Category: Latest News
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Markets Dip as Trump’s Iran Decision Looms: Key Drivers
U.S. stock futures edged lower as investors remain concerned about possible U.S. involvement in the escalating conflict between Israel and Iran. The White House stated that President Donald Trump will decide on the matter within two weeks. Meanwhile, European diplomats are meeting with Iranian officials to try to ease tensions. Despite falling on Friday, Brent…
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Bitcoin Remains Stable Near $104K as Trump’s Comments on Iran Offer Limited Market Relief
Bitcoin saw a slight dip on Friday, while the broader cryptocurrency market showed minimal change despite a modest improvement in risk sentiment after U.S. President Donald Trump announced a delay in deciding whether to launch an attack on Iran. The world’s leading cryptocurrency was positioned for a second straight week of small losses, trading in…
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Gold Prices Fall as Trump Postpones Decision on Iran Strike by Two Weeks
During Friday’s Asian trading session, gold prices declined, reflecting a modest rise in risk appetite following statements from the White House suggesting that a U.S. strike on Iran related to the Israel conflict is not imminent. The precious metal remained pressured after earlier in the week hawkish comments from the Federal Reserve bolstered the U.S.…
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Oil Prices Slide as Trump Postpones Decision on Potential Iran Strike
During Friday’s Asian trading session, oil prices took a notable downturn, giving back some of their recent gains after the White House revealed that President Donald Trump would delay a decision on intervening in the escalating conflict between Iran and Israel by two more weeks. Despite this decline, crude oil remains positioned to register its…
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Apple Taps Indian Manufacturers to Produce Equipment for iPhone Assembly
Apple Inc. (NASDAQ:AAPL) is actively collaborating with Indian firms to locally manufacture the specialized equipment required for assembling its flagship iPhone models in India, according to Business Standard. This initiative forms part of Apple’s wider plan to boost its production capabilities within the country. The tech giant, headquartered in California, is looking to procure production…
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Dow Jones Futures Dip as Trump Considers Iran Strike; U.S. Markets Closed for Juneteenth
Dow Jones futures fell sharply early Thursday, alongside S&P 500 and Nasdaq futures, as growing tensions between Israel and Iran weighed on investor sentiment. U.S. stock markets are closed Thursday in observance of the Juneteenth holiday. The stock market ended Wednesday mixed. Former President Donald Trump hinted at involvement in the Israel-Iran conflict, saying he…
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Dow Jones, S&P, Nasdaq, Markets Hold Steady as Fed Keeps Rates, Powell Flags Inflation Risks Amid Middle East Tensions
Stocks showed little movement following the Federal Reserve’s decision to maintain interest rates at current levels, although Chair Jerome Powell warned that rate cuts could still be possible later this year. Investors paid close attention to Powell’s comments highlighting that the effects of increased U.S. tariffs have yet to fully impact the economy. Meanwhile, escalating…
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Dollar Strengthens as Geopolitical Tensions Rise; BoE Rate Decision Looms
The U.S. dollar edged upward on Thursday, supported by safe-haven buying amid escalating tensions in the Middle East, shortly after the Federal Reserve’s recent policy meeting. At 04:25 ET (08:25 GMT), the Dollar Index—which tracks the greenback against six major currencies—increased by 0.1% to 98.585. This positions the dollar for a weekly gain of around…
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Bitcoin Remains Stable Around $105K Amid Middle East Unrest and Fed Caution
Bitcoin (COIN:BTCUSD) saw minimal price movement on Thursday, trading within a tight range as investor nerves persisted over the potential for U.S. involvement in the escalating Israel-Iran conflict. The cautious market mood was further dampened by comments from the Federal Reserve, which opted to keep interest rates unchanged and signaled no immediate plans for cuts.…
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Texas Lawmakers Call on Tesla to Delay Robotaxi Launch Until New Regulations Begin
A group of Democratic legislators in Texas is urging Tesla (NASDAQ:TSLA) to delay the introduction of its robotaxi service in Austin, requesting that the company wait until new autonomous vehicle regulations are in place this September. In a letter sent on Wednesday, the lawmakers asked Tesla to postpone the unveiling—initially set for this Sunday by…