Oil Prices Rally, Stock Futures Fall in Holiday-Thinned Trading
U.S. index futures fell Thursday, as conflict in the Middle East saw global oil prices rally further.
Persistent price rises further complicate the Bank of Japan’s policy steering amid tariff-related uncertainty.
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Canada Reveals Steps to Protect Steel Sector Under Duress From Trump Tariffs
Prime Minister Carney said the policy changes address ‘destabilization’ of metals sector due to U.S. trade policy.
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Trump Will Decide Within 2 Weeks Whether to Intervene in Israel-Iran War
Trump kept the world guessing on whether the U.S. would join Israel in attacking Iran.
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Oil Prices Are Jumping. What History Says Happens When Conflicts Threaten Supply.
For the past 40 years, the biggest increases in oil prices have all been driven by demand, not supply.
Central banks are facing a new challenge as tensions between Israel and Iran threaten to push energy prices and inflation higher.
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Bitcoin Price Rises. Watch the Dollar for Clues on Where Cryptos Goes Next.
The world’s largest cryptocurrency doesn’t seem to be getting much of a boost from rising geopolitical uncertainty.
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Foreign Investment Faces Third Year of Decline, UN Warns
Overseas investment by businesses around the world is at risk of falling for a third straight year as rising tariffs and geopolitical tensions freeze big decisions about where to locate factories, the UN warned.
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China’s Real Estate Recovery Is Mixed. These Cities Are Bouncing Back.
Luxury homes in Shanghai are selling but prices are still falling in smaller cities.
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ECB’s Next Move Most Likely to Be a Rate Cut, Villeroy Says
Unless the eurozone faces a major new shock such as an escalation of the military conflict in the Middle East, the ECB is more likely to lower its key interest rate over the next six months than raise it, the head of the Bank of France said Thursday.
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Swiss Central Bank Cuts Rate to Deter Search for Safe Haven
Switzerland cut rates to zero to rein in the rapidly appreciating franc, which has acted as a safe haven for investors given raised concerns over U.S. trade policy and Middle East tensions.
Fed Chair Jerome Powell is engaged in a balancing act: projecting confidence while admitting “we don’t know” what comes next.
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How ‘gold fatigue’ has helped drive platinum prices up 44% this year
Platinum has far outpaced its metals peers for the month and year to date as supplies of the commodity are expected to fall short of demand for a third straight year. But that’s not the only reason for platinum’s stellar price performance.
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Foreign Investors Sold $41 Billion in Treasuries After Trump Unveiled Tariffs
In April, foreigners sold a net $40.8 billion of U.S. notes and bonds that had more than one year to maturity.
