Gold prices eased on Tuesday as investors locked in profits after the precious metal surged more than 2% in the previous session, while a firmer U.S. dollar added further pressure to prices. Spot gold slipped 1% to $5,179.77 per ounce by 07:35 GMT, snapping a four-session winning streak and retreating …
Read More »Dow Plunges Over 800 Points as Tariff Jitters and AI Disruption Concerns Rattle Markets
Wall Street Slides as Trump Tariff Uncertainty and AI Fears Jolt Markets; Gold and Volatility Surge U.S. stocks fell sharply on Monday as renewed uncertainty over President Donald Trump’s proposed tariffs and lingering concerns about artificial intelligence weighed heavily on investor sentiment, driving a flight to safe havens and a …
Read More »Bitcoin Slides Below $65,000 as Whale Selling and U.S. Trade Uncertainty Weigh on Crypto Markets
Bitcoin briefly fell below the $65,000 level during Asian trading on Monday, remaining under sustained pressure as large holders continued to offload cryptocurrencies, while renewed uncertainty over U.S. trade policy further dampened risk appetite. The world’s largest cryptocurrency dropped around 4% to $65,296.8 by 01:30 ET (06:30 GMT), after touching …
Read More »German Business Confidence Rises to Six-Month High, Signaling Early Signs of Economic Recovery
German business morale improved more than expected in February, reaching its highest level since August and reinforcing hopes that Europe’s largest economy may finally be turning a corner after a prolonged period of weakness. The Ifo institute said on Monday that its closely watched business climate index rose to 88.6 …
Read More »Dollar Weakens After Supreme Court Tariff Ruling as Trade and Iran Risks Unsettle Markets
The U.S. dollar slipped on Monday after a Supreme Court ruling against President Donald Trump’s sweeping tariff measures injected fresh uncertainty into U.S. trade policy, compounding existing concerns over rising geopolitical tensions with Iran. The euro rose 0.2% to $1.1808, while sterling gained 0.3% to $1.3519. The dollar also eased …
Read More »Oil Slides as U.S.–Iran Talks Ease Conflict Fears, Tariff Hikes Cloud Demand Outlook
Oil prices fell about 1% on Monday as investors weighed easing geopolitical tensions ahead of renewed U.S.–Iran nuclear talks against fresh uncertainty over global growth following new U.S. tariff measures. Brent crude futures declined 87 cents, or 1.21%, to $70.89 a barrel by 07:22 GMT, while U.S. West Texas Intermediate …
Read More »European Stocks Ease as Fresh U.S. Tariff Uncertainty Weighs on Sentiment
European equity markets edged lower on Monday as renewed uncertainty over U.S. trade policy dampened risk appetite at the start of the new week, offsetting recent optimism driven by improving earnings and economic data. By 03:02 ET (08:02 GMT), Germany’s DAX fell 0.6%, France’s CAC 40 slipped 0.2%, and the …
Read More »Gold Extends Rally as Trump’s Global Tariffs and Weak Dollar Boost Safe-Haven Demand
Gold prices climbed for a fourth consecutive session on Monday, extending last week’s gains as fresh global tariffs announced by U.S. President Donald Trump and a weaker U.S. dollar strengthened demand for the precious metal as a safe haven. Spot gold rose 0.8% to $5,148.66 an ounce by 01:52 ET …
Read More »Gold Extends Rally as U.S.–Iran Tensions Rise and Markets Await Key Inflation Data
Gold prices edged higher on Friday, building on gains from the previous two sessions, as investors balanced renewed geopolitical tensions between the United States and Iran against a stronger dollar and cautious signals from the Federal Reserve. By 06:00 ET (11:00 GMT), spot gold rose 0.8% to $5,034.77 per ounce, …
Read More »Nvidia Nears $30 Billion Stake in OpenAI in Landmark AI Funding Round
Nvidia is close to finalizing a $30 billion investment in OpenAI, marking a significant strategic move by the world’s leading AI chipmaker to take a direct stake in one of its largest and most influential customers, according to a person familiar with the matter. The investment is expected to form …
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