Markets
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Commodity Wrap -Oil, Natgas, Gold, Cocoa
Oil: Price drop below key levels: The price of Brent crude oil briefly fell below the local low from June…
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Nasdaq loses 2% amid Fed fears, AI trade and uncertainty around the US – Iran deal
Wall Street is entering the session under pressure from a broad wave of profit-taking, with the technology sector once again…
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IBM and OpenAI Partnership Shows Where AI May Start Generating Real Revenue
Over the past two years, investors have focused primarily on the technological race among the largest companies developing artificial intelligence.…
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BREAKING: EURUSD extends decline after Eurozone PMI data
Eurozone flash PMIs for June were a mixed but net-positive picture. The Composite came in at 49.5 , beating the…
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Chart of The Day – Gold under pressure again from the Fed and inflation concerns
While market attention is often focused on large declines in index futures, primarily following the massive drop of SpaceX during…
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Gold falls to $4,100 neighborhood on resilient USD, Fed hike bets and Iran uncertainty
Gold comes under renewed selling pressure amid the underlying USD bullish sentiment. The USD stands tall near a one-year high…
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WTI slumps below $73.00 as traders continue to watch US-Iran peace talks
WTI price tumbles to near $72.75 in Tuesday’s early European session. US Vice President said Iran will let international nuclear…
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Brent Drops Further
Brent crude oil dropped below $77 per barrel on Tuesday, extending losses from the previous session to its lowest level…
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Nickel Hits Over 2-Month Low
Nickel traded around $17,400 per tonne, falling to its lowest level in over two months, as investors extended profit-taking after…
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Trade of The Day – GBP/USD
Facts: GBPUSD bounced off the resistance area near 1.3260 The pair is trading below 100-period moving average from H1 interval…
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