Market Update

Oil prices increased due to concerns about potential disruptions in Middle East oil supplies. A large increase in U.S. crude oil inventories limited the rise in prices. Iran launched a significant missile attack on Israel. Israel and the United States vowed to retaliate for the attack. Israel may target Iranian …

As traders watched Israel’s response to Iran’s attack on Tuesday, gold retreated during the North American session on Wednesday and continued to decline by 0.50% each day. Following consecutive gloomy sessions since last Friday, traders’ attention is still focused on geopolitics, which has helped to push up gold prices. The …

China’s stock market has been on a wild ride in recent weeks, propelled by a series of aggressive government stimulus measures. While the rally has temporarily buoyed investor sentiment, it also raises significant concerns about the sustainability of China’s economic recovery.The surge in stock prices has been driven primarily by …

The Federal Reserve’s recent decision to lower interest rates by half a percentage point marks a significant shift in its monetary policy stance. However, as Richmond Fed President Thomas Barkin has emphasized, this does not signal an end to the battle against inflation.Barkin’s assessment aligns with the broader consensus among …

New York Stock Exchange is experiencing a volatile trading session, with Wall Street indices opening lower amid escalating tensions in the Middle East, fueled by ongoing Israeli military operations in southern Lebanon. Economic data released on U.S. labor market conditions indicated a continued improvement in job growth, a trend the …

The EUR/GBP has finished pulling back and resumed its downtrend. It has broken below the 0.8317 September 24 low, confirming a lower low and extension towards the next target at 0.8287, the August 2022 low. It remains in a downtrend on a short and medium-term basis, and given the principle …

U.S. stock futures pointed lower on Wednesday, with investors closely watching escalating tensions in the Middle East following an Iranian missile attack on Israel. The potential for retaliatory strikes and disruption to oil supply has spooked markets, while futures for major indices show modest declines. 1. Futures Slide on Middle …

European stock markets opened cautiously higher on Wednesday as investors remained wary of escalating tensions in the Middle East while turning their attention to upcoming employment data from the Eurozone. Markets Show Cautious OptimismDespite concerns over geopolitical risks, major European indices displayed modest gains: Germany’s DAX rose by 0.1%France’s CAC …

European stock markets opened cautiously higher on Wednesday, as investors closely monitored escalating tensions in the Middle East and awaited fresh employment data from the Eurozone. Key Market Movements: Germany’s DAX: Up by 0.1%France’s CAC 40: Rose by 0.3%U.K.’s FTSE 100: Climbed 0.3% Escalating Middle East Conflict:The situation in the …

Asian stock markets broadly declined on Wednesday, reacting to the ballistic missile strike by Iran on Israel, which heightened concerns of a potential wider regional conflict. Investors shifted toward safe-haven assets, pushing gold prices close to all-time highs and supporting the U.S. dollar. Key Market Movements: Japan & South Korea: …