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The Eurozone manufacturing sector continued to feel the impact of the economic shock stemming from the Iran–US conflict, as weaker demand for goods coincided with the fastest increase in raw material costs in four years, intensifying…
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Brent crude oil prices rose around 2% in early Monday trading, putting the benchmark on track for its first daily gain after eight consecutive sessions of losses. The rebound was triggered by renewed escalation in the Middle East, including…
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BTCUSD dropped to its lowest level in six weeks on Thursday, posting daily losses exceeding 3% as bearish momentum accelerated for a third straight session. The latest decline was largely driven by a renewed surge in oil prices amid…
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The dollar weakened broadly at the start of the week, weighed down by improved risk sentiment as hopes increased for a potential US–Iran agreement to reopen the Strait of Hormuz and ease concerns over prolonged supply disruptions.…
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Brent crude opened with a bearish gap and fell to its lowest level in more than two weeks on Monday at $96.88, driven by renewed optimism over a potential US–Iran peace deal, although key negotiation points remain unresolved. The decline…
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British retail sales declined by 1.3% in April, marking the steepest monthly drop in one year, following a 0.6% increase in March and coming in weaker than market expectations for a 0.6% decline. A sharp fall in fuel sales—the largest…
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Data released on Thursday reinforced the increasingly fragile outlook for the Eurozone economy, as business activity contracted at the fastest pace in nearly three years in May amid the prolonged economic fallout from the wars in Ukraine…
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Gold posted a modest recovery on Wednesday after breaking below the key $4500 support zone, marked by the 50% Fibonacci retracement of the $4099/$4889 rally and a recent higher base, reinforcing broader bearish pressure in the near term.…
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UK annual inflation slowed to 2.8% in April, marking its lowest level in more than a year, down from 3.3% in March and coming in below market expectations for a 3.0% rise. Core inflation, which excludes volatile components, eased to 2.5%…
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The dollar regained momentum on Tuesday following the previous session’s sharp decline, as the Dollar Index once again tested the key resistance zone at 99.20/30, marked by the 61.8% Fibonacci retracement of the 100.48/97.40 decline and the…
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