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Anna Szymanski is the Editor-in Charge of Open Interest. On?Monday, oil prices fell and global stocks rose after the United States reached a preliminary agreement with Iran. After more than three months of disruption, the memorandum of agreement should allow the?Strait of Hormuz to reopen. Donald Trump, the U.S. president and Shehbaz Sharif, the Pakistani prime minister announced that a deal was struck late Sunday night. The agreement, which is scheduled to be signed in Switzerland on Friday, leaves many questions unanswered. This may mean that market celebrations are premature. Below, I will go into more detail. Listen to the...

Are you looking for inspiration? Weekend 'Reads' will be published every Friday to provide an overview of what the Open Interest team have been watching, reading and listening to. This week the team is recommending a range of articles, from analyses of the 'World Cup to breakdowns of the 'energy shock. You're reading... MIKE Dolan, ROI Finance & Markets columnist: Gene Frieda, at the think tank Bruegel, considers if the latest energy crisis may require temporary fiscal-monetary cooperation in the U.S. and Europe - which could involve central banks purchasing debt or anchoring borrowing rates. RON BOUSSO is the ROI...

Gregor Stuart Hunter gives us a look at what the future holds for European and global markets. Oil is back in the spotlight and equity markets are struggling to find a footing after the selloff this week triggered by new?blows against the ceasefire?in?the Middle East. U.S. has?launched a new strike against multiple targets within Iran. President Donald Trump has promised even more attacks in the event of no peace agreement. Brent crude rose by 1.7% to $94.64 on Friday after the Islamic Revolutionary Guard Corps of Iran announced that it had targeted U.S. bases in Kuwait and Bahrain and threatened?to...

What's important in U.S. and Global Markets Today By Mike Dolan, Editor at Large, Finance and Markets It's unnerving that the relapse of U.S. Tech stocks on Tuesday occurred as oil prices dropped sharply in the same session. This shows how stock market anxiety extends "well beyond" the energy story. The crude?prices on Wednesday were volatile after the U.S. and?Iran exchanged missile strikes overnight, the most alarming direct interaction between the two sides since the fragile ceasefire was established. Below, I will go into more detail. Check out my most recent column about why the stock exchange is becoming more...

Stock market gains are not the real economy but they offer more than just a warm fuzzy feeling for many families. Stock-based compensation for workers may be a factor that helps bind them'more closely' The U.S. economy has remained stable despite a turbulent post-pandemic period of high inflation, rising interest rates and political and trade uncertainty. Many theories have been put forward, ranging from robust corporate and household finances to tax "cuts" and a three-year old AI investment boom. One of the most popular is that the stock market's resilience has boosted the so-called "wealth effect" and kept the consumption...

These are the most popular?stories from the Wall Street Journal. These?stories have not been?verified' and we cannot?guarantee? their?accuracy. Israel and Iran traded missile strikes Monday, after the U.S. brokered a ceasefire in early April. This was their first direct attack since the truce went into effect. - Nvidia is ?teaming up with South Korea's SK Telecom and Naver ?to build gigawatt-scale artificial-intelligence cloud infrastructure in Asia. - Intesa Sanpaolo said ?it has launched a EUR30.66 billion ($35.33 ?billion) unsolicited cash-and-share ?takeover bid for Monte dei Paschi di Siena. Roche has announced that it has signed an exclusive licensing agreement and...

Oil prices dropped on Friday, as traders grew more confident that a renewed conflict between the U.S.A. and Iran is less likely. Brent crude futures fell $2.08 or 2.18% to $92.95 per barrel at 11:37 CST . Brent closed the previous session 2.84% down. U.S. West Texas Intermediate Crude was $89.93 per barrel, down $3.11 or 3.34% after a loss of 3.1% on Thursday. Phil Flynn is a senior analyst with Price Futures Group. He said that the market does not see an escalation of tensions between the parties. Even though we haven't reached a deal, the market seems to...

What is important in the U.S. and international markets today by Mike Dolan Editor-at-Large of Finance and Markets On Wednesday, the?S&P 500 did not achieve its 10th consecutive daily gain and some clouds are forming in the markets. Broadcom, the sixth largest company in the world by market capitalization, has stumbled despite the frenzy surrounding the hot chip sector. Stocks of the chipmaker dropped by more than 13% overnight after a slight miscalculation in sales and revenue estimates. This?reaction is a sign of the high bar that companies have to meet in order to impress the markets during the AI...

