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  • Crude Oil Plummets Amid Israel-Iran Ceasefire Holding, Trump's Assurance On U.S.-Iran Deal June 09, 2026 14:41 ET

    Reversing the gains from yesterday's session, crude oil prices have plunged on Tuesday after Israel and Iran halted their exchange of attacks. In addition, U.S. President Donald Trump's reassurance on a U.S.-Iran deal in a couple of days and on the quick reopening of the Strait of Hormuz, reduced ongoing supply disruption concerns.

  • Gold Slumps Amid Concerns Of Fed Keeping Interest Rates High June 09, 2026 13:45 ET

    Gold prices have tumbled on Tuesday despite a fall in crude oil prices due to easing of Middle East tensions as economists expect the U.S. Federal Reserve to keep rates higher in the near-term.

  • Gold Holds Steady As Iran And Israel Halt Attacks June 09, 2026 05:50 ET

    Gold prices held steady on Tuesday as a halt in hostilities between Israel and Iran boosted hopes that peace negotiations could move forward. Spot gold was little changed at $4,329.44 an ounce after touching a two-month trough at $4,268.39 on Monday. U.S. gold futures were down 0.3 percent at $4,352.51...

  • Oil Prices Tumble As Israel And Iran Halt Attacks June 09, 2026 05:36 ET

    Oil prices were sharply lower on Tuesday as a halt in hostilities between Israel and Iran boosted hopes that peace negotiations could move forward. Brent crude futures fell more than 2 percent to $92.33 a barrel, after having hit as high as $98 a barrel in the overnight U.S. trading session. WTI...

  • Crude Oil Advances As Reopening Of Strait Of Hormuz Drags On June 08, 2026 14:50 ET

    Crude oil prices have edged higher on Monday as the delay in reopening of the Strait of Hormuz persists despite assurance by the U.S. President Donald Trump as reports emerge on Iran taking a hardline stance.

  • Gold Slips Amid Increasing Signals On An End To U.S.-Iran Conflict June 08, 2026 13:44 ET

    Partially paring the losses from Friday's session, gold prices have ended roughly flat on Monday following U.S. President Donald Trump's halting of an Israel-Iran re-escalation and his reassurance on an imminent U.S.-Iran peace deal. However, the ongoing delay in reopening of the Strait of Hormuz weighed on gold price.

  • Gold Dips Below $4,300 On Rate Hike Concerns June 08, 2026 06:00 ET

    Gold prices fell below $4,300 an ounce on Monday as Middle East worries persisted and robust U.S. jobs data led traders to ramp up bets on a Federal Reserve rate hike this year. Spot gold fell 0.9 percent to $4,290.78 an ounce, holding a decline after tumbling nearly 5 percent last week to its lowest...

  • Oil Prices Spike As Israel And Iran Exchange Fire June 08, 2026 05:31 ET

    Oil prices jumped more than 4 percent on Monday, rebounding from a two-session decline after Iran and Israel exchanged missile strikes, derailing U.S. President Donald Trump's efforts to secure a peace deal. Brent crude futures for August delivery were up 4.4 percent at $97.16 a barrel, while WTI...

  • Crude Oil Tumbles As Optimism On An End To Gulf War Sustains June 05, 2026 14:40 ET

    Crude oil prices have slumped on Friday, extending the losses from yesterday's session as confidence on reopening of the Strait of Hormuz in the coming days persists following announcements of an Israel-Lebanon ceasefire and progress in U.S.-Iran talks.

  • Gold Plunges As Investors Parse Robust US Nonfarm Payrolls Data June 05, 2026 13:45 ET

    Reversing gains from yesterday's session, gold prices have plummeted on Friday as economists assessed today's strong non-farm payrolls data, which supported the potential for an interest rate hike by the U.S. Federal Reserve.

  • Gold Set For Weekly Loss On Uncertainty Over US-Iran Peace Deal June 05, 2026 05:47 ET

    Gold prices traded lower on Friday and headed for a weekly loss due to lingering uncertainty over U.S.-Iran peace negotiations and Fed rate hike worries. Spot gold slid 0.2 percent to $4,465.13 an ounce and was down nearly 1.6 percent for the week. U.S. gold futures were down 0.3 percent at $4,490.32...

  • Oil Prices Stabilize After Steep Losses June 05, 2026 05:27 ET

    Oil prices stabilized on Friday after falling sharply in the previous session as a U.S.-brokered ceasefire agreement between Israel and the Lebanese government raised hopes for broader de-escalation in the U.S.-Israeli conflict with Iran. Brent crude futures were down half a percent at $94.46 a barrel,...

  • Crude Oil Plummets After Israel-Lebanon Ceasefire Announcement June 04, 2026 14:35 ET

    Partially reversing three sessions of gains, crude oil prices have plunged on Wednesday as expectations of de-escalation in the Middle East rise following an Israel-Lebanon ceasefire announcement along with rising optimism on a U.S.-Iran deal over the weekend.

  • Gold Advances As Expectations Of An End To Middle East Crisis Increase June 04, 2026 13:40 ET

    Partially offsetting the sharp decline from yesterday's session, gold prices have edged higher on Thursday as optimism on a resolution to the Middle East crisis increased after Israel and Lebanon consented to a ceasefire. In addition, both the U.S. and Iran confirmed that mutual talks to end the war were continuing without a break.

  • Gold Edges Higher As Dollar Dips On Lebanon Ceasefire June 04, 2026 06:03 ET

    Gold edged higher on Thursday after Israel and Lebanon agreed to implement a ceasefire and continue negotiations for a broader peace agreement. Spot gold jumped 0.8 percent to $4,468.73 an ounce while U.S. gold futures for August delivery were up 0.7 percent at $4,496.70. After a fourth round...

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

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