Oil prices fell sharply on Thursday as the market grappled with mounting concerns over abundant global supply, sending crude to its lowest level in nearly two months. West Texas Intermediate (WTI) for January delivery dropped 1.4%, while gasoline futures slid 1.2%, with gasoline prices sinking to their weakest point in …

Silver is regaining momentum in global markets, supported by a sharp drop in Chinese inventories and a renewed surge in investment interest. With supply tightening and demand rising, the metal appears poised to reclaim its role as a key safe-haven asset during a period marked by heightened global economic uncertainty.Recent …

The US dollar slipped to its lowest level in nearly six weeks on Thursday, following the Federal Reserve’s widely anticipated decision to cut interest rates by 25 basis points. Markets had already priced in more than a 95% chance of the move, yet its ripple effects were clearly felt across …

U.S. stocks delivered a mixed performance on Thursday as investors navigated a blend of new economic data and corporate earnings that fueled both optimism and caution. The S&P 500 slipped about 0.3%, while the tech-heavy Nasdaq 100 fell more than 1%, marking its lowest level in a week. In contrast, …

Gold prices remained steady on Thursday, regaining some of the losses seen earlier in the week as the US Dollar weakened. Investors are carefully assessing the economic landscape and the Federal Reserve’s recent actions, weighing the potential for future gains against ongoing uncertainties. At the same time, gold continues to …

The euro extended its gains against the US dollar on Thursday, climbing to 1.17521 USD, up 0.49% (+0.00575) from the previous session. This marks the strongest level for the euro against the dollar in more than nine weeks, reflecting growing confidence in the European currency as the dollar comes under …

The US Dollar slid against the Japanese Yen on Thursday as fresh labor-market figures pointed to a cooling US economy, adding pressure on the currency while speculation about possible policy tightening in Japan grew stronger.The latest jobless data showed a marked rise in new unemployment claims, signaling that the US …

Shares of Oracle tumbled after its latest quarterly earnings slightly missed expectations, raising fresh concerns about the returns from its aggressive push into artificial intelligence.Oracle reported $16.1 billion in revenue for the three months ending in November, just below analyst forecasts. While overall revenue grew 14% and its AI-focused cloud …

Federal Reserve Chair Jerome Powell delivered a calm and measured message on Wednesday, working to cool market expectations for continued monetary easing. He emphasized that the U.S. economy is “in a good place” and that current interest rates sit within a “reasonable range” close to the neutral level that balances …

The Dow Jones Industrial Average powered higher on Wednesday, rising more than 1.2% after the Federal Reserve announced its third consecutive interest-rate cut. The move instantly boosted market sentiment, pushing the Dow toward four-week highs as investors grew more confident that additional easing could follow in the coming months.The Fed’s …