Federal Reserve quarterly "dot-plot" rate forecasts could soon lose the last projected rate reduction, the so called easing dot. The plot itself may disappear altogether. Markets would then have to determine if Kevin Warsh was really the inflation-hawk he claimed to be. It might still be a surprise to some investors if he's right. Before his first policy meeting, the new Fed chairman is busy setting up his stall. He consults his staff and gets ready for his first policy session. The guidance he receives on policy direction is not going to be easy. The three-month-long war in Iran and...

The oil prices fell 'on Thursday' as the Israel-Lebanon ceasefire agreement boosted expectations for a wider deal to end the U.S./Israeli war against 'Iran'. Meanwhile, U.S. House of Representatives passed a resolution to limit President Donald Trump's military powers. Brent futures fell 67 cents or 0.69% to $97.14 a barge by 0015 GMT. U.S. West Texas intermediate CLc1 crude dropped 62 cents or?0.65% to $95.4. After renewed Middle East hostilities, including Iranian attacks against Kuwait and U.S. military strikes near the Strait of Hormuz, both benchmarks gained about 2%. The Republican-led House in the U.S. approved a Resolution on Wednesday...

Wild swings in stock prices could indicate a market that is in its final stages of a speculative frenzy. Wall Street's fear gauge is dozing. It may take some good news to get it moving again. The AI boom is accelerating and attracting more and more tech and chip names from around the world. Even companies with a market cap of more than $200 billion have seen a 20% to 30% one-day increase. Dell's stock soared by 32% after its disastrous results on Friday. Hewlett Packard Enterprise soared 28% Tuesday after its own earnings report. Marvell Technology gained 25 percent...

Tom Westbrook gives us a look at what the markets will be like tomorrow in Europe and globally. AI shares drove Asian equity markets to new records on Wednesday, despite fresh hostilities across the Middle East. Jensen Huang, the CEO of Nvidia and AI kingmaker, has announced that Marvell Technology, a chipmaker with a superhero-sounding name is the next trillion dollar company. This announcement sent its stock price higher than 30%. Market cap of $254bn is far from $1trillion, but peers are closing the gap at a rapid pace. In the past year, SK Hynix and Micron had barely $100...

On Monday, gold prices reached a near-week-high as a tentative peace deal between the?U.S. Oil prices fell as a result of the Iran deal, which also eased concerns about a rate hike by the U.S. Federal Reserve. As of 0857 GMT spot gold was up 2.7% at $4,334.48 an ounce. This is its highest price since June 9. U.S. Gold Futures for August Delivery climbed 2.8%, to $4355.30. U.S. officials and Iranian officials announced that they had reached an agreement to end the war and reopen Strait of Hormuz. This preliminary pact sent oil prices down but left the fate...

Gold rose by more than 2% on Monday, after U.S. officials and Iranian officials announced that they had reached a preliminary agreement to end the war. This lowered oil prices and eased concerns about inflation and rising interest rates. By 0536 GMT the spot gold price had risen 2.5%, to $4,323.29 an ounce, its highest since June 9, and extended gains for a 3rd straight session. U.S. Gold Futures for August Delivery rose?2.5% at $4,343.80. U.S. officials and Iranian officials announced on Sunday that they had reached an agreement on a framework for ending their war, stopping the U.S.'s blockade...

Gold prices rose by more than 2% after U.S. officials and Iranian officials announced that they had reached a preliminary agreement to end the war. This lowered oil prices and eased concerns about inflation and rising interest rates. Gold spot rose 2.5%, to $4,322.87 an ounce, by 0312 GMT. This was its highest level since the 9th of June and extended gains for a 3rd straight session. U.S. Gold Futures for August?delivery increased 2.5% to $4344.80. U.S. officials and Iranian officials announced on Sunday that they had reached an agreement on a framework for ending?their conflict, stopping the U.S.-led blockade...

Singapore is establishing an over-the counter gold clearing system and introducing central bank gold vaulting services. This comes as the city state looks to establish itself as a gold trading hub. Gan Kim Yong, the Deputy Prime Minister, told the Asia-Pacific Precious Metals conference on Monday that the Singapore Exchange will?establish a gold clearing system over-the-counter for Loco Singapore or physical gold in Singapore by the end this year. He said that six banks will be clearing members: DBS, Deutsche Bank ICBC Standard Bank J.P. Morgan OCBC, UOB. Gan stated that the Monetary Authority of Singapore (MAS) will offer central...

