Comprehensive Analysis of Crude Oil Price Movements: Geopolitical, Economic, and Technical Factors
Crude oil prices have risen by approximately 8% since hitting a low of $58.44 on Monday this week, climbing to a peak of $63.17 as of yesterday. Currently, prices are hovering around $61.00, amid prevailing uncertainty in the oil market, which is influenced by various conflicting factors. On a year-to-date basis, oil prices are down […]
Technical and Fundamental Analysis: Is Gold Targeting a Break Above $3,500?
Gold prices reached an all-time high of $3,500 on Tuesday, April 22, 2025, before pulling back to $3,200 on Thursday, May 1, 2025—a drop of $300, or roughly 9%. This decline is likely due to a market correction and profit-taking by investors, coupled with news of easing trade tensions between the United States and several […]
Selling Pressure Dominates USD/THB Pair Amid Improving Thai Economic Indicators
The U.S. dollar continues its downward trend against the Thai baht, hitting 32.82 yesterday—its lowest level since October 2, 2025—and is currently trading near the 33.00 level. The pair has dropped approximately 6% from the peak of 34.98 recorded on April 9, 2025, down to yesterday’s low of 32.82. It is also down about 4% […]
Brief Overview of Key Economic Events – Last Week
Last week brought a wave of important economic data highlighting a broad slowdown in the U.S. economy. Jobless claims increased, and GDP contracted by -0.3% for the first time in three years. Additionally, job openings, consumer confidence, and private sector employment all declined. However, the Non-Farm Payrolls (NFP) report offered a relatively positive figure of […]
U.S. Stock Indices Regain Momentum and Post Strong Gains
Since the beginning of this week and through yesterday, U.S. economic indicators have been disappointing. This includes the labor market, with declines in both job openings and the ADP private sector employment report, as well as economic growth, where GDP contracted by 0.3% in Q1 2025. This figure is below both expectations (0.2%) and the […]
Oil Falls 16% Year-to-Date Amid Economic and Trade Concerns
Oil prices dropped to $62.40 today, marking their lowest level since April 10, 2025, and are currently trading near $62.50. Prices have declined by around 16% since the beginning of the year, amid ongoing uncertainty in the oil market, which is being driven by several conflicting factors. Notably, crude oil prices reached as low as […]
Continued Upward Momentum for the DAX Amid Economic Challenges
The German DAX index continues its upward trend for the fourth consecutive session, recording 22,443 points yesterday — its highest level since April 2, 2025. The index has risen by approximately 21% since its low on April 7, 2025, when it reached 18,490 points, up to the peak recorded yesterday at 22,443 points. It has […]
Brief Overview of Key Economic Events from Last Week
Last week saw the release of several important economic indicators. U.S. initial jobless claims rose to 222,000, while crude oil inventories increased slightly by 0.244 million barrels. Durable goods orders came in strong, growing by 9.2%. New home sales improved to 724,000 units, and the Manufacturing PMI rose to 50.7 points. Meanwhile, the Services PMI […]
Australian Dollar Continues to Recover Amid Economic Pressures
The Reserve Bank of Australia (RBA) held interest rates steady at 4.10% during its meeting on April 1, 2025, for the second consecutive time. Recent Australian economic data indicate a weakening performance, as shown by the following: Retail sales declined by 0.2% month-over-month in February, falling short of expectations and the previous reading of 0.3%. […]
Bitcoin Hits Highest Level Since March Amid Resurgence in Bullish Momentum
Bitcoin prices surged to $94,700 yesterday, marking their highest level since March 2, 2025. The cryptocurrency has risen by approximately 27% from its April 7 low of $74,434 to the peak recorded yesterday. However, despite this recovery, Bitcoin remains down about 1% year-to-date. Notably, the strong correlation between Bitcoin and the tech-heavy Nasdaq 100 index […]