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Gold Holds Firm Above $4,500 On US-Iran Peace Deal Hopes, Soft US Data

India, May 29 -- Gold held firm above $4,500 an ounce on Friday, the dollar headed for a small weekly loss on improved risk sentiment in markets, and oil prices slipped to a one-month low amid investo... Read More


Anthropic Becomes Most Valuable AI Startup After $65 Bln Funding Round

India, May 29 -- Anthropic has shot to the top of the AI startup scene, becoming the most valuable player in Silicon Valley with its recent $65 billion Series H funding round. This deal values the com... Read More


Oil Headed For Monthly Loss On US-Iran Peace Deal Hopes

India, May 29 -- Oil prices fell sharply on Friday to hit a one-month low and were on track for a sharp monthly loss as signs of easing U.S.-Iran tensions raised hopes of smoother oil flows through th... Read More


European Shares Rise On Hopes Of US-Iran Peace Deal

India, May 29 -- European stocks advanced on Friday, the dollar headed for a small weekly loss on improved risk sentiment in markets, and oil prices slipped to a one-month low after reports emerged th... Read More


U.S. Dollar Slips Amid Improving Prospects Of A U.S.-Iran Peace Deal

India, May 29 -- The U.S. Dollar value ticked lower amid optimism on an early reopening of the Strait of Hormuz and increasing chances of a U.S.-Iran deal though U.S. President Donald Trump laid out s... Read More


Asian Shares Advance On U.S.-Iran Deal Hopes

India, May 29 -- Asian stocks rose broadly on Friday, with optimism around the resonant AI trade, strong earnings from Dell Technologies, and reports of a proposed 60-day ceasefire extension between t... Read More


Canadian Stocks Advance Amid Expectations Of U.S.-Iran Deal

India, May 29 -- Canadian stocks edged higher on Friday as investors welcomed the developments in U.S.-Iran negotiations to end the war. However, today's economic data release, technically indicating ... Read More


Japan Housing Starts Recover 11.4% In April

India, May 29 -- Japan's housing starts grew notably in April, registering their first decline in six months, data from the Ministry of Land, Infrastructure, Transport, and Tourism showed on Friday.Ho... Read More


U.S. Stocks Finish Lackluster Session At New Record Highs

India, May 29 -- Stocks fluctuated over the course of the trading session on Friday but largely maintained a positive bias before ending the day mostly higher. The Dow led the way higher, although all... Read More


Germany Import Price Inflation Strongest Since 2023

India, May 29 -- Germany's import prices increased at the fastest pace since early 2023 in April due to the sharp increases in energy and intermediate goods prices amid the war in the Middle East, dat... Read More