U.S. stock index futures moved lower on Thursday as a surge in oil prices and growing disruption to global shipping routes fueled investor caution. By 06:38 ET (10:38 GMT), Dow Jones futures fell 251 points (0.5%), while S&P 500 futures declined 28 points (0.4%) and Nasdaq 100 futures dropped 92 …
Read More »European Stocks Slip as Oil Volatility Intensifies Amid Iran War
European stocks edged lower at the start of trading on Thursday as oil prices briefly surged above $100 per barrel, driven by ongoing disruptions to shipping routes linked to the conflict involving Iran. By 04:04 ET (08:04 GMT), the pan-European Stoxx 600 index fell 0.4%, while Germany’s DAX declined 0.2%, …
Read More »Gold Slips as Dollar and Oil Rally Amid Escalating Iran Conflict
Gold prices declined in Asian trading on Thursday, returning to a trading range seen over the past week as escalating tensions between the United States, Israel, and Iran boosted the U.S. dollar and oil prices, limiting the metal’s upside. By 01:33 ET (05:33 GMT), spot gold fell 0.6% to $5,147.05 …
Read More »Oil Surges Toward $100 as Tanker Attacks Intensify Supply Fears in Iran Conflict
Oil prices jumped sharply in Asian trading on Thursday, briefly climbing above the key $100 per barrel level as escalating disruptions to global energy supplies fueled market anxiety during the ongoing U.S.-Israel conflict with Iran. By 01:03 ET (05:03 GMT), Brent crude futures rose 7.6% to $99.00 per barrel, while …
Read More »U.S. Inflation Holds Steady in February as CPI Meets Expectations
U.S. consumer prices rose in line with expectations in February, suggesting inflation pressures remained relatively stable despite ongoing economic uncertainty. According to data released by the U.S. Labor Department on Wednesday, the Consumer Price Index (CPI) increased 2.4% year-on-year in February, matching both the previous month’s reading and economists’ forecasts. …
Read More »Oil Falls as IEA Plans Record Emergency Reserve Release Amid Iran Conflict
Oil prices declined in Asian trading on Wednesday after reports that the International Energy Agency (IEA) is preparing the largest emergency oil reserve release in its history to counter supply disruptions caused by the ongoing conflict involving Iran. By 00:55 ET (05:55 GMT), Brent crude futures for May delivery dropped …
Read More »Bitcoin Slips Below $70K as Markets Monitor Iran Conflict, Await U.S. CPI Data
Bitcoin edged lower in Asian trading on Wednesday, slipping back below the $70,000 level as investors remained cautious amid ongoing tensions in the Middle East and awaited key U.S. inflation data due later in the day. The world’s largest cryptocurrency was last down 0.5% at $69,583.5 by 01:55 ET (05:55 …
Read More »Oil Prices Plunge After Trump Calls Iran War “Very Complete”
Oil Falls as IEA Considers Record Emergency Reserve Release Amid Iran War Oil prices declined in Asian trading on Wednesday after a report suggested the International Energy Agency (IEA) could release a record amount of emergency oil reserves to help offset supply disruptions caused by the ongoing Iran conflict. By …
Read More »Gold Edges Higher Above $5,200 as Markets Weigh Iran War Signals, Await U.S. Inflation Data
Gold prices ticked slightly higher in Asian trading on Wednesday as investors navigated mixed signals surrounding the ongoing U.S.-Israel conflict with Iran, while also monitoring disruptions in global energy markets and the possibility of a near-term end to the war. Spot gold rose 0.2% to $5,204.29 per ounce by 01:17 …
Read More »Bitcoin Reclaims $70K as Risk Appetite Improves on Hopes of Iran War De-escalation
Bitcoin climbed back above the $70,000 mark in Asian trading on Tuesday as investor sentiment improved after U.S. President Donald Trump suggested the ongoing conflict involving the United States, Israel, and Iran could end soon. The world’s largest cryptocurrency rose 3.4% to $70,201.3 by 01:02 ET (05:02 GMT), after touching …
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