Gold soared to another all-time high in early Asian trading on Tuesday, as geopolitical anxiety and uncertainty over U.S. monetary policy drove investors toward safe-haven assets. Gold Extends Historic Rally Spot Gold surged 1.7% to $3,482.76/oz Gold Futures (June) climbed 1.9% to $3,491.20/oz This marks the third consecutive session of …
Read More »U.S. Stock Futures Slide as Trump-Powell Rift Undermines Market Confidence
U.S. stock index futures fell sharply on Monday as investors reacted to mounting tensions between President Donald Trump and Federal Reserve Chair Jerome Powell, renewing fears over the central bank’s independence and further destabilizing sentiment already shaken by trade and monetary policy uncertainty. Trump-Powell Clash Sparks Market Turmoil The latest …
Read More »Dollar Plunges to Multi-Year Lows as Trump’s Fed Shake-Up Plan Jolts Investor Confidence
The U.S. dollar tumbled sharply on Monday, hitting multi-year lows against key global currencies, as markets were rattled by President Donald Trump’s push to oust Federal Reserve Chair Jerome Powell—a move that threatens to undermine the independence of the U.S. central bank. With investor confidence in U.S. monetary policy taking …
Read More »Oil Prices Slip Nearly 2% as U.S.-Iran Nuclear Talks and Russia-Ukraine Ceasefire Ease Supply Concerns
Oil prices fell sharply in early Asian trading on Monday, as progress in U.S.-Iran nuclear negotiations and a temporary ceasefire in Ukraine reduced the geopolitical risk premium that had recently driven crude markets higher. By 21:55 ET (01:55 GMT): Brent crude futures (June delivery) declined 1.8% to $66.76 per barrel …
Read More »Gold Hits Record High as Trump’s Fed Overhaul Plan and Russia-Ukraine Escalation Spur Safe-Haven Demand
Gold prices surged to fresh all-time highs in Asian trading on Monday, driven by deepening uncertainty over U.S. monetary policy and a spike in geopolitical tensions following the expiration of a short-lived Russia-Ukraine truce. Spot gold jumped 1.4% to $3,396.16 per ounce. Gold futures (June delivery) surged 1.8% to $3,388.20 …
Read More »Bitcoin Surges Over 3% as Dollar Hits 3-Year Low on Fed Turmoil Fears
Bitcoin rallied more than 3% on Monday, climbing to its highest level in nearly three weeks, as markets responded to a sharp decline in the U.S. dollar triggered by rising concerns over the independence of the Federal Reserve. By 02:31 ET (06:31 GMT), Bitcoin rose 3.2% to $87,518.0, recovering nearly …
Read More »Bitcoin Rises as Hopes for U.S. Trade Negotiations Lift Risk Appetite; Altcoins Rally
Bitcoin climbed on Thursday, rebounding from Wednesday’s lows as investors welcomed signs of possible trade de-escalation between the U.S. and major partners like Japan and China. Meanwhile, hawkish comments from Federal Reserve Chair Jerome Powell added a dose of caution but did little to dent the rebound in crypto markets. …
Read More »Russian Rouble Strengthens to 10-Month High Amid Rising Oil Prices, Easing Tensions
The Russian rouble strengthened past the 81 mark against the U.S. dollar on Thursday, reaching its highest level since June 28, 2024, as climbing oil prices and geopolitical optimism fueled investor demand for the currency. As of 09:00 GMT, the rouble was trading 1.5% higher at 80.90 per dollar in …
Read More »Trump Says China Reaching Out for Talks, Signals Openness to Trade Compromise
U.S. President Donald Trump said Thursday that China has made multiple overtures for renewed negotiations following Washington’s recent decision to raise tariffs on Chinese goods to 145%, and expressed confidence that a compromise between the two economic giants could still be reached. “We’re talking to China,” Trump told reporters. “We’ve …
Read More »Japan’s Nikkei Posts Best Week in Three Months on Trade Deal Optimism
Japan’s Nikkei 225 index rose 1.03% on Friday, closing at 34,730.28, marking its highest finish in two weeks and notching its strongest weekly performance since mid-January, as hopes grew for progress in U.S.-led trade negotiations. The index touched an intraday high of 34,758.97 before paring slightly into the close. The …
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