Market Update

Oil prices dipped on Wednesday as fresh government data revealed an unexpected increase in US crude oil inventories, sparking concerns among investors about an oversupply in the market. Brent crude futures declined by 40 cents, or approximately 0.6%, settling at $66.23 per barrel, while US West Texas Intermediate (WTI) crude …

Gold prices dipped below the $3,200 per ounce threshold on Wednesday, May 14, 2025, at 08:28 PM +04, as a pause in Chinese exchange-traded fund (ETF) inflows, combined with optimistic geopolitical developments, triggered a market pullback. The decline follows a period of robust gains, but analysts suggest that sustained demand …

The Pound Sterling (GBP) edged lower on Wednesday, May 14, 2025, at 09:02 PM +04, retreating slightly to 1.3293 after peaking at a weekly high of 1.3359, as a lack of major market catalysts left traders focused on the upcoming UK GDP figures. GBP/USD dipped by 0.03%, reflecting a cautious …

U.S. stock index futures edged lower early Wednesday, as Wall Street took a breather following a strong rally fueled by optimism surrounding the recently announced U.S.-China trade deal. Dow Jones Futures dipped 10 points, or 0.1% S&P 500 Futures lost 5 points, or 0.1% Nasdaq 100 Futures fell 20 points, …

Gold prices declined in Asian trading on Wednesday, pressured by diminishing safe-haven demand after the U.S. and China agreed to a temporary tariff truce and U.S. inflation data came in softer than expected. Spot gold fell 0.7% to $3,228.95/oz Gold futures (June) slipped 0.5% to $3,232.24/oz(As of 02:53 ET / …

European equity indices traded mostly steady on Wednesday, pausing after recent gains fueled by easing U.S.-China trade tensions, as investors shifted their focus toward corporate earnings and key economic data. Germany’s DAX edged up 0.3% France’s CAC 40 held flat U.K.’s FTSE 100 slipped 0.1%(As of 03:05 ET / 07:05 …

Bitcoin regained upward momentum on Wednesday, buoyed by softer-than-expected U.S. inflation data and improved sentiment following the temporary trade truce between the U.S. and China. As of 02:16 ET (06:16 GMT), Bitcoin rose 1.3% to $103,862.5, recovering from recent profit-taking that followed a strong rally above the $100,000 milestone last …

Oil prices edged lower in Asian trade on Wednesday, taking a breather after a strong four-day rally. The pullback came as investors digested an unexpected increase in U.S. crude inventories and closely monitored President Donald Trump’s visit to the Middle East, which added new geopolitical considerations to global oil supply …

The US stock market experienced significant turbulence following the April 2, 2025, announcement of mutual tariffs by the US administration, with institutional investors offloading stocks worth $19.52 billion through April 10, when a temporary suspension of these tariffs was enacted via executive order. This sell-off, spanning just over a week, …

The British Pound ended Tuesday, May 13, 2025, on a positive note against the US Dollar, which weakened following softer-than-expected US inflation figures for April. GBP/USD climbed to 1.3307 from a previous daily close of 1.3176, despite dipping to a session low of 1.3169 and peaking at 1.3316. The Dollar’s …