IEA projects global oil demand decline of 1.1 million barrels per day in 2026 as Iran war reshapes energy markets

The post Gold Price Forecast: XAU/USD wavers around $4,100 with the bearish trend intact appeared on BitcoinEthereumNews.com. Gold (XAU/USD) nurses minor losses with price action contained within Thursday’s trading range, around the $4,100 level, set for 1.6% weekly depreciation. Precious metals struggled this week as the resumption of hostilities in Iran boosted Oil prices, pressuring central banks to hike interest rates. Markets are looking for direction on Friday amid a tense calm, and rumours that mediators are working to bring Washington and Tehran back to the negotiating table. Axios cited a US official affirming on Friday that the US is still committed to finding a resolution and that technical talks to reach a nuclear deal continue. The US Dollar Index, which measures the value of the Greenback against a basket of six peers, has bounced from levels near three-week highs amid a cautious market mood, and is drawing closer to the 101.00 level, which keeps Gold upside attempts limi

The post Wall Street analyst raises Gold price target for 2026 appeared on BitcoinEthereumNews.com. Bob Bracket, a Wall Street analyst at Bernstein Research, has raised his Gold (XAUT) price target for the end of the year and the second half of 2026. Bracket raised the firm’s 2027 gold price forecast to $4,533 per ounce, signaling a potential 10.9% upside from the asset’s price of about $4,087.79 on July 10. At the beginning of this month, the firm set its 2026 gold price target at $4,180 per ounce, but has since revised. Additionally, Bracket set the firm’s second-half 2026 gold price target at $4,375 per ounce, implying a possible 7.0% upside over the coming months. The Wall Street analyst reiterated the same tailwinds likely to push gold higher in the near future. For instance, Bracket cited the strong demand for gold from global central banks, led by the People’s Bank of China (PBOC). He further noted that the asset has strong institutional support, as evidenced by limited outflows

The post IEA confirms: Oil demand to rise by 1.2M bpd YoY in Q4 appeared on BitcoinEthereumNews.com. According to the latest forecast from the International Energy Agency (IEA), the global Oil demand will rise by 1.2 million barrels per day (bpd) Year-on-Year (YoY) in the last quarter of this year. The agency also forecasts that the oil supply will expand 7.5 million bpd this year if transits improve. The IEA also stated that the oil demand will ease to 1.7 million bpd in the third quarter from 4.8 million in the April-June period. Considering the latest Ukraine attacks on Russia’s energy infrastructure, the agency has downgraded its projections on Russian oil production. It expects oil output from Russia to reach 8.9 million bpd this year and 8.8 million bpd in 2027, down from 9.2 million bpd in 2025. Market reaction There seems to be no immediate impact on oil prices from IEA’s oil demand forecasts. At press time, the WTI Oil price trades marginally lower to near $71.45. WTI Oil FAQs

The ongoing decline in Russian oil production due to infrastructure attacks could destabilize global energy markets and shift geopolitical alliances. The post IEA slashes Russian oil output forecast as Ukrainian drone strikes take their toll appeared first on Crypto Briefing.

The post Technoprobe AI Growth Drives Record 2026 Financial Surge appeared on BitcoinEthereumNews.com. Few European companies have captured the AI investment moment quite like Technoprobe. The Italian semiconductor testing firm has become one of the continent’s most watched tech stocks, riding a wave of surging demand for AI chip testing that has turned its financial results — and its share price — into a case study in how the AI revolution translates into real industrial winners. Key takeaways Technoprobe’s stock surged 129% year-to-date in 2026, and has gained more than 330% over the past twelve months, making it one of Europe’s top performing tech stocks. Q1 2026 revenue hit €187 million, up 19% year-over-year, with EBITDA rising 44.2% to €69.2 million. The company raised its full-year 2026 revenue guidance to €950 million–€1.05 billion, pulling forward targets originally set for 2027. Shares jumped 36% in a single session on May 15 after the guidance upgrade was announced. Bank of

The migration of AI professors to industry giants risks stifling academic innovation, potentially consolidating AI advancements within a few corporations. The post OpenAI, Anthropic, Google, and Meta poach 22 professors from top universities in 2026 appeared first on Crypto Briefing.

The post Solana (SOL) FUD Hits 2026 High: Why It Could Be a Bullish Twist appeared on BitcoinEthereumNews.com. Trading volume for Solana has fallen to 2026 lows as record negative sentiment raises the possibility of a surprise market reversal. Solana’s recovery appears to have lost momentum after it shed over 6% in the past week. As it currently trades near $77, it is facing its most negative market sentiment of 2026. In fact, SOL’s trading volume has dropped to its lowest point in 2026, while negative commentary surrounding the asset has surged to its highest daily level this year, according to Santiment. Rebound Setup Emerges Much of the disappointment stems from expectations that strong narratives around tokenized stocks and real-world asset (RWA) activity would translate into stronger price performance, something traders have yet to see. Santiment noted that this combination of elevated fear, uncertainty, and doubt (FUD) alongside weak trading volume has historically created cond

Kalshi's accurate rate forecasts could signal significant shifts in crypto market dynamics, urging investors to reassess risk strategies. The post Kalshi traders see 57% odds of Fed rate hike in 2026, and crypto markets should pay attention appeared first on Crypto Briefing.