Analyzes

The NASDAQ 100 whipsawed on Thursday as hotter US PPI data fueled doubts over Fed rate cuts, creating turbulence near the 24,000 mark and prompting buy-on-dip strategies.

WTI crude rallied Thursday but faces strong resistance at $65 amid record US, Russian, and OPEC output. Short setup eyed on signs of exhaustion.

Gold reversed early gains on Thursday after hotter US inflation data strengthened the dollar and yields, bringing prices closer to key technical support levels.

Silver prices fell back from key resistance at $39 after strong US inflation data reduced expectations for aggressive Fed rate cuts, keeping the market range-bound.

Bitcoin retreats from record levels as stronger US inflation data tempers Fed rate cut expectations, highlighting its growing correlation with Wall Street sentiment.

Natural gas prices ticked higher Thursday on oversold conditions, yet resistance near $3 and weak seasonal demand keep the market tilted toward further declines.