Western Europe

Asian stocks surged on Tuesday at the end of an impressive quarter, as a resurgent yen fell to its lowest level in four decades and headed towards a fourth consecutive quarterly increase. Japan's Nikkei rose 1.6% and is on track to set a new record for quarterly gains of over 38%. South Korea's KOSPI, which is dominated by chipmakers, rose 3%. However it was on track for a record-breaking second-quarter gain of more than 71%. It has already doubled in the past year. Brent crude futures are trading at $72.49 per barrel, which is the pre-war price. This is even...

Tom Westbrook gives us a look at what the future holds for European and global markets. This session is the first day of buying for the next quarter, as trades settle on the following day. The 'biggest supply shock in history' has barely left a mark on the financial markets as China cut demand, producers and alternative shipping routes filled the shortfall. The oil prices have dropped to the levels they were before the U.S., Israel and Iran conflict began in February. Skirmishes that strain the ceasefire draw little attention. Even the bond markets seem to be changing. The bond...

Asian stocks shook as they approached the end of a stellar quarter on Tuesday. A resurgent Dollar pushed the Japanese yen down to its lowest level in four decades, and was heading for a fourth consecutive quarterly rise. Japan's Nikkei is set to record a record gain of 36% in the second quarter. South Korea's chipmaker driven KOSPI fell 1% but was still on track for a record second quarter rise of more than 65%, having doubled in value year-to date. Brent crude futures are trading at $72.49 per barrel, which is the pre-war price. This is even with the...

Investors tracked the implementation of the interim peace agreement between the U.S. and?Iran, while oil prices climbed?after tit for tat attacks highlighted the risk of escalation. European stocks edged down, but Wall Street led the gains. Technology shares rebounded after last week's saleoff, driven by concerns about AI spending. After several days of strike activity in the Middle East, both sides have accused each other of violating an interim ceasefire after an Iranian projectile struck a cargo ship in the Strait of Hormuz. The oil prices fluctuated, Brent and WTI both up by more than 1% in a single day...

U.S. Stock Futures rose on Monday, after the U.S. agreed to halt recent hostilities with Iran and resume talks. This helped oil prices drop after they spiked earlier due to renewed attacks between both sides. After a sell-off last week triggered by fears about AI spending, European stocks were flat. However, tech was outperforming on both sides. The STOXX 600 index in Europe was not changed, but the S&P 500 futures in the U.S. rose 0.8%. Futures on the Nasdaq, which is a tech-heavy index, rose by 1.1%. This puts the U.S. Index back on track to recover after it...

Crude prices fell?2% Friday, and are headed for steep weekly losses amid eased supply concerns. More oil tankers have left the Strait of Hormuz as more stranded vessels leave. Brent crude futures dropped $1.47 or 1.95% to $73.79 per barrel at 0421 GMT. U.S. West Texas Intermediate was down $1.44 or 2% to $70.48 per barrel. Shipping data from LSEG revealed that Saudi Aramco, the world's largest refiner, resumed oil loading at its Ras-Tanura terminal in?Gulf on Friday after a nearly four-month halt. The data revealed that two Very Large Crude Carrier were loading crude at the terminal, while another...

The oil prices dropped on Friday morning, and are headed for steep losses this week amid easing supply concerns. More oil tankers have left the Strait of Hormuz as stranded vessels leave. Brent crude futures dropped 19 cents or 0.25% to $75.07 per barrel at 0055 GMT. U.S. West Texas Intermediate was down 13 cents or 0.18% to $71.79 per barrel. The benchmark contracts both rose more than 2% after an unknown projectile hit a cargo ship near Oman. This prompted the U.N. shipping agency to suspend their voluntary evacuation scheme. Two U.S. officials said that Iran shot at the...

Global stocks rose Thursday, as chipmakers' strong earnings lifted sentiment. Meanwhile, the dollar hovered at a year-high, with investors still wary of stretched valuations. S&P 500 and Nasdaq, the benchmark indexes on Wall Street, were both up, with industrials, healthcare, and materials stocks leading the way. Micron rose 10% as the memory chipmaker’s strong forecast contributed to its AI-driven rise. Qualcomm gained 4% following its announcement that it expects to generate $15 billion in annual sales through its data center division by 2029. Nasdaq fell, but was dragged lower by the choppy trades among megacap technology companies. Apple fell 5.3%....

