The U.S. dollar traded slightly lower on Wednesday as investors turned cautious ahead of quarterly earnings from artificial intelligence heavyweight Nvidia, widely seen as a key catalyst for broader market sentiment. By 03:50 ET (08:50 GMT), the Dollar Index—which measures the greenback against a basket of six major currencies—was down …
Read More »European Stocks Edge Higher as Risk Appetite Improves and Earnings Season Intensifies
European equities traded modestly higher on Wednesday, supported by improving global risk sentiment as investors digested a heavy slate of major corporate earnings and signs that uncertainty around U.S. trade policy is beginning to stabilize. By 03:02 ET (08:02 GMT), Germany’s DAX rose 0.1%, France’s CAC 40 gained 0.2%, and …
Read More »Oil Holds Near Seven-Month Highs as U.S.–Iran Tensions Offset Inventory Build and Trade Jitters
Oil prices rose in Asian trading on Wednesday, remaining just below seven-month highs reached earlier this week, as persistent geopolitical risks surrounding the U.S.–Iran standoff outweighed bearish signals from a sharp rise in U.S. crude inventories and renewed uncertainty over global trade policy. By 22:41 ET (03:41 GMT), Brent crude …
Read More »Wall Street Futures Edge Higher After Sharp Selloff as Trade Turmoil and AI Fears Linger
U.S. stock index futures ticked higher on Tuesday, attempting a modest rebound after a sharp selloff in the previous session, as investors continued to grapple with mounting uncertainty over global trade policy and renewed fears of artificial intelligence–driven disruption ahead of key earnings from Nvidia. By 05:45 ET (10:45 GMT), …
Read More »Pound Slips Ahead of Key BoE Testimony as Markets Weigh Odds of March Rate Cut
The British pound edged lower on Tuesday as investors turned cautious ahead of parliamentary testimony from four Bank of England policymakers, with markets closely watching for clues on whether interest rates could be cut as early as March. Sterling traded at $1.3491 against the U.S. dollar at 11:36 GMT, down …
Read More »Bitcoin Slides to Six-Month Low, Erasing Half Its Value as Tariff Uncertainty Fuels Risk Aversion
Bitcoin fell sharply on Tuesday, extending its recent downturn and wiping out roughly half of its value from the record highs seen in October, as uncertainty over U.S. tariff policy and broader risk-off sentiment weighed heavily on cryptocurrency markets. The world’s largest cryptocurrency dropped nearly 4% to $63,131.3 by 01:13 …
Read More »U.S. Customs Halts Collection of Trump’s Emergency Tariffs After Supreme Court Ruling
U.S. Customs and Border Protection (CBP) said it will stop collecting tariffs imposed under the International Emergency Economic Powers Act (IEEPA) starting at 12:01 a.m. EST (05:01 GMT) on Tuesday, more than three days after the U.S. Supreme Court ruled the measures illegal. In a notice sent to shipping companies …
Read More »Gold Pulls Back as Profit-Taking and Stronger Dollar Halt Bullion Rally
Gold prices eased on Tuesday as investors locked in profits after the precious metal surged more than 2% in the previous session, while a firmer U.S. dollar added further pressure to prices. Spot gold slipped 1% to $5,179.77 per ounce by 07:35 GMT, snapping a four-session winning streak and retreating …
Read More »Dow Plunges Over 800 Points as Tariff Jitters and AI Disruption Concerns Rattle Markets
Wall Street Slides as Trump Tariff Uncertainty and AI Fears Jolt Markets; Gold and Volatility Surge U.S. stocks fell sharply on Monday as renewed uncertainty over President Donald Trump’s proposed tariffs and lingering concerns about artificial intelligence weighed heavily on investor sentiment, driving a flight to safe havens and a …
Read More »Bitcoin Slides Below $65,000 as Whale Selling and U.S. Trade Uncertainty Weigh on Crypto Markets
Bitcoin briefly fell below the $65,000 level during Asian trading on Monday, remaining under sustained pressure as large holders continued to offload cryptocurrencies, while renewed uncertainty over U.S. trade policy further dampened risk appetite. The world’s largest cryptocurrency dropped around 4% to $65,296.8 by 01:30 ET (06:30 GMT), after touching …
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