Equities recovered ahead of major US earnings reports on Monday and as Middle East tensions eased. The rebound comes after six sessions of declines caused by a drop in Fed rate cut expectations and geopolitical tensions. Nasdaq’s losing streak (Source: Bloomberg) Equities had a rough time last week, with the Nasdaq posting big declines as Read More…
Currency futures were mixed on Friday as markets digested the news that Israel had attacked Iran. Safe-haven currencies like the Swiss franc and the yen rose sharply before pulling back as the session ended. Although Iran confirmed the attack, the country eased market fears by saying it had no intention to strike back. Meanwhile, risk-sensitive Read More…
U.S. stock index futures fell on Friday morning amid heightened tensions in the Middle East and a disappointing revenue forecast from Netflix. An Israeli attack on Iranian soil escalated concerns over regional stability. The CBOE Volatility Index climbed to its highest level in over five months as well as markets digested the news. Dow e-minis, Read More…
Interest futures fell on Thursday as Treasury yields soared due to the rising tensions in the Middle East. Furthermore, economic data from the US and policymaker remarks pointed to a delay in Fed rate cuts. Investors were on the edge while waiting for Middle East war developments. The uncertainty in the market rose after Iran Read More…
Oil prices fell by nearly 3% on Wednesday amid some calm in the Middle East and a significant increase in US crude inventories. Additionally, fading Fed rates cut expectations and signs of weak demand in China weighed heavily on prices. Traders have been on edge since Iran attacked Israel, with some fearing retaliation and an Read More…
Gold prices held steady on Tuesday as Middle East tensions overshadowed a surge in US Treasury yields. The growing tensions between Israel and Iran have increased safe-haven demand for the yellow metal. As a result, gold has rallied despite the recent drop in Fed rate cut expectations. Gold prices (Source: Bloomberg) Notably, gold prices hit Read More…
