Oil Surge and Fed Stance Pressure Global Markets as US Futures Slip
US Futures, Commodities, and Bonds Move on Geopolitical and Policy Risks US equity futures pointed to a cautious open on Thursday. S&P Futures slipped 0.03%, Nasdaq Futures fell 0.12%, while Dow Futures edged up 0.01%. The moves followed a broad...
Read more
Oil Prices Climb as Iranian Strikes Hit Middle East Energy Facilities
Oil Market Reaction and Price Moves By 0142 GMT on Thursday, Brent crude futures were up $3.69, or 3.44%, at $111.07 per barrel. U.S. WTI crude rose $2.29, or 2.38%, to $98.61. Brent had already closed 3.8% higher on Wednesday,...
Read more
Gold retreats below $5,000 as markets await Fed rate decision
Gold pulls back from recent highs amid geopolitical tension In early Wednesday Asian trading, spot gold declined 0.4% to $4,987.09 an ounce by 01:18 ET (05:18 GMT), while gold futures also slipped 0.4% to $4,990.44 an ounce. The metal had...
Read more
Oil Prices Retreat as Iraq-Kurdistan Export Deal Adds Supply, Geopolitical Risks Persist
Oil Market Pullback on Iraq-Kurdistan Agreement Brent crude futures fell more than 2% in Asian trading to around $100.75 per barrel, while West Texas Intermediate (WTI) crude declined to about $91.85 per barrel. The move marked a pullback from recent...
Read more
Asian Stocks Gain on Tech Rally Ahead of Fed Policy Decision
Tech-Led Gains in South Korea and Japan Asian trading was broadly positive, with technology stocks providing the main support. South Korea’s KOSPI surged 4%, boosted by Samsung Electronics and SK Hynix, which rose between 4.5% and 6%. The rally followed...
Read more