Market Update

Bitcoin rose slightly on Tuesday, extending gains from the prior session following reports that Iran was seeking a ceasefire in its ongoing conflict with Israel. However, gains in the cryptocurrency markets remained fragile, as the Middle East conflict showed little sign of de-escalation and traders remained cautious ahead of the …

European stocks dropped sharply on Tuesday, driven by growing fears of an escalation in the Israel-Iran conflict and anticipation surrounding the Federal Reserve’s upcoming two-day meeting. As of 03:05 ET (07:05 GMT), the DAX index in Germany fell by 1%, the CAC 40 in France dropped 0.8%, and the FTSE …

Gold prices steadied in Asian trade on Tuesday, after retreating in the prior session amid growing uncertainty over U.S. involvement in the Israel-Iran conflict and the potential for a ceasefire. Spot gold rose 0.2% to $3,392.25 per ounce, while gold futures for August dropped 0.2% to $3,410.70 per ounce by …

Gold Retreats Amid De-escalation SignalsGold prices slide below $3,400 on Monday, with XAU/USD at $3,383, down 1.45% earlier during the North American trading session from an eight-week high of $3,452. Yet, the yellow metal has later managed to edge up +0.33% and is trading at $3,396.77 at the time of …

US Dollar Faces Continued PressureThe US Dollar Index (DXY) slipped below the 98.00 support level, reflecting persistent downward momentum. Despite rising US yields, the dollar struggles against its rivals, driven by market caution surrounding the Middle East conflict and anticipation of central bank decisions. On June 17, key US data …

The Israel-Iran conflict, ignited by strikes on June 13, 2025, has sent airlines spiraling into financial chaos. Airspace closures, surging fuel costs, and crashing stocks have gutted revenues, while energy and defense sectors ride the wave. This crisis exposes a brutal truth: geopolitical shocks can paralyze global travel overnight. Here’s …

Euro Gains as Risk Appetite ReboundsThe EUR/USD pair climbs to 1.1572 on June 16, 2025, up 0.17% from a daily low of 1.1523, recovering from a 0.25% loss last Friday when Israel-Iran hostilities escalated. Despite Iran’s fresh missile attacks on Tel Aviv and Haifa, markets perceive a reduced risk of …

The Dow Jones surged 350 points on June 16, 2025, reclaiming 42,500, driven by optimism for a potential resolution to the Israel-Iran conflict and President Donald Trump’s diplomatic engagements at the G-7 summit in Canada. Despite trade uncertainties and ongoing Middle East tensions, markets leaned into a risk-on mood, though …

The USD/JPY pair lingers near 144.20, with markets on high alert for the Bank of Japan’s (BoJ) monetary policy decision on June 16–17. This pivotal moment could shift the Japanese Yen’s trajectory against the US Dollar, influenced by Japan’s policy moves and global economic currents. The stark monetary policy divide …

President Donald Trump’s attendance at the Group of Seven (G-7) summit in Canada on June 16, 2025, unfolds against a volatile global landscape marked by U.S. tariffs, the Israel-Iran conflict, and domestic political unrest. His calls for Iran to negotiate a nuclear deal, alongside provocative suggestions to reshape the G-7 …