The Nikkei index rose 0.6% to 47,131.16, boosted by hopes of a Fed rate cut. Fed Chairman Jerome Powell signaled the possibility of a 25-bps rate cut later this month, according to Commerzbank research—enough to spark buying. Among the top gainers, Modec surged 6.1%, Sanrio rose 4.7%, and Aeon also added 4.7%. The gains were…
Silver broke through $52/oz again on Wednesday, remaining near its record high after a global supply crunch sparked a major rally. The London market was particularly tight: a short squeeze caused lease rates to spike by more than 30% on Friday, making rollover costs for short positions unreasonable. Indian demand further squeezed supply, leading some…
Oil rose after after the White House signaled openness to reach a deal with China to quell fresh trade tensions between the two biggest crude consumers. Brent advanced above $63 a barrel after plunging 3.8% on Friday in its biggest drop since August. On Sunday, Donald Trump and Vice President JD Vance struck a slightly more conciliatory tone…
U.S. President Donald Trump on Monday declared the war in the Middle East is over, as he began a momentous trip to the region to finalize a peace deal for Gaza. Trump arrived in Tel Aviv earlier Monday to mark the release of Israeli hostages by Hamas after more than two years in captivity. As…
Gold prices hit a new record high of $4,068 per ounce on Monday (October 13th), driven by increased demand for safe-haven assets amid global concerns. Trade tensions between the United States and China have escalated following new tariff threats from US President Donald Trump, while expectations that the Federal Reserve (The Fed) will further cut…
Oil prices held weak after a sharp decline, amid cautious optimism that Middle East tensions are easing and global supply is likely to loosen. Brent traded near $65/barrel after falling 1.6% on Thursday, while WTI hovered below $62. Israel agreed to a framework deal that includes the release of hostages by Hamas in exchange for…
