Category: Latest News
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Oil Prices Drop More Than 3% as US–Iran Dialogue Eases Risk Premium; OPEC+ Keeps Output Steady
Oil prices came under heavy pressure in Asian trading on Monday, sliding more than 3% as reports of renewed contacts between the United States and Iran prompted traders to unwind part of the geopolitical risk premium embedded in crude. The move was compounded by profit-taking after last week’s rally. The decline followed a weekend meeting…
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Futures Slide as Gold Selloff Deepens and Bitcoin Weakens — Markets in Motion: Dow Jones, S&P, Nasdaq, Wall Street
U.S. equity futures moved lower on Monday, with sharp declines in gold and silver weighing on sentiment ahead of a heavy week of high-impact corporate earnings and economic releases. Bitcoin also extended recent losses after slipping below the $80,000 mark over the weekend. Elsewhere, Oracle (NYSE:ORCL) detailed plans to raise fresh capital, while speculation over…
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Here’s when gold could reach $10,000, according to Yardeni
Gold’s powerful rally is being underpinned by what Yardeni Research describes as a broad-based “geopolitical risk-on trade,” with escalating global tensions pushing prices higher not just for gold, but across precious metals, base metals and rare earth elements. The research firm said it has been forecasting a sharp upside move in gold since early last…
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U.S. growth drivers look increasingly concentrated at start of 2026, UBS warns
The engines powering U.S. economic growth have become increasingly “narrow,” with significant portions of national output now described as “weak or contracting,” according to analysts at UBS. In a research note, UBS analysts including Jonathan Pingle and Alan Detmeister said the outlook for the U.S. economy through 2028 is heavily dependent on continued investment in…
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Renewed Inflation Concerns Contribute To Weakness On Wall Street
Stocks fluctuated over the course of the trading session on Friday but maintained a negative bias throughout the day before eventually closing mostly lower. After recovering from an early sell-off to end Thursday’s session mixed, the major averages all finished the day firmly in negative territory. The tech-heavy Nasdaq led the way lower, slumping 223.30…
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Is Gold Overtaking Bitcoin as the Preferred Hedge?
For years, Bitcoin (COIN:BTCUSD) supporters have promoted the cryptocurrency as “digital gold,” arguing that both assets serve as stores of value, generate no income and are inherently difficult to value. That comparison is now being re-examined as gold’s (PM:XAUUSD) rally accelerates and Bitcoin’s volatility remains pronounced. According to Yardeni Research, “both the cryptocurrency and the…
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LaFleur Minerals Accelerates Toward Gold Production with Beacon Mill Restart and Swanson PEA
LaFleur Minerals is moving quickly from planning to execution as it advances a fully integrated gold production strategy in Québec’s prolific Abitibi Gold Belt. With technical studies nearing completion and recommissioning work underway at its wholly owned Beacon Gold Mill, the company is positioning itself to restart gold production at a time when gold prices…
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Inflation fears and tech volatility pressure U.S. futures as markets brace for a lower open in Dow Jones, S&P 500 and Nasdaq
Dow Jones, S&P 500 and Nasdaq futures are currently pointing to a lower open on Friday, with stocks likely to move back to the downside after recovering from an early sell-off to end the previous session mostly lower but well off their worst levels. Renewed concerns about inflation may weigh on the markets after the…
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U.S. Producer Prices Jump in December, Beating Forecasts as Markets Await Fed Signals
Producer prices in the U.S. increased by much more than anticipated in the month of December, according to a report released by the Labor Department on Friday. The Labor Department said its producer price index for final demand climbed by 0.5 percent in December after rising by 0.2 percent in November. Economists had expected producer…
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Visa Shares Slip Even After Solid Q1 Beat
Visa Inc Class A (NYSE:V) delivered fiscal first-quarter results that came in ahead of expectations on Thursday, but the numbers were not enough to lift sentiment, with the stock down more than 1% in premarket trading on Friday. The payments group reported adjusted earnings of $3.17 per share, slightly above the $3.14 consensus forecast, while…