Market Update

The euro traded in a narrow range against the US dollar on Friday as investors remained focused on developments surrounding a potential peace agreement between the United States and Iran.The single currency hovered near 1.1573 dollars, on track for modest weekly gains, as traders adopted a cautious stance ahead of …

The Federal Reserve is set to enter a new chapter next week as it holds its first policy meeting under the leadership of incoming Chair Kevin Warsh. While markets largely anticipate that the central bank will keep interest rates steady, the debut of new management has created a sense of …

The Japanese yen remained under pressure on Friday, with the US dollar trading near 160.20 yen as investors shifted their attention to a pivotal week for global monetary policy.Markets are increasingly expecting the Bank of Japan to raise interest rates at its upcoming meeting, a move that would mark another …

Gold prices steadied on Friday as investors waited for greater clarity on a potential agreement between the United States and Iran, with the precious metal attempting to recover after a difficult week.Spot gold traded around $4,211 per ounce, after rising earlier in the day to $4,247. The rebound follows a …

Key Takeaways Bitcoin rises modestly: The world’s largest crypto gained 0.9% to $63,337.8 — up about 4% on the week after last week’s 17% crash. Trading near annual lows: Despite the weekly bounce, Bitcoin remains close to its lowest levels of the year. Trump’s peace deal claim: The president said …

Key Takeaways Dollar weakens: The DXY ticked 0.1% lower in London trade, stabilizing after sliding to a one-week low overnight; on track for a 0.3% weekly loss. Euro near weekly high: EUR/USD hovered at its strongest level in a week, poised for its best weekly performance in over a month. …

Key Takeaways Futures reverse: S&P 500 futures fell 0.1% to 7,390.25; Nasdaq 100 futures dropped 0.3% to 29,385.50; Dow futures were flat at 50,883.0. Initial gains erased: Futures had climbed after Thursday’s Wall Street surge before Iran’s cautious comments cooled optimism. Wall Street surged Thursday: The S&P 500, Dow, and …

Key Takeaways Strong broad gains: The Stoxx 600 jumped 1% to a two-week high; Germany’s DAX vaulted 1.5%, France’s CAC 40 gained 1.2%, FTSE 100 advanced 0.8%, and Italy’s MIB hit a fresh record peak with a 1.2% gain. Best day in over two weeks: The Stoxx 600 is on …

Key Takeaways Oil plunges: Brent fell 4.3% to $86.47 per barrel, while WTI dropped 4.5% to $83.78 — both on track for weekly losses exceeding 7%. Brent breaks below $90: The key psychological level was breached Thursday after Trump signaled an imminent peace deal. MOU details revealed: Iran’s Mehr news …

Key Takeaways Gold falls: Spot gold dropped 0.7% to $4,182.44 per ounce — on track for a weekly loss of more than 3%. Second straight weekly decline: Persistent inflation fears and rate hike bets continue to dominate. Thursday’s wild ride: Gold hit a six-month low before surging 3.5% after Trump …