Market Update

Gold prices have soared to $3,385 amid escalating tensions in the Middle East, driven by Iran’s missile strikes on U.S. bases and Israel’s intensified bombing of Tehran. This surge reflects heightened geopolitical risks overshadowing economic data, with the U.S. dollar and Treasury yields sliding. The situation demands a closer look …

The US economy in June 2025 presents a complex picture: growth persists but slows, inflation surges due to tariffs, and job gains offer resilience. These dynamics, captured by the S&P Global US PMI Composite Output Index at 52.8, suggest an economy expanding at a 1.5% annualized rate, down from late …

The Federal Reserve stands at a pivotal moment. With inflation pressures appearing contained, FOMC Governor Michelle Bowman has signaled openness to cutting interest rates as early as July 2025. This shift could realign monetary policy with a neutral stance, balancing a healthy labor market while addressing emerging economic risks. Here’s …

As global markets navigate a maze of fiscal and geopolitical risks, gold stands out as a reliable safe haven. The potential for escalating conflict in the Middle East, particularly with deeper U.S. involvement, could reshape defense spending and strain fiscal outlooks. This scenario, more than an oil price shock, poses …

Bitcoin fell on Monday, continuing its decline from the weekend as heightened concerns over the Israel-Iran conflict kept risk appetite subdued. The world’s largest cryptocurrency slipped 1.3% to $101,501.8 by 01:35 ET (05:35 GMT), briefly dropping to as low as $99,000 on Sunday. This marks the first time in June …

Shares of major oil companies surged in premarket trading on Wall Street on Monday following U.S. airstrikes on Iranian nuclear facilities over the weekend, which have reignited fears of supply disruptions and a spike in oil prices. Chevron (NYSE: CVX), Exxon Mobil (NYSE: XOM), ConocoPhillips (NYSE: COP), Hess Corporation (NYSE: …

Germany’s economy is expected to contract more than previously anticipated in 2025, primarily due to the impact of U.S. tariffs on the nation’s export-driven economy, according to a new forecast from the BDI industry association. The BDI revised its 2025 outlook, now projecting a 0.3% contraction, a significant downgrade from …

The Eurozone Composite PMI for June stood at 50.2, nearly identical to the previous month, signaling stagnation in the region’s economic activity after a strong first quarter. Despite a resilient manufacturing sector, which has recently benefited from US frontloading and inventory adjustments, new downside risks have emerged, particularly with escalating …

European stocks took a hit on Monday following the U.S. decision to join Israel in striking Iran’s nuclear facilities, escalating concerns over a broader Middle Eastern conflict. Market Performance: The pan-European STOXX 600 index dropped 0.3%, reaching 535.11 points by 07:12 GMT. Other major regional indexes also traded lower, reflecting …

The U.S. dollar saw a modest uptick on Monday as investors sought safety amid rising geopolitical risks stemming from the Israel-Iran conflict. The restrained movements suggested that the market was waiting for Iran’s response to the U.S. attacks on its nuclear sites, which escalated tensions in the Middle East. Key …