Market Update

The latest Ifo Business Climate Index (BCI) suggests that the German economy may be stabilizing after months of weakness. The index rose to 88.4 in October, up from 87.7 in September, in line with market expectations of 88.0. The improvement was driven by stronger business expectations, signaling growing optimism about …

Bitcoin surged on Monday, tracking a rally across global risk assets after the U.S. and China announced a preliminary framework deal aimed at defusing trade tensions, while soft U.S. inflation data bolstered expectations of a Federal Reserve rate cut later this week. The world’s largest cryptocurrency climbed 3.5% to $115,504.0 …

Oil prices advanced on Monday, extending last week’s strong gains as signs of progress in U.S.–China trade talks and fresh sanctions on Russian energy firms helped ease concerns about slowing global demand. By 06:29 GMT, Brent crude futures climbed 0.71% to $66.41 per barrel, while U.S. West Texas Intermediate (WTI) …

Gold prices extended declines in Asian trading on Monday, weighed down by renewed optimism surrounding a U.S.–China trade truce that curbed demand for safe-haven assets, even as investors awaited an expected Federal Reserve rate cut later this week. By 04:44 GMT, spot gold fell 1.3% to $4,060.80 per ounce, while …

Asian stocks surged on Monday, with broad-based gains across major markets driven by optimism over an expected U.S. Federal Reserve rate cut this week and tentative signs of a U.S.–China trade truce. The rally followed a record-setting close on Wall Street, fueling risk appetite across the region. By 02:53 GMT, …

Global markets are anticipated to face a week full of pressure and fundamental factors that cannot be overlooked. The new trading week is dominated by a trifecta of high-impact events: first, undoubtedly, the widely expected Federal Reserve interest rate decision; second, the release of more earnings reports from major technology …

U.S. President Donald Trump has abruptly terminated all trade negotiations with Canada, citing what he called “egregious behavior” after a controversial advertisement from Ontario criticized his tariff policies using a decades-old speech by former president Ronald Reagan.The 60-second television spot, funded by Ontario’s government, features Reagan warning that trade barriers …

Gold prices edged lower on Friday, extending their weekly decline as investors reassessed expectations for a near-term Federal Reserve rate cut. Spot gold traded at $4,100.41 per ounce, down 0.62% or $25.67 as of 23:19 GMT+3, according to TradingView data. The metal fell from a previous close of $4,126.07, after …

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 …