Israeli attacks on Lebanon threaten fragile ceasefire
Israeli attacks on Lebanon threaten fragile ceasefire HG MARKETS: Israel’s military announced that it conducted strikes against Hezbollah militants aligned with Iran in Lebanon on Friday. This escalation could potentially hinder efforts to establish a long-term ceasefire between the U.S. and Iran, which are expected to be discussed in upcoming weekend negotiations. The developments in […]
Bullion climbs to near three week top following Trump Iran ceasefire
Bullion climbs to near three‑week top following Trump‑Iran ceasefire HG MARKETS: Gold climbed to a three-week high on Wednesday as the U.S. dollar weakened following President Donald Trump’s announcement of a two-week ceasefire with Iran, halting planned attacks on the country’s civilian infrastructure. Spot gold jumped 2.7%, hitting $4,832.51 per ounce, its highest since March 19.U.S. […]
Crude Oil Trims Gains Amid Iran Ceasefire Talk Reports; Trump Deadline in Spotlight
Crude Oil Trims Gains Amid Iran Ceasefire Talk Reports; Trump Deadline in Spotlight HG MARKETS: Oil prices pared earlier gains during Asian trading on Monday as investors assessed reports of a possible U.S.–Iran ceasefire, along with President Donald Trump’s deadline for Iran to reopen the Strait of Hormuz. Brent crude futures for June delivery edged […]
US Dollar Index holds gains near 100.00 as traders focus on US jobs data and Iran conflict
US Dollar Index holds gains near 100.00 as traders focus on US jobs data and Iran conflict The US Dollar Index (DXY), which measures the performance of the US Dollar against a basket of six major currencies, is trading near the 100.00 level during early European hours on Friday. The index remains supported amid […]
Wall Street futures inch higher amid optimism for quick U.S. exit from Iran
Wall Street futures inch higher amid optimism for quick U.S. exit from Iran HG MARKETS: U.S. stock futures edged higher on Wednesday, while oil prices recovered slightly from earlier losses, as investors weighed increasing optimism over a potential de-escalation of the conflict involving Iran. Futures linked to the Dow Jones Industrial Average rose by 220 […]
Europe Eyes Naval Shield in Strait of Hormuz to Safeguard Global Energy Lifeline
Europe Eyes Naval Shield in Strait of Hormuz to Safeguard Global Energy Lifeline HG MARKETS: France and Britain are reportedly at the forefront of coordinated European efforts to prepare for a naval deployment aimed at protecting commercial shipping through the strategically vital Strait of Hormuz. According to a report by the New York Times, which […]
Gold Rebounds Sharply as Weaker Dollar and Iran Peace Signals Stir Volatile Market Sentiment
Gold Rebounds Sharply as Weaker Dollar and Iran Peace Signals Stir Volatile Market Sentiment HG MARKETS: Gold prices climbed more than 2% in Asian trading on Friday, supported by a modest pullback in the US Dollar Index and a slight easing in geopolitical tensions. Spot Gold rose 2.1% to $4,467.32 per ounce, while U.S. gold […]
Crude Awakening: Diplomatic Thaw Sends Oil Prices Sliding
Crude Awakening: Diplomatic Thaw Sends Oil Prices Sliding HG MARKETS: Oil prices trended downward during Friday’s Asian trading session, positioning the market for a notable weekly decline of over 4%. This shift comes as West Texas Intermediate (WTI) crude futures dropped 0.8% to settle around $93.72 per barrel. The primary driver behind this cooling period […]
Silver Slides Sharply as Iran Denies US Talks and Strong Dollar Weighs on Prices
Silver Slides Sharply as Iran Denies US Talks and Strong Dollar Weighs on Prices HG MARKETS: Silver (XAG/USD) extended its broader downward trajectory on Tuesday, reversing much of the strong recovery recorded in the previous session. The white metal fell sharply by around 3.2%, trading near $66.90 at the time of writing, as shifting geopolitical […]
Middle East Energy War Escalates: South Pars Attacks Trigger Oil Surge and Global Supply Fears
Middle East Energy War Escalates: South Pars Attacks Trigger Oil Surge and Global Supply Fears HG MARKETS: Iranian gas facilities in the Gulf, particularly around South Pars Gas Field and Asaluyeh, came under attack, significantly escalating tensions in the region. In response, Tehran warned it would target key energy installations across Saudi Arabia, United Arab […]