Cocoa is in the midst of a corrective phase following a significant bullish run.

The National Bank of Romania has decided on a second consecutive 25bp rate cut to 6.50%, motivated by the recent reduction in inflation and its downwardly revised forecasts which opened up some policy space.

The GBP/USD currency pair has seen increased losses since the start of this week, extending its decline to the support level of 1.2662, its lowest in over a month.

The news media and investors are rapidly realizing that the growth of artificial intelligence will require massive increases in available electrical power.

Dovish Fed expectations and geopolitical risks assist the Gold price to attract dip-buyers. Stability in the equity markets might cap the metals. Bears wait for a sustained break below the 50-day SMA before placing fresh bets.

During this morning’s Asian trading session, the price of gold received support at the $2390 level.

Since 1979, the top income earners in America have seen their real wages grow at more than double the rate of every other income group. Given this rise, income inequality in the U.S. exceeds nearly every other rich nation, driven by several factors.

It looks like we are going to continue to see a lot of negative pressure. We are sitting below the 200-Day EMA, and it looks very likely that we will continue to see a lot of negativity going forward.