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us market commentary

  • Gold Prices Little Changed Ahead Of Fed Verdict June 17, 2026 05:48 ET

    Gold prices were little changed on Wednesday after four straight days of gains and ahead of the Federal Reserve's rate decision later in the day. Spot gold was little changed at $4,330.65 an ounce while U.S. gold futures were down 0.1 percent at $4,349.20. The U.S. central bank is widely expected...

  • Oil Prices Little Changed Near Three-month Lows June 17, 2026 05:31 ET

    Oil prices edged up slightly on Wednesday, after having fallen sharply in the previous session on expectations of increased supply. Brent crude futures for August delivery were up 0.2 percent at $79.10 a barrel after tumbling 5 percent on Tuesday amid investor optimism for an end to the U.S.-Iran...

  • Dow Reaches New Record Closing High But Nasdaq, S&P 500 Give Back Ground June 16, 2026 16:20 ET

    Following the strong upward move seen over the past few sessions, the major U.S. stock indexes turned in a mixed performance during trading on Tuesday. While the Nasdaq and the S&P 500 gave back ground, the narrower Dow climbed to a new record closing high.

  • Crude Oil Nosedives On U.S.-Iran Peace Deal, U.S. Permission For Iran Oil Sale June 16, 2026 14:43 ET

    Extending three consecutive sessions of losses, crude oil prices were in freefall on Tuesday with transit disruption concerns fading due to an imminent U.S.-Iran deal.

  • Gold Ticks Lower Amid Profit Taking Ahead Of Tomorrow's Fed Announcement June 16, 2026 13:44 ET

    Partially offsetting the two consecutive sessions of gains, gold prices have edged lower on Tuesday despite a decline in crude oil prices due to the prospects of reopening of the Strait of Hormuz as economists dismissed any chances of a rate cut by the U.S. Federal Reserve in tomorrow's announcement.

  • U.S. Stocks Turning In Lackluster Performance Following Recent Strength June 16, 2026 11:08 ET

    After moving sharply higher over the past few sessions, stocks are turning in a relatively lackluster performance during trading on Tuesday. Despite the choppy trading, the Dow has reached a new record intraday high. Currently, the major averages are turning in a mixed performance.

  • U.S. Stocks May Lack Direction Following Yesterday's Rally June 16, 2026 08:56 ET

    Following the rally seen in the previous session, stocks may show a lack of direction in early trading on Tuesday. The major index futures are currently pointing to a roughly flat open for the markets, with the S&P 500 futures down by less than a tenth of a percent. Traders may take a step back to...

  • Wall Street To Continue In Positive Territory At Open June 16, 2026 08:23 ET

    In hopes that the Strait of Hormuz will reopen, U.S. stock futures edged higher on Tuesday. Early indications suggest Wall Street could open in positive territory. Brent crude futures fell below $83 a barrel, gold traded higher at $4,328 an ounce, while the dollar remained near 10-day lows. As...

  • Gold Inches Higher As Oil Extends Slide On Iran Deal June 16, 2026 06:03 ET

    Gold traded higher on Tuesday, extending its recovery from a six-month low as falling oil prices helped ease worries about inflation and the outlook for interest rates. Spot gold jumped 0.8 percent to $4,342.37 an ounce, while U.S. gold futures were up 0.3 percent at $4,364.51. Brent crude futures...

  • Oil Prices Extend Decline As Supply Concerns Ease June 16, 2026 05:40 ET

    Oil extended declines on Tuesday, after having fallen to a three-month low in the previous session on easing energy supply concerns. Brent crude futures for August delivery fell 2.1 percent to $81.41 a barrel, while WTI crude futures for July delivery were down 2.3 percent at $78.89. U.S. President...

  • News Of U.S.-Iran Deal Sparks Rally On Wall Street June 15, 2026 16:17 ET

    After moving sharply higher early in the session, stocks continued to turn in a strong performance throughout the trading day on Monday. The major averages all showed significant moves to the upside, with the Dow reaching a new record closing high.

  • Crude Oil Nosedives As U.S., Iran Agree To Sign Preliminary Deal On Friday June 15, 2026 14:38 ET

    After ending last Friday with two consecutive sessions of losses, on Monday crude oil prices have gone for a tailspin after the U.S. and Iran announced reaching an agreement to discuss ways to end their mutual conflict. The framework allows immediate resumption of free flow of oil and energy trade via the Strait of Hormuz.

  • Gold Soars After U.S., Iran Confirm Reaching An Agreement To End Hostilities June 15, 2026 13:39 ET

    Extending Friday's surge, gold prices have soared on Monday following a slump in crude oil prices after the U.S. and Iran announced a deal to end the gulf war and reopen the Strait of Hormuz. The official signing is set to take place on Friday in Switzerland.

  • U.S. Stocks Rally On News Of U.S.-Iran Deal June 15, 2026 11:03 ET

    Stocks have moved sharply higher during trading on Monday, extending the strong upward move seen over the two previous sessions. The major averages have all shown significant moves to the upside, with the Nasdaq and S&P 500 climbing further off last Wednesday's one-month lows. Currently, the major averages are just off their highs of the session.

  • U.S. Stocks Likely To See Early Rally On U.S.-Iran Deal June 15, 2026 08:51 ET

    Stocks are likely to move to the upside in early trading on Monday, extending the strong upward move seen over the two previous sessions. The major index futures are currently pointing to a sharply higher open for the markets, with the S&P 500 futures up by 1.2 percent. The upward momentum on Wall...

Global Economics Weekly Update - Jun 08-12, 2026

June 12, 2026 17:14 ET
Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.