Oil prices climb ove...from Irie

01 Dec 2025, 13:44 · Views 89

Oil prices climb over 1% after OPEC+ reaffirms pause; supply risks in focus Oil prices rose more than 1% in Asian trading on Monday, supported by OPEC+’s reaffirmation to hold output steady during the first quarter, and by renewed supply concerns stemming from geopolitical tensions. As of 20:52 ET (01:52 GMT), Brent Oil Futures expiring in February rose 1.2% to $63.13 per barrel, while West Texas Intermediate (WTI) crude futures also jumped 1.2% to $59.27 per barrel. #CrudeOil# #OPEC#

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Irie

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🌅 Good Morning Traders! Ready for another action-packed market day? 🔥 With global cues mixed and volatility picking up, traders are gearing up for sharp moves across forex, commodities, and indices. 📊 Before we dive in — what’s your take on today’s market scenario? 📋 POLL: How do you expect the markets to trade today? 1️⃣ Bullish – expecting upside momentum 2️⃣ Bearish – likely downside pressure 3️⃣ Range-bound – limited movement 4️⃣ Highly volatile – big swings both ways Cast your vote and let’s see what the community thinks! 🚀📈 Have a profitable day ahead! 💹✨ #newbeginning# #newday# #bullish# #bearish#

Irie

EUR/JPY Price Forecast: Bullish outlook prevails above 181.00 EUR/JPY softens to around 181.05 in Friday’s early European session. A positive view of the cross remains intact above the 100-day EMA, with the bullish RSI indicator. The initial support level is seen at 179.41. #EURJPY #euro# #Japan# #Yen#

Irie

Massive Bitcoin ETF Outflows Shake the Market — But a Comeback Begins Spot Bitcoin ETFs saw $1.2B in outflows this week, one of the worst since launch. Thursday alone saw $900M withdrawn, the second-biggest daily outflow ever. This happened during Bitcoin’s six-week price drop, briefly touching $81,000 — down about 33% from October’s $126K high. Outflows increased as investors reacted to: Lower chances of a 3rd Fed rate cut in 2025 Worries about overvalued AI stocks Reduced appetite for risk assets BlackRock’s IBIT faced the hardest hit with over $1B outflows, followed by GBTC and FBTC. Friday reversed the mood — ETFs saw new inflows, including: Fidelity’s FBTC: +$108M Grayscale’s mini trust and GBTC also gained fresh investments. Analysts like Eric Balchunas stay positive, saying Bitcoin often rebounds stronger, calling it “like hot sauce” — volatile but powerful long term. #Bitcoin# #cryptocurrency#

Irie

U.S. Data Watch – Dec 5, 2025

Irie

Meta in Talks to Buy Google Chips; NVIDIA Hit, Alphabet Surges Meta is discussing a multi-billion-dollar deal to buy Google’s AI chips (TPUs) for its data centers starting 2027, per The Information. Meta may also rent TPUs from Google Cloud as early as next year. If finalized, this would be Google’s first major move to sell TPUs externally, shifting it from internal-use chips to direct competition with NVIDIA. Google Cloud executives believe the strategy could capture up to 10% of NVIDIA’s annual revenue. Market reaction: NVIDIA −4.1% premarket, set to lose ~$180B in market cap. Alphabet +4%, on track toward a $4T valuation. Takeaway: A Meta–Google chip deal would be the first real threat to NVIDIA’s dominance in AI hardware. #meta #nvidia #alphabet #google

Irie