World markets today: US and European stock markets declined on Thursday on worries over rising US treasury yields and the Israel-Hamas war potentially growing into a wider conflict in the Middle East. Federal Reserve chairman Jerome Powell’s comments over interest rate hike also increased risk aversion among traders. The MSCI’sRead More →
Oil prices were little changed on Thursday, October 19, as the US eased sanctions on Venezuela to allow more oil to flow globally, but traders remained nervous that Israel’s military campaign in Gaza could escalate to a regional conflict. The US issued a six-month licence authorising transactions in Venezuela’s energyRead More →
World markets today: Global stocks slipped on Wednesday as crude oil prices rallied on burgeoning uncertainty over the Middle East war. A strike on a Gaza hospital that killed hundreds of Palestinians has increased fears that the Israel-Hamas conflict could spill over into a regional war. Wall Street US stocksRead More →
Oil prices climbed about 2 per cent to a two-week high on Wednesday, October 18, on a bigger-than-expected US storage draw and as rising tensions in the Middle East threaten to disrupt oil supplies from the region, with Iran calling for an oil embargo on Israel. Traders expect that USRead More →
World markets today: US stocks fell on Tuesday, treasury yields rose after robust economic data. Strong retail sales data and better than expected earnings from Bank of America and Goldman Sachs have raised hopes that the US Federal Reserve may keep restrictive policies in place for longer period. The DowRead More →
World markets today: In the global markets, the US stocks and the European shares gained as investors remained risk-averse on prospects of escalation in the Middle East conflict. The MSCI’s gauge of stocks across the globe gained 0.68%. Global investors are also turning their attention to corporate earnings as companiesRead More →
World markets today: Global stock markets were mixed on Thursday. The US equities declined, while the European stocks ended higher. Crude oil prices rose on supply concerns amid the Israel-Hamas conflict. The iShares MSCI Israel exchange-traded fund (EIS) suffered substantial outflows this week after its price hit a three-year lowRead More →
World markets today: In the global markets, US stocks closed higher in a choppy session and European equities edged higher. Investors across the global markets were cautious amid the ongoing conflict between Israel and Palestinian group Hamas in the Middle East. As Israel continues to pound Gaza Strip to root out Hamas,Read More →
World markets today: Global equities advanced on Tuesday as bond yields slid after dovish comments from officials of the US Federal Reserve and the European Central Bank. MSCI’s gauge of stocks across the globe gained 1.42%. Crude oil prices eased a day after rising sharply on clashes between Israeli militaryRead More →
Oil prices oil fell more than $1 a barrel on Tuesday, October 10, snapping the previous session’s rally where they rose 5 per cent, as traders focused on demand levels but still cautious as they watched for potential supply disruptions amid military clashes between Israel and the Palestinian Islamist groupRead More →
