Chandan Gupta

The record-breaking US government shutdown is nearing an end after a group of moderate Senate Democrats agreed to support a deal to reopen the government and fund some departments and agencies for the next year, people familiar with the talks said.

BTC hits 20-day peak at $72,212, raising hopes for new all-time highs pre-Halving. Buy orders surpass sell orders by 6,000+ BTC. Bulls may encounter resistance near previous peak at $73,990.

Uncertain U.S. stock market sways with fluctuating Treasury yields. Rising 10-year Treasury notes reshape Fed rate cut expectations. Tech and crypto stocks flourish; Wells Fargo predicts high year-end S&P 500 target.

EUR/GBP exhibits a monthly Head and Shoulders Top pattern alongside a daily inverted Head and Shoulders Top formation, indicating potential trend reversals on different timeframes.

Mixed US data alters rate cut outlook, impacting DXY. Dollar's trajectory hinges on US inflation report and ECB policy. Yen approaches historic lows, Euro's fate tied to ECB's rate verdict.

Oil futures initially decline 3%, partially rebounding Monday. Geopolitical tensions impact supply outlook. Brent encounters technical barriers, but overall sentiment remains upbeat in the market.

Despite yield and dollar upticks, silver stays bullish. Asian central banks, notably China, wield significant influence on precious metals. CPI report could sway Fed policy, affecting silver prices.

Asian central banks' gold purchases drive prices to new highs. China's rising gold reserves underscore its gold asset strategy. Robust U.S. economy and inflation data indicate ongoing gold market expansion.

Weather fluctuations and production adjustments affect short-term prices, while pipeline maintenance impacts pricing. Warmer temperatures and ample supply contribute to a bearish market sentiment.