Gold prices rose by more than 1% on Monday after U.S. officials and Iranian officials announced they had reached an agreement to end their conflict. This lowered oil prices and eased concerns about inflation and rising interest rates. As of 0010 GMT spot gold rose 1.8% to $4,297.42 an ounce. This is its highest level since the 9th of June. U.S. Gold Futures for August Delivery rose 1.9% to $4,318.10. U.S. officials and Iranian officials announced on Sunday that they had reached an agreement?on the framework of a peace deal to end their conflict, stop?the U.S. Blockade of Iran, and...

Gold prices fell on Friday, and were "on track" to make a loss for the week. This was due to concerns about inflation and possible interest rate increases by the U.S. Federal Reserve. As of 0610 GMT the spot gold price was down by 0.8%, at $4,182.47 an ounce. This was a loss of 3.4% for the week. U.S. Gold Futures for August Delivery rose 2.2% to 4,203.60. Gold dropped to a six-month low before closing at $4,219.69 on Thursday, after U.S. president Donald Trump cancelled planned military strikes?on Iran, and announced an imminent peace agreement. Edward Meir is an...

Gold prices fell on Friday, and were "on track" to make a loss for the week. This was due to concerns about inflation and possible interest rate increases by the U.S. Federal Reserve. As of 0442 GMT spot gold was down by 0.5%, at $4,193.58 an ounce. This was set to be a loss of 3.1% for the week. U.S. Gold Futures for August Delivery rose 2.5% to $ 4,215.30. Gold dropped to a more-than-six month low on Thursday, before closing at $4,219.69 as U.S. president Donald Trump canceled planned military strikes?on Iran, and signalled a forthcoming peace deal. Edward...

Gold prices fell on Friday, and were on track to lose a significant amount of money for the week. This was due to concerns about inflation and possible interest rate increases by the U.S. Federal Reserve. As of 0252 GMT the spot gold price was down 0.5%, at $4,191.17 an ounce. This was a loss of 3.2% for the week. U.S. Gold Futures for August Delivery rose 2.4% to $ 4,212.70. Gold fell to a six-month low before closing at $4,219.69 on Thursday, after U.S. president Donald?Trump cancelled planned military strikes against Iran and announced an imminent peace agreement. Edward...

Investors covered their short positions on Thursday and gold prices rose, rebounding from the?a six-month low. However, concerns about higher inflation rates in the U.S. and rising interest rates have limited gains. Gold spot rose 0.6%, to $4.097.01 an ounce at 836 GMT. It had fallen earlier in the session to its lowest level since November 21, U.S. Gold Futures for August Delivery were down 0.4% to $4,118. Ross Norman, an independent analyst, said that gold is "clearly" oversold right now. It remains to be determined whether or not this is a real recovery of the metal as such or...

Investors?bought? the metal at a bargain price on Thursday as they awaited a crucial U.S. Inflation Report that could influence Federal Reserve policy. Gold spot rose 0.7% by 0741 GMT to $4,103.74 an ounce, after having fallen as low as $4,022.09 per ounce on November 21, earlier in the day. U.S. gold futures for August were down 0.2% to $4,125.10. Matt Simpson, senior analyst at StoneX, said: "With prices hurtling toward $4,000, there's an obvious level of support which could encourage bears to make a quick profit, or tempt battered bulls off the sidelines." The U.S. Dollar Index failed to...

The government is seeking input from the industry regarding a new steel tariff regime. This comes after the users of metals warned that the scheme would be very costly for their businesses. As other countries in the European Union and Britain, they are concerned about the "dumping" high subsidised steel from countries like China. In March, Britain proposed a reduction in its tariff-free allowance for imported steel, and a doubling of the tariff on imports that exceeded this allowance. This new trade measure, which is due to take effect on July 1, was warmly welcomed by British steel producers. The...

Three sources with knowledge of the matter said that Sumitomo Corp provided financing to buyers of its 54% stake in Madagascar’s Ambatovy Nickel operation. This helped the company exit the losing project. Three sources familiar with the matter said that Sumitomo Corp, which invested $3 billion over 20 years in Ambatovy and has incurred $2.5 billion cumulative losses, provided financing to buyers of its 54% stake in Madagascar's Ambatovy nickel operation, smoothing their exit from the loss-making project. Sumitomo funded this transaction, while still retaining certain nickel offtake rights. "It needed someone to solve the problem for them," said one...