Monthly Archives: May 2025
41654156156Chart the Market (14/05/2025)
Written on May 14, 2025 at 6:04 am, by pumarketings
BTC, H4: Bitcoin extended its rally, climbing near the $110,000 mark—just shy of its all-time high—before encountering resistance. While a technical retracement may be on the cards in the near term, the broader bullish structure remains intact as long as BTC holds above the key support zone near $92,000. Adding to the bullish case, BTCContinue Reading
Crude Oil Rises on Trade Optimism and Weak Dollar
Written on May 14, 2025 at 5:43 am, by pumarketings
Key Takeaways: *Oil Gains on Trade Progress: Positive U.S.-China trade talks have improved the outlook for global energy demand. *Weaker Dollar Supports Commodities: Lower-than-expected U.S. inflation data has pressured the dollar, supporting crude prices. Market Summary: Crude oil prices extended gains as renewed optimism over U.S.-China trade relations and a weaker U.S. dollar boosted marketContinue Reading
Dollar Retreats After Soft Inflation Data
Written on May 14, 2025 at 5:41 am, by pumarketings
Key Takeaways: *Soft U.S. CPI Data: Inflation missed expectations, with YoY CPI at 2.3% vs. 2.4% forecast, suggesting limited consumer price pressure. *Dovish Fed Outlook: Weaker inflation could give the Fed room to maintain accommodative policy despite global trade concerns. *Gold Stabilizes: Precious metal consolidates as dovish Fed expectations provide near-term support despite easing geopoliticalContinue Reading
