Market Update

New filings for U.S. unemployment benefits edged higher last week, but by far less than expected, reinforcing signs that the labor market is holding steady as 2026 begins. Initial claims for state jobless aid increased by just 1,000 to a seasonally adjusted 200,000 for the week ended January 17, according …

U.S. stock index futures climbed on Thursday, extending the prior session’s rebound after President Donald Trump announced a framework for a deal over Greenland and withdrew his threat to impose tariffs on several European countries. By 05:15 ET, Dow Jones Futures rose 195 points, or 0.4%, S&P 500 Futures gained …

Bitcoin edged slightly higher on Thursday but failed to reclaim the $90,000 level, even as easing geopolitical tensions between the United States and Europe lifted global markets. The world’s largest cryptocurrency was trading flat at $90,001.7 by 01:19 ET, lagging far behind the strong rally seen in equities, particularly technology …

European markets surged on Thursday after U.S. President Donald Trump said he would not proceed with tariffs on European countries over Greenland and announced a framework agreement on the future of the Danish territory. By 08:05 GMT, Germany’s DAX jumped 1.2%, France’s CAC 40 climbed 1.3%, and the U.K.’s FTSE …

Gold prices surged to fresh all time highs in Asian trading on Wednesday, edging closer to the $4,900 an ounce mark as escalating tensions between the United States and Europe over Greenland rattled global markets and reignited demand for safe havens. Spot gold jumped 2.3% to $4,872.13 an ounce, after …

Oil prices ended Wednesday higher, supported by optimism over tightening global supply after production was temporarily halted at two major oilfields in Kazakhstan and as Venezuela’s export recovery continued to lag. Brent crude settled up 32 cents, or 0.5%, at $65.24 a barrel, while U.S. West Texas Intermediate rose 26 …

Markets Breathe Easier After Tariff Pause: U.S. financial markets regained momentum after President Donald Trump signaled that Washington would pause planned tariffs tied to negotiations over Greenland, easing fears of a near-term escalation in transatlantic trade tensions. The move followed talks with NATO leadership and was presented as part of …

Prices Consolidate After Four-Day Rally: West Texas Intermediate (WTI) crude traded largely flat during Asian hours on Thursday, hovering around $60.50–$60.60 per barrel after posting gains for four consecutive sessions. The recent rally has stalled as concerns over ample global supply offset pockets of bullish momentum.IEA Flags Supply-Demand ImbalanceDownside risks …

Dollar Gains Modest Support, Pressuring the Euro The euro fell against the U.S. dollar on Wednesday, with the EUR/USD pair sliding by about 0.4%, as the greenback recovered modestly. The move followed remarks by President Donald Trump indicating he would refrain from imposing tariffs on European goods linked to opposition …

Silver (XAG/USD) fell sharply during Thursday’s Asian session, slipping to around $91.80 and shedding nearly 0.9% on the day. The pullback comes after the metal touched record highs, with traders locking in profits amid a softer risk backdrop.Trump Eases Tariff Threats, Risk Appetite ImprovesThe decline in silver was driven largely …