NetflixNetflix has secured exclusive US streaming rights for the FIFA Women’s World Cup in 2027 and 2031, expanding its sports portfolio. The 2027 tournament will be held in Brazil, with the 2031 host yet to be announced. Coverage will include live matches, studio shows, and documentaries on players and women’s sports.This follows Netflix’s push into sports, including NFL Christmas Day games and the record-breaking Tyson-Paul fight. With growing interest in women’s sports, Netflix aims to leverage its 282.7 million members and ad-supported tier to capitalize on the rising value of live sports rights. NFLX (Daily). The price has shown confidence with its bullish projection line since August. However, toward the year’s end, we anticipate profit-taking in the stock market, which could lead to a correction down to $800 per share.
OilOil prices are expected to decline in 2025 due to a looming surplus, driven by record US crude production and slowing demand in China. US crude is forecasted to average $61 per barrel, significantly lower than current levels. OPEC+ has delayed production increases to prevent further price drops, while a global surplus of 950,000 barrels per day is anticipated in 2025.Despite his preference for lower energy prices, President-elect Donald Trump’s policies could create mixed effects. Actions like cracking down on Iranian and Venezuelan exports might push prices higher, while his proposed tariffs likely won’t impact global demand until 2026.WTIUSD (Weekly). Since the last quarter of 2022, oil prices have been trading within a tight range, with 66.00 acting as the demand zone and 80.00 as the supply zone. Prices below $70 are considered an ideal buying and hold opportunity.
GoldGold price rose on Friday, with spot gold up 1.1% to $2,623 per ounce. The gains were driven by a weaker dollar, which fell 0.4%, and declining Treasury yields following US economic data showing a slowdown in inflation.Market strategist Phillip Streible noted the possibility of more interest rate cuts in 2025, though it remains uncertain. Lower rates could boost gold by reducing the opportunity cost of holding the non-yielding asset. JP Morgan suggested that relatively low Fed rate cut expectations, coupled with steady physical demand, could support gold prices heading into 2025. XAUUSD (H4). Since mid-November, gold has been trading within a range, with 2,720 serving as the supply zone and 2,620 as the demand zone. We anticipate the price will continue to fluctuate within this channel.More By This Author:Palantir’s Surge, Gold’s Decline, And Bitcoin’s Record RallyTechnical Indicators FunctionWeekly Market Research: Gold Drops, Tesla Rallies, Bitcoin Hits New High
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