Jan 13 2025, 08:46 Oil prices jumped on Friday as the U.S. Treasury Department announced sweeping sanctions against Russia’s oil industry. Brent gained $2.84, or 3.69%, to close at $79.76 per barrel, while U.S. crude oil advanced $2.65, or 3.58%, to settle at $76.57 per barrel. The benchmarks closed at their highest levels since October….
Feb 19 2025, 06:06 The euro is set to end Tuesday’s session (2/18) with a loss of more than 0.30% against the greenback as the S&P 500 hit a record high during the North American session. At the time of writing, EUR/USD is trading at 1.0445 below its opening price. Risk appetite has improved, but US…
Feb 18 2025, 15:10 Gold prices extended their gains on Tuesday, as uncertainty over U.S. President Donald Trump’s tariff plans continued to dominate market sentiment, driving safe-haven demand amid fears of a potential global trade war. Spot gold was up 0.6% at $2,913.79 an ounce, as of 0714 GMT. U.S. gold futures gained 0.9% to…
Feb 7 2025, 15:17 European stock markets traded subdued on Friday, stalling near record highs ahead of the highly anticipated monthly U.S. payrolls report. At 3:05 a.m. ET (08:05 GMT), Germany’s DAX index was trading largely unchanged, while France’s CAC 40 was down 0.1% and the U.K.’s FTSE 100 was down 0.1%. The pan-European STOXX…
Jan 13 2025, 09:09 Asia-Pacific markets traded lower Monday, after U.S. jobs report on Friday dampened investors’ hopes for early interest rate cuts by the Federal Reserve. Hong Kong’s Hang Seng Index fell 1.6%, trading below 19,000 for the first time since last September, data from LSEG showed. Mainland China’s benchmark CSI 300 dropped 0.75%,…
May 15 2025, 12:58 Gold prices hit a one-month low on Thursday as investors awaited key US inflation figures for clues on the Federal Reserve’s monetary policy path, while easing US-China trade tensions also weighed on bullion’s appeal. Spot gold fell 1.3% to $3,136.97 an ounce by 0536 GMT, after hitting its lowest since April…
