European equity markets traded slightly higher on Tuesday, supported by a flood of quarterly corporate earnings results and tentative hopes that global trade tensions could ease. At 03:05 ET (07:05 GMT): Germany’s DAX rose 0.5%. France’s CAC 40 gained 0.1%. U.K.’s FTSE 100 edged up 0.1%. The pan-European Stoxx 600 …
Read More »Gold Slips Over 1% as Easing Tariff Concerns Pressure Safe-Haven Demand
Gold prices retreated sharply in Asian trading on Wednesday, as a slight cooling of U.S.-China trade tensions and signals of softer U.S. tariff policies sapped demand for the precious metal. As of 02:08 ET (06:08 GMT): Spot Gold fell 1.1% to $3,308.93 per ounce. Gold Futures expiring in June declined …
Read More »Crude Oil Prices Fall as Trade War Fears Weigh on Demand Outlook
Oil prices slid further on Tuesday, as the prolonged U.S.-China trade conflict raised fears of a global recession and dampened expectations for fuel demand growth. By 04:00 GMT: Brent crude futures fell 44 cents, or 0.7%, to $65.42 per barrel. West Texas Intermediate (WTI) crude futures dropped 40 cents, or …
Read More »European Stocks Edge Higher as Tariff Hopes and Busy Earnings Week Lift Sentiment
European shares opened the week slightly higher on Monday, as investors weighed tentative signs of easing U.S.-China trade tensions and braced for a packed schedule of corporate earnings and key economic data. By 03:55 ET (07:55 GMT): The pan-European Stoxx 600 was up 0.3%. France’s CAC 40 climbed 0.5%. Germany’s …
Read More »Gold Prices Slip Further as Hopes for U.S.-China Trade Deescalation Weigh on Safe-Haven Demand
Gold prices extended their recent declines in Asian trading on Monday, moving further away from last week’s record highs, as signs of easing trade tensions between the U.S. and China reduced demand for safe-haven assets. Spot Gold fell 0.8% to $3,292.75 per ounce as of 01:54 ET (05:54 GMT). Gold …
Read More »Oil Prices Edge Higher but Remain Pressured by Trade and Supply Concerns
Oil prices inched higher on Monday, but gains remained modest as uncertainty over U.S.-China trade talks and the prospect of increased OPEC+ output continued to weigh on the outlook for global growth and fuel demand. Brent crude futures rose 21 cents, or 0.3%, to $67.08 a barrel by 0742 GMT. …
Read More »Asian Stocks Mixed as Toyota Surges, U.S.-China Trade Uncertainty Lingers
Asian stock markets traded mixed on Monday, with Japanese shares outperforming following a surge in Toyota shares, while Chinese markets remained subdued amid persistent uncertainty over U.S.-China trade talks. Wall Street closed last week with gains across major indexes, but U.S. stock futures pointed lower during Asian hours as trade …
Read More »Bank of Japan Expected to Hold Rates Steady Amid Rising Global Trade Risks
The Bank of Japan (BOJ) is widely expected to leave interest rates unchanged at its policy meeting concluding on Thursday, while warning of mounting risks to the fragile Japanese economy stemming from U.S. tariff escalation. Governor Kazuo Ueda signaled last week in Washington that while the BOJ remains committed to …
Read More »U.K. Retail Sales Defy Expectations with March Rise, Despite Trump Tariff Fallout
U.K. retail sales unexpectedly rose in March, surprising economists and offering a rare bright spot amid growing concerns over the impact of U.S. President Donald Trump’s aggressive trade policy on global sentiment. According to data from the Office for National Statistics (ONS) released Friday: Retail sales rose 0.4% month-on-month in …
Read More »Bitcoin Set for Weekly Gains Despite Cautious Trade on Mixed U.S.-China Signals
Bitcoin edged higher on Friday, adding to strong weekly gains after earlier optimism that U.S. President Donald Trump may soften his stance on trade tariffs. However, investors remained cautious due to conflicting signals around potential U.S.-China negotiations, limiting upside momentum in recent sessions. As of 02:23 ET (06:23 GMT): Bitcoin …
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