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🛢 Oil rises in thin holiday trading, supported by hopes of additional fiscal stimulus in China, the world's largest oil importer.
#OilMarket
#oil
#OilIndustry
#OilBoom
#trainding
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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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🟡 Gold prices fell on Tuesday as the yellow metal's safe-haven appeal diminished due to easing trade tensions between the US and its trading partners, while investors await US economic data to assess the path of Federal Reserve policy. 🟨 Spot gold fell 0.9% to $3,308.29 per ounce. 🟨 US gold futures fell 0.7% to $3,321.20. #CryptoAMA #newsdaily #InformedInvesting #market_tips #tradesafely
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🔵 In the long run, stock market news will be good. 📊 💡 In the 20th century, America suffered two world wars, devastating military conflicts, the Great Depression, 12 economic recessions, a terrifying financial panic, oil shocks, a flu pandemic, and the resignation of an indicted president. Yet, the Dow Jones rose from 66 points to 11,497. ⬅️ So wrote Warren Buffett in 2008. #CryptoAMA #newsdaily #InformedInvesting #GOLD_UPDATE #USDOLLAR
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