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WTI falls toward $57.00 due to concerns over OPEC+ supply increase, weakening demand
West Texas Intermediate (WTI) crude Oil price is extending its losing streak for a fourth consecutive session on Thursday, trading around $57.20 per barrel during European hours. Oil prices have fallen to their lowest level in three weeks, weighed down by concerns over a potential supply increase..
US Dollar Index (DXY) advances to two-week high near 99.75; not out of the woods yet
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, attracts some buyers for the third straight day and climbs to a two-week high, around the 99.70-99.75 region during the Asian session on Thursday.
Fxstreet
May 1, 2025
WTI declines below $58.00 on demand fears, Saudi Arabia's plans
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $57.80 during the Asian trading hours on Thursday. The WTI price remains on the defensive after posting its worst monthly drop since November 2021 amid the concerns over a global economic downturn and the signal from...Bank of Japan expected to hold interest rate at 0.50% amid US trade war uncertainty
The Bank of Japan (BoJ) will announce its decision on monetary policy after a two-day meeting on Thursday, and market participants widely anticipate policymakers will keep the benchmark interest rate on hold at 0.50%.
Fxstreet
May 1, 2025
Wells Fargo sees lower profit across apparel sector on tariff, recession risks
Investing.com -- Wells Fargo slashed 2026 earnings estimates across the U.S. apparel and footwear sector given the dual pressures of elevated tariffs on Chinese imports and expectations for a mild U.S. recession beginning in the second half of 2025.Investing.com
Apr 30, 2025
WTI falls to near $59.50 due to weakening global economic growth, Oil demand
West Texas Intermediate (WTI) Oil price continues its decline for a third consecutive session, trading near $59.50 per barrel during Asian hours on Wednesday. The downward pressure on Oil stems from growing fears over weakening global economic growth and fuel demand, largely triggered by US Presiden
Gold consolidates as tariff fears start to fade
Gold price (XAU/USD) is entering a consolidation phase and is trading in a more narrow range day by day, currently trading around $3,315 at the time of writing on Tuesday. The consolidation comes as traders and markets tweak their positioning in the precious metal ahead of a possible announcement...
Fxstreet
Apr 29, 2025
Alibaba unveils Qwen3, challenges industry leaders
Investing.com -- Alibaba Group Holdings Ltd ADR (NYSE:BABA) introduced its next-generation large language model series, Qwen3, on Tuesday, expanding its AI offerings across a range of model sizes and architectures. The release includes eight open-weight models, six dense and two mixture-of-experts (
Investing.com
Apr 29, 2025
Nio stock added to 30-day positive catalyst watch at Citi
Investing.com -- Citi has placed Nio (NYSE:NIO) stock on a 30-day positive catalyst watch amid expectations of a faster-than-expected rollout of new models, the upcoming launch of the new driver-assistance system and chip upgrades, and improving cost dynamics.
Investing.com
Apr 28, 2025
Has the Weak Dollar Trend Ended? Goldman: The Worst Days of Dollar Depreciation Are Still Ahead
TradingKey - Despite the U.S. Dollar Index (DXY) falling below the 100 mark, the chorus of bearish calls on the dollar from Wall Street has not abated. Goldman Sachs believes that the negative impact of Trump's tariff policies on the U.S. economy may only become apparent in the summer, leaving...TradingKey
Apr 28, 2025
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