Commodities

Global financial markets are entering a volatile phase as escalating conflict in the Middle East collides with surprising weakness in the US labor market. The combination of geopolitical tensions and disappointing economic data is reshaping investor sentiment, sending oil prices sharply higher while creating uncertainty around the direction of the …

In the first seven days of the Iran–US turmoil, the most immediate economic repercussions have been sharp increases in global oil prices, heightened inflationary pressures, and volatility in financial markets. Brent crude surged 8-13% (briefly topping $82 per barrel and settling near $81-85), while the short-term shock has already disrupted …

Federal Reserve officials have indicated that recent spikes in gas prices are unlikely to cause lasting inflationary pressure. While consumers may feel the pinch at the pump, the central bank expects these price jumps to be temporary and not derail overall economic stability.The Fed highlighted that short-term fluctuations in energy …

Gold prices edged higher in Asian trading on Friday, but the precious metal remained on track for a weekly decline as a stronger U.S. dollar and rising Treasury yields offset safe-haven demand driven by escalating tensions in the Middle East. By 01:29 ET (06:29 GMT), spot gold rose 0.8% to …

Oil prices traded near flat in Asian trading on Friday after a sharp rally earlier in the week, with markets still on track for substantial weekly gains as escalating tensions in the Middle East stoked fears of global supply disruptions. By 01:49 ET (06:49 GMT), Brent crude futures for May …

Global oil markets have been jolted by a sudden surge in prices as crude climbed sharply and flirted with a fresh high above the $80 per barrel level for the first time since mid-2024. The move comes amid rapidly escalating tensions in the Middle East that have raised fears of …

Gold slid to $5,075 per ounce on Thursday, erasing recent gains as the US Dollar gained strength. Investors turned to the Greenback following solid US jobs data and rising Treasury yields, which overshadowed geopolitical concerns in the Middle East.US Jobs Data Boosts Dollar, Pressures GoldThe latest US labor reports showed …

February US payrolls indicate a continued stabilization in the labor market, supporting expectations that the Federal Reserve will maintain its current interest rate stance. Nonfarm payrolls (NFP) are estimated to have slowed to 60,000 new jobs in February, down from January’s unexpectedly strong gain of 130,000. Private sector jobs contribute …

Gold prices traded largely flat on Thursday, giving up earlier gains as the U.S. dollar rebounded, while ongoing conflict in the Middle East continued to support safe-haven demand for the precious metal. By 01:31 ET (06:31 GMT), spot gold was little changed at $5,142.98 per ounce, after climbing nearly 1% …

Oil prices jumped sharply in Asian trading on Thursday as the conflict in the Middle East entered its sixth day with no clear signs of de-escalation, fueling fears of significant supply disruptions from one of the world’s most critical energy-producing regions. By 01:01 ET (06:01 GMT), Brent crude futures rose …