China’s Economic Recovery Could it Support Oil Prices?
By Terence Hove Financial Markets Strategist Consultant
Crude oil futures could see better prospects as traders return from the holiday break, focusing on a potential recovery in China’s economy and fuel demand. President Xi Jinping’s pledge to implement growth-supportive policies in 2025 has prompted market participants to assess the broader economic outlook. With China being the world’s largest oil importer,...
Gold Prices Rise in Early 2025 Following Strong Yearly Performance
By Joseph Dahrieh, Managing Principal at Tickmill
Gold prices rose on Thursday, after a volatile end of the year. The asset found support throughout 2024 thanks to expectations of decreasing interest rates, strong central bank buying activity, and heightened geopolitical tensions that pushed demand for the precious metal and its prices to record highs.
Market participants are...
