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Gold price consolidates near one-week top amid trade jitters, bearish USD
Gold price (XAU/USD) trades with a positive bias during the Asian session on Thursday and remains close to a one-week high touched on the previous day, though it lacks follow-through buying. Investors remain concerned about US President Donald Trump's tariff measures, which continue to act as a...
Fxstreet
Mar 6, 2025
EUR/USD maintains position around 1.0800 ahead of ECB policy decision
EUR/USD remains steady after registering gains for the last three consecutive sessions, hovering around 1.0790 during Thursday’s Asian trading hours. However, the Euro may face headwinds as the European Central Bank (ECB) is widely expected to implement another 25 basis point rate cut later in the..
Fxstreet
Mar 6, 2025
Japan’s Top FX Diplomat Mimura says seeing an increase in trade protectionism, such as tariffs
Atsushi Mimura, Japan’s Vice Finance Minister for International Affairs and top foreign exchange diplomat, said on Thursday that the officials are seeing an increase in protectionism, such as tariffs.
Fxstreet
Mar 6, 2025
White House Crypto Summit Attendee List Updated! Crypto.com and Ripple Executives Added, Cardano Co-Founder Surprisingly Excluded!
The list of industry leaders invited to the first White House Crypto Summit has been updated, with Crypto.com CEO and Ripple CEO newly added. However, Cardano co-founder Charles Hoskinson was notably excluded.
BofA: U.S. tariffs remain 'alive and dead' at the same time
Investing.com -- Bank of America analysts described the current U.S. tariff situation as both “alive and dead” at the same time, noting that tariff uncertainty is likely to persist until a renegotiation of USMCA takes place.The US imposed 25% tariffs on Canadian and Mexican imports (10% on...Investing.com
Mar 5, 2025
Bernstein lifts China internet stock targets on AI momentum
Investing.com -- Bernstein has raised price targets on major China internet stocks, citing AI momentum as a key driver of valuation gains. The investment bank has lifted its Tencent Holdings Ltd (HK:0700) price target to HK$640 and raised its Alibaba (NYSE:BABA) target to $165, highlighting them...
Investing.com
Mar 5, 2025
Mutuum Finance (MUTM) and Ripple (XRP) Set for Huge Parabolic Moves, Here’s How High They Could Go
Ripple (XRP) jumped by 30% within a day due to the backing of former president Donald Trump for his “U.S. Crypto Reserve” which incorporates XRP as a part. The second Mutuum Finance (MUTM) presale phase has gained explosive demand because investors are rushing to acquire 4,000 tokens at $0.015...Cryptopolitan
Mar 5, 2025
Trump Tariffs a Lose-Lose Game, JPMorgan: Tactically Bearish on US Stocks
US President Donald Trump's tariff measures are continuously putting pressure on the US economy and the US stock market. J.P. Morgan has shifted its outlook on US stocks to a tactical bearish stance and warned Wall Street to reevaluate the target price of the S&P 500 index for 2025.TradingKey
Mar 5, 2025
Microsoft Stock at Year-Ago Levels: Does Its Fundamentals Still Hold?
Since late February, U.S. stocks have entered a correction phase, with cloud giant Microsoft (MSFT.US) retreating to year-ago levels. Analysts argue that the current share price fails to reflect the company’s still-robust fundamentals.
TradingKey
Mar 5, 2025
Trump says the US will impose its reciprocal tariffs on April 2
President Donald Trump announced on Tuesday night that the United States will begin enforcing reciprocal tariffs on April 2, planning to match the trade barriers imposed by Europe, China, India, Mexico, and Canada.Cryptopolitan
Mar 5, 2025
Crude oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Wednesday, early in the European session. WTI trades at $67.59 per barrel, down from Tuesday’s close at $67.96. Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $70.78 after its previous daily close at $70.96.
European natural gas market sells off – ING
The European natural gas market sold off yesterday with TTF settling nearly 3.9% lower on the day, ING's commodity experts Ewa Manthey and Warren Patterson note. "We believe that the weakness is overdone given the tighter storage environment. Also, European prices need to stay elevated and at a...Fxstreet
Mar 5, 2025
USD/CAD drops to near 1.4400 amid US growth concerns
The USD/CAD pair continues to decline for the second straight session, hovering around 1.4400 during early European trading hours on Wednesday. The US Dollar (USD) remains under pressure amid rising concerns over slowing economic growth and the impact of newly imposed tariffs. President Trump’s...
Fxstreet
Mar 5, 2025
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