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Bitcoin extended its recent decline on Monday, opening at $83,092 before falling to an intraday low near $81,789, a drop of approximately 1.86%.  The world’s largest cryptocurrency by market capitalisation came under broad pressure alongside equities and gold after September’s consumer price index report exceeded forecasts, reigniting fears of further monetary tightening. Orminda analyses the...

Nvidia shares closed at $221.30 on Monday, down $7.22 or 3.16%, as the semiconductor sector faced a broad selloff triggered by hotter-than-expected September inflation data.  The decline pulled the stock further from its 52-week high of $243.37, with the chipmaker’s market capitalisation settling near $5.51 trillion after its steepest single-session loss in over a month....

Spot gold dropped sharply on Monday, sliding 1.69% to close at $4,106.80 per ounce after the Bureau of Labor Statistics reported September consumer price index figures that exceeded market expectations. The yellow metal, which had been trading comfortably near $4,155 earlier in the session, surrendered approximately $70 in a swift reversal as traders repositioned around...

Brent crude advanced 1.31% to settle at $108.70 per barrel on Monday, while West Texas Intermediate gained 1.26% to close at $95.33.  The rally came as Houthi militants intensified drone and missile strikes against Saudi Arabian energy infrastructure over the weekend, reigniting supply disruption fears that had eased modestly through late September. Orminda evaluates the...

The S&P 500 fell 0.78% to close at 7,744.46 on Monday as a combination of disappointing bank earnings and hotter-than-expected inflation data dampened sentiment across US equity markets. The Nasdaq Composite dropped 1.11% to 26,902.12, while the Dow Jones Industrial Average edged down 0.04% to 51,650.59, supported by defensive positioning in healthcare and utilities names....

Ethereum (ETH) maintains a bullish higher-time-frame structure, although short-term price action suggests a potential correction toward 2,000–2,250 before the next rally begins.  According to the Elliott Wave Principle, ETH has completed a five-wave advance from its June low, signaling a possible transition from prolonged consolidation to a new bullish cycle. Gain a deeper understanding of...

The US Dollar Index (DXY) trades near 101.90, extending losses for a second consecutive session during Asian trading. This article explores the topic in detail, featuring expert insights from Chilli Markets. The index, which measures the US dollar against six major currencies, remains below 102.00, indicating weakening short-term momentum. Nevertheless, the broader technical outlook remains...

The EUR/JPY cross trades around 177.30 during Friday’s early European session, remaining below the 177.50 psychological resistance level as deteriorating technical momentum and shifting monetary policy expectations reinforce a bearish near-term outlook. The pair’s inability to establish a sustained recovery suggests that selling pressure remains dominant, particularly while spot trades beneath its key moving averages....

The USD/CAD currency pair remains under bearish pressure for a second consecutive trading session, fluctuating around 1.4170–1.4175 during Asian trading. Gain valuable insights into this topic from the experts at Chilli Markets. The pair is trading near a more-than-two-week low and appears positioned to record a weekly decline as weakening US Dollar momentum coincides with...

Silver (XAG/USD) consolidates its recovery near $57.60 during the European trading session, supported by a pullback in the US Dollar (USD) and shifting expectations for Federal Reserve monetary policy. Explore this topic in greater depth with expert insights from Chilli Markets in this article. Despite the rebound, the precious metal retains a bearish short-term technical...