A fragile ceasefire between the United States and Iran faced an early test after Tehran halted oil tanker traffic through the Strait of Hormuz, raising fresh concerns about global energy supply and market stability.The disruption came just hours after both sides agreed to reopen the critical shipping route as part…
Minutes from the Federal Reserve’s March meeting showed policymakers still expect to lower interest rates this year, even as uncertainty surrounding the Iran war and tariffs clouds the economic outlook.The record of the March 17–18 Federal Open Market Committee (FOMC) meeting highlighted a delicate balancing act, with officials weighing risks…
At 6:12 on a Tuesday morning, Trump posted that a whole civilisation would die that night. By 8 p.m., he had announced a ceasefire. By Wednesday’s open, the Nasdaq was up 3.5%, oil had shed 16%, South Korea’s Kospi had soared 6.9%, and emerging markets were posting their best single…
Emerging and developing economies in Europe and Central Asia will experience slower growth in 2026 due to the effects of higher energy prices brought on by the ongoing conflict in Iran, said a World Bank report released on Wednesday.This surge has increased operating costs for businesses and raised fuel expenses…
Markets have swung from relief to caution as the Iran ceasefire shows fresh signs of strain, keeping oil, equities and policy nerves on edge. Washington is trying to lock in a diplomatic opening, but the Strait of Hormuz remains only partly usable, regional violence has not fully stopped, and investors…
At 6:12 on a Tuesday morning, Trump posted that a whole civilisation would die that night. By 8 p.m., he had announced a ceasefire. By Wednesday’s open, the Nasdaq was up 3.5%, oil had shed 16%, South Korea’s Kospi had soared 6.9%, and emerging markets were posting their best single…
Boeing stock price has rebounded in the past few weeks, moving from a low of $187 to $210. This trend may continue as the company faces some major catalysts, including potential orders from Iran and China. Potential orders from Iran and China Boeing stock may become a major beneficiary of the potential…
Avis Budget’s stock price has gone through a short squeeze recently, making it one of the top gainers on Wall Street. It has jumped in the last five consecutive days and moved to its highest point since April 2022.Avis Budget stock chart | Source: TradingViewAvis Budget stock has experienced a…
Microsoft stock has crashed into a technical bear market after plunging from $550 to the current $372. This retreat has coincided with the ongoing sell-off in software stocks and as concerns about its massive capital expenditure continues. So, will the stock rebound now that it has become a bargain?Microsoft stock…
The Hang Seng Index staged a cautious recovery this week as the United States and Iran announced a ceasefire that reduced the ongoing tensions. It formed a gap up to $25,887, its highest point since March 18 and 6.8% above the lowest level in March.Hang Seng Index rises as geopolitical…