European equity markets rallied on Monday, driven by renewed optimism over the state of global trade after weekend talks between the United States and China yielded signs of a potential breakthrough in their months-long tariff war. As of 03:02 ET (07:02 GMT), the DAX index in Germany jumped 1.8%, the …
Read More »Dollar Gains as U.S.-China Trade Talks Ease Market Jitters; Focus Shifts to U.S. Inflation, Retail Data
The U.S. dollar strengthened on Monday against traditional safe-haven currencies as weekend trade discussions between Washington and Beijing helped soothe global market nerves. Investors were also buoyed by signs of easing geopolitical tensions, while eyes now turn to key U.S. economic data this week for further direction. Trade Progress Lifts …
Read More »Oil Prices Rise as U.S.-China Trade Talks Signal Progress; Market Eyes OPEC+ Output and Iran Developments
Oil prices advanced on Monday as upbeat signals from U.S.-China trade negotiations boosted sentiment across global markets, raising hopes that the world’s two largest crude consumers may be moving closer to resolving their prolonged tariff dispute. Brent crude futures climbed 43 cents, or 0.67%, to $64.34 a barrel by 05:00 …
Read More »Wall Street Futures Muted as Investors Await U.S.-China Trade Talks; Nvidia Eyes China Chip Shift
U.S. stock futures traded cautiously on Friday, as market participants held back ahead of a key round of trade negotiations between Washington and Beijing this weekend, following Thursday’s optimism surrounding a U.S.-U.K. trade agreement. At 05:45 ET (09:45 GMT), Dow Jones Futures dipped 14 points, or 0.1%, while S&P 500 …
Read More »Oil set for weekly gain on Easing Trade Tensions, UK Deal Boosts Sentiment
Oil prices extended gains on Friday, with benchmarks poised to end the week higher as optimism around easing U.S.-China trade tensions and a newly announced U.S.-U.K. trade framework lifted market sentiment. Brent crude futures rose by 83 cents, or 1.3%, to $63.27 a barrel by 09:05 GMT, while U.S. West …
Read More »Forex Report: Dollar Eases but Heads for Weekly Gain Amid Cooling Trade Tensions and Cautious Fed
The U.S. dollar slipped slightly in early European hours on Friday, though it remained on track for a modest weekly gain, supported by lessened trade tensions and expectations that the Federal Reserve will hold off on cutting interest rates in the near term. At 04:30 ET (08:30 GMT), the U.S. …
Read More »European Stocks Climb on Optimism Over U.S.-U.K. Trade Deal and Easing Tensions
European equity markets rose on Friday, buoyed by optimism that the newly signed trade framework between the United States and the United Kingdom could serve as a model for future agreements, potentially easing global trade tensions. At 03:10 ET (07:10 GMT), the DAX in Germany and the CAC 40 in …
Read More »Gold Rebounds as Market Eyes U.S.-China Trade Talks Following UK Framework Deal
Gold prices edged higher in Asian trading on Friday, recovering from two days of sharp declines, as investors remained cautious ahead of scheduled U.S.-China trade talks and assessed the limited impact of a newly signed trade framework between the United States and the United Kingdom. Spot gold rose 0.4% to …
Read More »Oil Prices Edge Higher as U.S.-China Trade Talks and U.K. Deal Offer Glimmers of Optimism
Oil prices extended gains on Friday, building on a sharp rally in the prior session, as easing trade tensions between the United States and China and a fresh trade agreement between the U.S. and Britain lifted market sentiment. However, concerns over increased OPEC+ supply and geopolitical risks in South Asia …
Read More »Dollar Climbs as Fed Flags Stagflation Risks; Traders Push Back Rate Cut Expectations
The U.S. dollar advanced on Thursday, building on prior gains after the Federal Reserve highlighted growing stagflation risks in the U.S. economy, prompting markets to reassess expectations for near-term interest rate cuts. At 04:10 ET (08:10 GMT), the U.S. Dollar Index, which tracks the performance of the greenback against six …
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