Market News

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Crude Oil Prices Jump 1.6% as Trump Signals Lower China Tariffs, Sparking Demand Hopes

Crude oil prices increased by more than 1.5% following President Trump's indication of lowering tariffs on Chinese imports, alongside US sanctions on Iran's energy exports. West Te...

Market

Fitch Downgrades Global Auto Outlook to Deteriorating Amid Rising US Tariffs and Market Uncertainties

Fitch Ratings downgrades the 2025 global automotive sector outlook to 'deteriorating' due to US tariffs on imported vehicles, predicting production cuts, increased costs, and weake...

Market

US Stock Markets Rally as Boeing and Tech Giants Report Strong Earnings, Trump Denies Powell Firing Rumors

U.S. stock markets opened higher as Boeing and other major companies reported strong earnings. President Trump denied rumors of firing Fed Chair Powell, boosting investor confidenc...

Market

Gold Prices Retreat from Record Highs: A 3% Drop Amidst US-China Trade Optimism

Gold prices have dropped 3% from record highs, influenced by optimistic US-China trade relations and Federal Reserve policy clarifications. Other precious metals showed varied resp...

Market

Oil Prices Plunge Over 2% Amid Speculations of OPEC+ Accelerating Production Increases

Oil prices dropped over 2% as OPEC+ members consider accelerating production increases for the second month in a row, with WTI and Brent crude both experiencing significant decline...

Market

Silver Prices Skyrocket Over 3% Amid Hopes of Surging Industrial Demand

Silver prices surged over 3% on Wednesday, driven by hopes of strong industrial demand and potential improvements in US-China trade relations. Other precious metals also saw gains,...

Market

European Markets Surge: DAX Climbs 3% Amid Trade Surplus and Tariff Talks

European stocks ended Thursday on a high note, with the DAX up 3.21%, following a euro area trade surplus and reports of potential U.S.-China tariff cuts. Key performers included S...

Market

Silver Prices Skyrocket Over 3% Amid Hopes for Increased Industrial Demand

Silver prices surged over 3% on Wednesday, driven by hopes of increased industrial demand. Other precious metals like palladium and platinum also saw gains, while gold prices decli...