News
Gold Surges Past $4, 100 as Middle East Tensions and Fed Policy Uncertainty Fuel Rally
1+ hour, 17+ min ago (410+ words) Precious metal prices staged an impressive recovery on Thursday, advancing more than 1% following three consecutive sessions of declines. Spot gold increased 1. 14% to reach $4, 123. 91 per ounce, while futures contracts for gold rose 1. 25% to settle at $4, 132. 95 per ounce. The United States initiated…...
Federal Reserve Minutes Reveal AI Boom Sparking Inflation Worries and Rate Hike Possibilities
10+ hour, 36+ min ago (236+ words) Central bank officials found themselves at odds during their June policy gathering regarding the appropriate path forward for interest rates. Documents released on Wednesday revealed that numerous policymakers highlighted robust artificial intelligence sector demand as a primary catalyst for inflationary…...
KOSPI Plunges Into Bear Territory as Samsung and SK Hynix Lead Tech Selloff
1+ day, 8+ hour ago (374+ words) The KOSPI tumbled 5. 35% to close at 7, 246. 79 points. The index now sits more than 20% beneath its all-time closing peak of 9, 114. 55 reached on June 22, satisfying the traditional threshold for bear market classification. Market action was turbulent from opening bell to close. The…...
Middle East Tensions Drive Oil Surge While Equities and Digital Assets Retreat
1+ day, 10+ hour ago (266+ words) BREAKING: US announces it has hit over 80 targets with precision munitions in tonight's strikes on Iran, including more than 60 IRGC speed boats in and near the Strait of Hormuz, per CENTCOM. " The Hormuz Letter (@Hormuz Letter) July 8, 2026 These military exchanges…...
U. S. Dollar Posts Largest Weekly Decline Since April Following Jobs Report
3+ day, 6+ hour ago (428+ words) The dollar index, measuring the currency's performance against a basket of six major counterparts, hovered around 100. 9 during early Monday sessions. This follows last week's 0. 5% decline " marking its most significant weekly retreat since April. The catalyst was June's nonfarm payrolls data,…...
Gold Retreats as U. S. Dollar Rebounds Following Last Week's Rally
3+ day, 6+ hour ago (371+ words) Gold prices experienced a turbulent beginning to the week. Following their strongest weekly performance since May, the precious metal reversed direction on Monday as the U. S. dollar staged a comeback. Spot gold decreased 0. 6% to $4, 151. 66 per ounce during early Monday sessions. Gold…...
Tech Futures Surge 1% as Semiconductor Stocks Rebound From June Losses
3+ day, 7+ hour ago (452+ words) US equity futures kicked off the week on a positive note Monday morning, with the technology sector driving gains after the extended Independence Day holiday break. Futures tied to the Nasdaq 100 climbed 1%, while contracts on the S&P 500 advanced 0. 4%. Dow…...
Gold Surges 1. 4% as Disappointing Jobs Report Dampens Fed Hike Expectations
6+ day, 5+ hour ago (349+ words) Precious metal prices advanced significantly on Friday, positioning gold for its first weekly increase in over a month. Spot gold traded near $4, 182 per ounce, marking a 1. 4% daily increase and approximately 2. 3% weekly gain. The rally followed Thursday's release of U. S. nonfarm payrolls…...
Dollar Tumbles Most in 12 Weeks Following Dismal Employment Data
6+ day, 7+ hour ago (428+ words) The greenback is on course for its most substantial weekly decline in almost a quarter as lackluster June employment figures dampened market enthusiasm for additional Federal Reserve monetary tightening. June's nonfarm payroll expansion registered a meager 57, 000 positions. This figure landed…...
Dollar Suffers Steepest Weekly Decline in Three Months Following Disappointing Jobs Data
6+ day, 7+ hour ago (469+ words) The greenback is on course for its most severe weekly decline in close to three months following a weak June employment report that dampened market expectations for Federal Reserve monetary tightening. June nonfarm payrolls increased by a mere 57, 000 positions. This…...