Gold prices surged more than 2% in Asian trading on Monday as investors fled to safe-haven assets following a dramatic escalation in the Middle East, after the United States and Israel launched coordinated strikes on Iran that reportedly killed Supreme Leader Ayatollah Ali Khamenei. Spot gold jumped 2% to $5,380.55 …
Read More »Oil Jumps as Iran Nuclear Talks Stall, Reviving Fears of Middle East Supply Disruptions
Oil prices climbed sharply on Friday after negotiations between the United States and Iran over Tehran’s nuclear program ended without a breakthrough, reigniting concerns that tensions could escalate into military action and disrupt crude supplies from the Middle East. By 07:50 ET (12:50 GMT), Brent crude futures for April delivery …
Read More »Wall Street Futures Slide as Nvidia Pullback and Inflation Jitters Darken Week’s End
U.S. stock index futures fell on Friday, signaling a cautious close to the week as renewed pressure on technology shares combined with investor nerves ahead of key U.S. inflation data. At 05:05 ET (10:05 GMT), Dow Jones Futures were down 250 points, or 0.5%, S&P 500 Futures slipped 0.4%, and …
Read More »European Stocks Tread Water as Earnings Deluge Nears End, Inflation Data in Focus
European equities traded cautiously on Friday, as investors weighed a fresh batch of corporate earnings alongside key inflation data, wrapping up a volatile and data-heavy week. At 03:10 ET (08:10 GMT), Germany’s DAX was little changed, France’s CAC 40 slipped 0.1%, while the UK’s FTSE 100 edged 0.2% higher. Earnings …
Read More »Bitcoin Slips Again as Risk Aversion Bites, Crypto Heads for Fifth Straight Month of Losses
Bitcoin fell on Friday, halting a brief rebound from midweek lows as fragile risk appetite continued to weigh on speculative assets. The world’s largest cryptocurrency is now on course for its fifth consecutive month of steep declines, underscoring the depth of the downturn gripping the crypto market. Bitcoin slipped nearly …
Read More »Gold Set for Strong February Finish as Geopolitical Tensions and Economic Uncertainty Fuel Safe-Haven Demand
Gold prices steadied in Asian trading on Friday and were on track to post solid gains for February, supported by persistent safe-haven demand amid rising geopolitical tensions and mounting economic uncertainty throughout the month. Disruptions in U.S. trade policy, alongside concerns over slowing growth in the world’s largest economies, kept …
Read More »U.S. Futures Slip as Nvidia Earnings Sink In and Investors Eye U.S.-Iran Nuclear Talks
U.S. stock index futures edged modestly lower on Thursday as investors digested quarterly results from artificial intelligence heavyweight Nvidia and turned cautious ahead of a fresh round of nuclear talks between the United States and Iran. At 06:00 ET (11:00 GMT), Dow Jones Futures fell 45 points, or 0.1%, while …
Read More »Bitcoin Jumps Over 5% as Short Squeeze and Wall Street Optimism Fuel Crypto Rebound
Bitcoin surged on Thursday, extending its rebound from the previous session as bargain hunting, a wave of short-covering, and positive cues from Wall Street sparked a broader recovery across the battered cryptocurrency market. The world’s largest cryptocurrency climbed 5.3% to $68,349.6 by 01:22 ET (06:22 GMT), recovering most of this …
Read More »Dollar Steadies After Nvidia Boost, Markets Await Clarity on New U.S. Tariffs
The U.S. dollar stabilized on Thursday after early losses, supported by strong earnings from artificial intelligence heavyweight Nvidia, while investors awaited further details on the latest U.S. tariff measures. At 03:00 ET (08:00 GMT), the Dollar Index—which tracks the greenback against a basket of six major currencies—edged 0.1% higher to …
Read More »Lagarde: AI Lifting Euro Zone Productivity Without Triggering Job Losses—For Now
Artificial intelligence is helping to boost productivity across the euro zone, but it has not yet led to widespread job losses or large-scale automation-driven layoffs, European Central Bank President Christine Lagarde said on Thursday. Speaking before a committee of the European Parliament, Lagarde noted that the immediate impact of AI …
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