Commodities

Oil prices rose 1% on Wednesday, rebounding from early losses as reports suggested a possible thaw in U.S.-China relations, even as persistent concerns over a prolonged trade war and slowing global demand continued to weigh on the broader outlook. As of 09:37 GMT: Brent crude futures were up 64 cents …

Gold prices surged to a record high in Asian trading on Wednesday, powered by strong safe haven demand amid deepening U.S.-China trade tensions and mounting uncertainty over the global tech sector, after Nvidia issued a significant impairment warning tied to U.S. chip export restrictions. Spot gold jumped 1.7% to $3,317.92/oz …

European equity markets retreated on Wednesday, mirroring losses in Asia and on Wall Street, as a sharp escalation in the U.S.-China trade war reignited concerns over global economic growth and pressured risk sentiment. As of 03:05 ET (07:05 GMT): Germany’s DAX fell 0.5% France’s CAC 40 slipped 0.7% U.K.’s FTSE …

Global Markets Buzz as US Dollar Rebounds and Central Banks Take Center StageThe US Dollar took a breather from its recent sell-off on Tuesday, staging a modest recovery that pushed the US Dollar Index (DXY) above the critical 100.00 mark. Despite lingering trade tensions, market anticipation is running high ahead …

Oil prices climbed on Tuesday, April 15, 2025, driven by U.S. policy adjustments and a rebound in China’s crude oil imports. Brent crude futures increased by 27 cents, or 0.42%, to $65.15 per barrel, while U.S. West Texas Intermediate (WTI) crude rose 26 cents, also up 0.42%, to $61.79. The …

The Canadian dollar’s recent retreat from a five-month high against the U.S. dollar signals a market on edge, with all eyes on the Bank of Canada’s upcoming interest rate decision. After a 0.1% dip to 1.3875 per U.S. dollar, driven partly by a 0.6% drop in oil prices to $61.15 …

The U.S. dollar continued to drift lower on Tuesday, hovering close to its recent three-year low, as investor sentiment remains rattled by the Trump administration’s inconsistent and evolving trade policies. As of 04:45 ET (08:45 GMT): The Dollar Index (DXY) fell slightly to 99.395, just shy of last week’s low …

European equity markets mostly advanced on Tuesday, extending a cautious rebound as investors weighed corporate earnings, moderate economic data, and a glimmer of hope for relief from U.S. trade tariffs. As of 03:15 ET (07:15 GMT): Germany’s DAX rose 1.3% U.K.’s FTSE 100 gained 0.7% France’s CAC 40 edged 0.1% …

Gold prices dipped modestly in Asian trading on Tuesday, but remained within striking distance of record highs, as safe-haven demand held firm amid ongoing U.S.-China trade tensions and growing fears of a global economic slowdown. As of 01:51 ET (05:51 GMT): Spot gold was down 0.4% at $3,224.60 per ounce …

The U.S. dollar’s slide into a fourth week of losses underscores a shifting global landscape, with investors buoyed by easing U.S.-China trade tensions and a brighter risk appetite. As attention turns to the Reserve Bank of Australia’s (RBA) latest meeting minutes and the UK’s labor market report, these releases promise …