Dow Hits Record High as Fitch Warns of Oil-Driven Growth Slowdown; Iran Nuclear Standoff Persists
Key Takeaways The Dow Jones Industrial Average surged 1.6% to a record high of 51,163.64, gaining 790 points even as […]
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US Labor Market Softens as Silver Surges and Tech Giants Expand Infrastructure
Key Takeaways U.S. jobless claims have surged to their highest level since February, signaling a clear softening in labor market
US Jobless Claims Hit 225K as Tech Rout Deepens; Blackstone Caps Credit Fund Redemptions
Key Takeaways US Initial Jobless Claims rose to 225,000 for the week ending May 30, exceeding the estimated 215,000 and
Market Jitters as Trump Signals Iran Peace Deal; Nasdaq Futures Slide 1.3% Amid Tech Sell-Off
Key Takeaways President Trump announces "final negotiations" to end the Iran war, targeting the reopening of the Strait of Hormuz
Lebanon Ceasefire Hopes Rise as US Job Cuts Hit 4-Year High; Amazon and Trafigura Signal Growth
Key Takeaways Lebanese President Joseph Aoun announces a potential US-brokered ceasefire with Israel could begin within 24 hours, calling the
Middle East Peace Talks Stall Over Frozen Funds as Eurozone Retail Sales Miss Estimates
Key Takeaways Iran-US peace negotiations have hit a stalemate over the technical mechanism for releasing $12 billion in frozen Iranian
Global Markets Shaken by UK Construction Slump and Private Equity Liquidity Crisis Amid Iran Truce Talks
Key Takeaways UK Construction PMI crashed to 38.2 in May, significantly missing estimates of 40.5 and marking the steepest contraction
Novak Warns of “Rare” Oil Crisis as BOJ Rate Hike Speculation Mounts
Key Takeaways Russian Deputy Prime Minister Alexander Novak warned the global oil market is facing a "rare crisis" unseen in
Global Markets Retreat as Tech Sell-Off Hits Softbank; China Oil Demand Plunges
Key Takeaways Softbank (SFTBY) shares plummeted 10%, spearheading a broader technology sector sell-off that dampened sentiment across Asia-Pacific markets. China’s
Central Bank Policy and Tech Outlook Dominate Markets: RBA Holds Firm, BOJ Eyes Hikes, and TSMC Navigates US Expansion
Key Takeaways The Reserve Bank of Australia (RBA) maintains a restrictive stance as Governor Bullock warns that inflation remains too