WTI Crude Oil Retreats from Intraday Gains Amidst Global Economic Uncertainty

The WTI crude oil market experienced a mixed start to the week, as prices initially surged but later retreated from intraday gains around $73.20. The volatile market environment can be attributed to conflicting factors such as challenges to oil output, the strengthening US Dollar, and market caution ahead of key.

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Gold Prices Show Intermediate Support at $1,943 Amidst Expectations of Fed Interest Rate Hike

Gold prices experienced a temporary respite in the early European session as XAU/USD found intermediate support around $1,943.00. However, despite this short-term stabilization, further losses are anticipated for the precious metal. The primary catalyst for this downward pressure is the Federal Reserve’s expected decision to raise interest rates as a.

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Natural Gas Buyers Eye $2.30 Round Figure as Resistance Line Breakout Looms

Natural Gas buyers are intently observing the market’s movements as they await a critical breakout above the two-week-old descending resistance line, located at approximately $2.28. This significant milestone holds the potential to propel the commodity towards the coveted $2.30 round figure. Market participants are closely analyzing the factors influencing this.

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Silver Prices Extend Decline, Hover Near Key Support Level as Market Sentiment Turns Bearish

Silver prices struggle as selling pressure mounts Silver prices are experiencing a continued decline, signaling a bearish sentiment in the market. Following a rejection slide from the $24.00 mark, which coincides with the 38.2% Fibonacci retracement level, the white metal is drifting lower for the second successive day. With its.

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Export Awareness Programme in Morigaon: Boosting Trade Opportunities in Assam

The District Industries and Commerce Centre in Morigaon, Assam, recently organized an Export Awareness Programme to promote trade opportunities and expand the export potential of the region. This article provides a comprehensive overview of the programme, its significance, and the initiatives undertaken to enhance export awareness and participation. Introduction to.

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FMCG Sector Q4 Review: Sustaining Momentum with Healthy Volume and Margin Growth

The FMCG (Fast-Moving Consumer Goods) sector has witnessed robust growth in the fourth quarter, driven by healthy volume and margin expansion. This article provides a comprehensive review of the FMCG sector’s performance during Q4, exploring the factors contributing to its growth and examining its potential to sustain momentum. Understanding the.

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OPEC Denies Media Access to Reuters, Bloomberg, WSJ for Weekend Policy Meets

The Organization of the Petroleum Exporting Countries (OPEC) has recently made a decision to deny media access to prominent news outlets, including Reuters, Bloomberg, and The Wall Street Journal (WSJ), during its weekend policy meetings. This article examines the implications of OPEC’s media access denial and provides an analysis of.

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Gold Price Slides Down Sharply: Understanding the Factors Behind the Decline

The gold market has recently witnessed a significant decline in prices, leaving investors and market participants curious about the underlying factors. In this article, we delve into the reasons behind the sharp decline in gold prices and analyze the potential implications for investors. With a focus on the commodity market,.

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US Requests Dispute Settlement Consultations with Mexico Over GM Corn

In a significant development, the United States has requested dispute settlement consultations with Mexico concerning the issue of genetically modified (GM) corn. This article delves into the implications of this action and explores the potential outcomes of the dispute settlement process. With a focus on the agricultural industry, we examine.

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Natural Gas Prices Retreat Amid Increasing Open Interest and Volume

Introduction Natural gas prices experienced a significant retreat on Thursday, reflecting a downward trend influenced by growing open interest and volume. This development raises the possibility of further losses in the near future. As the market contends with various factors, such as increasing open interest and a contentious area around.

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Copper Prices Stabilize, but Face Bearish Indicators and Major Breakdown

Introduction Copper prices have witnessed a period of stabilization this week, following a recent decline that saw the metal breaking below its 200-day moving average (DMA) and key range lows at $8,442/8368. However, despite this temporary respite, medium-term weekly MACD momentum has entered negative territory, further hinting at potential bearishness..

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WTI Oil Rebounds from 200-Week SMA Support, Aims to Recover Ground

Introduction In recent trading sessions, the price of West Texas Intermediate (WTI) oil has experienced a decline, dipping below all major daily and weekly Simple Moving Averages (SMAs), except for the crucial 200-week SMA, which stood firm at $66.90. This article explores the significance of this price action, highlighting the.

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