🔍Market Summery

Our detailed market analysis is being prepared and will be published here soon — stay tuned for insights and trends.

Markets Cheer The Dip In Oil Prices, Drop In Bond Yields

Markets Cheer The Dip In Oil Prices, Drop In Bond Yields

CANBERA (dpa-AFX) - Easing crude oil prices and cooling bond yields abetted a rebound in global markets ahead of the interest rate decisions by the Federal Reserve, Bank of England as well as Bank of Japan.Nevertheless, markets overwhelmingly expect the Federal Reserve to hike interest rates by a qu…

Cryptos Firm While Oil Roils Markets

Cryptos Firm While Oil Roils Markets

WASHINGTON (dpa-AFX) - Sentiment in cryptocurrency market remains strong while global markets react to the surge in crude oil prices and its likely impact on the Federal Reserve's monetary policy decision due next week. Bitcoin has gained almost a percent in the past 24 hours.Amidst persisting hosti…

Markets Grapple With Oil's Surge Above $100

Markets Grapple With Oil's Surge Above $100

CANBERA (dpa-AFX) - Persisting hostilities in the Middle East lifted crude oil prices further, pushing bond yields higher and dampening global market sentiment. The energy price shock renewed concerns about a rate hike by the Federal Reserve, ahead of key data releases from the U.S. related to produ…

Markets Slide As Oil, Yields Spike Further

Markets Slide As Oil, Yields Spike Further

BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - The unabated surge in crude oil prices triggered by the resumption of fighting between the U.S. and Iran continued to impact sentiment in global markets. Sovereign bond yields hardened further as fears of inflationary pressures goading central banks to raise inte…

Weak Sentiment In Global Markets

Weak Sentiment In Global Markets

WASHINGTON (dpa-AFX) - Sentiment in global markets remains dampened by the deteriorating macroeconomic as well as geopolitical scenario. The looming U.S. sanctions against Iran, the potential spike in crude oil prices as well as the likely impact on inflation weighed heavily on market sentiment. A v…

Investors Lose Heavily To 'Ponzi-style' Crypto Scheme In UK

Investors Lose Heavily To 'Ponzi-style' Crypto Scheme In UK

LONDON (dpa-AFX) - UK's Insolvency Service has warned potential crypto investors to check if crypto investment firms are registered, after customers lost hundreds of thousands of pounds to a 'Ponzi-style' scheme.Key Coin Assets Ltd. promised investors it could guarantee returns of up to 100 percent,…

Bitcoin Rises Despite Spike In Bond Yields, Crude Oil

Bitcoin Rises Despite Spike In Bond Yields, Crude Oil

WASHINGTON (dpa-AFX) - Bitcoin is holding on to overnight gains of close to a percent even as sentiment in crypto markets remains mixed amidst a surge in bond yields and a spike in crude oil prices globally. Sentiment in Wall Street has been impacted by the massive spike in long-dated bond yields. A…

U.S.-Iran Peace Deal Hopes Lift Crypto Market Sentiment

U.S.-Iran Peace Deal Hopes Lift Crypto Market Sentiment

WASHINGTON (dpa-AFX) - Sentiment in crypto markets improved as markets reacted to hints of a U.S.-Iran peace deal. The plunge in crude oil prices that followed, the inflows to U.S.-listed Bitcoin Spot ETF products, as well as weak labor market data from the U.S. helped lift crypto market sentiment.B…

Markets Gain Pricing In U.S.-Iran Peace Hopes

Markets Gain Pricing In U.S.-Iran Peace Hopes

CANBERA (dpa-AFX) - Wall Street welcomed August on a positive note as sentiment in global markets improved amidst easing geopolitical tensions in the Middle East. Markets cheered the massive plunge in crude oil prices and the easing concerns about fuel-led inflation.Wall Street Futures are trading w…

Crude Oil Price Surge Drags Cryptos Further

Crude Oil Price Surge Drags Cryptos Further

WASHINGTON (dpa-AFX) - Aggregate cryptocurrency market capitalization declined further during the past 24 hours amidst a surge in crude oil prices. While Brent crude oil futures climbed to a day-high of $100.87, WTI crude oil futures touched a high of $91.90, as disruptions to oil transit triggered …

Geopolitics, Earnings Sway Market Sentiment

Geopolitics, Earnings Sway Market Sentiment

CANBERA (dpa-AFX) - The escalating geopolitical conflict between the U.S. and Iran overwhelmed markets as crude oil prices spiked further in response to the disruption in key transit routes. Fading hopes of a diplomatic resolution dampened sentiment, stoking inflation fears and pushing bond yields h…