Market Update

Oil prices saw a modest recovery on Wednesday, bouncing back from a five-week low reached the previous day. The rebound was driven by rising concerns over potential supply disruptions, following U.S. President Donald Trump’s threats of tariffs on India over its continued crude purchases from Russia. As of 0645 GMT, …

The cryptocurrency market is on the cusp of a transformative era following a landmark decision by the U.S. Commodities Futures Trading Commission (CFTC) on August 4, 2025, to allow spot trading of crypto assets on regulated futures exchanges. This move responds to calls from a White House working group to …

Gold prices surged 0.20% to $3,381 per troy ounce, driven by mounting expectations of a Federal Reserve interest rate cut following lackluster U.S. economic data. The disappointing July Nonfarm Payrolls (NFP) report, combined with a slowdown in the services sector, has fueled speculation of monetary easing as early as September. …

Crude oil markets experienced significant volatility on Tuesday as escalating U.S. sanction threats against Russia heightened tensions, sending West Texas Intermediate (WTI) prices on a rollercoaster ride before settling lower. The Trump administration’s aggressive push for a ceasefire in Ukraine, a key promise of President Donald Trump’s campaign, has collided …

The U.S. dollar has maintained its strong upward momentum into the start of the week, bolstered by ongoing debates surrounding the White House’s trade tariff policies, speculation about further Federal Reserve interest rate cuts, and uncertainty over who will succeed Chair Jerome Powell. Meanwhile, global markets are closely watching the …

U.S. stock markets are retreating in Tuesday’s trading session, driven by a disappointing services sector report and rising concerns over escalating trade policies. This combination of weak economic data and political uncertainty has dampened investor confidence.The downturn follows the release of the U.S. Services Purchasing Managers’ Index (PMI) from the …

Bitcoin mining in 2025 confronts a multifaceted array of environmental, economic, regulatory, technical, and social challenges that demand innovative solutions to ensure the industry’s sustainability and profitability. The process consumes approximately 150 terawatt-hours of energy annually, generating significant carbon emissions that spark environmental concerns and intensify regulatory oversight. This high …

Dollar’s Mixed Signals Create Currency Tug-of-WarThe Euro is holding onto modest gains against the US Dollar, as a blend of conflicting economic signals from both sides of the Atlantic keeps investors in a state of flux. A sharp rebound in the Euro on Friday, triggered by a weaker-than-expected US jobs …

Palantir’s stock is soaring, driven by a blockbuster second-quarter earnings report that saw the company’s revenue top $1 billion for the first time. The data analytics and artificial intelligence (AI) powerhouse crushed Wall Street’s expectations, reporting adjusted earnings per share of $0.16 on $1 billion in sales, significantly higher than …

In a recent interview with CNBC, President Donald Trump made several key announcements regarding U.S. economic policy, including his thoughts on the Federal Reserve chairmanship, new tariffs, and ongoing international trade negotiations. Fed Chair AppointmentTrump confirmed that Scott Bessent has declined consideration for the role of Federal Reserve Chair, sparking …