Gold & Silver Precious metals continue to face selling pressure, with Gold falling 2.71%, breaching below the $4000 mark, while Silver witnessed a sharp 6.69% drop to fall below the $60 level on Wednesday. Thursday’s Asian session sees the trend continue, with Gold trading 0.50% lower and
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Gold & Silver Gold is down about 0.54% and is currently trading at $4,087. From a fundamental standpoint, in the US, the projected PMI clocked better than expected releases yesterday. Furthermore, according to Bloomberg, forward-looking PMIs show businesses casting off any temporary concerns stemming from the Iran war to position for strong growth, an outlook […]
Gold & Silver Gold is down by abut 1.81% in the day and is currently trading at $4,116. From a fundamental standpoint, Deutsche Bank AG reduced its gold price forecasts by as much as 22%, as investors grew more wary of the outlook for US monetary policy and investment demand for the precious metal dried up. Furthermore, […]
Gold & Silver Gold is down about 0.34% in the day, and is currently trading at $4,204. From a fundamental standpoint, gold rebounded from the day’s lows after the US and Iran made “encouraging progress” in talks on a peace deal and will continue technical-level discussions this week, according to mediators Qatar and Pakistan. The […]
U.S. Markets U.S. stock futures are trading lower today due to growing uncertainty surrounding U.S.-Iran negotiations. At the time of writing, S&P 500 futures are down around 0.5%, while Nasdaq futures are lower by nearly 0.68%. Risk sentiment deteriorated after reports confirmed that planned U.S.-Iran talks in Switzerland have been postponed. The delay has raised […]
SpaceX has reached a milestone nearly two decades in the making. The company, after completing a successful roadshow and pricing its offering, begins trading today on the Nasdaq under the ticker SPCX at $135 per share. At roughly 555.6 million shares and a ~$75 billion raise, that implies a valuation near $1.75–1.77 trillion — the […]
US Markets US equity markets witnessed a sharp rebound in Thursday’s session, with the SPX index recovering 1.83% and the NDX index jumping 3.40% by closing. Both indices trade relatively flat during the Asian session on Friday and are now about 3% and 4.45% lower than their all-time highs achieved earlier in the month. Markets […]
The European Central Bank raised interest rates for the first time after three years. The deposit rate was lifted to 2.25% from 2%. The hike is the first policy response by a major central bank to the spike in oil prices triggered by the conflict in the Middle East. However, the President, Christine Lagarde, struck […]
US Markets US equity markets witnessed yet another day of weakness with the SPX index falling 1.65% and the NDX index dipping 2.29% by closing on Wednesday. The Asian session on Thursday is seeing some support for both indices, with the SPX trading 0.57% higher and the NDX trading 0.98% higher. With this, the indices […]
US Markets US equity markets staged a recovery on Monday after a s steep fall at the end of last week, with the SPX index rising 0.62% and the NDX index recovering 2.11%. The strength seems to be continuing during the Asian session on Tuesday, with the SPX up 0.4% and the NDX up 0.83%. […]
U.S. Markets US equity markets fell sharply on Friday, with the SPX closing 2.92% lower and the NDX closing 5.12% lower, marking one of the worst falls in history for the index. Both indices have stabilised during the Asian session on Monday, with the SPX index trading higher, up 0.81%, while the NDX index is […]
U.S. Markets U.S. stock futures traded lower on Friday as investors awaited the release of the May Nonfarm Payrolls report for fresh insight into labor market conditions and the likely path of Federal Reserve policy. At the time of writing, the S&P 500 is down 0.41%, while the Nasdaq 100 is lower by 0.83%. Last […]
U.S. Markets The S&P 500 is up this morning after the index snapped a nine-day win streak in the last session. At the time of writing, the SPX is up 0.12%, whereas the NDX is up 0.03% as investors balance AI earnings. Technology stocks remain in focus after Broadcom’s earnings release yesterday. Its shares fell […]
U.S. Markets U.S. stock futures were little changed today after the major indexes closed at fresh record highs in the previous session. At the time of writing, the S&P 500 is down 0.11%, while the Nasdaq 100 is lower by 0.15%, as investors pause following a strong run higher. The broad-based S&P 500 gained 0.13% […]
As US-Iran negotiations move toward a final and permanent ceasefire resolution, two constituencies are watching closely — global markets, where a deal could mean lower oil prices and renewed equity momentum, and Dubai’s real estate sector, where the restoration of transactional confidence would likely support a broader normalization of market activity. Against that
U.S. Markets U.S. stock futures were little changed on Tuesday after the major averages kicked off June at fresh record highs. At the time of writing, the S&P 500 is down 0.08%, while the Nasdaq 100 is trading flat as investors take a breather following Monday’s AI-led rally. Technology stocks led gains in the previous […]
U.S. Markets U.S. equity futures advanced on Monday as Wall Street looked to begin June on a strong footing after ending May at record highs. At the time of writing, the S&P 500 is up 0.38%, while the Nasdaq 100 gains 0.67%. The major averages wrapped up a strong month, supported by easing geopolitical tensions […]
Crude Oil WTI crude fell by over 4% in yesterday’s session on optimism about a possible U.S.–Iran agreement. WTI rebounded strongly in today’s session, rising over 2% to trade near $93.93, while Brent climbed 2.2% above $98.5 as renewed military escalation between the U.S. and Iran revived concerns over supply disruptions through the Strait of […]
U.S. Markets U.S. equity markets remain constructive, with the S&P 500 holding near 7,515 after recently breaking above its previous all-time high zone near 7,500. Since U.S. markets were closed yesterday for Memorial Day, trading activity remained limited, and there was no major cash-market volatility to change the broader technical structure. The broader tone still
U.S. Markets U.S. equity markets continue to push higher, with the S&P 500 breaking out to fresh all-time highs as easing oil prices, softer bond yields, and growing optimism around a potential U.S.–Iran agreement continue to support risk sentiment. The SPX is now trading near 7,550, after successfully breaking above its previous all-time high zone […]









