Market Update

Oil markets surged on Friday after a new wave of Ukrainian drone strikes hit a major Russian export hub, reigniting concerns about global supply stability and pushing crude benchmarks sharply higher in early Asian trading. The escalation injected fresh volatility into a market that has recently been dominated by worries …

The U.S. Federal Reserve has signaled that recent changes in border policy may help ease inflationary pressures. In a recent statement, Fed Governor Stephen Miran emphasized the importance of forward-looking monetary policy, noting that wage growth has moderated and shelter inflation shows signs of softening. According to Miran, relying solely …

The Dow Jones Industrial Average ended Friday on the back foot, trailing its major index peers as a resurgent wave of enthusiasm for AI stocks pulled investor attention elsewhere. The index briefly slid by nearly 600 points before trimming losses to roughly 150 points by the close, but the late …

Gold retreated on Friday after a strong rally earlier in the week, slipping from recent three-week highs as momentum faded and the US Dollar steadied. The metal hovered near $4,100, reflecting a shift in sentiment driven by a more cautious outlook from Federal Reserve officials.The end of the US government …

The USD/CHF pair managed to recover from earlier losses on Friday, bouncing off its weakest level in nearly a month as news of a new US-Switzerland tariff agreement lifted sentiment. The pair climbed back toward the 0.7930 area, ending a seven-day losing streak and benefiting from a slightly firmer US …

Silver slipped today after a powerful multi-day surge that had carried it close to historic highs. The pullback marks a moment of cooling in what has been one of the metal’s strongest weeks in recent memory. Silver is lower on the day , falling 2.1% to about $51.18, as the …

Federal Reserve officials continue to shape expectations around the path of US monetary policy, and the latest voice to enter the debate is the President of the Kansas City Federal Reserve Bank, Jeffrey Schmid. Speaking at a joint energy conference in Denver, Schmid delivered a pointed message: the fight against …

U.S. equity futures edged lower Friday, extending the prior session’s sharp selloff as investors reassessed the likelihood of a December Federal Reserve rate cut and continued to rotate out of high-valuation technology names. At 10:30 GMT, Dow Jones futures fell about 0.1% (-60 pts), S&P 500 futures slipped 0.2% (-12 …

Gold advanced in Asian trading on Friday, drawing support from haven demand as investors weighed a murkier U.S. economic outlook, even as fading bets on a Federal Reserve cut in December capped the rally. Spot prices rose 0.4% to $4,187.43/oz by 05:24 GMT, while December futures eased slightly to $4,190.75/oz. …

Bitcoin fell below the six-figure mark on Friday, mirroring a broader risk-off move as traders sharply reduced bets on a Federal Reserve rate cut in December and institutional inflows stayed sparse. By 05:00 GMT, Bitcoin (BTC) was down 4.2% at $97,795, after touching an intraday low of $96,866—its weakest level …