European stock markets traded in a mixed fashion on Thursday, as investors closely monitored corporate earnings reports from major firms. As of 03:21 ET (08:21 GMT): Germany’s DAX edged up 0.2%. France’s CAC 40 gained 0.3%. UK’s FTSE 100 slipped 0.3%. Key Corporate Earnings Highlights Schneider Electric Exceeds Expectations French …
Read More »Bitcoin Holds Steady Amid Market Uncertainty, Awaiting Directional Catalyst
Bitcoin traded in a tight range on Thursday, as investors remained cautious amid ongoing U.S. tariff concerns and uncertainty surrounding the Federal Reserve’s interest rate outlook. The cryptocurrency lacked clear momentum, struggling to break out of its recent consolidation phase. Bitcoin Stagnates Despite Diplomatic Developments As of 01:15 ET (6:15 …
Read More »Gold Prices Surge to Record High Amid Safe-Haven Demand, but Dollar Strength Caps Gains
Gold prices climbed in Asian trading on Thursday, briefly reaching a record high as escalating trade tensions fueled demand for safe-haven assets. However, gains were limited by a stronger U.S. dollar, following hawkish signals from the Federal Reserve’s January meeting minutes. Gold Hits Record High Before Retreating Spot gold rose …
Read More »Federal Reserve Weighs Risks of Tariffs on Inflation and Economic Outlook
U.S. Federal Reserve officials remain divided on the potential inflationary impact of President Donald Trump’s proposed tariffs, but growing concerns are emerging regarding their effects on supply chains, public expectations, and pricing dynamics. As the scope of the administration’s trade policies expands, policymakers are reassessing the broader economic risks associated …
Read More »U.S. Stock Futures Decline as Investors Weigh Fed Minutes and Trade Tensions
U.S. stock futures turned lower on Wednesday, erasing earlier gains as investors assessed geopolitical risks, trade uncertainties, and the upcoming Federal Reserve meeting minutes. Market Snapshot (as of 11:17 GMT): Dow futures fell 66 points (-0.2%). S&P 500 futures declined 6 points (-0.1%). Nasdaq 100 futures slipped 11 points (-0.1%). …
Read More »European Markets Trade Mixed as Investors Digest UK Inflation Data and Earnings Reports
European stock markets saw mixed trading on Wednesday, as investors reacted to corporate earnings results and higher-than-expected UK inflation data. Market Performance (as of 09:33 GMT): Germany’s DAX edged up 0.1%. UK’s FTSE 100 slipped 0.1%. France’s CAC 40 dipped 0.2%. Pan-European Stoxx 600 hovered around the flatline, after reaching …
Read More »UK Inflation Surges to 3% in January, Exceeding Expectations
The United Kingdom’s inflation rate rose to 3% in January, surpassing the 2.8% forecast by economists, according to data from the Office for National Statistics (ONS) on Wednesday. Key Highlights: Inflation accelerated from 2.5% in December to 3% in January. Core inflation (excluding energy, food, alcohol, and tobacco) rose to …
Read More »Breaking: Gold prices surged to a fresh all-time high
Gold prices surged to a fresh all-time high on Wednesday, extending their third consecutive day of gains amid geopolitical tensions and renewed trade tariff concerns from U.S. President Donald Trump. Spot gold (XAU/USD) climbed above $2,947.08 per ounce during the European trading session. Gold futures also saw strong upward momentum, …
Read More »Oil Prices Climb Amid Supply Disruptions in Russia and the U.S.
Oil prices rose on Wednesday, supported by supply concerns stemming from a Ukrainian drone attack on a Russian oil facility, cold weather disruptions in the U.S., and OPEC+ speculation regarding output levels. Brent crude futures climbed 0.5% to $76.25 per barrel at 07:20 GMT. West Texas Intermediate (WTI) crude for …
Read More »Gold Prices Edge Lower but Stay Near Record Highs Amid Trade Tariff Concerns
Gold prices dipped slightly in Asian trading on Wednesday, with spot gold down 0.2% at $2,929.02 an ounce, while gold futures for April delivery fell 0.1% to $2,946.22 an ounce by 00:27 ET (05:27 GMT). Despite the decline, gold remains near all-time highs, as markets weigh the impact of Trump’s …
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