Forecasts & Analysis
Crude Oil News Today: Russia’s Export Plans Impact Global Supply
Crude Oil Market Overview Tuesday’s trading session saw a decline in oil prices, influenced by a combination of factors. The likelihood of increased oil supply from Russia, slower demand in some sectors, and a cautious trading atmosphere preceding the U.S. Federal Reserve’s interest rate decision all played roles. However, this
Crypto Market Deepens Correction
Crypto Market Sees Significant Declines: Bitcoin, Solana, and Ethereum The crypto market lost 6% in 24 hours to $2.42 trillion. Solana reversed Tuesday’s decline, losing 9% in 24 hours – the last of the major altcoins to fall into a correction. Bitcoin is down 5% after falling to $64.4K. That’s
DAX Index Today: Euro Area Economic Sentiment, the ECB, US Data in Focus
Overview of the DAX Performance on Monday The DAX declined by 0.02% on Monday. After a 0.03% loss on Friday, the DAX ended the session at 17,933. Significantly, the DAX held onto the 17,900 handle despite a four-day losing streak. China Economic Indicators Beat Forecasts On Monday, better-than-expected economic indicators from
Bitcoin (BTC) News Today: Fed Rate Cut Bets Impact BTC-Spot ETF Market Flows
BTC-Spot ETF Market Faces Net Outflows Amid Expectations of Fed Rate Cuts. On Monday (Mar 18), BTC declined by 1.22%. Partially reversing a 4.67% rally from Sunday, BTC ended the session at $67,657. Falling bets on an H1 2024 Fed rate cut impacted buyer demand for BTC. Better-than-expected US housing sector data
XRP News Today: SEC vs. Debt Box Ruling Sours SEC’s XRP Appeal Prospects
The Monday Overview On Monday, XRP rallied 4.23%. Following a 1.66% gain on Sunday, XRP ended the day at $0.6450. Significantly, XRP bucked the broader market trend. The total crypto market cap declined by 1.95% to $2,463 billion. SEC v Debt Box Ruling to Test SEC Appetite to Appeal XRP Ruling
USD/JPY Forecast: BoJ’s Interest Rate Hike Prospects and a Drop Toward 140
USD/JPY Movement on Monday The USD/JPY gained 0.10% on Monday. Following a 0.47% rise on Friday, the USD/JPY ended the session at 149.144. The USD/JPY rose to a high of 149.332 before falling to a Monday session low of 148.905. The Bank of Japan and Governor Ueda in the Spotlight On
AUD to USD Forecast: RBA Interest Rate Decision Crucial Amid US Housing Market Focus
Monday Overview of the AUD/USD The AUD/USD slipped by 0.01% on Monday. After a 0.32% loss on Friday, the Australian dollar ended the session at $0.65591. The Australian dollar rose to a high of $0.65739 before falling to a low of $0.65507. RBA Interest Rate Decision and Press Conference in
Hang Seng Index, ASX 200, Nikkei Index: The BoJ and the RBA in the Spotlight
Summary of the Monday Session On Monday, the Nikkei led the Hang Seng Index and the ASX 200 into positive territory. US economic indicators from Friday set the tone for the Monday Asian session. Consumer sentiment declined in March, while consumer inflation expectations remained elevated. The inflation expectation figures followed the hotter-than-expected
What’s Next For Commodity Prices As Traders Await Fed’s March FOMC Meeting?
To quote analysts at GSC Commodity Intelligence – macro opportunities are everywhere and they are here in abundance. That’s one of the most lucrative trends of the current financial climate that we find ourselves in right now! And guess what? This week is about one thing and one thing only:
Silver Price Forecast: Bullish Momentum Builds, Targets Swing Highs
Silver consolidates and trades inside day on Monday, following last week’s bullish continuation. The high of the rally was 25.45 and it is also the weekly high. Following weeks of choppy sideways price action, silver may be getting ready for a sustainable bull trend. Recent Strong Moves Follow Failed Late-2023