Category: Latest News

The U.S. dollar weakened on Monday as investors grew more optimistic that Washington might take a softer stance on trade following its latest escalation against Beijing. The greenback’s slide came after Friday’s heavy market selloff, while political shifts in France and Japan weighed on the euro and yen. The dollar index, which tracks the currency…

Crude oil prices moved higher on Monday, regaining some of the sharp losses from the previous session, as investors focused on the possibility of trade negotiations between the U.S. and China that could ease tensions between the world’s top two economies and energy consumers. Brent crude futures climbed 92 cents, or 1.47%, to $63.65 per…

Gold prices soared to fresh all-time highs in Asian trading on Monday, nearing the $4,100-per-ounce mark as escalating trade frictions between the U.S. and China reignited demand for safe-haven assets. Spot gold climbed 1.3% to $4,070.29 per ounce by 02:53 ET (05:53 GMT) after reaching an intraday record of $4,078.05 earlier in the session. U.S.…

U.S. President Donald Trump’s administration and AstraZeneca (NASDAQ:AZN) announced Friday that they have finalized a deal for the U.K.-based drugmaker to lower the cost of its medicines in the United States. This accord mirrors a similar pricing arrangement reached late last month with Pfizer (NYSE:PFE). As part of the deal, AstraZeneca will provide its drugs…

Stellantis N.V. (NYSE:STLA) has decided to take additional time to finalize its upcoming industrial strategy. The automaker, led by Antonio Filosa, has postponed the release of its new plan to the first half of 2026, shifting the original deadline from the first quarter to June 30. The three-month delay aims to ensure the strategic plan…

Gold prices could climb above $4,400 per ounce during the first half of 2026, according to Bart Melek, head of commodity strategy at TD Securities. Melek’s forecast comes amid expectations that the Federal Reserve will shift toward a more accommodative monetary policy as inflation continues to rise. At the same time, central banks and institutional…

Jamie Dimon, CEO of JPMorgan Chase & Co., has cautioned that U.S. equities could face a “serious fall” within the next six months to two years, pointing to rising geopolitical and economic uncertainties. In an interview with the BBC, Dimon said he was “far more worried than others” about the potential for a major decline…

Gold surged past the $4,000 per ounce level for the first time on Wednesday, extending its impressive year-to-date rally to more than 50%. UBS Chief Investment Officer Mark Haefele advised investors to keep a “mid-single-digit percentage allocation to gold,” emphasizing the metal’s role as a reliable hedge against inflation and broader market uncertainty. UBS expects…

Analysts at Macquarie said the current market climate highlights a growing divide between optimism over artificial intelligence (AI) and caution surrounding global political and economic risks. In their latest Market Pulse note, the firm wrote, “Optimists buy tech, pessimists buy gold, hedgers buy both.” Macquarie described the simultaneous rallies in AI-related equities and gold as…