US Stocks Slide as Middle East Conflict Intensifies
Tuesday’s steep decline in U.S. stocks was precipitated by concerns regarding a significant escalation of tensions in the Middle East. This event resulted in the reversal of some of the
Middle East Tension
The Week Ahead: Key Market Drivers to Watch
The latest US jobs report and a speech by Fed Chair Jerome Powell may provide investors with some indications regarding the magnitude of the next Federal Reserve rate cut this
Escalating Conflict: Israel Strikes Lebanon Following Hezbollah Leader’s Death
On Sunday, Israel conducted numerous strikes in Lebanon, escalating the pressure on Hezbollah with additional attacks. The country also announced the death of another senior figure, following the significant blow
Oil Prices Fall as Demand Uncertainty Offsets Libya Supply Concerns
Although losses were limited by supply concerns in the Middle East and Libya, oil prices dropped by about 1% on Wednesday as a result of ongoing worries about Chinese demand
Geopolitical Risk No Longer Priced Into Oil Markets
Wells Fargo analysts noted in a note dated Monday that despite increased geopolitical tensions in the Middle East, especially in the aftermath of major violent episodes involving Hamas and Hezbollah
Gold Prices Soar to Record High of $2500 as Middle East Tensions Rise, Technical Outlook
The US economic statistics that raised hopes for the recovery caused gold prices to drop off yesterday, falling to $2432, while geopolitical concern in the Middle East took center stage
Oil Prices Slip After Unexpected Jump in US Crude Inventories
On Wednesday, oil prices somewhat decreased as concerns that a broader Middle East conflict may jeopardise output in one of the world’s key locations for petroleum production subsided while U.S.