The Bank of England (BOE) maintained its benchmark interest rate at 4.25% on Thursday, a widely expected decision as the central bank continues to pursue a gradual approach to monetary policy easing. This decision follows the BOE’s recent cut in May, when it reduced its Bank Rate by 25 basis …

Bitcoin rose marginally on Thursday, staying within its tight trading range as growing speculation over U.S. involvement in the Israel-Iran conflict kept investors cautious. The world’s largest cryptocurrency climbed 0.1% to $104,900.0 at 05:20 ET (09:20 GMT), with prices hovering between $103,000 and $108,000 over the past week, largely driven …

Gold prices dropped in Asian trade on Thursday as the Federal Reserve’s hawkish stance strengthened the U.S. dollar, putting pressure on bullion prices. Meanwhile, rising geopolitical risks, particularly the potential for U.S. involvement in the Israel-Iran conflict, capped the losses in gold. Spot Gold fell 0.5% to $3,353.92 per ounce, …

European stocks dropped on Thursday, with investors cautious ahead of a series of central bank meetings, as renewed speculation about U.S. involvement in the Israel-Iran conflict weighed on market sentiment. As of 03:15 ET (07:15 GMT), the DAX index in Germany fell 0.7%, the CAC 40 in France slipped 0.7%, …

Oil prices fell in volatile trading on Thursday as market participants weighed the likelihood of U.S. involvement in the ongoing Israel-Iran conflict, while a stronger dollar provided resistance to recent gains in crude prices. Initially, oil prices dropped as much as 1% during early Asian trade, but the losses were …

Nippon Steel Corporation (TSE: 5401) has successfully finalized its acquisition of United States Steel (NYSE: X) in a deal valued at approximately $14.9 billion, the companies announced on Wednesday. This strategic acquisition creates a “world-leading steelmaker,” combining the strengths of both companies in the global steel market. Terms of the …

New applications for unemployment insurance in the United States dropped to 245K for the week ending June 14, according to the U.S. Department of Labor (DOL) on Thursday. This figure matched initial estimates and was a decrease from the previous week’s revised tally of 250K (revised from 248K). The report …

Bitcoin extended its recent losses on Wednesday, as the ongoing Israel-Iran conflict continued to weigh on investor sentiment and quash risk appetite. The broader cryptocurrency market also retreated, with few signs of deescalation in the conflict. Traders were also focused on potential U.S. intervention following President Donald Trump’s harsh rhetoric …

U.S. stock futures edged higher on Wednesday as traders evaluated the ongoing Israel-Iran conflict and braced for the conclusion of the Federal Reserve’s policy meeting later in the day. At 05:20 ET (09:20 GMT), Dow Jones Futures gained 100 points, or 0.2%, S&P 500 Futures rose 20 points, or 0.3%, …

European stocks steadied on Wednesday as investors remained cautious, closely monitoring the ongoing Israel-Iran conflict and awaiting the conclusion of the latest Federal Reserve policy meeting. As of 03:05 ET (07:05 GMT), the DAX index in Germany dropped 0.1%, while the CAC 40 in France gained 0.2%, and the FTSE …