Market Update

Gold prices declined in Asian trading on Tuesday, extending recent losses after U.S. President Donald Trump’s decision to postpone steep tariffs on the European Union helped buoy global risk sentiment. Spot gold fell 0.5% to $3,326.53 an ounce, while gold futures for August dropped 1.2% to $3,353.09/oz by 01:30 ET …

Down -0.47%, trading at 3,342.47 per ounce, at the time of writing, gold prices experienced a modest pullback this week, a movement largely attributed to a temporary de-escalation of trade tensions and thin market activity. However, this dip appears to be a fleeting moment in a broader bullish narrative for …

Christine Lagarde, President of the European Central Bank (ECB), stated on Monday that “US policies are strengthening the euro’s international role.” However, she did not directly discuss the central bank’s interest rate decisions.Lagarde also noted that “global fragmentation and the shift away from multilateralism pose risks to the European economy, …

Persistent Decline Amid Tariff ConcernsFutures contracts for crude oil continued their decline from the start of Monday’s trading session, May 26, 2025, as renewed fears over customs tariffs and their potential negative impacts on the U.S. and global economies resurfaced, alongside waning consumer confidence.Relief in U.S.-EU Trade TalksDespite the downward …

Markets Pause for Memorial DayThe New York Stock Exchange remained closed on Monday, May 26, 2025, in observance of Memorial Day. However, market sentiment points to a likely downturn in U.S. stock prices during Tuesday’s opening session, driven primarily by technology stocks. This anticipated decline follows threats from U.S. President …

The U.S. dollar is staging a notable recovery in early week trading, buoyed by a sudden de-escalation of trade tensions between the United States and the European Union. A last-minute extension of a threatened 50% tariff on European goods by U.S. President Donald Trump has offered markets a much-needed sigh …

Oil prices rose on Monday after U.S. President Donald Trump extended a deadline for trade talks with the European Union, easing fears of imminent tariffs that could have dampened global fuel demand. As of 09:19 GMT, Brent crude futures were up 39 cents, or 0.6%, at $65.17 per barrel, while …

The U.S. dollar edged lower against its major counterparts on Monday as markets reacted positively to President Donald Trump’s decision to postpone a planned 50% tariff on European Union imports. The move boosted risk sentiment, sending U.S. equity futures higher and helping the euro gain ground. The U.S. Dollar Index …

European equity indices opened higher on Monday, buoyed by relief that U.S. President Donald Trump has delayed his proposed 50% tariffs on European Union imports. This move has eased concerns over a potential trade war between two of the world’s largest economies and fueled optimism across European markets. As of …

Oil prices inched higher in Asian trading on Monday after U.S. President Donald Trump extended the deadline for his proposed 50% tariffs on the European Union, offering some relief to global markets amid ongoing trade tensions. However, concerns about oversupply—driven by the prospect of OPEC+ raising production—kept gains in check. …