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Oil rises on supply concerns as Iran conflict widens
Iran launches wave of missiles at Israel US Senate blocks measure to halt American air assaultTraffic through Strait of Hormuz remains halted, production cuts widenBy Enes Tunagur LONDON, March 5 (Reuters) - Oil prices rose on Thursday, extending a rally as the escalating U.S.-Israeli war with Ir...Reuters
2 hours ago
Fed: Rate cut odds repriced with strong data – Deutsche Bank
Deutsche Bank strategists highlight that markets are pricing out early Federal Reserve easing following strong ISM Services and ADP private payrolls data. Analysts note that the probability of a June rate cut has fallen to 39% as skepticism grows that a new Fed Chair can start cutting rates straight
Fxstreet
2 hours ago
Morgan Stanley sees no more ECB easing in 2026 as Mideast crisis lifts inflation risks
March 5 (Reuters) - Morgan Stanley on Thursday became the latest Wall Street brokerage to forecast that the European Central Bank will keep interest rates steady through 2026, citing potential inflation risks due to the conflict in the Middle East.Reuters
2 hours ago
EXCLUSIVE-Euro zone banks face multiple threats from Iran war, ECB supervisor says
FRANKFURT, March 5 (Reuters) - Euro zone banks face only a limited direct impact from the war in Iran, but the larger danger lies in how a weakened economy might feed back into lenders’ balance sheets, a senior European Central Bank supervisor told Reuters.Reuters
2 hours ago
Gold and Silver Stage Deep V-Shaped Reversal as Market Closely Watches Global Central Bank Speeches and Geopolitical Risks
TradingKey - Gold and silver prices witnessed a deep V-shaped reversal during the Asian trading session. Earlier, Bloomberg reports suggested that the Bank of Japan is leaning toward maintaining interest rates at its March policy meeting, while not ruling out the possibility of a rate hike in April. Following this news, gold prices briefly turned negative during intraday trading.
Iran crisis could disrupt supply of key chipmaking materials, South Korea warns
South Korea sources helium, bromine from Middle EastEnergy cost spike may raise chip prices, industry fearsAI data centre plans in Middle East could face setbacksBy Heejin Kim and Hyunjoo Jin SEOUL, March 5 (Reuters) - The U.S.-Israel war with Iran could disrupt supplies of key semiconductor manu...Reuters
4 hours ago
Hang Seng and Hang Seng Tech Index Turn Lower Intraday, Rose Over 1.5% in Morning, May Have Entered Technical Bear Market
TradingKey - Major Hong Kong stock indices fluctuated during Thursday’s Asian trading session. The Hang Seng Index and the Hang Seng Tech Index rose by more than 1.5% in early trading before gains quickly evaporated and turned into losses, signaling that market sentiment remains highly unstable.TradingKey
5 hours ago
Crypto Under Siege? Trump Says Banks Are Trying To Kill It
Coinbase’s chief publicly accused big banks of trying to choke off parts of a law meant to clear the rules for stablecoins and other crypto products. Brian Armstrong said banks were pushing terms that would make the law less useful to crypto firms, a charge that has widened into a political spat thaBitcoinist
6 hours ago
Gold gains on safe-haven demand as Middle East conflict widens
U.S. submarine sinks Iranian warship near Sri LankaWeekly U.S. jobless claims data due later in the dayGold prices to remain volatile due to uncertainty, analyst saysBy Noel John March 5 (Reuters) - Gold prices climbed on Thursday as a widening conflict involving the U.S., Israel and Iran drove iReuters
6 hours ago
Alibaba forms task force to boost AI development after Qwen chief's exit
BEIJING, March 5 (Reuters) - Alibaba Group Holding Ltd 9988.HK said on Thursday it would set up a new task force to accelerate foundation model development, following the resignation of its Qwen AI division head Lin Junyang.Reuters
6 hours ago
WTI holds gains near $75.00 as supply disruptions persist on Middle East war
West Texas Intermediate (WTI) Oil price remains stronger for the third successive session, trading around $74.80 per barrel during the Asian hours on Thursday. Crude Oil prices climb as supply disruptions persist amid ongoing Middle East war.
Fxstreet
10 hours ago
JGB yields climb as investors assess inflation risks from Iran war
TOKYO, March 5 (Reuters) - Japanese government bond (JGB) yields rose on Thursday as investors assessed the potential risk of a pickup in inflation and the outlook for interest rate hikes after the widening Middle East conflict pushed oil prices sharply higher.Reuters
10 hours ago
Japan and South Korea Stocks Rally Strongly: South Korea Kospi Surges Over 12%, Nikkei 225 Jumps 4%
TradingKey - On March 5, stock markets in Tokyo and Seoul opened higher and continued to rise, staging a strong rebound. The Nikkei 225 Index opened up 1.8%, with intraday gains expanding to nearly 4%. The KOSPI in Seoul opened with a 3.1% gain, which subsequently expanded further to 12%.TradingKey
10 hours ago