These are the most popular?stories from the Wall Street Journal. The Wall Street Journal has not verified these stories and cannot vouch for their accuracy. Donald Trump has ordered the Department of Justice (DOJ) to investigate oil companies that have not reduced gasoline prices in line with the falling crude cost, accusing them of "gouging". The Pentagon has awarded Lockheed Martin a contract for up to 35 billion dollars worth of Thaad interceptors?to replenish U.S. stocks after the 'Iran War. SK Hynix, a memory-chip giant, plans to raise more than $29 billion via a Nasdaq IPO to fund its expansion...

Asian stocks surged on Thursday, after Micron and Qualcomm reported strong earnings. This helped to ease some of the concerns about the AI rally which has driven global stock prices to new highs. Micron announced that its customers have committed $22 billion to its memory chips. Qualcomm expects $15 billion of sales in its data center business by 2029. MSCI's broadest Asia-Pacific share index outside Japan rose 1.3% in early trading. Japan's Nikkei gained over 2%, while South Korea's KOSPI gained 5.5%. Futures on the S&P 500 index rose by 0.5%, while Nasdaq futures increased by?1.8%. Tony Sycamore is a...

The stock market fell on Wednesday. Wall Street's gains were erased, and European shares were little changed. Valuation worries continued to weigh on the sentiment. Meanwhile, the dollar rose to a new high. The technology stocks that were hard hit on Tuesday reversed their early gains and continued to fall ahead of the earnings report from Micron, whose chips are a key component in driving AI. Investors have been hesitant as they priced in at minimum one rate increase from the Federal Reserve for this year. The Dow Jones Industrial Average was higher on Wall Street while the S&P 500,...

On Wednesday, oil prices dropped more than 1%, continuing this week's losses and trading at near four-month highs. This is on signs that more oil tanks stranded in the Gulf will be moving out of the Strait of Hormuz. Brent crude futures were down 78 cents or 1.0% at $76.30 per barrel as of 3:50 GMT. U.S. West Texas Intermediate fell 78 cents or 1.1% to $72.43 a barrel. On Tuesday, both benchmarks fell by around 1% and reached their lowest levels since March. Positive signals from the Persian Gulf are fueling optimism regarding oil flow through the Strait of...

Ferrari and BMW have introduced new models with lightweight, cost-effective aluminum wiring. This is accelerating the shift away from copper as the dominant material for electric wiring ever since the invention two centuries ago of the electric batteries. JPMorgan predicts that the decisions will affect around 2% global copper demand in this year. Tesla and Chinese EV makers have also made similar moves. The structural increase in copper prices could lead to even more copper being switched over to aluminium. This is due to the increased demand for data centres and green energy, as well as the shortage of copper....

Volkswagen CEO Oliver Blume’s plan to close German factories and 'cut up to 100,000 jobs' is more than just a cost-saving measure. It could also be an attempt to change a corporate structure that has held back progress for years. Sources say that Europe's largest?automaker? is considering its biggest-ever restructuring. This includes doubling the planned job cuts, and closing four German factories. It does this to combat tariffs, rising costs, and increasing competition from Asia. The company is also considering plans to separate passenger cars and parts into separate divisions. This could be a test of the limits of the...

Gold prices fell on Monday as recent hostilities in Gulf added to inflation fears and expectations of rate hikes by the U.S. Federal Reserve, putting pressure on the non-yielding material. As of 1053 GMT, spot gold was down by 1.3% to $4,036.19 an ounce. U.S. Gold Futures for August Delivery fell by 1.1%, to $4.051/oz. Bullion experienced a weekly decline of 1.7% on Friday, and is on course for a monthly loss in excess of 10%. A U.S. official announced on Sunday that Iran and the United States had agreed to cease recent hostilities and re-start talks regarding their dispute...

Gold fell on Monday, as recent hostilities in the Gulf increased inflation fears that fueled expectations of a rate hike by the U.S. Federal Reserve. This pushed the non-yielding material down. As of 857 GMT, spot gold was down by 0.9% to $4,049.90 an ounce. U.S. Gold Futures for August Delivery lost 0.8%, to $4.063.50/oz. Bullion experienced a weekly drop of 1.7% on Friday, and was on course for a monthly decline of over 10%. A U.S. official announced on Sunday that Iran and the United States had agreed to cease recent hostilities and resume talks about their dispute over...

