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Oil Rises on OPEC+ Output Hold and Venezuela Export Restrictions

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

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
Written on May 29, 2025 at 6:41 am
Categories: Daily Market Analysis
Dollar Index Rises Ahead of Fed Minutes as Trade Policy Uncertainty Lingers

Key Takeaways: *Dollar Index extends gains following strong U.S. economic data and improving risk sentiment. *Trade policy uncertainty remains, despite a legal blow to Trump’s tariff agenda. *Fed minutes in focus for clues on future interest rate decisions. The Dollar Index, which tracks the greenback against a basket of six major currencies, extended its upwardContinue Reading
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