Monthly Archives: June 2025
Chart the Market (11/06/2025)
Written on June 12, 2025 at 2:47 am, by
XAUUSD, H4: Gold prices remain supported above their long-term uptrend line established since last December, reinforcing the broader bullish structure despite recent corrective moves. After forming a series of lower highs following its all-time peak at $3,499.97, gold has found renewed support near the $3,300.00 level and has broken out of its short-term bearish pattern—suggestingContinue Reading
Crude Oil Slips as Demand Doubts Resurface
Written on June 12, 2025 at 2:45 am, by
Key Takeaways: *WTI dips as weak Chinese demand and rising U.S. fuel stocks outweigh trade talk optimism. *OPEC+ output is drifting higher, with risks of sharper supply increases into Q3. Market Summary: WTI crude prices dipped this week, retreating from recent highs as fragile demand signals and mounting supply risks overshadowed fleeting optimism around theContinue Reading
Sterling Slips as UK Labour Market Softens
Written on June 12, 2025 at 2:45 am, by
Key Takeaways: *The UK labour market is weakening, with rising unemployment and slower wage growth reinforcing dovish BoE expectations. *Markets now fully price in two BoE rate cuts by year-end, as fiscal headwinds and soft growth weigh on sentiment. *Sterling remains under pressure as resilient U.S. data and eurozone outperformance highlight GBP’s relative weakness. MarketContinue Reading
