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Wednesday, April 29, 2026

OPEC Fractures: What UAE’s Exit Means for the Oil Market

By Ignacio Teson, Economist and Financial Analyst
Wednesday, Apr 29, 2026
2 mins read
Rising oil prices have pushed stock prices down this week.
The decision, published by the state-run Emirates News Agency, stated that the UAE will officially leave both OPEC and OPEC+ on May 1.
2 h

WTI Crude Oil (USOIL) Holds Bullish Channel: $105 Breakout or Pullback to $97?

By Arslan Butt, Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)
Wednesday, Apr 29, 2026
2 mins read
By 29th April 2026 (morning trading and all that) WTI Crude Oil - or to be more specific, USOIL - is trading around $101-$103 per barrel.
5 h

Bitcoin Eyes $80K Breakout as Big Tech Earnings Trigger Volatility

By Arslan Butt, Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)
Wednesday, Apr 29, 2026
1 mins read
As of April 29, 2026, Bitcoin is trading between $76,500 and $77,800. The price is consolidating near key resistance, and volatility...
5 h

Dogecoin to $1? SpaceX IPO Hype Sets Up Massive Breakout

By Arslan Butt, Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)
Wednesday, Apr 29, 2026
2 mins read
As of April 29, 2026, Dogecoin (DOGE) is trading between $0.098 and $0.105. The coin is gaining momentum thanks to new excitement...
5 h

Hedge Funds Hit Record Leverage on $31 Trillion Treasury Market: Systemic Risk Warning

By Arslan Butt, Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)
Wednesday, Apr 29, 2026
2 mins read
Hedge funds have taken leverage in the U.S. Treasury market to record levels. They now own about 8% of the $31 trillion market...
6 h
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Coinbase Earnings on May 8 Will Be About More Than Just Trading Volume

By Sophia Cruz, Financial Writer - Asian & European Desks
Wednesday, Apr 29, 2026
2 mins read
Coinbase reports its first quarter results after the close on May 8, and for anyone following the stock, the headline trading volume figure.
7 h

Forex Markets Hold Their Breath as Iran Talks Go Quiet and the Fed Prepares to Speak

By Sophia Cruz, Financial Writer - Asian & European Desks
Wednesday, Apr 29, 2026
2 mins read
Tuesday morning in Asia was not the kind of session that produces much to write home about.
7 h

Dollar Holds Its Ground as Markets Wait on the Fed and the War

By Sophia Cruz, Financial Writer - Asian & European Desks
Wednesday, Apr 29, 2026
2 mins read
Japan was out for a holiday, which thinned out Asian trading considerably, and what was left of the market was not in a hurry to go anywhere
7 h

Spotify Earnings Beats Q1 Estimates, But Weak Outlook Sends SPOT Stock Tumbling 12%

By Arslan Butt, Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)
Wednesday, Apr 29, 2026
2 mins read
Spotify Earnings Beats Q1 Estimates, But Weak Outlook Sends SPOT Stock Tumbling 12%
Spotify Technology SA posted first-quarter results that surpassed estimates on Tuesday, but the market was in no mood to party. SPOT shares
9 h

XRP ETF Inflows Surge in April: Can Bulls Reclaim $1.40 or Test $1.36 Next?

By Maham Arslan, Crypto News Writer | Blockchain & Web3 Reporter
Wednesday, Apr 29, 2026
2 mins read
As of April 29th, 2026 a little after the morning trading session started , XRP is dancing in the $1.38 to $1.40 range USD, showing...
9 h
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Gold Falls to Lowest Level in Nearly Four Weeks, Nears $4,590/Oz

By Olumide Adesina, Financial Market Writer
Wednesday, Apr 29, 2026
1 mins read
Bullion was close to $4,590 per ounce after declining 2.4 percent over the preceding two sessions to the lowest level in nearly four weeks
9 h

Goldman Sachs Restricts Hong Kong Staff from Anthropic’s Claude AI

By Olumide Adesina, Financial Market Writer
Wednesday, Apr 29, 2026
1 mins read
Goldman's action resulted from the US bank interpreting its contract with Anthropic strictly after consulting with the company and determining that the bank's employees
9 h

Microsoft Ends Revenue Share Payments to OpenAI

By Olumide Adesina, Financial Market Writer
Wednesday, Apr 29, 2026
1 mins read
Microsoft’s OpenAI Shake-Up Clouds Outlook Before Results
Microsoft (MSFT) shares decreased on Monday as the tech giant and OpenAI (OPENAI)
9 h

Market Sentiment Pulse – A brief update on what’s moving markets and why – April 29, 2026

By Louis Schoeman, Financial Writer
Wednesday, Apr 29, 2026
2 mins read
daily-post-with-ai-post
Market Sentiment Pulse – Cautious Optimism Amid Mixed Economic Signals As traders navigate through a week marked by volatility, the forex market is experiencing a cautious optimism. Key economic indicators...
9 h

Oracle, CoreWeave Back OpenAI After Report Reveals Missed Sales and User Targets

By Olumide Adesina, Financial Market Writer
Wednesday, Apr 29, 2026
1 mins read
Oracle (ORCL) and CoreWeave (CRWV) supported OpenAI
9 h
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Silver Price Forecast: XAG Faces Sixth Straight Deficit: $72 Support in Focus as Channel Breaks?

By Arslan Butt, Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)
Wednesday, Apr 29, 2026
2 mins read
As of April 29, 2026 (Trading started on a pretty gloomy morning), Silver is sagging around $73.80-$74.50 per ounce, showing...
9 h

Gold Price Forecast: XAU/USD Nears $4,590; FOMC & Oil Inflation Weigh – $4,485 Next?

By Arslan Butt, Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)
Wednesday, Apr 29, 2026
2 mins read
As of April 29, 2026 - and morning trading is showing us - spot gold is hovering near $4,590-$4,626 per ounce, but seems...
10 h

Bitcoin Holds Steady Near $77,000 as Geopolitical Tensions and Fed Decision Loom

By Arslan Butt, Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)
Wednesday, Apr 29, 2026
2 mins read
Bitcoin Holds Steady Near $77,000 as Geopolitical Tensions and Fed Decision Loom
Bitcoin is faring surprisingly well amid rising global concern, trading in a narrow range below $77,000 as oil prices spike and markets look
10 h

US Imposes 35 New Sanctions on Iran in Operation Economic Fury, Focusing on Crypto

By Arslan Butt, Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)
Wednesday, Apr 29, 2026
1 mins read
The U.S. Treasury Department, under Secretary Scott Bessent, has increased its “maximum pressure” campaign...
10 h

XRP Breaks Below $1.40 Support: Bearish Breakdown or Buy the Dip?

By Arslan Butt, Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)
Wednesday, Apr 29, 2026
1 mins read
XRP has dropped below the important $1.40 support level and is now...
10 h
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