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Read snapshots of the latest market news
Gold and oil lead in crisis
A sharp escalation in Middle East tensions following Israel's airstrikes on Iran rattled global markets, sending equities lower while oil and traditional safe-haven assets surged.
13 Jun 2025, 08:05
Trump presses ahead with unilateral tariff plan as July 9 deadline looms
President Trump plans to issue tariff notifications within two weeks, reviving fears of a global trade disruption as bilateral talks stall and investor unease rises.
12 Jun 2025, 07:15Why central banks are quietly fueling the global gold rally
A historic gold-buying spree by central banks is reshaping global reserves, signaling a broader shift away from the US dollar amid rising geopolitical and economic uncertainty.
4 Jun 2025, 10:51Trump confronts Powell over interest rates in White House meeting
The president told the Fed chair he is making a "mistake" by keeping rates elevated as global trade tensions escalate.
30 May 2025, 07:39Trump dealt legal blow as court strikes down global tariffs
A U.S. trade court has struck down most of Donald Trump's emergency-imposed global tariffs, calling them illegal. Markets rallied on the ruling, but uncertainty lingers as the government prepares an appeal.
29 May 2025, 05:10OPEC+ considers third straight output hike as oil drops toward $60
OPEC+ is weighing a third consecutive production hike of 411,000 barrels per day for July, as crude prices sink and forecasters turn bearish on oil demand for the rest of 2025.
22 May 2025, 08:29UK inflation surges to 3.5%, markets slash rate-cut bets
UK inflation jumped to a 15-month high of 3.5% in April, driven by energy and administered price increases, prompting markets to scale back expectations for further rate cuts by the Bank of England.
21 May 2025, 08:35Gold's $3,200 support: Navigating global market shifts
Gold prices remain under pressure but resilient above $3,200 amid a stronger risk-on environment, as markets weigh dovish Fed signals, trade developments, and China’s and Australia’s fresh rate cuts.
20 May 2025, 06:20Markets pull back as Moody’s downgrades US credit
Global stocks retreated and Treasury yields rose after Moody’s downgraded the US credit rating, reviving concerns about fiscal discipline and debt sustainability. Meanwhile, upcoming inflation data and central bank decisions are set to shape the week’s tone.
19 May 2025, 07:24CPI in focus today
Markets surged on renewed risk appetite after a breakthrough US-China trade truce, while investors brace for US CPI data to gauge the early effects of tariff-induced inflation.
13 May 2025, 07:20