Key Takeaways Broad-based decline: The Stoxx 600 slipped 0.77%, Germany’s DAX dropped 0.90%, France’s CAC 40 declined 0.73%, and the U.K.’s FTSE 100 fell 0.63%. Hormuz clashes erupt: U.S. Central Command said American destroyers came under Iranian missile, drone, and small-boat attacks Thursday, prompting retaliatory U.S. strikes on Bandar Abbas …
Read More »Asian Stocks Tumble as U.S.-Iran Hormuz Clashes Shatter Peace Hopes — But Weekly Gains Hold
Key Takeaways Regional retreat: Asian markets fell broadly Friday, with Wall Street’s overnight slide setting a weak tone after U.S. forces intercepted attacks on three warships in Hormuz. Tech holds firm: S&P 500 futures rose 0.2% in Asian trade as AI optimism continued to support technology stocks. KOSPI stars despite …
Read More »Gold Climbs Toward Weekly Win: Iran Peace Hopes and Hormuz Tensions Set Stage for Jobs Data Showdown
Key Takeaways Gold rises: Spot gold gained 0.8% to $4,723.52 per ounce, while U.S. gold futures climbed 0.5% to $4,731.96. Weekly winner: Bullion is on track for a near 2% weekly gain after rebounding from one-month lows earlier in May. Hormuz flare-up: U.S. and Iranian forces exchanged fire Thursday — …
Read More »Oil Surges Over 2% as U.S.-Iran Forces Trade Fire Near Hormuz: Trump Calls Skirmish “Just a Love Tap”
Key Takeaways Crude jumps: Brent oil futures rose 2.1% to $103.37 per barrel, while WTI climbed 2.2% to $96.90 — bouncing back after Thursday’s 1% decline. Direct clash: Iran accused the U.S. of targeting an Iranian oil tanker and another vessel entering Hormuz, plus strikes on Qeshm Island and coastal …
Read More »Bitcoin Pulls Back from Peaks: Saylor’s Sale Threat Cools Rally Even as Iran Peace Hopes Fuel Risk Assets
Key Takeaways Bitcoin retreats: The world’s largest crypto fell 0.7% to $80,951.3, dipping from three-month highs. April winning streak: Bitcoin surged nearly 12% in April on bargain buying and Iran de-escalation hopes. Strategy’s sale threat: Top corporate holder Strategy Inc said it may sell some Bitcoin to fund dividend payments. …
Read More »European Stocks Pause After Wednesday’s Iran Peace Surge: Shell Sinks on Buyback Cut While Arm Soars 13%
Key Takeaways Modest pullback: The Stoxx 600 dipped 0.2%, Germany’s DAX fell 0.2%, and the U.K.’s FTSE 100 slipped 0.7%, while France’s CAC 40 held mostly flat. Talks restarting in Pakistan: Washington and Tehran are reportedly working with mediators on a one-page framework, with discussions set to kick off next …
Read More »Gold Powers Higher for Third Day: Iran Peace Hopes Crush Inflation Fears as Bullion Eyes Major Rally
Key Takeaways Gold extends rally: Spot gold rose 1% to $4,736.61 per ounce, while U.S. gold futures for June climbed 1.1% to $4,746.86 — building on Wednesday’s 3%+ surge. Biggest daily jump since March: Wednesday’s surge marked the largest single-day gain in over a month. Iran deal driving the rally: …
Read More »Iran Deal D-Day: Tehran Set to Deliver Verdict as Saudi Backlash Forced Trump to Abandon Hormuz Push
Key Takeaways Thursday deadline: Iran is expected to deliver its response to the U.S. peace proposal to mediators by Thursday, per CNN citing a regional source. One-page deal: Reports indicate Washington and Tehran are closing in on a memorandum to end the war and frame nuclear talks. Pakistan progress: Both …
Read More »Oil Steadies After 7% Plunge: Iran Deal Countdown Meets Smaller-Than-Expected U.S. Inventory Drop
Key Takeaways Mild rebound: Brent crude rose 0.3% to $101.55 per barrel, while WTI also gained 0.3% to $95.37 — both stabilizing after Wednesday’s brutal selloff. Massive Wednesday slide: Both contracts crashed more than 7% in the previous session on peace deal hopes. One-page deal nears: Axios reported the White …
Read More »Index Eyes 50,130… Can It Break Through and Rally? 7/5/2026
Dow Jones Industrial Average (DJIA) Technical Analysis The Dow Jones Industrial Average on Wall Street surged during the previous session, climbing to an intraday high of 50,136 on the back of robust buying momentum across the index. Technical Outlook for Today’s Session – 4-Hour Timeframe: On the short-term horizon, the …
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