Monthly Archives: May 2025
Crude Oil Rallies on Trade Optimism and Demand Prospects
Written on May 12, 2025 at 12:18 am, by pumarketings
Key Takeaways: *Crude oil prices rallied amid improving global risk sentiment and optimism over U.S. trade deals with the U.K. and China, boosting expectations for stronger energy demand. *OPEC+ production increases remain a key supply-side risk, with output rising by 411,000 barrels per day in June, reversing nearly half of previous cuts since 2022. CrudeContinue Reading
Chart the Market (09/05/2025)
Written on May 9, 2025 at 5:50 am, by pumarketings
XAUUSD, H4: Gold prices surged at the start of the week, breaking above previous resistance near the $3,350 level and briefly touching all-time highs around $3,490. However, the rally quickly lost steam as a shift in market sentiment—driven by underlying fundamentals—triggered a sharp pullback. The subsequent decline erased earlier gains and signaled a bearish reversal,Continue Reading
Wall Street Extends Rally on UK-U.S. Trade Deal Optimism
Written on May 9, 2025 at 5:44 am, by pumarketings
Key Takeaways: *U.S.-UK trade deals boost sentiment in Wall Street. *U.S. Initial Jobless Claims came soft, harming Wall Street risk appetite. All three major U.S. equity indices—Dow Jones, Nasdaq, and the S&P 500—closed higher in the latest session, continuing their upward trajectory. However, signs of waning momentum suggest the rally may be approaching a near-termContinue Reading
