Asian Stocks Mixed as Oil Prices Rise; Nikkei 225 Gains While Inflation Stays Below Bank of Japan Target
Asian markets traded unevenly on Friday, with most indices slipping as rising oil prices weighed on sentiment. The surge in energy costs comes amid stalled US–Iran negotiations and continued disruptions in the Strait of Hormuz, keeping investors cautious across the region. Japanese equities showed a mixed performance. The Nikkei 225 managed to edge higher as […]
Gold Holds Near $4,700 as Strong US Dollar and Geopolitical Tensions Limit Upside
Gold is holding steady just below the $4,700 level during the early European session, showing some strength despite ongoing pressure. The main reason behind this weakness is a stronger US Dollar, which has been gaining for three consecutive days and continues to weigh on the metal. Ongoing tensions between the United States and Iran—particularly around […]
US Dollar Index Price Forecast: Focus on 98.50 Resistance Zone
The US Dollar Index (DXY), which tracks the strength of the US Dollar against six major currencies, is showing slight recovery after minor losses in the previous session. It is currently trading near 98.10 during early European trading hours on Tuesday. Looking at the daily chart, the index is still moving within a descending channel, […]
US Dollar Index edges higher above 98.00 despite improving risk sentiment
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against a basket of six major currencies, has snapped its losing streak that began on April 6. It is currently trading near 98.20 during Thursday’s European session. The US Dollar is finding modest support as traders remain cautious about the ongoing […]
WTI Oil rebounds toward $89.00 as US enforces Hormuz blockade
Oil prices climbed during the Asian session after the US military announced a complete blockade of the Strait of Hormuz on Tuesday. The move tightened supply concerns and cast doubt over the next round of negotiations with Iran. As a result, US benchmark West Texas Intermediate (WTI) surged by around $4, recovering earlier losses and […]
Asian Stocks Rally on US-Iran Optimism, Nikkei 225 Leads Gains
Asian stock markets posted strong gains on Tuesday, supported by improving sentiment after comments from United States (US) President Donald Trump and Vice President JD Vance suggested that recent talks with Iran were not entirely unsuccessful. This boosted demand for risk-sensitive assets across the region. At the time of writing, Japan’s Nikkei 225 surged more […]