Market Update

Oil prices fell on Wednesday as concerns over rising U.S. crude stockpiles and a potential escalation in the U.S.-China trade war weighed on market sentiment, despite renewed efforts by U.S. President Trump to curb Iranian crude exports. Market Movement Brent crude futures dropped 66 cents (-0.87%) to $75.54 per barrel …

Apple Inc. (NASDAQ: AAPL) is under review by China’s antitrust watchdog, the State Administration for Market Regulation (SAMR), over its App Store policies and developer fees, according to a Bloomberg report on Wednesday. Key Focus of the Review Regulators are examining Apple’s 30% commission on in-app purchases and its ban …

European stock markets edged lower on Wednesday as investors digested corporate earnings, global trade tensions, and upcoming economic activity data from the region. At 08:05 GMT (03:05 ET): Germany’s DAX fell 0.4% France’s CAC 40 declined 0.2% UK’s FTSE 100 slipped 0.1% Trade War Fears Weigh on Sentiment Market caution …

Gold surged to an all-time high in Asian trade on Wednesday, as escalating U.S.-China trade tensions and geopolitical concerns drove strong safe-haven demand for the yellow metal. Spot gold rose 0.6% to a record $2,858.27 an ounce, while gold futures for April delivery climbed 0.4% to $2,885.39 an ounce. Trade …

Bitcoin extended its losses on Wednesday, retreating below the critical $100,000 threshold as escalating U.S.-China trade tensions fueled investor caution and heightened global market volatility. As of 1:45 ET (06:55 GMT), Bitcoin (BTC) was down 1.8% at $97,601.8, failing to sustain gains after briefly surpassing the six-figure milestone in recent …

Dow Jones PerformanceThe Dow Jones Industrial Average (DJIA) is comfortably hovering around the 44,450 mark on Tuesday. Despite persistent trade tensions with China, the market has adjusted to the expected tariff breaks.Trade Tensions and Tariff SuspensionPresident Donald Trump has once again delayed nearly all of his recent trade war tariffs, …

The US dollar weakened further on Tuesday as markets reacted to US tariff announcements and potential Chinese retaliation. Here’s a market overview for Wednesday, February 5th:US Dollar Index (DXY): The dollar index remained above 108.00 due to tariff concerns and rising US yields, failing to mount a recovery. Key US …

The Canadian dollar (CAD) rebounded strongly on Tuesday, recovering 1.55% after earlier fears of US tariffs subsided. The US had threatened tariffs on Canadian goods, including a 25% levy on all goods and a 10% import fee on energy products. However, these threats were withdrawn for 30 days. This decision …

Euro Gains Momentum, Eyes Key ResistanceThe euro (EUR) has gained ground against the US dollar (USD) on Tuesday, rising to 1.0335 and demonstrating renewed bullish momentum. A key development has been the pair’s decisive break above the 20-day Simple Moving Average (SMA) at 1.0360. This level had previously acted as …

The British pound (GBP) has strengthened against the US dollar (USD) for the second consecutive day. This upward movement follows the delay of US tariff threats on Mexico and Canada. The postponement is due to ongoing negotiations between the involved parties, focused on combating fentanyl trafficking and illegal immigration. 1 …