Monthly Archives: June 2025
41654156156Oil Prices Hold Near Monthly Highs Amid Competing Market Forces
Written on June 4, 2025 at 6:49 am, by
Key Takeaways: *Crude oil prices remain elevated as the market forecasted better-than-expected demand ahead. *The oil market is closely watching the development of U.S. trade policy, which could ultimately impact oil demand. Crude oil prices continue to trade near monthly highs around the $63.00 level, supported by improving demand fundamentals but facing headwinds from broaderContinue Reading
U.S. Dollar Gains Momentum Ahead of Key Jobs Data Amid Improving Risk Sentiment
Written on June 4, 2025 at 6:48 am, by
Key Takeaways: *The U.S. dollar gained ahead of today’s ADP job data as the JOLT’s Job Opening data came beating market expectations. *Better-than-expected U.S. economic indicators bolster Wall Street sentiment. Market Summary: The U.S. dollar strengthened in the previous trading session as markets positioned themselves ahead of today’s crucial ADP employment report, a key precursorContinue Reading
