Oil prices fell sharply in Asian trade on Friday, as news of U.S. President Donald Trump’s decision on potential involvement in the Israel-Iran conflict was delayed for two weeks. Despite this dip, oil prices remained on track for their third straight week of gains, with geopolitical concerns in the Middle …

In an interview conducted by Alarabiya Television, Mohamed Hashad, Head of Research and Development at Noor Capital and a member of the American Association of Technical Analysts, commented and analyzed the performance of financial markets. Interviewer: Welcome Mohamed Rashad, Head of Market Strategy at Noor Capital, joining us live from …

The U.S. dollar gained ground on Thursday as geopolitical risks, particularly the escalating Israel-Iran conflict, drove investors toward safe-haven assets. Meanwhile, a flurry of central bank decisions, including an unexpected rate cut from Norway, kept market participants on edge. Geopolitical Tensions Boost Dollar’s Safe-Haven Status The dollar saw a modest …

The Bank of England (BOE) maintained its benchmark interest rate at 4.25% on Thursday, a widely expected decision as the central bank continues to pursue a gradual approach to monetary policy easing. This decision follows the BOE’s recent cut in May, when it reduced its Bank Rate by 25 basis …

Bitcoin rose marginally on Thursday, staying within its tight trading range as growing speculation over U.S. involvement in the Israel-Iran conflict kept investors cautious. The world’s largest cryptocurrency climbed 0.1% to $104,900.0 at 05:20 ET (09:20 GMT), with prices hovering between $103,000 and $108,000 over the past week, largely driven …

Gold prices dropped in Asian trade on Thursday as the Federal Reserve’s hawkish stance strengthened the U.S. dollar, putting pressure on bullion prices. Meanwhile, rising geopolitical risks, particularly the potential for U.S. involvement in the Israel-Iran conflict, capped the losses in gold. Spot Gold fell 0.5% to $3,353.92 per ounce, …

European stocks dropped on Thursday, with investors cautious ahead of a series of central bank meetings, as renewed speculation about U.S. involvement in the Israel-Iran conflict weighed on market sentiment. As of 03:15 ET (07:15 GMT), the DAX index in Germany fell 0.7%, the CAC 40 in France slipped 0.7%, …

Oil prices fell in volatile trading on Thursday as market participants weighed the likelihood of U.S. involvement in the ongoing Israel-Iran conflict, while a stronger dollar provided resistance to recent gains in crude prices. Initially, oil prices dropped as much as 1% during early Asian trade, but the losses were …

Nippon Steel Corporation (TSE: 5401) has successfully finalized its acquisition of United States Steel (NYSE: X) in a deal valued at approximately $14.9 billion, the companies announced on Wednesday. This strategic acquisition creates a “world-leading steelmaker,” combining the strengths of both companies in the global steel market. Terms of the …

New applications for unemployment insurance in the United States dropped to 245K for the week ending June 14, according to the U.S. Department of Labor (DOL) on Thursday. This figure matched initial estimates and was a decrease from the previous week’s revised tally of 250K (revised from 248K). The report …