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Oil Price Jump on Geopolitical Tension Despite OPEC Raise Oil Supply

Key Takeaways: *Crude Oil prices jump on the back of escalating Ukraine-Russia tension. *OPEC raised oil supply by 410,000 barrels per day in July. Crude oil prices opened the week with strong gains as escalating geopolitical tensions in Eastern Europe raised concerns about potential supply disruptions from Russia, one of the world’s largest oil producers.Continue Reading
Gold Rises as Trade Policy Uncertainty Revives Safe-Haven Demand

Key Takeaways: *Ukraine attacked Russia before the peace talks on Monday, heightened geopolitical tension. *Trump is said to raise tariffs on imported Steel and Aluminium, sparking market uncertainties. *The softening of the dollar’s strength is bolstering gold prices. Gold prices gained momentum at the start of the week as investors sought safe-haven assets amid growingContinue Reading
Written on June 2, 2025 at 2:52 am
Categories: Daily Market Analysis
Tags: dollar, Gold, Russia-Ukraine, Trump
Dollar Slips Below 100 as Trade Tensions Resurface; Eyes on Powell and ISM PMI

Key Takeaways: *Market uncertainties surrounding White House trade policy weakened the dollar’s strength. *Market eyes on today’s U.S. PMI reading to gauge the strength of the dollar. Market Summary: The U.S. dollar extended its losing streak, falling more than 0.5% last Thursday and continuing to slide at the start of the week, with the DollarContinue Reading
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