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Oil prices steady after a five-day rally as U.S. GDP growth of 4.3% offsets Venezuela supply risks and surprise U.S. crude stock builds in thin trade.
GBP/USD trades near 1.3400 after a key technical breakout as markets price a 90% chance of a Fed rate cut and rising odds of BoE easing later this year.
The BOJ’s 30-year high rate hike sent the yen to 157.7 per dollar, lifting Bitcoin near $88,900. With intervention looming, both markets face rising uncertainty.
Taiwan stocks closed up 0.83% as technology, plastics, and chemicals led gains. Strong movers, higher oil prices, and steady currencies supported market sentiment.
Oil prices rose 0.8% after the U.S. intercepted a Venezuelan oil tanker, reviving supply fears as Russia-Ukraine tensions and sanctions risks reshape crude markets.
EUR/USD trades near 1.1740 with a bullish bias intact as technical support holds and markets price just a 25% chance of a Fed rate cut in January.
XRP faces downside risk toward $1 as Peter Brandt flags a bearish double-top pattern, rising whale selling, and weak momentum across crypto markets.
U.S. stock futures steady as Micron surges on AI-driven earnings, while investors await CPI inflation data that could shape the Fed’s next rate decision.
Oil prices extend gains above $60 as Trump’s Venezuela tanker blockade and potential Russia sanctions raise supply risks, offsetting softer U.S. demand signals.
Gold steadies near $4,335 ahead of key U.S. inflation data as silver surges 130% this year, driven by Fed rate cuts, strong demand, and tight supplies.
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