Brent crude oil price ended the week lower as investors anticipated an Iranian response to US proposals to end the ten-week war. It dropped to $100, down sharply from this month’s high of over $115 a barrel. Other global benchmarks like the West Texas Intermediate (WTI) and Russian urals have also retreated. Iran is in
The Venice Token price has continued its strong surge this month and is now trading at its all-time high. VVV token was trading at $15.2 on Sunday, a few points below the record high of $16.65. It remains nearly 1,500% above its lowest level in December last year. Venice Token price rallying amid growing usage
The Nikkei 225 Index pulled back from its record highs as crude oil prices jumped amid new hostilities between the US and Iran. It dropped to ¥62,452 on Friday, a few points below the year-to-date high of ¥63,000. Still, technicals suggest that the blue-chip index has more gains to go in the near term. Japan
The FTSE 100 Index remained in a narrow range this week as traders watched the developments in the Middle East, where odds of a deal between the US and Iran rose. It also wavered because of the weak HSBC earnings. This article looks at some of the top FTSE 100 and FTSE 250 shares to
The USD/MXN exchange rate has come under pressure in the past few months as top emerging market currencies continued to beat the US dollar. It dropped to 17.30 on Friday, down from the year-to-date high of 18.14 as focus shifted to the US non-farm payrolls data and May 7th’s Mexico interest rates decision. US non-farm
The IAG share price retreated today, May 8, and then pared back some of those losses after the company published its results, which provided more color on how the ongoing war has affected its business. It retreated to 372p and then rebounded to 390p. IAG flags Iran war risks International Consolidated Airlines Group, the parent
Plug Power stock price has recoiled in the past few days, moving from the year-to-date high of $3.45 to the current $3.13. This pullback has ended a relatively strong rally that pushed it from a low of $1.73 to the year-to-date high of $3.42. Plug Power to publish its earnings on May 11 Plug Power,
Tilray Brands stock price crashed to its lowest level since August last year despite the recent US policy change that opened the door to its expansion in the country. TLRY dropped to $5.6, much lower than the year-to-date high of nearly $10. This article explores some of the top reasons why the stock has plunged.
Japanese stocks went parabolic on Thursday, helped by the soaring Softbank stock price and the rising possibility of a deal between the United States and Iran. The Nikkei 225 Index jumped to 62,836, bringing the year-to-date gains to 16.67%. Why Japan stocks are pumping today The Nikkei 225 Index and Topix are in a strong
The S&P 500 Index futures continued soaring today, May 7, reaching their all-time high, despite the existing geopolitical tensions in the Middle East. It rose to $7,390, up sharply from the year-to-date low of $6,352. Here’s the top reasons why the index is in a strong bull run. SPX Index chart | Source: TradingView S&P