News

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19 Apr 2024 09:34

Israel launches retaliatory attack on Iran

Daily News

American media reported, citing US officials, that Israel had carried out an attack on Iranian territory. The news of Israel’s attack on Iran, which was first rep...

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19 Apr 2024 09:33

New record from gold

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Gold rose above $2,400 an ounce as concerns about rising tensions between Israel and Iran fueled safe-haven demand. Bullion rose as much as 1.3%, heading for a fi...

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19 Apr 2024 09:33

Oil rises on news of attacks

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Oil prices rose more than 3 percent after unconfirmed reports of explosions near the Iranian city of Isfahan. Oil prices jumped after U.S. officials said Israel h...

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19 Apr 2024 09:32

Asian stock markets dominated by red

Daily News

Japan’s Nikkei led losses in Asian markets after news of Israel conducting an operation in Iran. Japan’s Nikkei 225 index led losses in Asia on Friday, falling 3....

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19 Apr 2024 09:30

Minneapolis Fed President Kashkari: Fed can keep interest rates steady

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Minneapolis Fed President Neel Kashkari said the Fed “potentially” could keep rates steady all year. The Fed needs to gain more confidence that inflation is slowi...

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18 Apr 2024 09:34

Sharp decline in oil prices

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Oil fell sharply amid a series of conflicting signals, from rising inventories to tensions in the Middle East and the reimposition of U.S. sanctions on Venezuelan...

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18 Apr 2024 09:33

ECB eyes on exchange rates

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European Central Bank (ECB) President Christine Lagarde said they were monitoring the changes in currencies very carefully. It is almost certain that the European...

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18 Apr 2024 09:32

Economists' Fed forecast

Daily News

While the market is greatly curious about when the Fed will cut interest rates, there have been differences of opinion among economists. While some economists see...

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18 Apr 2024 09:31

Market Fed forecast

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Despite Fed Chair Jerome Powell’s message that “interest rates will fall later than expected,” market players have begun to position themselves in SOFR futures in...

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17 Apr 2024 09:24

Horizontal trend in oil

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Oil fluctuated within a narrow range as risk aversion dominated broader markets and investors watched Israel’s response to Iran’s attack. U.S. crude was little ch...

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17 Apr 2024 09:23

Gold continues to trend sideways

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Gold held near record highs even as investors weighed a shift in message from Fed Chairman Jerome Powell, who said the U.S. central bank would likely keep interes...

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17 Apr 2024 09:23

Powell signals interest rates may remain high

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US Federal Reserve (Fed) Chairman Jerome Powell indicated that the latest data showed that further progress had not been made in returning to the inflation target...

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17 Apr 2024 09:22

Pricing 5% into US bond yields

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Powell’s comments had an impact on the bond market, with US bond yields reaching their highest level of the year. The two-year bond yield, which is sensitive to t...

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17 Apr 2024 09:21

Tesla's layoff plan includes US and China

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Tesla’s global layoff plan includes sales, technology and engineering in the automaker’s two biggest markets, the United States and China, according to five sourc...

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16 Apr 2024 09:24

Gold continues its horizontal trend near record levels

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Gold held steady near a record high on Monday as Iran’s attack on Israel accelerated a rally that has been building since mid-February. Bullion held on to a 1.7% ...

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16 Apr 2024 09:23

Growth from the Chinese economy exceeds expectations

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China’s economy grew faster than expected in the first quarter of 2024 The Chinese economy grew faster than expected in the first quarter. Gross domestic product ...

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16 Apr 2024 09:23

Oil on the rise

Daily News

Oil is rising as Israel looks to respond to Iran’s jittery rhetoric. Oil has gained on Israel’s promise to respond to Iran’s attack, keeping tensions high in the ...

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16 Apr 2024 09:22

UBS: Fed may return to rate hike

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The combination of strong U.S. growth and sticky inflation increases the likelihood that the Fed will raise interest rates rather than cut them, according to stra...

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15 Apr 2024 09:31

The search for balance in oil

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Oil has drawn attention after Iran’s attack on Israel, where prices fell on speculation the conflict would be contained. Brent crude initially rose just 0.7 perce...

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15 Apr 2024 09:30

Gold nears record high

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Gold climbs to record high after Iran’s attack on Israel. Gold rose to near-record levels after Iran’s weekend attack on Israel boosted demand for the safe-haven ...

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15 Apr 2024 09:29

New sanctions pressure on metal

Daily News

Following the US and UK’s decision to impose sanctions on Russia, aluminum and nickel prices jumped. Following the US and UK’s announcement of sanctions on Russia...

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