Business news

Bitcoin price prediction: BTC path to $300,000 revealed

The Bitcoin price has remained under pressure this year, dropping from a record high of $109,300 to its current level of $84,640. Still, the technicals and its historical performance points to an eventual surge to a record high in the long term. This...

GE stock price forms giant megaphone pattern ahead of earnings

GE Aerospace’s stock price is under pressure in 2025 as last year’s rally takes a breather and as investors assess the impact of Donald Trump’s tariffs on all countries. The stock was trading at $181.80 on Thursday, down by 15% from its highest...

FTSE 100 and FTSE 250 shares to watch: Debenhams, Asos, Unilever, St. James Place

The FTSE 100 and FTSE 250 indices have rebounded over the past two weeks as European stocks have emerged as safer havens amid the ongoing trade war. The mid-cap FTSE 250 index rose to £19,250, up from this month’s low of £17,500.  Similarly, the...

Nikkei 225 index forecast amid Japan-US talks, USD/JPY crash

The Nikkei 225 index has bounced back this month as the US and Japan continued their negotiations on tariffs. After falling to a low of ¥30,800 on Trump’s Liberation Day, it has rebounded by over 12.4% to the current ¥34,610. It is hovering at the hi...

Brazil’s Petrobras cuts diesel prices in response to falling crude prices

Petrobras, Brazil’s state-run oil giant, has announced that the price of diesel sold to distributors will be reduced by an average of 0.12 real ($0.0205) per litre beginning Friday. According to Reuters, the move follows recent drops in global...

SovEcon raises forecasts for 2025 Russian wheat output on better winter survival rates

SovEcon, a leading agricultural consultancy, has revised its forecast for Russian wheat production upwards.  The new estimate projects a harvest of 79.7 million metric tons, representing a substantial increase of 1.1 million metric tons from the...

OPEC+ remains in control despite weakening demand and US-China tariff tensions

Oil prices may fall to $50 per barrel as trade tensions between the US and China show no signs of abating.  In such a scenario, the Organization of the Petroleum Exporting Countries remains in control of the oil market.  The escalation of t...

ECB cuts rates by 25 bps as inflation eases, but warns trade tensions cloud growth outlook

The European Central Bank on Thursday reduced its key interest rate by 25 basis points, citing easing inflation and mounting risks to economic growth from trade tensions and business pessimism. The move was in line with most expectations. It marks th...

Czech Republic ends reliance on Russian oil after 60 years

The Czech Republic had achieved full independence from Russian oil supplies for the first time in its history, government officials announced on Thursday.  This milestone was reached due to the completion of capacity upgrades on the TAL pipeline...

Long XAU/GBP: breakout above key highs hints at accelerated bullish run to 2,600 level

Sainsbury’s shares rise as profit tops £1bn; analysts flag cautious guidance amid price war risks

Shares in J Sainsbury PLC surged on Thursday, closing up 4% at 257.8p, making it the top performer on the FTSE 100 index. The rally came after the British supermarket giant reported its full-year financial results, which showed a 7.2% rise in retail...

Red alert: SCHD ETF just flashed a rare risky pattern

The Schwab US Dividend Equity (SCHD) ETF has crashed in the past few weeks, and this trend may continue after it formed a risky chart pattern. It was trading at $25.10 on Wednesday, down by 13.25% from the highest point in December.  SCHD ETF st...

What is the real economic impact of mass deportations in the US?

Millions of jobs. Billions in output. A key driver of the US labour market for over two decades will be shaken up. The Biden-era approach to immigration left room for labour force participation and tax contribution from undocumented immigrants. The T...

Analysis: crude oil set for weekly rise in 3 weeks; will gains hold?

Oil prices rose on Thursday due to tighter supply expectations after Washington imposed additional sanctions on Iranian oil trade.  Additionally, some Organization of the Petroleum Exporting Countries producers also pledged more output cuts to o...

Top crypto price predictions: Mantra, Onyxcoin, and IOTA

Top crypto prices remained under pressure this week as market participants focused on the ongoing trade war between the US and other countries. Bitcoin was stuck around $84,000, while the crypto fear and greed index moved to the fear zone of 25. This...

As the Nasdaq 100 index crashes, is it safe to buy the dip?

The Nasdaq 100 Index remains under pressure after forming a death cross pattern a few weeks ago. It has retreated to $18,257, down by over 17.8% from its highest point this year, meaning that it is in a deep correction and is about to enter a bear ma...

OPEC receives updated output cut compensation plans from Iraq, Kazakhstan and others

The Organization of the Petroleum Exporting Countries announced on Wednesday that it has received revised plans from member countries Iraq and Kazakhstan, as well as other nations within the alliance, detailing their strategies to implement additiona...

Brazil faces record public debt risks as government calls for fiscal consolidation amid rising interest rates

Brazil’s government has flagged rising risks tied to public debt renegotiation, with a record level projected for 2025 as a larger portion of debt remains exposed to short-term interest rates. In a fiscal risks annex to the 2026 budget guidelines bil...

Long Palladium: rebound fueled by supply risk and technical breakout aims for $1,020 resistance zone

Long Silver: breakout above $32.50 sparks rally on safe-haven demand and trade war fears