News
Oil falls on oversupply after Hormuz reopening; Michigan sentiment improves
14+ hour, 24+ min ago (314+ words) Oil prices fell as the Strait of Hormuz reopened, with Brent and WTI posting sharp weekly losses. Meanwhile, Michigan consumer sentiment improved as conflict-related fears eased, although inflation expectations remained elevated. The Nikkei declined amid concerns over AI valuations and…...
Nikkei slides on AI valuation concerns and prospects of yen intervention
16+ hour, 11+ min ago (179+ words) Equiti Securities Currencies Brokers LLC is licensed by CMA. The Nikkei 225 index dropped 4. 15% to close at 69, 360 points as investors questioned stretched artificial intelligence (AI)-linked valuations and initiated profit-taking following recent market gains. The Nikkei 225 dropped 4. 15% to 69, 360 as market participants…...
Micron climbs to record high amid solid earnings and strong growth
1+ day, 13+ hour ago (238+ words) Equiti Securities Currencies Brokers LLC is licensed by CMA. Micron surged by 15. 74% to a record high of $1, 213. 56 after quarterly revenue and EPS exceeded forecasts, lifting its market capitalisation to approximately $1. 37 trillion. Strong memory-chip demand, including $22 billion in customer commitments, supported…...
Ethereum nears the $1, 500 level amid rising expectations of a more hawkish Fed
1+ day, 13+ hour ago (318+ words) Equiti Securities Currencies Brokers LLC is licensed by CMA. Ethereum fell by 2. 43% to $1, 573 as hotter US PCE inflation strengthened expectations of further Federal Reserve tightening, pressuring risk assets and lifting crypto volatility. Markets are increasingly pricing in rate hikes through…...
Nikkei reaches new record as Bo J intensifies its restrictive stance
2+ day, 3+ hour ago (342+ words) The Nikkei 225 achieved a fresh record high after the Bank of Japan raised interest rates to 1%, marking its highest borrowing cost since 1995 and signalled potential further tightening to contain persistent inflationary pressures. Despite this hawkish policy stance, equities advanced. The…...
Oil Market Focus Shifts to Low Inventories as War Premium Fades
2+ day, 5+ hour ago (304+ words) By Yazeed Abu Summaqa | @Yazeed Abu Summaqa The IEA has already forecasted a large oil surplus in 2027. The market is shifting from war-risk pricing back toward balance-sheet fundamentals. US crude inventories, including strategic reserves, are at their lowest level since…...
Bo E softens proposed stablecoin rules, lifting crypto sentiment; Ethereum gains
2+ day, 13+ hour ago (141+ words) Equiti Securities Currencies Brokers LLC is licensed by CMA. The Bank of England relaxed proposed stablecoin rules, replacing individual holding caps with an issuance limit and increasing allowable government debt reserves to allocate. The Bank of England dropped proposed individual…...
Gold retreats to the $4, 000 level as US dollar strength re-emerges
2+ day, 14+ hour ago (309+ words) Gold retreated towards $4, 000 as renewed dollar strength and rising expectations of a more hawkish Federal Reserve reduced demand for non-yielding assets. Markets are now focused on the forthcoming PCE inflation release. Gold fell towards $4, 000, its lowest level since November 2025, as…...
Japan inflation rises modestly as yen breaks "161 threshold; UK retail sales surge
1+ week, 18+ hour ago (338+ words) Japan's headline inflation ticked up to 1. 5% in May, while the yen weakened past the critical "161 mark against the US dollar, intensifying market fears of an official intervention. Concurrently, UK retail sales surged by a robust 3. 2% on an annual basis, significantly…...
US'Iran peace deal lifts stocks and gold, while oil prices plunge
1+ week, 14+ hour ago (156+ words) Equiti Securities Currencies Brokers LLC is licensed by CMA. Global markets rallied after the United States and Iran announced a peace deal, boosting equities and gold while driving oil sharply lower on expectations of restored flows through the Strait of…...