Brent crude oil price rose for two consecutive weeks, reaching its highest point since March 16 this year. It ended the week at $109 as investors reflected on the ongoing developments in the Middle East, where the fragile ceasefire between the United States and Iran continued. Donald Trump reviewing the Iran proposal Brent crude oil
Geopolitical tension in the Middle East remains a key driver of gold price. At the onset of the US-Iran war in late February, the precious metal rallied as investors sought safety for their resources. However, the energy shock stemming from the blockage of the all-important Strait of Hormuz has increased inflation concerns while weighing on
Sugar price in New York extended its previous gains; rebounding back above the previously steady support zone of $13.80. Subsequently, the sugar #11 futures are on track to record their first weekly gain after three consecutive weeks of losses. A strong Brazilian Real and increased biofuel demand are supporting the agricultural commodity. Sugar price rebounds
Coffee price edged higher on Thursday as the geopolitical conflict in the Middle East heightens concerns over increased logistics costs. At the same time, below-average rainfall in the leading Arabica coffee-producing country, Brazil, is impacting the supply dynamics. The appreciation of the Brazilian Real is yet another key driver in the global coffee market. The
The semiconductor trade is still being powered by one enormous number as global chip sales are on track to reach $1 trillion in 2026, after a 25.6% jump in 2025. The hyperscalers, led by Microsoft, Alphabet, Amazon and Meta, are projected to spend more than $600 billion this year on AI-related infrastructure. That spending is
Plug Power stock retreated by over 10% on Thursday, erasing the gains made on Wednesday. It crashed to the important support level at $3 as investors started to book profits. Still, it remains much higher than the year-to-date low of $1.72. Focus turns to Plug Power earnings Plug Power stock jumped sharply on Wednesday as
Iron Mountain stock price soared to a record high on Thursday after the company published a strong financial report. It rose to $125.26, up by 78% from its lowest level in April, pushing its market capitalization to over $36 billion. This rally may continue in the foreseeable future as demand continues rising. Iron Mountain’s business
Brent crude oil price continued rising on Wednesday after a new report suggested that President Donald Trump was considering a prolonged blockade in a bid to pressure Iran. It jumped to $110, up sharply from this month’s low of $87. Trump considers prolonged blockade A media report by Bloomberg suggests that President Trump is considering
Silver price remained under pressure this week as focus remained on the ongoing US-Iran conflict and the upcoming Federal Reserve interest rate decision. XAG dropped to $72.90, down modestly from this month’s high of $82. SLV ETF outflows as macro risks remain The ongoing silver price retreat has coincided with the selling by American investors.
Bitcoin price was largely unchanged on Wednesday morning as exchange-traded funds (ETFs) demand waned and the Crypto Fear and Greed Index dropped. BTC was trading at $77,173, a few points below this month’s high of $79,000. Bitcoin price at risk as ETF inflows ease BTC price remained on edge on Wednesday as investors embraced a