. Traders will keep an eye on the Fedspeak later on Friday for fresh impetus. There are also growing worries about the ongoing US government shutdown, which weighs on the US Dollar (USD) and underpins the USD-denominated commodity price. The federal shutdown has entered its…
United Airlines targets double-digit margin expansion through customer loyalty investments and cost efficiency Source link
The Thursday session was dominated by credit quality worries after two regional lenders disclosed problematic loans, triggering widespread risk aversion despite earlier optimism from strong bank earnings and continued AI investment momentum. Turns out investors aren’t fond of words like “fraud” and “charge-off” appearing in the same sentence as “regional bank.” Meanwhile, gold shrugged off the drama to party like it’s 1979, blasting past $4,300 to fresh record highs. Check out the forex news and economic updates you may have missed in the latest trading session! Headlines & Data: Asia-Pacific Data: New Zealand Food Price Index for September 2025: 4.1%…
Fed board governor Miran is Trump’s lackey at the Fed. He is talking rubbish on tariffs:The downside of tariffs has been nowhere near what people predicted Tariffs have had no material signs of growth drag, inflation spikeDon’t think cost of tariffs will be passed on to consumersBurden of tariff cost will fall on exporting countries This article was written by Eamonn Sheridan at investinglive.com. Source link
The Dow Jones Industrial Average (DJIA) grappled in the middle of a deepening consolidation zone on Thursday, churning on both sides of 46,200 and declining around 300 points on the day. Investors are still tilting toward the bullish side on expectations that current political and structural issues will eventually be resolved, but market sentiment continues to take regular hits as fissures grow wider. The US government shutdown remains an ongoing issue that looms over investors, and traders caught a fresh bout of risk-off jitters amid rising concerns of risky loans on bank balance sheets.Big banks up, small banks downInvestment bank…
Economists see continued upward pressure on September CPI from core goods inflation Source link