Developed Economies

Gold Holds Above US$5,100 as Iran Conflict Sustains Safe-Haven Demand

Gold is trading above $5,100 per ounce on Thursday as investors continue to seek the protection of safe-haven assets amid the ongoing US-Iran military...

Oil Tops US$84 as China Halts Fuel Exports and Hormuz Traffic Stalls

Global oil prices surged to their highest level since July 2024 on Thursday as China ordered its largest refiners to suspend fuel exports and...

Bitcoin Hits One-Month High as Iran Fears Ease and Trump Backs Crypto

Bitcoin surged 8% to a one-month high of $73,777 on Thursday as easing concerns about the impact of the Iran conflict on global energy...

Oil Tops $84 and South Korea’s KOSPI Sheds $430bn in Iran War Selloff

Global financial markets deepened their losses on Wednesday as the US-Israeli military campaign against Iran entered its fourth day, with oil hitting a 19-month...

Brent Crude Near US$84 as Hormuz Shutdown and Iraq Cuts Bite

Oil prices extended their sharp rally on Wednesday, with Brent crude futures trading near US$84 per barrel, their highest level since July 2024, as...

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