OPEC+ picked the three-month option in the assumption that President-elect Donald Trump will issue more Oil sanctions on Iran and Venezuela.

The Euro has done a good job holding up despite all of the drama out of France.

PM Ishiba noted on Thursday that the government fully supports the Bank of Japan. US private employers hired 146,000 new workers in November. The US services sector grew less than expected in November.

For two consecutive trading sessions, the GBP/USD currency pair has been attempting to rebound upwards.

Since mid-November, Silver has been on a rebound with a reduced momentum.

We are in the last month of 2024 and it is clear that many investors have already significantly reduced their activities.

The GBP/USD pair has risen to 1.2711, marking the third day of sustained buyer activity.

Over the past 4 trading days, GLD has failed to bounce back into the standard deviation channel as buying interest has waned.

Asian markets displayed mixed results on Thursday after Wall Street reached record highs.

Bitcoin prices soared above the key $100,000 mark on Thursday, hitting new all-time highs, as Donald Trump’s imminent return to the White House sparked optimism for a more favorable regulatory environment for the digital assets industry.

Germany’s business outlook worsened in November, with the Ifo index dropping to 85.7, lower than expected, due to political instability and concerns over potential US trade tariffs under a Trump re-election.

The Pound Sterling rises as BoE Governor Andrew Bailey sticks to follow a gradual policy-easing approach.

The analysis provides traders with a structured framework to interpret the market’s upward movement.

Bitcoin, the world’s largest cryptocurrency, traded above $100,000 for the first time ever today.

Indian share markets are trading higher with the Sensex trading 203 points higher and Nifty trading 50 points higher.

Bitcoin has reached a record high of $103,091.89 at the time of writing, driven by significant spot Bitcoin ETF inflows and increased market activity.

Gold was little changed on Thursday as safe haven demand was limited despite France and South Korea turmoil.

The two market-leading weight loss/obesity drugs (GLP-1), Zepabound (Eli Lilly) and Wegovy (Novo Nordisk), just completed a clinical side-by-side trial.

FX markets are consolidating ahead of tomorrow’s big US jobs release and the dollar is a little softer after the ISM Services release disappointed expectations yesterday.

Friday is going to be the biggest day for this pair in the near future. This is because the Non-Farm Payroll announcement comes out of the United States, as well as the Employment Change numbers from Canada.