Gold Holds Above $5,000 as Oil Prices, Iran Conflict and Rate Decisions Drive Trade
Gold Stabilizes After Brief Dip Below $5,000 Spot gold rose 0.6% to $5,035.62 an ounce by 01:26 ET (05:26 GMT) on Tuesday, while gold futures advanced 0.8% to $5,039.94 an ounce. The gains followed a brief move below $5,000 an...
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US Stock Futures Edge Higher as Oil Surges on Strait of Hormuz Closure
Markets React to Oil Shock and Geopolitical Tensions US stock futures gained in early trading, with Dow Jones futures up 0.37% and S&P 500 futures rising 0.55%. The moves followed a weaker close on Friday, when the S&P 500 fell...
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European stocks edge higher as oil nears $100 amid Iran conflict
By 04:04 ET (08:04 GMT), the pan-European Stoxx 600 had edged up by 0.1%. Germany’s Dax and France’s CAC 40 also rose 0.1%, while the U.K.’s FTSE 100 gained 0.4%. The moves came as traders assessed the impact of oil...
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Asian Stocks Slip as Elevated Oil Prices and Central Bank Meetings Weigh on Sentiment
Oil Shock and Middle East Conflict Pressure Markets Asian markets traded in a cautious mood on Monday as the war in the Middle East entered its third week, keeping oil prices elevated. West Texas Intermediate (WTI) crude remained above $97...
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Bitcoin Hits Six-Week High Above $74,000 as Short Liquidations Surge
Bitcoin Rallies on Short Covering Bitcoin, the world’s largest cryptocurrency, last traded 3.4% higher at $73,892.4 by 02:21 ET (06:21 GMT) on Monday, after touching an intraday high of $74,336.9 earlier in the session. The token gained 6% over the...
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