Gold prices declined in Asian trading on Tuesday, extending recent losses after U.S. President Donald Trump’s decision to postpone steep tariffs on the European Union helped buoy global risk sentiment. Spot gold fell 0.5% to $3,326.53 an ounce, while gold futures for August dropped 1.2% to $3,353.09/oz by 01:30 ET …
Read More »Oil Prices Edge Higher as Trump Extends EU Tariff Deadline, Markets Watch OPEC+ and Geopolitical Risks
Oil prices rose on Monday after U.S. President Donald Trump extended a deadline for trade talks with the European Union, easing fears of imminent tariffs that could have dampened global fuel demand. As of 09:19 GMT, Brent crude futures were up 39 cents, or 0.6%, at $65.17 per barrel, while …
Read More »Dollar Dips as Markets Cheer Trump’s Delay of EU Tariff Hike
The U.S. dollar edged lower against its major counterparts on Monday as markets reacted positively to President Donald Trump’s decision to postpone a planned 50% tariff on European Union imports. The move boosted risk sentiment, sending U.S. equity futures higher and helping the euro gain ground. The U.S. Dollar Index …
Read More »European Markets Rise as Trump Delays Tariffs on EU; German Automakers and Oil Stocks Gain
European equity indices opened higher on Monday, buoyed by relief that U.S. President Donald Trump has delayed his proposed 50% tariffs on European Union imports. This move has eased concerns over a potential trade war between two of the world’s largest economies and fueled optimism across European markets. As of …
Read More »Oil Prices Edge Up on Trump Tariff Delay, But OPEC+ Supply Fears Cap Gains
Oil prices inched higher in Asian trading on Monday after U.S. President Donald Trump extended the deadline for his proposed 50% tariffs on the European Union, offering some relief to global markets amid ongoing trade tensions. However, concerns about oversupply—driven by the prospect of OPEC+ raising production—kept gains in check. …
Read More »Gold Eases as Trump Pauses EU Tariff Threat, But Weak Dollar and Stagflation Fears Lend Support
Gold prices slipped modestly in Asian trading on Monday, pulling back from last week’s gains after U.S. President Donald Trump over the weekend backed off from his threat to immediately impose 50% tariffs on the European Union. Spot gold dipped 0.2% to $3,349.45 an ounce, while gold futures for June …
Read More »U.S. Dollar Falls Sharply as Fiscal Concerns Mount, Euro and Yen Strengthen on Growth and Inflation Data
The U.S. dollar extended losses on Friday, putting it on track for its worst weekly performance since early February, as concerns over Washington’s mounting fiscal risks deepened following the House’s approval of President Donald Trump’s sweeping tax and spending bill. At 05:00 ET (09:00 GMT), the Dollar Index — which …
Read More »German Economy Beats Expectations in Q1 on Pre-Tariff Export Surge, but Momentum Seen as Temporary
Germany’s economy grew more than initially estimated in the first quarter of 2025, buoyed by a sharp rise in exports and industrial activity as firms rushed to ship goods ahead of looming U.S. tariffs, according to revised data released Friday by the federal statistics office. Gross domestic product (GDP) expanded …
Read More »Wall Street Futures Stabilize, But Weekly Losses Loom Amid U.S. Debt Concerns and Tax Bill Uncertainty
U.S. stock index futures held steady in early trading Friday, following a volatile week dominated by fiscal concerns and political wrangling in Washington. At 05:55 ET (09:55 GMT), Dow Jones Futures edged down 10 points (-0.1%), while S&P 500 Futures inched up 3 points (+0.1%), and Nasdaq 100 Futures gained …
Read More »Bitcoin Holds Near Record High as Stablecoin Optimism and ETF Inflows Sustain Momentum
Bitcoin hovered just below its all-time high on Friday, easing slightly amid profit-taking and large-scale wallet movements, but continued to enjoy strong support from bullish U.S. regulatory developments and persistent demand from institutional investors. As of 02:05 ET (06:05 GMT), Bitcoin traded at $110,827.50, down 0.6% from the previous session. …
Read More »