UOB Global Economics & Markets Research reports a steep selloff in Gold and other precious metals as AI-related risk aversion hit broader markets. They describe algorithmic trading and profit taking as factors behind the move, following a strong … [Continue reading]
WTI remains below $63.00 due to oversupply concerns
West Texas Intermediate (WTI) Oil price trades largely unchanged around $62.80 per barrel during the Asian session on Friday, after dropping more than 3% in the previous session. Crude Oil prices remain under pressure amid ongoing concerns about … [Continue reading]
New Zealand Business NZ PMI fell from previous 56.1 to 55.2 in January
Ripple (XRP) exhibits subtle recovery signs, trading slightly above $1.40 at the time of writing on Thursday, as crypto prices broadly edge higher. Despite the metered uptick, risk-off sentiment remains a concern across the crypto market, as retail … [Continue reading]
United States 4-Week Bill Auction remains at 3.63%
EUR/USD has given up its earlier intraday gains on Thursday and is now struggling to hold above the 1.1850 area. The US Dollar is finding renewed support from a pick-up in risk aversion, while fresh market chatter suggesting Russia could be … [Continue reading]
Aster Price Forecast: Demand sparks on Binance Wallet partnership for on-chain perpetuals
Aster (ASTER) is extending its recovery for the third consecutive day with roughly 9% gains at press time on Thursday, approaching the $0.750 mark. The perpetual-focused Decentralized Exchange (DEX) partnered with Binance Wallet for an on-chain … [Continue reading]
EUR/USD: Bullish trend eyes 1.20 breakout – Scotiabank
Scotiabank’s Analyst Team reports the Euro is modestly higher versus the Dollar but lagging other G10 currencies, with sentiment and options pricing favouring upside protection. They highlight supportive Germany-US yield spreads and a bullish … [Continue reading]
Gold retreats from two-week high as strong US NFP tempers March Fed rate cut bets
Gold (XAU/USD) edges lower during the Asian session on Thursday and reverses part of the previous day's positive move to a nearly two-week high. The commodity, however, lacks follow-through selling and currently trades just above the $5,050 level, … [Continue reading]
UK GDP expected to show weak economic growth in Q4
Markets will be watching closely on Thursday, when the United Kingdom’s (UK) Office for National Statistics (ONS) will release the advance estimate of Q4 Gross Domestic Product (GDP).If the data land in line with consensus, the UK economy would have … [Continue reading]
UNI faces resistance at 20-day EMA following BlackRock’s purchase and launch of BUIDL fund on Uniswap
Decentralized exchange Uniswap (UNI) announced on Wednesday that it has integrated asset manager BlackRock's tokenized Treasury product on its trading platform via a partnership with tokenization firm Securitize.According to a statement, BlackRock's … [Continue reading]
CAD: BoC deliberations and policy nuance – TD Securities
TD Securities expects the Bank of Canada’s Summary of Deliberations to deliver a more nuanced message than January’s cautious statement. They anticipate discussion of cooled monthly activity into 2026, limited concern over stronger headline CPI given … [Continue reading]