U.S. stock index futures climbed on Thursday, extending the prior session’s rebound after President Donald Trump announced a framework for a deal over Greenland and withdrew his threat to impose tariffs on several European countries. By 05:15 ET, Dow Jones Futures rose 195 points, or 0.4%, S&P 500 Futures gained …
Read More »Bitcoin Struggles Below $90,000 as Geopolitical Relief Fails to Spark Crypto Rally
Bitcoin edged slightly higher on Thursday but failed to reclaim the $90,000 level, even as easing geopolitical tensions between the United States and Europe lifted global markets. The world’s largest cryptocurrency was trading flat at $90,001.7 by 01:19 ET, lagging far behind the strong rally seen in equities, particularly technology …
Read More »European Stocks Rally After Trump Drops Greenland Tariff Threat
European markets surged on Thursday after U.S. President Donald Trump said he would not proceed with tariffs on European countries over Greenland and announced a framework agreement on the future of the Danish territory. By 08:05 GMT, Germany’s DAX jumped 1.2%, France’s CAC 40 climbed 1.3%, and the U.K.’s FTSE …
Read More »Gold Soars to New Records Near as Greenland Tensions Shake Markets
Gold prices surged to fresh all time highs in Asian trading on Wednesday, edging closer to the $4,900 an ounce mark as escalating tensions between the United States and Europe over Greenland rattled global markets and reignited demand for safe havens. Spot gold jumped 2.3% to $4,872.13 an ounce, after …
Read More »Oil Gains on Kazakhstan Disruptions, Slow Venezuelan Exports Signal Tighter Supply
Oil prices ended Wednesday higher, supported by optimism over tightening global supply after production was temporarily halted at two major oilfields in Kazakhstan and as Venezuela’s export recovery continued to lag. Brent crude settled up 32 cents, or 0.5%, at $65.24 a barrel, while U.S. West Texas Intermediate rose 26 …
Read More »Trump Tells Davos the U.S. Economy Is “Back in Full Force”
President Donald Trump used his address at the World Economic Forum in Davos on Wednesday to declare what he described as a dramatic economic turnaround during his first year back in office. Speaking to global political and business leaders, Trump contrasted current conditions with those under the previous administration, saying …
Read More »U.S. Futures Edge Higher After Market Rout as Trump Heads to Davos
U.S. stock index futures inched higher on Wednesday, stabilizing after the previous session’s sharp selloff, as investors braced for President Donald Trump’s address at the World Economic Forum in Davos, Switzerland. By 05:15 ET, Dow Jones Futures were up 46 points, or 0.1%, S&P 500 Futures gained 0.2%, and Nasdaq …
Read More »Bitcoin Slides Toward Yearly Lows as Greenland Tensions and Japan Debt Fears Rattle Markets
Bitcoin fell below key technical levels on Wednesday, as rising geopolitical risks tied to the U.S.-Greenland dispute and mounting concerns over Japan’s fiscal outlook curbed appetite for speculative assets. The world’s largest cryptocurrency slipped 1.2% to $89,801 by 01:10 ET, hovering near its weakest levels of the year. The move …
Read More »Oil Slides as U.S. Inventory Build Fears Eclipse Kazakhstan Outage and Geopolitical Risks
Oil prices eased on Wednesday as expectations of a rise in U.S. crude inventories outweighed supply disruptions in Kazakhstan and renewed geopolitical tensions linked to U.S. tariff threats over Greenland. Brent futures fell 0.9% to $64.37 a barrel, while U.S. West Texas Intermediate declined 0.7% to $59.92 by mid-morning in …
Read More »European Markets Mixed as Investors Await Trump’s Davos Speech
European stocks traded in a mixed pattern on Wednesday, with investors staying cautious ahead of U.S. President Donald Trump’s highly anticipated address at the World Economic Forum in Davos later in the day. At 08:05 GMT, Germany’s DAX slipped 0.3%, France’s CAC 40 was largely unchanged, while the U.K.’s FTSE …
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