Gold steadied near a more than one-week high on Tuesday as investors waited for details of the preliminary US-Iran agreement that has cooled oil prices and revived hopes that inflation pressure may ease. Spot gold was little changed around $4,315 an ounce after Monday’s sharp rally, while August futures slipped. The metal remains supported by
The US dollar held near 10-day lows on Tuesday as traders weighed the relief from a preliminary US-Iran peace agreement against a heavy week of central-bank decisions. The deal has helped calm oil markets and improve risk appetite, but currency moves have been more measured than the rally in stocks and bonds. Investors are still
Ethereum has climbed more than 4% over the past week, recovering from a recent slide as corporate treasury buying, whale accumulation, and improving geopolitical sentiment have combined to lift demand for the second-largest cryptocurrency. According to Bitmine Immersion Technologies, the company recently completed a $273.8 million preferred equity raise and used $136 million of the
While a US–Iran deal to reopen the Strait of Hormuz may ease geopolitical tensions, auto repair shops in Tokyo and dealerships in Detroit are unlikely to see quick relief from shortages of motor oil, paint thinner, and other petroleum‑derived products. Industry executives warn that supply chains remain snarled, and smaller garages are being squeezed hardest,
Morgan Stanley has lowered its oil price forecasts for the remainder of 2026, citing expectations of improved supply flows following the US-Iran agreement to reopen the Strait of Hormuz. The bank said the deal has eased geopolitical risk premiums and could gradually normalise global trade routes disrupted by months of conflict, according to a Bloomberg
Middle Eastern crude markets weakened on Tuesday as optimism grew over a potential reopening of the Strait of Hormuz following progress in the US-Iran agreement. Traders are increasingly pricing in a faster return of blocked oil supplies from the Persian Gulf, leading to a noticeable easing of the war premium that had dominated the market
Stellar has climbed more than 14% over the past 24 hours, making XLM the best-performing asset among the top 100 cryptocurrencies by market capitalization as fresh ecosystem developments have drawn renewed buying interest. According to CoinGecko data, XLM traded near $0.22 on June 16 after surging from levels below $0.19 earlier in the week. The
The DAX Index jumped this week, reaching a high of €25,000, its highest point since June 2nd. This rebound happened as crude oil prices retreated after the US deal with Iran. Still, the index faces a major risk as hedge funds continue shorting German car companies. Hedge funds are shorting German automakers Top hedge funds
Alibaba is moving deeper into robots and AI agents, marking a sharp turn in the artificial intelligence race that was dominated only recently by chatbots. The Chinese e-commerce and cloud giant on Tuesday unveiled its first full suite of AI models built for robots, a move that signals where large technology companies now see the
Silver prices edged lower on Tuesday as traders took profit after a sharp relief rally driven by the US-Iran peace framework and lower oil prices. XAG/USD traded near $69.85 in early European dealing, retreating from a weekly high as attention shifted from geopolitics to the Federal Reserve’s policy decision on Wednesday. The pullback was measured