U.S. stock futures and Asian stocks fell on Thursday, extending the volatile trading seen this week. The decline came after two oil tankers were attacked in Iraqi waters, highlighting the threat to energy assets in the Middle East and sending oil prices higher. Futures for the S&P 500 index dropped 0.8%, and Asian stock market […]
As the Middle East conflict escalates, one factor influencing the dollar’s movement is becoming increasingly prominent: that is, the price of oil. In just one week, energy prices soared to record highs due to the potential of the US and Israel launching attacks on Iran, upending the global inflation and economic growth outlook. The US […]
US President Donald Trump said that the Middle East war might be coming to an end. As a result, the US dollar weakened and the price of gold stabilized. Any sign that the US government might be willing to end the conflict could relieve the pressure on gold prices that has been building in recent […]
As the Middle East war escalates continuously, the oil price has broken through $100 per barrel, and the demand for safe-haven assets has soared, causing the US dollar to strengthen against all major currencies. The demand for the US dollar has soared as the crude oil market faces the prospect of further production cuts and […]
This week, traditional safe-haven assets such as government bonds, the Japanese yen, the Swiss franc and gold failed to offer any refuge to investors. The status of the US dollar as a safe-haven asset is increasingly being questioned, yet it is one of the few major assets that have risen. These movements indicate that market […]
The Middle East war has entered its sixth day and shows no sign of ending. Affected by this, the price of gold has risen. As the US and Israeli forces continue to bomb Iran, and Iran fires missiles at multiple countries in the region, attacking key energy infrastructure and effectively blocking the strategically significant Strait […]
Gold prices rebounded after falling by more than 4% in the previous trading session as traders weighed the impact of a stronger dollar against the demand for safe-haven assets amid escalating tensions in the Middle East. Gold prices climbed above $5,100 per ounce as bargain hunters entered the market after a four-day rally ended on […]
According to foreign exchange strategists at JPMorgan Chase, the ongoing oil price shock caused by the escalating conflict between the United States and Iran and the resulting disruption to Middle East oil tanker transportation pose the greatest threat to JPMorgan’s view that the US dollar will weaken this year. JPMorgan has been bearish on the […]
The escalation of the Middle East conflict has shaken the market, causing a decline in the stock market and a rise in crude oil prices, which has prompted investors to reduce their exposure to risks. Asian stocks fell by 1.3%, while U.S. stock futures dropped by 0.6%, narrowing their earlier losses. This came after U.S. […]
Gold prices climbed to around $5,200 per ounce as the global market remained tense due to the US reinforcement of troops in the Middle East. The price has risen by nearly 6% over the past six trading days. Washington imposed sanctions on more than 30 entities that support Iran’s oil and arms sales, increasing pressure […]