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🛢 Oil rises as US oil inventories decline and expectations grow that the US Federal Reserve will continue its interest rate cut path.
#OilMarket
#oil
#OilIndustry
#OilBoom
#TreasuryDepartment
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⭕ Meta shares jumped more than 3% in after-market trading after the company reported quarterly results that exceeded market expectations: - Earnings per share: $6.43 vs. $5.28 expected - Revenue: $42.31 billion vs. $41.40 billion expected #CryptoAMA #newsdaily #InformedInvesting #market_tips #Market_Update
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⭕Analysts expect gold to rise to $6,000 per ounce! 📊 Frank Holmes, CEO of U.S. Global Investors and Chairman of Hive Digital Technologies, expects the price of gold to reach a record high of $6,000 per ounce by the end of US President Donald Trump's second term. ⬅️ Holmes attributed this scenario to key factors, most notably the restructuring of the global financial system, the gradual decline in reliance on the US dollar, and the significant increase in gold purchases by governments and central banks, particularly in China. #CryptoAMA #BinanceAlphaAlert #AirdropStepByStep #AITokensBounce #BTCRebound
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🔵 Here are the most important market developments: • The market remains calm amid anticipation of the resumption of Sino-US trade negotiations. • Trump is also expected to announce a partial easing of tariffs on the auto sector this evening, Tuesday. ⬅️ This could put downward pressure on gold and support commodity currencies like the New Zealand and Australian dollars, etc. • Major corporate earnings will also be announced, so active market activity is expected today and tomorrow. #CryptoAMA #GOLD_UPDATE #StocksDown #EducateYourself #PriceCorrection
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🔴 [Quick Facts]: • Trump seeks to mitigate the impact of auto tariffs, and may take action before Tuesday. • The US Treasury Department raised its quarterly borrowing estimates as its cash reserves are depleted by the debt crisis. • Iran proposes a meeting with Europe before upcoming talks with the US. • US tariffs are backfiring on agriculture: canceling orders, lowering prices, and exacerbating the crisis. • Rehn: The European Central Bank should not rule out further interest rate cuts. #CryptoAMA #AbuDhabiStablecoin #TrumptaxCuts #AirdropStepByStep #AITokensBounce
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🔴 Crude oil prices fell during trading on Tuesday, amid declining investor expectations for demand growth due to the ongoing trade war between the US and China, the world's two largest economies. 🔻 Brent crude futures fell 0.79%, reaching $65.34 per barrel. #CryptoAMA #OilMarket #oil #OilIndustry #OilBoom
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