Skip to main content Skip to footer - Markets
- Forex
- Commodities
- Crypto
The dollar rose 0.2 percent, making gold bullion pricier for international buyers
Brent is on track for a 2 percent weekly fall while WTI crude is set to decline 2.9 percent for the week
Bullion has surged over $700 this year, setting multiple record highs and reaching $3,500.05 on Tuesday
Despite a 13 percent drop in gold jewellery demand, bullion interest remains strong in the country
Boeing shares rose 6.05 percent to $172.37 after the company reported a smaller-than-expected quarterly loss
The U.S. and China could be moving closer to trade talks, which gives oil prices some support
Trump expressed optimism that a trade deal with China could “substantially” reduce tariffs on Chinese goods
GCC stock markets recorded net buying of $2.8 billion compared to $3.0 billion in net buying during Q4 2024
Market reacted positively after Trump signaled easing trade tariffs
S&P 500 futures climbed 1.61 percent and Nasdaq futures gained 1.91 percent
Stock slid as CEO announced plans to reduce involvement with DOGE
U.S. crude oil inventories fell by about 4.6 million barrels last week, per API data
Prices declined as Trump eased Fed threats and optimism for a trade deal increased
Trump criticized Fed Chair Powell, warning the U.S. economy could slow without immediate rate cuts
Amid Trump-Fed clash and trade tensions
The euro hit a three-year high on Monday, while the yen sat at a seven-month peak
Markets remained nervous about aggressive U.S. tariffs and the ongoing trade war with China
Amid trade war concerns and weaker dollar
South Korea’s SE KOSPI Index rose 0.90 percent to 2,469.43 while the broader Topix index gained 1.08 percent to 2,525.04
Both benchmarks are on track for their first weekly rise in three weeks after recording their highest levels since April 3 on Wednesday
The dollar index hovered near a three-year low hit last week, making gold more attractive for other currency holders
U.S. West Texas Intermediate crude fell by 16 cents, also down 0.3 percent, to $61.17
The dollar index fell 0.4 percent, making gold more attractive to foreign currency holders
Trump announced lately that phones, computers, and chips would be exempt from the new tariffs
