Markets
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WTI Price Forecast: Sees immediate support near $55 amid US-Venezuela clash
The Oil price is under pressure on hopes that Venezuela’s Oil industry restructuring will increase global crude production. Investors await…
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Gold retreats further from one-week top as profit-taking kicks in ahead of US data
Gold faces rejection near $4,500 as the underlying bullish sentiment prompts profit-taking. Rising geopolitical tensions and dovish Fed expectations could…
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DAX Rebounds Despite Unexpected Drop in German Retail Services
07:00 AM BST, Germany – Retail Sales Data for November: German Retail Sales: actual -0.6% MoM; forecast 0.2% MoM; previous 0.3% MoM; German Retail…
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India Shares Extend Losses for Third Session
The BSE Sensex dropped 181 points, or 0.2%, to 84,882 in morning trade on Wednesday, down for the third consecutive…
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China Stocks Extend Gains to Multi-Year Highs
The Shanghai Composite rose 0.3% to around 4,095, while the Shenzhen Component added 0.35% to 14,070 on Wednesday, with mainland…
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New Zealand Shares End at Record High
New Zealand’s benchmark S&P/NZX 50 index rose 0.4% on Wednesday, closing at an all-time high of 13,715, driven largely by…
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Copper Pulls Back From All-Time High
Copper futures slipped toward $5.9 per pound on Wednesday, retreating from record highs and tracking a broader pullback across the…
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European Indices Extend Gains
European stock markets continued their New Year rally into the second trading day of the week. The STOXX 600 index…
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FTSE Hits Record And Outperforms it’s Peers
The FTSE 100 made a fresh record high this morning, as the New Year rally continues in the UK. Interestingly,…
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Chart of The Day – OIL.WTI
US actions in Venezuela following the seizure of power from Nicolás Maduro are now focused on rebuilding the country’s devastated…
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