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Market Update

Gold Advances as US Dollar Weakens Amid Fed Caution

Gold prices remained steady on Thursday, regaining some of the losses seen earlier in the week as the US Dollar weakened. Investors are carefully assessing the economic landscape and the Federal Reserve’s recent actions, weighing the potential for future gains against ongoing uncertainties. At the same time, gold continues to …

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AI Hype Hits Reality: Oracle Shares Slide Amid Investor Concerns

Shares of Oracle tumbled after its latest quarterly earnings slightly missed expectations, raising fresh concerns about the returns from its aggressive push into artificial intelligence.Oracle reported $16.1 billion in revenue for the three months ending in November, just below analyst forecasts. While overall revenue grew 14% and its AI-focused cloud …

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U.S. Jobless Claims Rise More Than Expected, Testing Labor Market Resilience After Fed Rate Cut

U.S. initial jobless claims climbed more than expected last week, breaking from the prior week’s sharp drop to a three-year low and offering a slightly softer signal on labor market momentum ahead of the next Federal Reserve decision window. First-time applications for state unemployment benefits rose to 236,000 in the …

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SNB Holds Rates at 0% as Expected; Focus Shifts to Schlegel’s Press Conference for Policy Signalsserves

The Swiss National Bank (SNB) kept interest rates unchanged at 0%, in line with expectations.Market attention now turns to Chairman Martin Schlegel’s press conference at 09:00 GMT, where investors will be seeking clearer guidance on the path of monetary policy. Key Highlights from the SNB Monetary Policy Statement Interest Rate …

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European Stocks Slip as Tech Sector Weakens After Oracle Outlook; Fed Easing Signals Offer Limited Support

European shares traded lower on Thursday, as a selloff in technology stocks—triggered by a downbeat forecast from U.S. cloud firm Oracle—offset investor relief over the Federal Reserve’s policy signals, which were less hawkish than feared. The STOXX 600 slipped 0.3% to 576.78 by 08:09 GMT, with major regional indices in …

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