Gold prices?reduced on Monday, as the recent U.S. - Iran?strikes in the Gulf pushed up oil prices. Expectations of U.S. Federal Reserve rate hikes also weighed on this non-yielding material. As of 0602 GMT, spot gold was down by 0.8%, at $4,057.77 an ounce. U.S. Gold Futures for August Delivery fell 0.6% to $4072.20. Metal was heading for a fourth consecutive monthly loss of 10.5%. Tim Waterer is the chief market analyst for KCM Trade. He said: "U.S.-Iran were back at it over the weekend with new military strikes reported from both parties. This casts doubt on how long oil...

Gold prices?reduced on Monday, as the recent U.S. - Iran?strikes in the Gulf pushed up oil prices. Expectations of U.S. Federal Reserve rate hikes also weighed on this non-yielding material. As of 0242 GMT, spot gold was down 0.7%, at $4,061.35 an ounce. U.S. Gold Futures for August Delivery lost 0.5%, to $4076.40. Metal was heading for a fourth consecutive monthly loss of 10.4%. Tim Waterer is the chief market analyst for KCM Trade. He said: "U.S.-Iran were back at it over the weekend with new military?strikes from both parties. This casts doubt on how long oil will remain at...

Gold fell on Friday for a fourth consecutive week, due to the resilient dollar and expectations that U.S. interest rates will be raised faster in order to curb inflation. By 0441 GMT, spot gold had fallen 0.6% to $4.002.77 an ounce. U.S. Gold Futures for August Delivery fell 0.7% to $4017.30. Bullion is on course for a 3.8% loss this week after slipping below $4,000 on Wednesday, the lowest level since November 2025. The rapid repricing by the hawkish Fed created a strong bullish movement in the U.S. Dollar, which led to the significant decline in gold prices, said Kelvin...

Gold prices reversed course and edged up on Thursday, after a U.S. reading of inflation?came in largely line with expectations. This eased some concerns about upcoming Federal Reserve rate increases and pushed the dollar and Treasury yields down. As of 11:12 am EDT (1512 GMT), spot gold rose 0.2% to $4,007.65 per ounce after dropping as much as 1% in earlier sessions. U.S. Gold Futures for August Delivery rose?0.3%, to $4.021.00 an oz. "PCE data appears to have been in line with expectations. David Meger is director of metals at High Ridge Futures. He said that it's a big reason...

Gold dropped for a third straight session on Friday, remaining near the more than seven-month high it reached the previous session as the dollar rose on expectations of a rate hike in the United States. Spot gold dropped 0.5%, to $3.982.49 per ounce at 1054 GMT. ?U.S. Gold futures for August deliveries edged down 0.3% to $3.997.60 an oz. The U.S. Dollar hit its strongest level in over 13 months on Thursday. This made greenback-priced metals more expensive for holders of other currencies. CME FedWatch data shows that 66% of the markets believe that the U.S. Federal Reserve is likely...

Gold prices are steady?on Friday?but remain near the seven-month low reached in the previous session as the expectation of interest rate increases in the U.S. weighs on the precious metal. As of 0843 GMT, spot gold remained at $3,999.33 an ounce. U.S. gold futures for August delivery slipped 0.2% to $4,014.90/oz. CME FedWatch data showed that the markets currently believe there is a 66% probability?that rates will be raised by the U.S. Federal Reserve in September. Nikos Tzabouras is a senior market analyst at Jefferies' Tradu.com. ETF outflows and the rotation to equities fueled by the AI boom, are factors...

Two merchant bankers confirmed on Thursday that Vedanta's wholly owned subsidiary is returning to the dollar bond market in nine months with a three tranche issuance. The issuance will primarily be used to fund Vedanta's buyback of high yielding notes. The bankers said that Vedanta Resource Finance II will raise money through bonds with a coupon of 7.25, 7.6250%, and 8.0%. The company didn't respond to an email asking for comment. They asked to remain anonymous because they aren't authorised to talk to the media. The bonds will be guaranteed by the parent company as well as its subsidiaries Twin...

The European Commission announced on Wednesday a series of'measures' to help Europol, the EU law enforcement agency, respond more quickly and effectively to cross-border crime. Europol warned in 2017 that organized crime groups were using AI scams to target their victims. Many governments continue to make it a priority to combat smuggler gangs who illegally transport migrants across Europe. * The Commission stated that 'Europol will create a?shared data space? and a sovereign cloud to enable investigators to more easily collaborate on joint cases. The Commission announced that the agency would also open support offices in EU member states, which...