Hormuz Situation Unclear; Oil Prices Remain Elevated
Oil prices held firm during Tuesday’s trading (August 11) as hopes for a deal to reopen the Strait of Hormuz…
European Markets Stalled; Hormuz Concerns Resurface
European stock markets traded flat on Monday (August 10) following strong gains last week. The Stoxx Europe 600 index held…
Oil Prices Hold Firm; Hormuz Remains Key
Oil prices maintained their gains during Monday’s trading (Aug 10) as Iran and Oman have yet to reach a final…
Dollar Recovers Slightly, CPI Becomes the Next Focus
The U.S. Dollar edged higher on Monday after previously falling to its lowest level in seven weeks. The Dollar Index…
Hang Seng Rebounds, WuXi Biologics Surges
The Hang Seng Index rose 0.5% to 25,668 during Friday’s trading session, rebounding after a previous 1.5% decline. Forty-four of…
European Markets Head for Best Week!
European stock markets rallied again during Friday’s trading (August 7), heading for their best weekly gains since late June. The…
Euro Stalled; NFP to Determine Direction
The Euro traded flat around 1.1520 against the US dollar on Friday after briefly touching the 1.1560 level. German data…
Oil Prices Stagnate as Market Awaits Hormuz Decision
Oil prices traded flat on Thursday (Aug 6) following a sharp decline earlier in the week. Brent crude hovered around…
Gold Hits 7-Week High
Gold prices strengthened again during Thursday’s trading (Aug 6), reaching a seven-week high. Spot gold rose approximately 0.6% to US$4,271…
AI Rally Stalls, Hang Seng Falls
Hong Kong stocks closed lower in Thursday’s trading (Aug 6) as technology shares came under renewed pressure. Investors turned cautious…