Monthly Archives: June 2025
Oil Prices Rise as Trade War Risk Returns, OPEC+ Maintains Output Hike
Written on June 3, 2025 at 7:23 am, by
Key Takeaways: *Crude oil prices surged as U.S.-China trade tensions intensified, lifting the market’s geopolitical risk premium. *OPEC+ confirmed a July supply increase of 411,000 barrels per day, signaling confidence in demand resilience. Crude oil prices extended gains at the start of the week, buoyed by escalating U.S.-China trade tensions that stoked geopolitical risk acrossContinue Reading
Euro Strengthens to One-Month High Ahead of Key ECB Decision
Written on June 3, 2025 at 7:21 am, by
Key Takeaways: *The euro gains to its one-month high against its peers on the back of solid economic indicators. *Today, the market will focus on the eurozone CPI to gauge the strength of the euro. The euro has extended its gains against major currencies, climbing to its highest level in a month as markets positionContinue Reading
Dollar Plummets to Fresh Low as Trade Concerns and Weak Data Fuel Selloff
Written on June 3, 2025 at 7:20 am, by
Key Takeaways: *The U.S. dollar faces headwinds as the market pivots accordingly with the new tariff threat from President Trump. *The U.S. ISM PMI readings came short, dampening the U.S. dollar’s strength. Market Summary: The U.S. dollar extended its decline, sinking to a new low of $98.58 in the previous session as market sentiment souredContinue Reading
