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  • 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...

  • U.S. Stocks Give Back Ground After Early Rebound But Close Mostly Higher June 08, 2026 16:23 ET

    Stocks showed a strong move back to the upside in early trading on Monday following Friday's sell-off but gave back ground over the course of the sessions. The major averages pulled back well off their highs of the session, with the Dow dipping into negative territory.

  • 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.

  • U.S. Stocks Regaining Ground Following Last Friday's Sell-Off June 08, 2026 11:19 ET

    Stocks have moved mostly higher during trading on Monday, regaining ground following the sell-off seen last Friday. The major averages have all moved back to the upside, with the tech-heavy Nasdaq leading the rebound. Currently, the Nasdaq and S&P 500 are just off their highs of the session, while the narrower Dow is posting a more modest gain.

  • Bargain Hunting May Contribute To Initial Strength On Wall Street June 08, 2026 08:54 ET

    Following the sell-off seen during last Friday's session, stocks may move back to the upside in early trading on Monday. The major index futures are currently pointing to a higher open for the markets, with the S&P 500 futures up by 0.8 percent. Bargain hunting may contribute to initial strength on...

  • Wall Street Aims To Bounce Back June 08, 2026 08:10 ET

    Initial cues from the U.S. Futures Index suggest that Wall Street might open positive on Monday. Asian shares finished lower, while European shares are trading mixed. The dollar scaled higher. In the Asian trading session, oil prices jumped more than 4 percent. Brent crude futures for August...

  • 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...

  • Extended Tech Sell-Off Weighs On Wall Street June 05, 2026 16:13 ET

    After coming under considerable pressure early in the session, stocks showed an even more substantial move to the downside over the course of trading day on Friday. The major averages all moved sharply lower, with the tech-heavy Nasdaq posting a particularly steep loss.

  • 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.

  • Nasdaq Moving Sharply Lower Amid Extended Tech Weakness June 05, 2026 11:06 ET

    Stocks have moved notably lower during trading on Friday, with the major averages all moving to the downside after ending the previous session mixed. The tech-heavy Nasdaq has shown a particularly steep drop. Currently, the major averages are off their worst levels but still firmly negative.

  • U.S. Stocks May Move To The Downside In Early Trading June 05, 2026 08:57 ET

    Stocks may come under pressure in early trading on Friday amid continued weakness in the tech sector. The major index futures are currently pointing to a lower open for the markets, with the S&P 500 futures down by 0.6 percent. Extended weakness among chip stocks may weigh on Wall Street, as reflected...

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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