Monthly Archives: March 2025
41654156156Crude Oil Extends Losses Amid Global Growth Concerns
Written on March 11, 2025 at 2:26 am, by pumarketings
Fundamental Analysis * Oil prices continued their decline for the second straight session as escalating U.S. tariff concerns on Canada, Mexico, and China raised fears of a global economic slowdown, potentially weakening energy demand. Meanwhile, OPEC+ signaled plans to increase oil production from April, though Russia’s Deputy PM Alexander Novak stated that the group couldContinue Reading
Dollar Pressures by Soft NFP
Written on March 10, 2025 at 6:23 am, by pumarketings
Market Summary The U.S. dollar weakened to a four-month low after Friday’s Nonfarm Payrolls (NFP) report came in below market expectations, while the unemployment rate ticked higher, signaling slower economic growth. The data, coupled with Trump’s aggressive trade policies, has heightened concerns over economic uncertainty, putting further pressure on Wall Street, where risk appetite remainsContinue Reading
Gold Rebounds Amid Dollar Weakness and Market Uncertainty
Written on March 10, 2025 at 1:29 am, by pumarketings
Fundamental Analysis * Gold prices climbed higher as global uncertainties and a weakening U.S. dollar supported safe-haven demand. A disappointing U.S. jobs report fueled concerns over the economy’s outlook, further boosting gold’s appeal. Additionally, investor sentiment shifted toward stability amid ongoing uncertainty over Trump’s tariff policies and Bitcoin’s recent decline. Technical Analysis *Technical Consolidation: GoldContinue Reading
