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London’s FTSE 100 slips as sinking crude weighs on oil majors
The blue-chip FTSE 100 index ended 0.1% lower at 10,363.93 points, while the midcap FTSE 250 climbed 0.3%.
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The blue-chip FTSE 100 index ended 0.1% lower at 10,363.93 points, while the midcap FTSE 250 climbed 0.3%.
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Dubai: Global markets moved back into risk-on mode on Tuesday as investors returned to technology stocks, oil prices fell and gold struggled to recover after Israel and Iran signalled a pause in direct attacks.
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Oil prices have dropped and global stock markets have risen following reports that the US and Iran are close to a deal to end the war.
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The Indian Rupee (INR) ticks lower against the US Dollar (USD) on Friday. The USD/INR edges up to near 95.72 as elevated oil prices have outweighed a weak US Dollar.
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Norway is producing oil and gas faster than the industry is finding new resources, increasing the risk of a steep decline after 2030, according to a new report from the Norwegian Offshore Directorate.
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WTI crude is trading around $84.80, up roughly 4% over the past two weeks and consolidating just below the $85.00 psychological level which aligns with the 100-day SMA; a decisive daily close above $85 could open a rall…
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Gold (XAU/USD) has detonated higher on Wednesday, May 6, 2026, with spot pricing reaching $4,685.96 and intraday strength briefly punching past the $4,700 mark — a level that registers two-week highs and represents a 2.…
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Gold is on track for its third consecutive weekly gain, with XAU/USD holding above the psychologically important US$4,500 per ounce level.
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Gold April futures on MCX are trading near â¹1,59,860 after witnessing persistent selling pressure through the session. The price structure reflects a clear downward bias with successive lower highs and lower lows form…
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As we near the end of 2025, plenty of unanswered questions remain about tariffs, economic growth, inflation, and interest rates. And while US stocks have enjoyed a solid performance this year on paper, the ride has been…
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For most of the 20th century, the arrangement seemed not just logical but obvious. A central bank with significant gold reserves kept the bulk of them in New York or London. Both cities hosted the deep trading infrastru…
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On Monday, oil prices spiked, and stocks slipped after Iran-backed Houthi rebels in Yemen entered the conflict over the weekend. The Washington Post also reported that the Pentagon is preparing for weekslong ground oper…
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Gold plunged in March. The LBMA Gold Price PM in USD fell 12% in the month, weighed by rapidly cooling expectations of future Fed cuts – due to inflationary fears stemming from the Middle East war – and momentum factors…
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Wall Street’s September debut reinforced its reputation as the weakest trading month of the year. The Dow Jones Industrial Average (^DJI) closed at 45,002.90, falling 541.98 points or 1.19%. The S&P 500 (^GSPC) ended at…
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On 29 March, Iran launched 15 ballistic missiles at Ukraine. All of them were intercepted and none hit their intended targets. This attack was in response to Ukrainian President Zelensky’s interview to NBC News on 28 Ma…
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Gold (XAU/USD) surged toward US$4,520 in Thursday's Asian session, reaching its highest level since early June, as a sharp decline in US Treasury yields and a weaker US dollar provided a powerful boost to the precious m…
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When the global benchmark Brent crude price surges past the $90-per-barrel mark and traffic through the Strait of Hormuz effectively drops to zero amid US-Iran military confrontation, the script from the past half-centu…
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August 5, 2026, 3:53 AM EDT.IPOs such as SpaceX and ChangXin Memory Technologies have generated worldwide interest, particularly across the tech and AI sectors. Still, with founders trying to maximize returns and invest…
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The Strait of Hormuz reopening may ease pressure on oil, LNG, global trade and crypto markets, but clearing around 1,500 stranded ships in the Persian Gulf could take weeks or months because of security risks, convoy li…
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This analysis explains how the March 2026 Middle East conflict has split the global oil market into two divergent realities: a futures market pricing amid a relatively short-lived disruption and a physical market where …
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Prices are likely to rise substantially if the Strait of Hormuz remains, in effect, closed, market watchers say.
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Oil prices turn lower as Bessent says U.S. may have Iran deal "today or tomorrow"
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The Bloomberg Commodity Total Return Index has rallied sharply over the past week, driven overwhelmingly by the energy sector as renewed geopolitical tensions in the Middle East once again dominate commodity price actio…
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The gold price outlook for July 2026 rests on a single tension: the price has fallen 28% from its January record on hawkish Fed expectations, while the structural forces that drove that record — central bank buying, fis…