September silver futures fell 2.6% from Friday’s close amid geopolitical risks and potential Fed rate pressures. Silver September futures opened at $59.71 per ounce on July 13, down 0.8% from Friday’s $60.17 close, before sliding further to $58.60 by 8:33 a.m. ET. The decl
Trump says US will take over Strait of Hormuz The US plans to take control of the Strait of Hormuz. Trump stated that Iran has nothing and the US will get paid for guarding the Strait. The US had a deal with Iran which they broke, according to Trump. This move may l
Wall Street banks expect surging trading and advisory fees driven by SpaceX IPO and geopolitical volatility to boost second-quarter earnings. JPMorgan Chase and Bank of America are expected to report near-record trading revenue in the second quarter, fueled by heightened m
Middle East conflict and pressure on chips challenge investors The re-intensification of the Middle East war initially roiled the markets but as the session progressed, oil has pulled back and equities have stabilized. August WTI briefly traded above $75 and is now around
(Corrects paragraph 1 to say inflation breached target for the first time in 17 months, not 16 months) By Shubham Batra NEW DELHI, July 13 India's retail inflation accelerated to 4.38% in June, government data showed on Monday, breaching the central bank's 4% target for the...</p
Iran’s IRGC warns U.S. interference in the Strait of Hormuz may trigger broader disruptions to global oil and gas supplies. Iran’s Islamic Revolutionary Guard Corps (IRGC) stated Monday that continued U.S. military actions in the Strait of Hormuz could escalate into larger
Oil prices climb nearly 4% after US-Iran clashes and reports of Strait of Hormuz closure by Tehran. Brent crude surged above $79 per barrel, rising nearly 4% as geopolitical tensions in the Gulf intensified. The move follows renewed attacks between the US and Iran, alongsi
Barclays starts coverage on MSTR with an Overweight rating and a $130 price target amid sector reset focus on growth stocks. Barclays initiated coverage on Strategy Inc (NASDAQ:MSTR) with an Overweight rating and a $130 price target on July 8. The move follows a broader se
Mediation efforts between US and Iran continue Mediation efforts between the US and Iran are ongoing, with Qatar, Oman, and Pakistan involved. The discussions are focused on nuclear and uranium negotiations. Oil prices have moved off earlier highs, with WTI
Tehran suspends commitments under the memorandum of understanding, citing repeated US violations, heightening geopolitical risks for energy markets. Iran’s foreign ministry announced it will no longer adhere to the memorandum of understanding, accusing the US of repeated b
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