Oil prices surged in Asian trading on Tuesday, rebounding strongly after the previous session’s steep losses, as Iran denied claims of negotiations with the United States and renewed concerns over supply disruptions gripped markets. By 00:42 ET (04:42 GMT): Brent crude rose 4.1% to $104.07 per barrel WTI crude climbed …
Read More »U.S. Dollar Steadies as Markets Weigh Iran De-Escalation Signals
The U.S. dollar stabilized on Monday after earlier gains, as investors reacted to signs of potential de-escalation in the Middle East following a pause in planned U.S. military action against Iran. By 08:05 ET (12:05 GMT): The U.S. Dollar Index dipped 0.1% to 99.59 EUR/USD slipped 0.1% to 1.1560 GBP/USD …
Read More »U.S. Stock Futures Surge on De-Escalation Hopes in Iran Conflict
U.S. stock index futures rallied sharply on Monday, as markets responded positively to signs of potential de-escalation in the Middle East following a pause in planned U.S. military action against Iran. By 08:20 ET (12:20 GMT): Dow Jones futures jumped 1.9% S&P 500 futures rose 1.8% Nasdaq 100 futures gained …
Read More »United Airlines Shares Slip as Carrier Cuts Flights Amid Fuel Price Surge
United Airlines shares moved lower in premarket trading on Monday after the company announced further reductions to unprofitable routes, as it prepares for a prolonged period of elevated fuel costs linked to the ongoing Iran conflict. By 05:59 ET, the stock was down 1.7% ahead of the opening bell. Fuel …
Read More »Bitcoin Slips as Iran Tensions Trigger Broad Risk-Off Sentiment
Bitcoin declined on Monday, extending losses from the weekend as escalating geopolitical tensions in the Middle East pushed investors away from risk-sensitive assets. By 01:34 ET (05:34 GMT): Bitcoin fell 0.7% to $68,652 The world’s largest cryptocurrency has now given back part of its recent gains, as markets reassess the …
Read More »Gold Plunges as Inflation Fears and Rate Outlook Eclipse Safe-Haven Demand
Gold prices tumbled sharply in Asian trading on Monday, as rising concerns over inflation and persistently high interest rates overshadowed the metal’s traditional role as a safe haven—even as geopolitical tensions in the Middle East intensified. By 02:18 ET (06:18 GMT): Spot gold fell 4.6% to $4,287.05 per ounce Gold …
Read More »Oil Holds Near Highs as Trump Issues Ultimatum Over Strait of Hormuz
Oil prices traded in volatile fashion on Monday, hovering near recent peaks as geopolitical tensions escalated sharply following a 48-hour ultimatum from U.S. President Donald Trump to Iran to reopen the Strait of Hormuz. By 00:26 ET (04:26 GMT): Brent crude rose 0.6% to $112.91 per barrel WTI crude gained …
Read More »U.S. Futures Slip as Oil Surge and Middle East Escalation Rattle Markets
U.S. stock futures edged lower on Thursday, as a sharp spike in oil prices and escalating geopolitical tensions in the Middle East weighed on investor sentiment. By 06:43 ET (10:43 GMT): Dow futures fell 67 points (0.2%) S&P 500 futures declined 0.2% Nasdaq 100 futures dropped 0.3% Oil-driven inflation fears …
Read More »Oil Surges on Middle East Escalation as Supply Fears Intensify
Oil prices jumped sharply on Thursday, with West Texas Intermediate (WTI) briefly crossing the $100 per barrel mark, as escalating attacks on energy infrastructure heightened fears of prolonged supply disruptions in the Middle East. By 23:57 ET (03:57 GMT), Brent crude surged 4.3% to $111.97 per barrel, while WTI rose …
Read More »UK Labour Market Stabilises as Energy Risks Cloud Outlook
The UK labour market showed signs of stabilization in February, with steady unemployment and stronger-than-expected job growth, even as rising energy costs threaten to weigh on the economic outlook. Unemployment held at 5.2%, below expectations of 5.3%, while payrolls increased by 20,000, outperforming forecasts for a decline of 5,000. Employment …
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