Market Update

Crude oil prices edged lower on Friday, capping a choppy week that still saw both major benchmarks post modest weekly gains. West Texas Intermediate (WTI) crude settled at $61.44 per barrel, down 0.49% on the day, while Brent crude closed at $65.84 per barrel, slipping 0.17% during North American trading …

Bitcoin extended its rebound on Friday, climbing near $111,000 and heading for a solid weekly gain, as signs of easing trade tensions between the United States and China and softer U.S. inflation data boosted investor sentiment.The world’s largest cryptocurrency rose about 1%, marking a 2% weekly increase after two weeks …

U.S. stocks roared to fresh record highs on Friday as investors cheered softer inflation data that bolstered expectations for further interest rate cuts by the Federal Reserve. The rally marked a powerful vote of confidence in the U.S. economy’s resilience and capped one of the strongest weeks for Wall Street …

U.S. inflation crept slightly higher in September, signaling renewed price pressures across key sectors even as the economy grapples with the prolonged government shutdown. The Consumer Price Index (CPI) rose 3 percent from a year earlier, marking a modest acceleration from August’s 2.9 percent gain. The report, delayed by ten …

The U.S. dollar extended its winning streak against the Japanese yen on Friday, buoyed by robust business activity data that overshadowed signs of softer inflation. The USD/JPY pair climbed for the sixth consecutive session, trading near 152.80 as investors favored the greenback amid growing optimism about the strength of the …

US consumer inflation rose less than expected in September, offering fresh evidence that price pressures are continuing to ease and reinforcing expectations that the Federal Reserve will move ahead with another interest rate cut next week. The Consumer Price Index (CPI) increased 0.3% monthly and at an annual rate of …

U.S. stock futures advanced marginally on Friday as investors paused to await the highly anticipated September inflation report, a critical data point expected to guide the Federal Reserve’s path on interest rate cuts. At 05:35 ET (09:35 GMT), Dow Jones Futures rose 65 points (0.1%), S&P 500 Futures gained 0.5%, …

Bitcoin surged above the $111,000 mark on Friday, securing a likely weekly gain as global risk appetite improved following the confirmation of an upcoming meeting between U.S. President Donald Trump and Chinese President Xi Jinping. The world’s largest cryptocurrency rose about 2% to trade at $111,410.9, recovering from sharp dips …

European stocks opened higher on Friday, with market sentiment buoyed by the prospect of de-escalating U.S.-China trade tensions. The DAX index in Germany gained 0.2%, the CAC 40 in France climbed 0.3%, and the FTSE 100 in the U.K. rose 0.1% as investors cheered the confirmation of a high-stakes meeting. …

Gold prices edged lower in Asian trading on Friday, marking what is expected to be their first weekly decline in 10 weeks, as investors engaged in profit-taking following the metal’s recent surge to all-time highs. The pullback comes as the market awaits the delayed release of crucial U.S. inflation data …