Market Update

Fresh US inflation data is raising new concerns across global markets, as persistent price pressures and geopolitical tensions continue to complicate the outlook for interest rates, energy prices, and economic growth.Inflation in the United States accelerated in April, fueled in part by higher oil prices linked to the ongoing conflict …

French lawmakers are set to question Patrick Pouyanne, the head of TotalEnergies, over the company’s soaring profits during the ongoing Middle East crisis and the sharp rise in global energy prices.The parliamentary hearing is expected to focus on the company’s earnings, fuel pricing policies, and tax contributions as consumers across …

Gold prices moved sharply lower on Tuesday, dropping below the $4,700 level after stronger-than-expected US inflation data strengthened the US Dollar and pushed Treasury yields higher. The precious metal reversed earlier gains after reaching a three-week high during Asian trading hours, as investors reacted to renewed concerns over persistent inflation …

The US dollar hits multi-day high on inflation shock. Rising 0.43%, to 98.313, the dollar strengthened sharply, reaching its highest level in several days as stronger-than-expected inflation data reshaped expectations for the Federal Reserve’s next move. The currency index tracking the dollar against major peers climbed on the back of …

Key Takeaways Headline CPI accelerates: U.S. consumer prices rose 3.8% year-on-year in April — beating both forecasts and March’s reading. Monthly pace eases: Month-on-month CPI slowed to 0.6% from March’s 0.9%, matching expectations. Core inflation surprises higher: Core CPI accelerated to 2.8% year-on-year, topping the 2.7% forecast. Monthly core hot …

Key Takeaways Crude rockets higher: Brent crude rose 2.9% to $107.17 per barrel, while WTI advanced 3.3% to $101.35 — extending Monday’s near 3% gains. Trump’s stark warning: The president said the U.S.-Iran ceasefire is on “life support” after rejecting Tehran’s response as “a piece of garbage.” War return weighed: …

Key Takeaways Stock slides: Samsung Electronics shares fell more than 2% in Seoul to 279,500 won, underperforming the broader market. High-stakes mediation: Management and labor entered a second day of government-led mediation talks after 11 hours of negotiations failed to produce a breakthrough. Strike threat looms: The union has threatened …

Key Takeaways Futures retreat: S&P 500 futures fell 0.1% to 7,427.0, Nasdaq 100 futures dropped 0.3%, while Dow futures held flat. Record close achieved: The S&P 500 closed at an all-time peak of 7,412.87, with the Nasdaq Composite at 26,274.13 and Dow at 49,704.34. Chip rally cooling: Strength in chipmaking …

Key Takeaways Modest gain: Bitcoin rose 0.5% to $81,276.1, holding within a tight trading band. Weekend peak fades: The crypto had touched $82,000 over the weekend before trimming gains on U.S.-Iran tensions. More military options weighed: Reports show Trump is considering additional military action against Iran, though a decision this …

Key Takeaways War on the table: Trump is more seriously considering resuming major combat operations against Iran, per a CNN report citing sources familiar with the matter. Patience wearing thin: The president has grown impatient with the continued closure of the Strait of Hormuz. Fractured Iran leadership: Trump sees Iranian …