Monthly Archives: June 2025
41654156156Crude Oil Struggles for Direction as Demand Doubts Offset Trade Optimism
Written on June 10, 2025 at 5:55 am, by pumarketings
Key Takeaways: *WTI’s rally remains fragile as soft Chinese demand signals and rising U.S. fuel inventories clash with optimism over U.S.–China trade talks. *OPEC+ production discipline is eroding, with underperformance in May expected to shift toward more aggressive supply increases by late summer. Market Summary: WTI crude prices eked out modest gains this week, liftedContinue Reading
Bitcoin Breaks Above $106,500 on False Catalyst, Faces Key Test Amid Weak Fundamentals
Written on June 10, 2025 at 5:50 am, by pumarketings
Key Takeaways: *BTC reacts to false Paraguayan President X’s post on BTC approval as the country’s legal tender. *BTC was buoyed by improved sentiment surrounding the progress of trade talks between China and the U.S. Market Summary: Bitcoin staged a decisive breakout in the last session, surging past the critical $106,500 resistance level that hadContinue Reading
U.S.-China Trade Talks Dominate Sentiment
Written on June 10, 2025 at 3:34 am, by pumarketings
Key Takeaways: *The market was focused on the U.S.-China new round of trade talks, which were extended to Tuesday. *A positive tone from President Trump at the event hammered the safe-haven gold in the last session. * Wall Street holds a “wait-and-see” mood, eyeing the trade talk outcome. Market Summary: The financial markets remained squarelyContinue Reading
