Gold prices edged lower in Asian trading on Friday, retreating from this week’s record highs as risk appetite improved following signals of potential deescalation in the U.S.-China trade conflict and upbeat earnings from major tech firms. However, the metal remained well-supported near its all-time peak amid lingering geopolitical and economic …
Read More »Oil Prices Edge Higher But Remain Set for Weekly Decline Amid OPEC+ Supply Fears and Trade Uncertainty
Oil prices saw a modest uptick in Asian trading on Friday, supported by renewed geopolitical tensions and tentative signs of progress in U.S.-China trade relations. However, both Brent and WTI benchmarks remain poised for weekly losses as concerns over rising OPEC+ supply and a fragile demand outlook continue to weigh …
Read More »European Stocks Slip as Investors Weigh Mixed Earnings, Trade Uncertainty
European equity markets edged lower on Thursday as a cautious mood lingered, driven by mixed corporate earnings and uncertainty surrounding U.S. trade policy toward China. The pan-European STOXX 600 index slipped 0.3% by 07:14 GMT, retracing some of Wednesday’s gains, which had been fueled by a more conciliatory tone from …
Read More »Bitcoin Slips After Hitting Seven-Week High, But Trade Optimism Supports Broader Sentiment
Bitcoin prices edged lower on Thursday as traders took profits following a strong rally, though broader optimism around easing trade tensions between the U.S. and key global partners kept overall sentiment upbeat. Bitcoin Falls After Rally The world’s largest cryptocurrency dropped 1.2% to $92,575.3 by 02:35 ET (06:35 GMT). The …
Read More »Gold Rebounds Sharply as U.S.-China Trade Uncertainty and Russia-Ukraine Escalation Fuel Haven Demand
Gold prices jumped in Asian trading Thursday, rebounding from recent losses as safe-haven appetite strengthened amid renewed tensions between the U.S. and China and a deadly escalation in the Russia-Ukraine conflict. Spot Gold surged 1.3% to $3,331.34/oz Gold Futures (June delivery) climbed 1.4% to $3,341.25/oz by 01:37 ET (05:37 GMT) …
Read More »Wall Street Futures Surge as Trump Softens Tone on Fed and China
U.S. stock index futures climbed sharply Wednesday, extending Tuesday’s gains, as investors cheered President Donald Trump’s softer rhetoric on both the Federal Reserve and trade with China. Robust earnings, including a surprise beat from Tesla, added fuel to the rally. Market Snapshot (as of 05:45 ET / 09:45 GMT): Dow …
Read More »Oil Prices Rise Over 1% as Iran Sanctions, Trump Comments, and U.S. Crude Draw Support Market
Oil prices climbed more than 1% on Wednesday, extending gains for a second consecutive session, as geopolitical tensions, tightening supply data, and a shift in tone from U.S. President Donald Trump lifted investor sentiment. Brent crude rose $1.00, or 1.5%, to $68.44 per barrel by 06:40 GMT West Texas Intermediate …
Read More »Gold Prices Slip as Trump Soothes Market Fears, Touts Tariff Cuts and Supports Fed
Gold prices edged lower in Asian trading on Wednesday, retreating further from this week’s record highs after U.S. President Donald Trump struck a conciliatory tone on both China trade tariffs and the Federal Reserve, fueling a shift from safe-haven assets to riskier bets. As of 01:22 ET (05:22 GMT): Spot …
Read More »European Stocks Rally as SAP Earnings Impress, Trump Calms Fed and Tariff Fears
European equity markets surged on Wednesday, lifted by robust earnings from German software giant SAP and a more conciliatory tone from U.S. President Donald Trump regarding both Federal Reserve Chair Jerome Powell and ongoing U.S.-China trade tensions. As of 07:03 GMT, the pan-European STOXX 600 index climbed 1.8%, with major …
Read More »Bitcoin Surges Over 6% as Trump Softens Fed and China Tariff Stance
Bitcoin rallied sharply on Wednesday, breaking out of its recent range to hit a seven-week high, as a shift in tone from U.S. President Donald Trump boosted investor confidence and risk appetite across financial markets. As of 02:35 ET (06:35 GMT): Bitcoin (BTC) surged 6.3% to $93,811.0, marking its highest …
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