U.S.-Iran ceasefire makes slow progress as oil prices drop below 95

By: keiko

With no sign of progress in ceasefire talks between the United States and Iran following the most severe violence in weeks, Hezbollah, a militia backed by Tehran, rejected on Thursday a U.S.-brokered ceasefire deal in Lebanon. U.S. President Donald Trump said ceasefire talks have entered the “final” stage, after Iran’s foreign minister stated negotiations had […]

U.S., Israel, and Lebanon announce ceasefire, gold recovers some losses

By: keiko

The United States said Israel and Lebanon have agreed to a ceasefire if Hezbollah also halts fighting. This is the latest effort by the Trump administration to keep peace talks with Iran moving forward, as political forces opposing the war are gaining momentum. The White House stated that an agreement between Israel and Lebanon depends […]

Despite uncertain geopolitical conditions, AI is driving a broad rise in the stock market.

By: keiko

Asian stock markets hit new highs as investors increasingly bet on artificial intelligence-related trades, which have been a key driver behind the global equity surge. The yen hovered around 160 against the U.S. dollar. The MSCI Asia-Pacific Index rose 0.7%, hitting a record high, led by technology stocks, with chipmaker Tokyo Electron’s shares surging 10%. […]

Trump lashes out at Netanyahu, gold price rebounds after dropping to 4,450

By: keiko

Gold prices fell as conflicting signals from the United States and Iran raised doubts about resolving the conflict diplomatically, intensifying long-standing concerns over inflation and trade disruptions. Gold prices approached $4,490 per ounce after falling more than 1% in the previous trading session. Against the backdrop of renewed tensions near the Strait of Hormuz, U.S. […]

Goldman Sachs: War tightens crude supply, but demand is also declining

By: keiko

Goldman Sachs believes that oil prices face a double risk due to reduced Middle East oil supply caused by the Iran war, coupled with declining demand. Analyst Daan Struyven noted in a report on May 31 that combined oil sales data from China and Western Europe for April suggest the bank’s already low expectations for […]

Gold rebounds to 4,500; Iran nuclear deal awaits Trump’s signature

By: keiko

Reports indicate that the United States and Iran have reached a preliminary agreement to extend the ceasefire and work toward ending the Middle East war, easing concerns over inflation and keeping gold prices on an upward trend. Gold prices closed up 1% on Thursday, approaching $4,500 per ounce. Although they briefly touched a two-month low […]

Iran’s leak of the draft agreement angers Trump, sparking a tense standoff

By: keiko

The United States launched an airstrike on an Iranian military facility and imposed new sanctions to prevent Tehran from profiting from ships passing through the Strait of Hormuz, highlighting the fragility of recent diplomatic momentum. A U.S. official described the attacks as defensive and said the United States intends to uphold the ceasefire agreement that […]

Frictions continue to emerge in negotiations, slightly cooling market optimism.

By: keiko

Investors closely watched developments in an agreement that could end the three-month Middle East war, keeping copper prices on an upward trend. Industrial metal prices on the London Metal Exchange (LME) were largely flat, hovering near $13,680 per tonne, after rising more than 1% last Friday. The LME was closed Monday due to a public […]

U.S.-Iran talks show progress, gold gaps up to 4580 on Monday

By: keiko

Gold prices rose as concerns over inflation eased, following signs that the United States and Iran are on the verge of reaching an agreement to reopen the Strait of Hormuz. Gold prices surged 1.6% to around $4,580 per ounce, erasing last week’s modest decline. U.S. officials told reporters on Sunday that both sides were still […]