Commodities

China and the European Union have scheduled urgent trade negotiations to address escalating economic disputes, with a high-level summit planned for late July 2025 in Beijing. The talks aim to resolve critical issues surrounding market access, rare earth exports, and electric vehicle tariffs, as both sides navigate the fallout from …

Oil prices edged lower on Wednesday, giving back part of their recent rally as unexpectedly weak U.S. labor market data raised fresh concerns over the health of the world’s largest oil-consuming economy. By 08:45 ET (12:45 GMT): Brent crude fell 0.7% to $65.17 per barrel West Texas Intermediate (WTI) dropped …

Gold prices traded in a narrow range during Asian hours on Wednesday, as investors balanced a modest return in risk appetite against persistent safe haven demand. Speculation over a possible meeting between U.S. President Donald Trump and China’s President Xi Jinping helped buoy market sentiment, but gold remained well-supported amid …

Oil prices saw a notable increase on Tuesday, with futures contracts rising by 2.00% to $63.30 per barrel, up from $62.98. This surge is primarily driven by escalating geopolitical tensions in Eastern Europe, which intensified after Ukraine’s recent strikes deep within Russian territory.Beyond the immediate conflict, several other factors are …

Gold’s recent downturn on Tuesday, with futures contracts falling to $3376 per ounce from a previous close of $3406, highlights a critical interplay between currency strength and precious metal valuations. This movement is not an isolated event but a clear reaction to a resurgent U.S. dollar, fueled by a confluence …

On Dubai TV, Mohamed Hashad, Head of Research and Development at Noor Capital and a member of the American Association of Technical Analysts, commented on the latest developments in the financial markets.Oil Market DevelopmentsRegarding oil, Hashad stated that oil prices saw a significant rise at the beginning of this month …

The Russia-Ukraine conflict, ongoing since February 2022, continues to ripple through global financial markets, with early June 2025 events amplifying uncertainty. Ukraine’s drone attacks on Russian air bases and stalled peace talks in Istanbul have driven volatility in equities, energy, and safe-haven assets. These developments signal prolonged geopolitical tensions, threatening …

Eurozone inflation slowed sharply in May, easing below the European Central Bank’s 2% target for the first time in over two years, bolstering expectations for additional interest rate cuts even as global trade tensions and structural challenges pose longer-term inflation risks. Data from Eurostat on Tuesday showed consumer prices in …

European equity indices posted modest gains early Tuesday, with investors eyeing the release of key eurozone inflation data that could shape the European Central Bank’s next policy moves. Caution also lingered over global trade tensions and upcoming central bank decisions. As of 03:02 ET (07:02 GMT), Germany’s DAX rose 0.3%, …

Gold prices slipped in Asian trade on Tuesday as traders booked profits after a strong rally fueled by renewed geopolitical risks and persistent trade tensions. The yellow metal had surged over 2% on Monday, buoyed by heightened uncertainty surrounding the Russia-Ukraine war, U.S.-Iran nuclear talks, and ongoing concerns about U.S. …