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Oil prices fell more than 1% on Monday after U.S. President Trump called on OPEC to reduce prices following the announcement of wide-ranging measures to boost U.S. oil and gas output in his first week in office. Brent crude futures dropped 87 cents, or 1.11%, to $77.63 a barrel by 0043 GMT after settling up

Markets opened the week with a dramatic shift in risk sentiment as last week’s record-breaking highs in US equities gave way to sharp declines, driven by tech sector rout. Concerns over US dominance in artificial intelligence surfaced after Chinese startup DeepSeek unveiled a competing AI assistant, leading to fears of heightened competition. Nvidia saw its

On Monday, the U.S. will release the new home sales data. On Tuesday, Japan will publish the BoJ core CPI y/y, while in the U.S., durable goods orders m/m, the CB consumer confidence index, and the Richmond manufacturing index will be released. On Wednesday, Japan will release the monetary policy meeting minutes, after which attention

Gold February futures contracts at MCX were slightly down on Monday, trading at Rs 79,813 per 10 gram, falling by 0.27% or Rs 213 while silver March futures contracts were trading at lower by 1% or Rs 919 at Rs 90,680/kg, around 10:30 am today. Gold and silver gained last week amid Trump’s fight for

Trump Coin (TRUMP/USDT): The Rise and Fall of a Meme Coin In the unpredictable world of cryptocurrency, meme coins frequently make headlines with spectacular gains—followed by equally dramatic losses. Trump mentioned (see in video below) that the launch of his Meme coin celebrated winning. So far, it seems that he won, and buyers of this

Gold prices edged higher and were on track for a fourth straight weekly gain on Friday, as uncertainty about U.S. President Donald Trump’s trade plans took wind out of the dollar’s sail, boosting demand for the safe-haven asset. FUNDAMENTALS * Spot gold edged up 0.2% to $2,760.40 per ounce, as of 0044 GMT and gained

Dollar ended the week as the worst-performing major currency, largely weighed down by strong risk-on sentiment that took hold after President Donald Trump’s first week in office. Investors had anticipated more aggressive trade measures from the new administration, but Trump instead struck a relatively softer tone on tariffs, leading to improved risk appetite in equities

The global AI race has taken an intriguing turn with the emergence of China’s DeepSeek, touted by some as a potential disruptor to NVIDIA’s dominance in the AI hardware space. As speculation swirls, stock investors, analysts, and thought leaders are left grappling with the critical question: Is DeepSeek a genuine threat to NVIDIA and the

Record peak gold prices, Chinese economic stimulus, US rate cuts and geopolitical tensions bolstered the appeal of silver last year. In the key London spot market, prices tested a 12-year high of $34.8 an ounce in October and ended the year with a gain of 37 percent. Meanwhile, domestic silver futures posted an 18 percent

UPCOMING EVENTS: Monday: China PMIs, German IFO. Tuesday: US Durable Goods Orders, US Consumer Confidence. Wednesday: Australia Q4 CPI, BoC Policy Decision, FOMC Policy Decision. Thursday: Eurozone GDP and Unemployment Rate, ECB Policy Decision, US Q4 GDP, US Jobless Claims. Friday: Tokyo CPI, Japan Unemployment Rate, Japan Industrial Production and Retail Sales, Swiss Retail Sales,

Brent crude futures were down 50 cents at $77.95 a barrel by 0044 GMT. U.S. West Texas Intermediate crude (WTI) shed 31 cents to $74.31. Trump, during his speech on Thursday at the World Economic Forum in Davos, Switzerland, said he would demand the Organization of the Petroleum Exporting Countries bring down the cost of

Marco Rubio, Secretary of State Politico is out with a very interesting report after it obtained a report showing guidance from new Secretary of State Marco Rubio. It says that — contrary to reports at the time — that yestrday’s executive order from Trump will cut off foreign aid to Ukraine. Secretary of State Marco

Gold’s remarkable rally continued on Friday egged by US President Donald Trump’s Thursday remark that he will apply pressure on the Federal Reserve to bring down interest rates. On Friday, the MCXgold futures hit a fresh lifetime high of Rs 80,312 per 10 gram while breaching the Rs 83,000 mark in the spot markets. The

Dollar’s decline accelerated as the week progressed towards the last day, weighed down by strong risk-on sentiment and investor optimism. S&P 500 closed at a new record high on Thursday, with NASDAQ and DOW poised to follow soon. Contributing to this sentiment were remarks from US President Donald Trump at the World Economic Forum, where

If I had a simple thesis for a trade for the next decade in the foreign exchange market it would be this: Invest in which ever country makes it easy to build again. I spent last week in Dubai and it was amazing. Twenty-five years ago there was hardly anything there and it boast innumerable

Oil prices edged up on Friday but remained on track for a weekly decline after U.S. President Donald Trump announced sweeping plans to boost U.S. production and demanded that OPEC move to lower crude prices. Brent crude futures gained 25 cents, or 0.3%, to $78.54 a barrel by 1147 GMT while U.S. West Texas Intermediate

Euro posted notable gains today as lifted by encouraging Eurozone PMI data that suggests the region is beginning the year on firmer footing. Private sector activity showed cautious growth, with reduced drag from manufacturing and moderate expansion in services. Most surprisingly, Germany, which struggled throughout 2024, returned to expansion. Sterling also gained on better PMI

Trump looks to have gone soft on tariffs and that’s weighing on the dollar as we look to the final stages this week. It has been a week filled with headlines from the man but the latest ones definitely stand out. He said that he would rather not use tariffs against China and instead look