European stocks pushed higher on Friday, with investors leaning into risk after a dovish Federal Reserve tone outweighed fresh signs of softness in U.K. growth. By 03:05 ET (08:05 GMT): Germany’s DAX rose 0.5% France’s CAC 40 gained 0.2% U.K.’s FTSE 100 climbed 0.4% Fed Cut and Record Wall Street …
Read More »Gold Slips but Heads for Weekly Gain as Dovish Fed Boosts Metals; Silver Holds Near Record Highs
Gold prices edged lower in Asian trading on Friday, pausing after a sharp week-long rally fueled by a more dovish-than-expected Federal Reserve and broad strength across precious and industrial metals. Despite the mild pullback, gold and most major metals remained on track for solid weekly gains, supported by a weaker …
Read More »Oil Slides to Seven-Week Low as Supply Glut Overshadows Global Support Factors
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 …
Read More »Silver Shines Again: Chinese Stockpile Decline Sparks Fresh Investor Demand
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 …
Read More »Gold Advances as US Dollar Weakens Amid Fed Caution
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 …
Read More »IEA Trims 2026 Oil Surplus View as Demand Outlook Improves, Supply Growth Cools
The International Energy Agency (IEA) has revised its medium-term oil outlook, projecting a slightly tighter market in 2026 than previously anticipated, as stronger demand collides with a softer pace of supply growth. In its latest monthly report, the Paris-based agency lifted its global oil demand forecasts for both 2025 and …
Read More »Oil Prices Edge Higher After U.S. Seizes Sanctioned Venezuelan Tanker; Crude Stocks Decline
Oil prices rose in Asian trading on Thursday after the United States seized a sanctioned oil tanker near Venezuela, raising concerns about potential supply disruptions, while a drop in U.S. crude inventories added further support. As of 21:38 ET (02:38 GMT): Brent (Feb) rose 0.4% to $62.44 per barrel WTI …
Read More »European Stocks Slip as Tech Sector Weakens After Oracle Outlook; Fed Easing Signals Offer Limited Support
European shares traded lower on Thursday, as a selloff in technology stocks—triggered by a downbeat forecast from U.S. cloud firm Oracle—offset investor relief over the Federal Reserve’s policy signals, which were less hawkish than feared. The STOXX 600 slipped 0.3% to 576.78 by 08:09 GMT, with major regional indices in …
Read More »Gold Slips as Traders Digest Dovish-Tilt Fed; Silver Retreats After Fresh Record High
Gold prices declined in Asian trading on Thursday as markets absorbed the Federal Reserve’s latest policy signals, while silver eased after briefly touching a new all-time high earlier in the session. Metal markets were mixed overall. Although the Fed cut interest rates as expected and announced a major liquidity-boosting plan, …
Read More »Oil Prices Hold Steady Amid Supply Concerns and Fed Watch
Crude oil prices showed minor fluctuations Wednesday, with West Texas Intermediate (WTI) trading around $58.28 per barrel, down slightly from the previous close of $58.38. Brent crude meanwhile was near $61.99 per barrel, marking a small dip from its last session.The U.S. Energy Information Administration (EIA) recently reported a decline …
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