Home / Adel (page 16)

Adel

Oil Climbs as Hezbollah Rejects Ceasefire, Torpedoing Iran Peace Prospects: Brent Heads for 3-6% Weekly Gain

Key Takeaways Oil advances: Brent rose 0.8% to $95.75 per barrel, while WTI gained 0.5% to $90.47. Weekly gains locked in: Both contracts set for 3-6% weekly advances on sustained Middle East tensions. Hezbollah rejects ceasefire: The Iran-backed group rejected the proposed Lebanon-Israel truce, refused to withdraw troops, and denounced …

Read More »

KOSPI Craters 6% as Samsung and SK Hynix Plunge: BOJ Rate Hike Bets and Tech Selloff Wallop Asia

Key Takeaways KOSPI worst performer: South Korea’s index plunged as much as 6%, with Samsung and SK Hynix each sinking over 8%. Labor minister shocks markets: South Korea’s Labor Minister called on major tech firms to share more AI profits with suppliers, subcontractors, and workers. Samsung-union deal: Minister Kim Young-Hoon …

Read More »

Nasdaq Futures Sink as Broadcom Misses Sky-High Bar: Iran Peace Flickers as Trump Sets No-Kill Red Line

Key Takeaways Nasdaq futures plunge 1.1%: Broadcom’s earnings disappointment sent Nasdaq 100 futures down 339 points, while Dow futures rose 0.3% and S&P 500 futures fell 0.5%. Broadcom’s 48% revenue jump not enough: Shares slid sharply as the company’s unchanged 2027 outlook failed to deliver the “beat and raise” investors …

Read More »

U.S. Jobless Claims Rise More Than Expected: Early Warning Sign Ahead of Friday’s Payrolls Test

Key Takeaways Claims beat forecasts: Initial jobless claims rose to 225,000 for the week ending May 30, above the 213,000 expected. Prior week revised down: The previous week’s reading was revised to 212,000 from the initially reported 215,000. 4-week moving average rises: The rolling average climbed 6,500 to 214,750 signaling …

Read More »

Israel-Lebanon Ceasefire Renewal Sparks Hope for Broader U.S.-Iran Peace Deal

Key Takeaways Ceasefire Renewed: Israel and Lebanon have agreed to extend their fragile truce following a fourth round of U.S.-mediated talks, conditioning the agreement on Hezbollah withdrawing south of the Litani River. Crude Oil Drops: Global energy markets responded immediately to the diplomatic progress, with Brent crude futures sliding 1.3% …

Read More »

Dollar Near 2-Month High as Iran Tensions and Hot ISM Data Keep Rate Hike Fears Alive: Yen Hovers at 160 Danger Zone

Key Takeaways Dollar holds near peak: The DXY was little changed in Asian trading after climbing to its strongest level in roughly two months overnight. Israel-Lebanon ceasefire: Washington confirmed a deal contingent on Hezbollah halting hostilities — providing some Middle East relief. But tensions persist: Iranian missile attacks on Kuwait …

Read More »

Geopolitical Strife and AI Pivot Push Bitcoin to Four-Month Low

Key Takeaways Four-Month Low: Bitcoin plummeted to a near four-month low of $61,442.7 before stabilizing slightly around $63,832.4 amid broad market risk aversion. Massive ETF Capital Outflows: Institutional investors pulled roughly $396 million from spot Bitcoin ETFs on Wednesday alone, compounding over $1.3 billion in exits earlier in the week …

Read More »

European Stocks Edge Up as Israel-Lebanon Ceasefire Revives Iran Peace Hopes: TSMC Bullish on AI Demand

Key Takeaways Modest gains: The Stoxx 600 rose 0.1%, Germany’s DAX ticked up 0.2%, France’s CAC 40 inched 0.3% higher, while the U.K.’s FTSE 100 was unchanged. Israel-Lebanon ceasefire renewed: A fourth round of U.S.-mediated talks produced a new truce — contingent on a full cessation of Hezbollah fire and …

Read More »