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‼️ Happy Morning ‼️
Hope, You have a Great Day Today...
Hope, You have a Great Day Today...
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‼️ Happy Morning ‼️
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Hope, You have a Great Day Today...
*WTI Crude Falls Below $60 as Trade Tensions and OPEC+ Moves Weigh on Market*
WTI crude dropped below $60 on Friday, set for a second consecutive weekly loss as rising US-China trade tensions darken demand prospects. A 145% US tariff on Chinese goods overshadowed a 90-day global reprieve, while OPEC+ output hikes stoked oversupply fears. Meanwhile, Iran sanctions and a prolonged Keystone pipeline shutdown add uncertainty to near-term supply dynamics.
*Highlights*
- WTI crude falls under $60; second weekly loss.
- US-China tensions escalate with 145% tariffs.
- OPEC+ to accelerate output increases, raising oversupply risks.
- New US sanctions target Iranian oil logistics.
- Keystone pipeline remains shut after spill, disrupting Canadian flows.
- Demand outlook weakens amid trade war pressures.
.
*Gold Hits Record High Above $3,200 Amid Trade Tensions, Fed Cut Bets*
Gold soared past $3,200 per ounce Friday, hitting an all-time high as US-China trade tensions flared and US inflation cooled unexpectedly. A weaker dollar and safe-haven demand boosted prices after Trump raised China tariffs to 145%. With CPI data showing a surprise decline, traders anticipate Fed rate cuts by June, adding further momentum to gold’s rally.
*Highlights*
- Gold hits record above $3,200/oz.
- US-China tensions rise with 145% tariffs on Chinese imports.
- 90-day tariff pause excludes China, fueling market anxiety.
- US CPI unexpectedly falls in March.
- Markets price in June Fed rate cut; full 100bps easing expected in 2025.
- Gold on track for best week since November.
WTI crude dropped below $60 on Friday, set for a second consecutive weekly loss as rising US-China trade tensions darken demand prospects. A 145% US tariff on Chinese goods overshadowed a 90-day global reprieve, while OPEC+ output hikes stoked oversupply fears. Meanwhile, Iran sanctions and a prolonged Keystone pipeline shutdown add uncertainty to near-term supply dynamics.
*Highlights*
- WTI crude falls under $60; second weekly loss.
- US-China tensions escalate with 145% tariffs.
- OPEC+ to accelerate output increases, raising oversupply risks.
- New US sanctions target Iranian oil logistics.
- Keystone pipeline remains shut after spill, disrupting Canadian flows.
- Demand outlook weakens amid trade war pressures.
.
*Gold Hits Record High Above $3,200 Amid Trade Tensions, Fed Cut Bets*
Gold soared past $3,200 per ounce Friday, hitting an all-time high as US-China trade tensions flared and US inflation cooled unexpectedly. A weaker dollar and safe-haven demand boosted prices after Trump raised China tariffs to 145%. With CPI data showing a surprise decline, traders anticipate Fed rate cuts by June, adding further momentum to gold’s rally.
*Highlights*
- Gold hits record above $3,200/oz.
- US-China tensions rise with 145% tariffs on Chinese imports.
- 90-day tariff pause excludes China, fueling market anxiety.
- US CPI unexpectedly falls in March.
- Markets price in June Fed rate cut; full 100bps easing expected in 2025.
- Gold on track for best week since November.
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Let us celebrate the birth of Lord Hanuman by embracing his values of loyalty, service, and devotion.
Happy Hanuman Janmotsav... 🚩🚩
Happy Hanuman Janmotsav... 🚩🚩
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‼️ Happy Morning ‼️
Hope, You have a Great Day Today...
Hope, You have a Great Day Today...
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‼️ Happy Morning ‼️
Hope, You have a Great Day Today...
Hope, You have a Great Day Today...
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‼️ *Happy Morning* ‼️
Hope, You have a Great Day Today...
Hope, You have a Great Day Today...
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‼️ Happy Morning ‼️
Hope, You have a Great Day Today...
Hope, You have a Great Day Today...