Monthly Archives: May 2025
Oil Rises on OPEC+ Output Hold and Venezuela Export Restrictions

Written on May 29, 2025 at 6:24 am, by pumarketings
Key Takeaways: *Oil prices climbed after OPEC+ kept its output policy unchanged and Chevron halted Venezuelan crude exports. *OPEC+ surprised markets by not increasing production; instead, it focused on setting 2027 output baselines. *Chevron ended contracts in Venezuela, tightening expected supply. Oil prices rose on Wednesday amid fresh supply concerns after OPEC+ opted to maintainContinue Reading
Gold Slips as Court Ruling on Trump’s Tariffs Boosts Risk Sentiment

Written on May 29, 2025 at 6:23 am, by pumarketings
Key Takeaways: *Gold prices slipped as risk sentiment improved following a U.S. court ruling against Trump’s tariff strategy. *Court decision lowers trade war risk, reducing safe-haven demand for gold. *Capital rotated into riskier assets, with equities and crypto rebounding modestly. Market Summary: Gold prices fell sharply during early Asian trading hours as global risk appetiteContinue Reading
Chart the Market (28/05/2025)

Written on May 28, 2025 at 5:31 am, by pumarketings
BTC, H4: Bitcoin (BTC) briefly surged to a fresh all-time high near $112,000, but the rally quickly lost steam, with prices retreating by nearly 2.5%, prompting market participants to question the sustainability of the breakout. The sharp pullback has led many to view the move as a potential false breakout. Although BTC managed a technicalContinue Reading