US Stock Futures Decline as Oil Rises and Iran Conflict Persists
Equities Rebound After Three-Week Losing Streak On Monday, US equities advanced as the market attempted to recover from recent losses linked to the Iran conflict. The Dow Jones Industrial Average rose 0.83%, the S&P 500 gained 1.01%, and the Nasdaq...
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Asian Tech Stocks Advance as Nvidia-Led Rally Offsets Geopolitical Concerns
Tech-Led Gains Across Asian Markets Technology stocks led advances across major Asian markets on Tuesday as investors reacted to a strong performance by Nvidia and other U.S. technology companies. The move followed Nvidia’s bullish forecast that demand for AI chips...
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RBA Raises Cash Rate amid Iran-Linked Inflation Pressures
RBA’s Decision and Rationale The RBA increased its cash rate by 25 basis points, in line with market expectations. The move was decided by a narrow 5-4 vote, underscoring internal divisions over the appropriate policy response at a time of...
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Oil Prices Rebound Above $100 as Strait of Hormuz Remains Largely Blocked
Crude Prices Rebound on Persistent Supply Concerns Brent oil futures climbed 2.8% to $103.01 per barrel by 00:58 ET (04:58 GMT) on Tuesday, while West Texas Intermediate (WTI) crude futures gained 2.6% to $95.54 per barrel. The move followed a...
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Bitcoin extends rally as short liquidations and ETF inflows drive sharp move
Crypto prices surge amid squeeze-driven move Bitcoin rose roughly 4% over the past 24 hours to reach $75,653 at around 10:00 p.m. ET on Monday, before easing back to about $74,300 hours later. Ethereum advanced 3.28% to $2,315, while XRP...
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