Market Update

The Japanese yen remained under pressure on Friday, with the US dollar trading near 160.20 yen as investors shifted their attention to a pivotal week for global monetary policy.Markets are increasingly expecting the Bank of Japan to raise interest rates at its upcoming meeting, a move that would mark another …

Gold prices steadied on Friday as investors waited for greater clarity on a potential agreement between the United States and Iran, with the precious metal attempting to recover after a difficult week.Spot gold traded around $4,211 per ounce, after rising earlier in the day to $4,247. The rebound follows a …

Key Takeaways Bitcoin rises modestly: The world’s largest crypto gained 0.9% to $63,337.8 — up about 4% on the week after last week’s 17% crash. Trading near annual lows: Despite the weekly bounce, Bitcoin remains close to its lowest levels of the year. Trump’s peace deal claim: The president said …

Key Takeaways Dollar weakens: The DXY ticked 0.1% lower in London trade, stabilizing after sliding to a one-week low overnight; on track for a 0.3% weekly loss. Euro near weekly high: EUR/USD hovered at its strongest level in a week, poised for its best weekly performance in over a month. …

Key Takeaways Futures reverse: S&P 500 futures fell 0.1% to 7,390.25; Nasdaq 100 futures dropped 0.3% to 29,385.50; Dow futures were flat at 50,883.0. Initial gains erased: Futures had climbed after Thursday’s Wall Street surge before Iran’s cautious comments cooled optimism. Wall Street surged Thursday: The S&P 500, Dow, and …

Key Takeaways Strong broad gains: The Stoxx 600 jumped 1% to a two-week high; Germany’s DAX vaulted 1.5%, France’s CAC 40 gained 1.2%, FTSE 100 advanced 0.8%, and Italy’s MIB hit a fresh record peak with a 1.2% gain. Best day in over two weeks: The Stoxx 600 is on …

Key Takeaways Oil plunges: Brent fell 4.3% to $86.47 per barrel, while WTI dropped 4.5% to $83.78 — both on track for weekly losses exceeding 7%. Brent breaks below $90: The key psychological level was breached Thursday after Trump signaled an imminent peace deal. MOU details revealed: Iran’s Mehr news …

Key Takeaways Gold falls: Spot gold dropped 0.7% to $4,182.44 per ounce — on track for a weekly loss of more than 3%. Second straight weekly decline: Persistent inflation fears and rate hike bets continue to dominate. Thursday’s wild ride: Gold hit a six-month low before surging 3.5% after Trump …

Key Takeaways Historic IPO: SpaceX raised $75 billion — the largest initial public offering in U.S. history, surpassing Saudi Aramco’s 2019 record of $25.6 billion. $135 per share: The company sold 555.56 million shares at $135 each. $1.77 trillion valuation: SpaceX will rank seventh among all U.S.-listed companies when trading …

Key Takeaways Trump’s bombshell announcement: The president declared the U.S. had reached a settlement with Iran, with a signing ceremony possible in Europe “over the next few days.” “We ended the war with Iran today”: Trump told a virtual rally Iran had agreed “never to have a nuclear weapon.” Hormuz …