Oil prices surge more than 8%
Oil prices skyrocketed in Asian trading on Friday after Israel launched a major pre-emptive strike on Iran, raising fears of broader Middle East conflict and major supply disruptions. As of…
Oil prices skyrocketed in Asian trading on Friday after Israel launched a major pre-emptive strike on Iran, raising fears of broader Middle East conflict and major supply disruptions. As of…
Oil prices were up slightly on Friday, after rising about 3% in the previous session, as trade tensions between top oil consumers U.S. and China showed signs of easing and…
The dollar marked a fresh low against the yen and hovered around multi-year lows versus the euro and the Swiss franc on Tuesday as President Donald Trump’s attacks on the…
U.S. stock index futures soared Tuesday, after a bout of heavy volatility in the prior session, amid a great deal of uncertainty surrounding the future trajectory of U.S. President Donald…
Financial markets were gripped by recession fears as stocks extended a punishing global selloff on Friday in the wake of U.S. President Donald Trump’s sweeping tariffs, helping drive a rally…
U.S. automakers and their global rivals were rocked on Wednesday by President Donald Trump’s announcement that he would impose 25% tariffs on all vehicles and foreign-made auto parts imported into…
NVIDIA Corporation (NASDAQ:NVDA) will spend hundreds of billions of dollars on U.S.-made chips and electronics components over the next four years, CEO Jensen Huang said in an interview with the…
U.S. stock futures edged down on Thursday, as investors gauged President Donald Trump’s tariff plans and looked ahead to the release of fresh producer price data. By 08:00 ET (12:00…
European stock markets mostly rose Thursday, as investors awaited the latest monetary policy decision by the European Central Bank as trade tensions continue to simmer. At 03:05 ET (08:05 GMT),…
Hong Kong stocks were poised to conclude February with remarkable gains, driven by investor enthusiasm surrounding DeepSeek’s advancements in artificial intelligence (AI). The Hang Seng index has surged nearly 14%…
The yen hit its strongest level in over two months on Thursday as investors ramped up bets on further rate hikes from the Bank of Japan (BOJ) this year, while…
European stock markets edged lower Friday, with investors taking profits at the end of a positive week, although sentiment has been boosted as U.S. President Donald Trump delayed imposing new…
Oil prices fell Tuesday, retreating from the previous session’s surge, after US President Donald Trump announced a one-month delay on newly imposed tariffs on imports from Canada and Mexico. At…
A deadline for U.S. tariff hikes on two of its top trading partners has global currency markets braced for increased volatility, FX options signal, with the Canadian dollar in the…
The dollar traded in narrow ranges against major peers on Thursday, as the currency continued to struggle for direction in the absence of concrete announcements on tariffs from U.S. President…
Europe is projected to increase its imports of liquefied natural gas (LNG) to meet its storage filling targets for the year, as gas inventories are rapidly depleting, according to a…
Global stocks were under pressure on Friday ahead of a U.S. jobs report later on that could exacerbate or ease the sell-off in the global bond market, while the pound…
European stocks dipped at the end of a holiday-shortened week, with traders focussed on economic data for clues on the path of interest rates as well as potential changes in…
The dollar slipped on Thursday, a day after surging to a two-year peak after the Federal Reserve rocked markets by signalling a much slower pace of rate cuts in 2025,…
European stocks edged higher on Thursday, as investors braced for a rate cut from the European Central Bank and awaited hints on policy moves next year as the euro zone…