Market Update

Oil prices fell sharply on Wednesday, touching their lowest level in five months as renewed trade tensions between the United States and China collided with forecasts of a growing supply glut. The dual pressures revived concerns about slowing global demand and an oversaturated market heading into next year.The slide followed …

Financial behemoth Morgan Stanley delivered a stunning performance for the third quarter of 2025, significantly surpassing market expectations and sending a strong positive signal to investors. The company reported earnings per share (EPS) of $2.80, dramatically outperforming the anticipated $2.09. This robust showing was fueled by record revenues of $18.2 …

Bitcoin’s march into the corporate world is gaining momentum. Over the last quarter alone, 48 new companies have joined the ranks of those holding the cryptocurrency in their treasuries — a 40% increase that highlights how “digital gold” is becoming a staple in corporate balance sheets.By the end of September, …

Siver surged on Wednesday as investors sought refuge from escalating global tensions and growing concerns over the U.S. economy. The precious metal climbed more than 2% to trade near $52 per ounce, regaining momentum after a brief pullback earlier in the week.The rally comes amid renewed friction between Washington and …

The federal government shutdown, now stretching into its second week, is exacting a steep economic toll on the United States—an estimated $15 billion a day, according to Treasury Secretary Scott Bessent. Speaking in Washington during the IMF and World Bank annual meetings, Bessent warned that the political deadlock in Congress …

The Pound Sterling staged a notable recovery mid-week, advancing against the US Dollar amidst twin signals of eased geopolitical trade tension and a more accommodating stance from US monetary authorities. The currency pair, GBP/USD, climbed significantly, recovering from earlier daily lows to trade near 1.3396. This upward movement reflects a …

Bank of America (NYSE: BAC) reported a stronger-than-expected third-quarter performance on Wednesday, buoyed by solid loan and deposit growth, a surge in investment banking activity, and higher interest income — signaling robust momentum across its core businesses despite a challenging macro backdrop. Earnings Beat Across Key Segments The U.S. banking …

U.S. stock index futures climbed on Wednesday, as investors cheered dovish comments from Federal Reserve Chair Jerome Powell and prepared for a fresh wave of corporate earnings reports, including major banks and United Airlines. Market Snapshot By 10:15 GMT (06:15 ET), Dow Jones Futures were up 215 points (+0.5%) S&P …

Bitcoin stabilized on Wednesday, finding its footing after a turbulent few sessions marked by a clash of forces — renewed U.S.-China trade tensions and growing market conviction that the Federal Reserve will cut interest rates in October. Volatility Persists Amid Trade Uncertainty The world’s largest cryptocurrency was last down 0.2% …

European markets staged a cautious rebound on Wednesday, recovering slightly from the sharp losses seen earlier in the week as investors digested renewed U.S.-China trade frictions, a dovish tone from the Federal Reserve, and fresh political developments in France. Modest Recovery Across Major Indices By 07:10 GMT, the DAX in …