Monthly Archives: June 2025
Oil Slumps as Saudi Output Plans and Price Cuts Undermine Market Sentiment

Written on June 5, 2025 at 7:32 am, by
Key Takeaways: *Saudi Arabia signals another major production increase, adding to supply concerns *Aramco cuts official selling prices for Asia, reinforcing bearish outlook *Market sentiment weighs on oil as OPEC+ sticks to aggressive output hikes Market Summary: Oil prices retreated sharply on Thursday after Saudi Arabia signaled plans for another significant production increase, heightening expectationsContinue Reading
Gold Rebounds as Weak U.S. Economic Data Fuels Rate Cut Bets

Written on June 5, 2025 at 7:28 am, by
Key Takeaways: *ADP Nonfarm Employment misses sharply, adding to signs of labor market softening *ISM Services PMI slips below 50, pointing to contraction in the services sector *Treasury yields and the U.S. Dollar fall on rising Fed rate cut expectations *Gold gains on safe-haven demand amid growth fears and debt ceiling concerns Market Summary: GoldContinue Reading
Chart the Market (04/06/2025)

Written on June 4, 2025 at 6:54 am, by
ETH, H4: Ethereum’s recent price action has painted a complex technical picture, initially sparking concerns of a false breakout when it retreated below its higher-high support level after briefly touching a three-month peak at 2,787.50. This pullback saw ETH consolidate around the 2,500 level, where it established a new base before mounting a fresh upwardContinue Reading