Oil prices have spiked in recent weeks following the increased tensions in the Middle East.
Source
Asia-Pacific markets set to open lower as U.S. bombing of Iran escalates Middle East crisis
World
CNBC Daily Open: U.S. inflation meets expectations, but that’s not necessarily good
People shop for groceries at a store in New York City, U.S., July 15, 2025. Jeenah Moon | Reuters Expectations are a funny thing. When we say that something meets expectations, we tend to mean it in a positive way, suggesting that a hurdle has been cleared or the result is welcome. But what happens […]
Read More
World
Asia-Pacific markets set to open mixed after Trump’s tariffs on Indonesia
Opening calls from Singapore Good morning from Singapore and happy mid-week. Asia markets are poised to open mixed. Japan’s benchmark Nikkei 225 was set to open marginally lower, with the futures contract in Chicago at 39,660 while its counterpart in Osaka last traded at 39,600, against the index’s last close at 39,678.02. Australia’s S&P/ASX 200 was also set to […]
Read More
World
Central banks are increasingly buying gold from local mines as prices surge
Gold prices fell on Tuesday, retreating from near a four-week high, as a modest rise in the dollar weighed on the metal, although uncertainty over the U.S.-China trade agreement kept investors cautious and limited the bullion’s decline. Sven Hoppe | Picture Alliance | Getty Images Central banks are increasingly looking to bolster their gold reserves. […]
Read More