Gold prices edged higher in Asian trading on Thursday, supported by a weaker U.S. dollar and renewed uncertainty surrounding U.S. trade tariffs, while investors also looked ahead to closely watched nuclear talks between Washington and Tehran later in the day. Spot gold rose 0.6% to $5,196.55 per ounce by 01:40 …
Read More »U.S. Futures Edge Higher as Markets Brace for Nvidia Earnings and AI Test
U.S. stock index futures ticked modestly higher on Wednesday as investors cautiously positioned themselves ahead of a busy earnings slate, headlined by results from artificial intelligence bellwether Nvidia. At 05:20 ET (10:20 GMT), Dow Jones Futures rose 68 points, or 0.1%, S&P 500 Futures gained 10 points, or 0.2%, and …
Read More »Bitcoin Rebounds on Bargain Buying as Wall Street Rally Lifts Crypto Sentiment
Bitcoin rose on Wednesday, attracting bargain hunters after steep losses in recent weeks, while a positive overnight session on Wall Street helped improve risk sentiment across digital asset markets. The world’s largest cryptocurrency climbed 3.2% to $65,102.7 by 01:24 ET (06:24 GMT), after touching a session high of $66,279.4. Earlier …
Read More »Dollar Edges Lower Ahead of Nvidia Earnings as Markets Weigh AI Risks and Tariff Outlook
The U.S. dollar traded slightly lower on Wednesday as investors turned cautious ahead of quarterly earnings from artificial intelligence heavyweight Nvidia, widely seen as a key catalyst for broader market sentiment. By 03:50 ET (08:50 GMT), the Dollar Index—which measures the greenback against a basket of six major currencies—was down …
Read More »European Stocks Edge Higher as Risk Appetite Improves and Earnings Season Intensifies
European equities traded modestly higher on Wednesday, supported by improving global risk sentiment as investors digested a heavy slate of major corporate earnings and signs that uncertainty around U.S. trade policy is beginning to stabilize. By 03:02 ET (08:02 GMT), Germany’s DAX rose 0.1%, France’s CAC 40 gained 0.2%, and …
Read More »Oil Holds Near Seven-Month Highs as U.S.–Iran Tensions Offset Inventory Build and Trade Jitters
Oil prices rose in Asian trading on Wednesday, remaining just below seven-month highs reached earlier this week, as persistent geopolitical risks surrounding the U.S.–Iran standoff outweighed bearish signals from a sharp rise in U.S. crude inventories and renewed uncertainty over global trade policy. By 22:41 ET (03:41 GMT), Brent crude …
Read More »Wall Street Futures Edge Higher After Sharp Selloff as Trade Turmoil and AI Fears Linger
U.S. stock index futures ticked higher on Tuesday, attempting a modest rebound after a sharp selloff in the previous session, as investors continued to grapple with mounting uncertainty over global trade policy and renewed fears of artificial intelligence–driven disruption ahead of key earnings from Nvidia. By 05:45 ET (10:45 GMT), …
Read More »Pound Slips Ahead of Key BoE Testimony as Markets Weigh Odds of March Rate Cut
The British pound edged lower on Tuesday as investors turned cautious ahead of parliamentary testimony from four Bank of England policymakers, with markets closely watching for clues on whether interest rates could be cut as early as March. Sterling traded at $1.3491 against the U.S. dollar at 11:36 GMT, down …
Read More »Bitcoin Slides to Six-Month Low, Erasing Half Its Value as Tariff Uncertainty Fuels Risk Aversion
Bitcoin fell sharply on Tuesday, extending its recent downturn and wiping out roughly half of its value from the record highs seen in October, as uncertainty over U.S. tariff policy and broader risk-off sentiment weighed heavily on cryptocurrency markets. The world’s largest cryptocurrency dropped nearly 4% to $63,131.3 by 01:13 …
Read More »U.S. Customs Halts Collection of Trump’s Emergency Tariffs After Supreme Court Ruling
U.S. Customs and Border Protection (CBP) said it will stop collecting tariffs imposed under the International Emergency Economic Powers Act (IEEPA) starting at 12:01 a.m. EST (05:01 GMT) on Tuesday, more than three days after the U.S. Supreme Court ruled the measures illegal. In a notice sent to shipping companies …
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