Asian markets gained momentum after U.S. President Trump delayed steep tariffs on EU goods, easing global trade concerns.
Investors moved funds to Asia and Europe amid growing uncertainty around U.S. policies and a weakening dollar.
Oil Prices Edge Up Amid U.S. Holiday Buying and Uncertainty Over Iran Nuclear Talks; OPEC+ Output Hike Looms
U.S. stocks ended lower for the week as renewed tariff threats from former President Trump against the EU rattled investor confidence. Technology and growth stocks led the decline, while defensive sectors saw modest gains.
Asian markets rebounded on Friday as easing U.S. Treasury yields boosted investor confidence across the region. Gains were led by Indian indices, while markets in Japan, Hong Kong, and China also ended the week on a positive note.
Oil prices declined over 1% on Friday, marking the first weekly loss in three weeks, as OPEC+ considers increasing output and U.S.-EU trade tensions rise following President Trump's proposed 50% tariff on EU imports.
Gold prices surged nearly 2% on Friday, marking their strongest weekly gain in six weeks as investors turned to the safe-haven asset amid renewed U.S. tariff threats and a weakening dollar. Ongoing fiscal concerns and global market jitters further supported the bullish momentum.
Asian stock markets fell sharply as rising U.S. debt concerns and surging Treasury yields triggered global investor caution. Technology and consumer sectors led the declines, with major indices across India, Hong Kong, and South Korea ending lower.
Gold prices dipped slightly after reaching a near two-week high, pressured by a stronger U.S. dollar but supported by concerns over the country's growing debt and fiscal outlook. Investor uncertainty around U.S. tax legislation and Moody's recent credit downgrade continues to keep gold attractive as a safe-haven asset.
OPEC+ plans to raise oil output in July, fueling worries about oversupply and pushing prices down. Combined with rising U.S. crude stocks and slowing demand, the oil market faces growing uncertainty.
Oil prices rose nearly 1% amid rising tensions over a possible Israeli strike on Iranian nuclear sites, sparking fears of supply disruptions. The situation threatens key oil routes and could impact global energy stability.
Gold prices surged as political tensions in the U.S. and a weakening dollar drove investors toward safer assets. Uncertainty around President Trump's tax bill and concerns over national debt further fueled the rally.
Oil prices are falling as global production increases while demand remains weak, creating a surplus in the market. Experts warn this trend could impact energy investments and economic stability worldwide.
Gold prices edged higher as a weaker dollar boosted demand, while investors monitored global trade and peace developments. Analysts expect continued support for gold amid market uncertainty and anticipated rate cuts.
Oil prices declined on Monday following Moody's downgrade of the U.S. credit rating and weaker-than-expected economic data from China. Concerns over global demand and geopolitical tensions continue to weigh on the energy market.
Gold prices rose over 1% on Monday as investors turned to safe-haven assets following Moody's downgrade of the U.S. credit rating. A weaker dollar and ongoing trade tensions further fueled the metal's rebound after recent market losses.