European stock markets opened slightly higher on Monday as investors monitored rising oil prices and the continuing conflict in the Middle East, which has now entered its third week. By 04:04 ET (08:04 GMT), the pan-European Stoxx 600 index gained 0.1%, while Germany’s DAX rose 0.1%, France’s CAC 40 added …
Read More »Gold Holds Near $5,000 as Iran War and Fed Meeting Keep Markets Cautious
Gold prices stabilized in Asian trading on Monday after briefly slipping below a key psychological level, as investors monitored developments in the escalating U.S.–Israel conflict with Iran while awaiting a crucial Federal Reserve policy meeting later this week. By 01:47 ET (05:47 GMT), spot gold was steady at $5,016.84 per …
Read More »Oil Rises Amid Volatile Trading as Iran War Threatens Global Supply
Oil prices moved higher in volatile trading on Monday as markets remained on edge over potential supply disruptions stemming from the ongoing U.S.–Israel conflict with Iran. By 23:36 ET (03:36 GMT), Brent crude futures rose 1% to $104.13 per barrel, while U.S. West Texas Intermediate (WTI) crude gained 0.6% to …
Read More »Bitcoin Hits One-Week High as U.S. Regulatory Optimism Offsets Iran War Concerns
Bitcoin climbed on Friday, extending recent gains and reaching a one-week high as optimism surrounding a more crypto-friendly regulatory framework in the United States helped support the market despite ongoing geopolitical tensions in the Middle East. By 01:49 ET (05:49 GMT), Bitcoin rose nearly 3% to $71,529.7, putting the world’s …
Read More »Oil Holds Near $100 as Iran War Keeps Supply Risks Elevated
Oil prices eased slightly on Friday but remained close to the $100 per barrel level, as persistent concerns over supply disruptions linked to the U.S.–Israel war with Iran continued to dominate market sentiment. By 06:44 ET (10:44 GMT), Brent crude futures for May slipped 0.3% to $100.17 per barrel, while …
Read More »Dollar Firms as Iran War Fuels Inflation Fears; Markets Await PCE Data
The U.S. dollar strengthened on Friday, supported by mounting concerns that the ongoing war involving Iran could trigger a surge in energy-driven inflation and influence global monetary policy. By 05:26 ET (09:26 GMT), the U.S. Dollar Index—which measures the greenback against a basket of major currencies—rose 0.4% to 100.13. Meanwhile, …
Read More »UK Economy Stalls in January as Rising Energy Prices Threaten Growth Outlook
The UK economy recorded no growth in January 2026, missing expectations for a modest expansion and raising concerns about its resilience ahead of a potential surge in energy costs linked to the escalating Middle East conflict. Data released Friday by the Office for National Statistics (ONS) showed that gross domestic …
Read More »Oil Pulls Back Slightly but Remains Near $100 as Iran War Keeps Supply Fears High
Oil prices slipped modestly in Asian trading on Friday but pared most of their earlier losses, as persistent concerns over supply disruptions from the ongoing U.S.–Israel war with Iran continued to support the market. Brent crude futures for May fell 0.1% to $100.34 per barrel by 02:17 ET (06:17 GMT), …
Read More »Gold Edges Higher but Heads for Second Weekly Loss as Inflation Fears Persist
Gold prices rose in Asian trading on Friday, but the precious metal remained on track for a second consecutive weekly decline as concerns over energy-driven inflation from the U.S.–Israel conflict with Iran continued to weigh on sentiment. By 01:14 ET (05:14 GMT), spot gold gained 0.6% to $5,109.46 per ounce, …
Read More »U.S. Jobless Claims Dip Slightly, Easing Concerns Over Labor Market Weakness
The number of Americans filing new applications for unemployment benefits edged lower last week, offering some reassurance that the U.S. labor market remains relatively stable despite recent signs of slowing job growth. According to data released by the Labor Department on Thursday, initial claims for state unemployment benefits fell by …
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