Gold price prediction: Gold rate futures fall big, what to expect for bullion? Gold rate today: Gold rate is driven by a number of factors including U.S.-Iran war. The Economic Times · Jun 22
Pound swings higher after Prime Minister reveals plan to step down Sterling was up 0.05% at 1.324 US dollars in morning trading, having been around 0.3% lower shortly before the PM’s speech. Evening Standard · Jun 22
Petrol, diesel margins back to above pre-conflict levels: Report State-run oil companies are poised for improved profitability as falling crude prices boost fuel marketing margins. While recent government excise duty cuts have aided this recovery, rising debt levels and potential tax increases pose risks to long-term earnings. Analysts anticipate better performance from the second quarter onwards, especially if oil… The Economic Times · Jun 22
Gold rebounds after two-day fall; silver jumps Rs 4,000/kg on progress in US-Iran peace talks. Should you buy? Gold prices rose on MCX on Monday, snapping a two-day decline after oil prices softened amid signs of progress in U.S.-Iran peace talks. The recovery comes after a sharp selloff in the previous session, though hawkish Federal Reserve signals and expectations of higher U.S. interest rates continue to weigh on… The Economic Times · Jun 22
Aussie shares edge lower as WiseTech leads IT sell-off Modest gains in financials, consumer discretionaries and industrials have softened the blow of an IT and health care stock sell-off in a weak start to the week. AAP · Jun 22
Oil Price Today (June 22): Crude oil rises above $80 as Iran shuts Strait of Hormuz again. What are experts saying? Brent crude futures rose 54 cents, or 0.67%, to $81.11 a barrel, after briefly touching $82.30 at the start of trading. U.S. West Texas Intermediate (WTI) crude futures gained $2.02, or 2.64%, to $78.62 a barrel ahead of the contract's expiry later on Monday. The Economic Times · Jun 22
Gold rebounds from one-week low as Iran cites progress in peace talks Gold prices surged over 1% as easing U.S.-Iran tensions and falling crude oil prices reduced inflation and interest rate hike fears. While investors anticipate the Fed holding rates steady, Indian gold demand saw a dip amid volatility. Swiss gold exports also experienced a decline. Other precious metals like silver, platinum,… The Economic Times · Jun 22
Oil rises after Iran shuts Hormuz again, Trump threatens new attacks Oil prices surged Monday as shipping through the Strait of Hormuz slowed amid escalating tensions. Talks between U.S. and Iranian officials began on a rocky note, with Iran citing violations of a peace deal. Despite expectations of increased supply and potential sanctions relief, the market reacted to disruptions in a… The Economic Times · Jun 22
Global Market Today: Asian stocks slip, oil up on peace doubts Global markets saw a dip as Middle East tensions escalated, pushing oil prices and bond yields higher, signaling increased U.S. interest rate risk. Political uncertainty in the UK also weighed on sterling. Investors are now keenly watching upcoming U.S. inflation data and central bank commentary for further clues on monetary… The Economic Times · Jun 22
Dow futures drop as first day of U.S.-Iran talks sees Trump threaten Tehran on Hormuz: 'You close it and you won’t have a country' He also said the U.S. may take over the strait, adding "I'll blow the s--t out of them. If they don't make a deal, we'll collect tolls." Fortune · Jun 21
Still a long way to go During the past week, global attention focused on the ceasefire agreement between the US and Iran, bringing months of protracted conflict to a halt. Bangkok Post · Jun 21
3 Inflation-Fighting Stocks Built for Higher Oil Prices Inflation resistant stocks provide consitent cash flow and capital returns, helping to reduce portfolio volatility and enhance total returns over time. MarketBeat · Jun 21
The Oil Trade May Not Be Over: 3 Energy Stocks to Watch Oil markets may remain tight through summer despite the Strait of Hormuz reopening, positioning XOM, COP, and VLO for windfall profits and accelerated capital returns. MarketBeat · Jun 21
Ceasefire hopes between US and Iran drag oil prices lower: What lies ahead? The recent decline in oil prices is primarily driven by fading fears of supply disruptions. Earlier, markets had priced in worst-case scenarios, including a prolonged conflict and potential blockage of critical energy trade routes. However, as ceasefire negotiations progressed, traders began unwinding these risk premiums. The Economic Times · Jun 20
Evening Standard · Jun 19 FTSE 100 dips as bonds struggle after Burnham win The FTSE 100 closed down 36.43 points, 0.4%, at 10,363.27.
International Business Times · Jun 19 Oil Prices Muted As U.S.-Iran Talks In Switzerland Get Postponed Oil prices were largely muted on Friday amid uncertainty over negotiations between the U.S. and Iran to fully cease hostilities and address Tehran's nuclear ambitions.
Kiplinger · Jun 19 How Global Geopolitics Shape Oil and Gas Investing: What Investors Need to Keep in Mind Investors should look at energy investing as a strategic asset class influenced by policy, security, infrastructure and capital discipline.
The Economic Times · Jun 19 Holiday Halt: S&P 500, Nasdaq to remain closed for Juneteenth today after busy 'triple witching' session US financial markets will be closed on Friday, June 19, for Juneteenth, granting investors a long weekend. This federal holiday's observance advanced the quarterly "triple witching" derivatives expiration to Thursday, June 18. The compressed schedule led to heightened trading activity as investors adjusted positions before the holiday break.
The Economic Times · Jun 19 Gold prices dip below Rs 1.50 lakh/10g; silver cracks Rs 20K/kg in 2 days amid strong dollar, inflation worries. Should you sell? Gold and silver prices tumbled on MCX on Friday, pressured by a stronger U.S. dollar and the Federal Reserve’s hawkish stance. Silver futures fell 2.3% to ₹2.32 lakh/kg, while gold futures dropped ₹2,269 to ₹1.49 lakh per 10 grams. The decline extended a sharp selloff from the previous session, taking…
The Economic Times · Jun 19 Oil falls as supply starts moving through Strait of Hormuz Oil prices dipped Friday as tankers resumed passage through the Strait of Hormuz following a U.S.-Iran peace deal. The agreement is expected to release millions of barrels of oil and lift sanctions, increasing global supply. While some producers are ready to resume exports, ongoing conflict in Lebanon casts doubt on…
Kiplinger · Jun 18 Stocks Rally on Middle East Peace, Apple-Intel Deal: Stock Market Today Investors, traders and speculators set aside their worries about interest rates to celebrate peace in the Middle East and AAPL-INTC again.
International Business Times · Jun 18 OPEC Chief Rejects IEA's Oil Glut Warning as Strait of Hormuz Reopens OPEC Secretary General Haitham Al Ghais has pushed back against forecasts from the International Energy Agency (IEA) that the global oil market is headed toward a major supply glut.
The Economic Times · Jun 18 Brent crude oil price touches pre-Iran war lows after ceasefire deal Oil prices have fallen significantly. This is due to a preliminary agreement between the United States and Iran. The deal aims to reopen the Strait of Hormuz and lift sanctions. This is expected to boost global oil supply. Analysts anticipate a gradual recovery in oil flows. Some experts believe prices…
AAP · Jun 18 Stocks rise on Wall Street, erasing much of their loss from a day earlier Stocks are rising on Wall Street, taking back much of their losses from a day earlier that were driven by anticipation that the Federal Reserve will likely raise interest rates this year in an effort to fight inflation
AAP · Jun 18 Wall Street on track to open with gains, oil falls and Intel soars on Trump post about Apple deal U.S. markets rose in premarket trading, taking back much of their losses from a day earlier that were driven by speculation that the Federal Reserve may raise interest rates this year to try and reign in persistent inflation