Silver rose for a second session on Monday, but the rebound looked fragile as Brent crude climbed above $90 a barrel and the US-Iran conflict moved closer to a broader regional war. Spot silver traded near $56.85 an ounce in early dealing, up about 1.8%, after moving between $55.40 and $57.49. The gain reflected some
Ryanair reported first-quarter earnings that fell short of analyst expectations, as lower ticket prices and higher fuel costs weighed on profitability despite continued growth in passenger traffic. The airline also warned that average summer fares are expected to remain modestly below last year’s levels amid uncertainty linked to the conflict in the Middle East. Lower
CORE has fallen to around $0.024, trading between $0.02387 and $0.02449 over the past 24 hours, after a $1.7 million exploit targeting the Allbridge Core cross-chain bridge weighed on market sentiment. CoinGecko data showed the token was down about 1.4% over the past day, extending losses to 0.9% over the past week, 5.6% over two
Cardano (ADA) is down by more than 2% on Monday and is currently trading at nearly $0.161. The coin is struggling to extend last week’s recovery despite the successful activation of the Van Rossem hard fork, one of the network’s most significant protocol upgrades. The update introduced Protocol Version 11, bringing lower smart contract execution
Brent and the West Texas Intermediate (WTI) crude oil benchmarks jumped on Monday, reaching their highest levels since June 12 as the crisis in the Middle East escalated. Even so, Professor John Mearsheimer has warned that this rally could accelerate in the near term. John Mearsheimer warns on crude oil prices Mearsheimer, a distinguished professor
The FTSE 100 Index has held steady in the past few days, reaching its highest point since July 8. It has jumped by nearly 10% from its lowest point in March this year. This article highlights some of the top catalysts for the Footsie Index this week. FTSE 100 Index to react to US-Iran war
European shares traded lower on Monday as escalating tensions between the United States and Iran pushed oil prices higher, raising concerns about inflation ahead of another corporate earnings season. Investors also turned their attention to upcoming earnings from major US technology companies and the European Central Bank’s policy meeting later this week. Geopolitical tensions pressure
Pepe (PEPE) is trading higher on Monday, extending the recovery that has been building over the past three weeks as both institutional-sized investors and retail traders showed renewed interest in the meme coin. On-chain data indicates that whale wallets have steadily increased their exposure to PEPE, while the amount of tokens held on cryptocurrency exchanges
QuantumScape stock (NASDAQ: QS) faces a potentially sharp earnings reaction on Wednesday as investors test whether the solid-state battery developer can turn technical progress into a credible manufacturing and commercialisation plan. Options traders are pricing a move of roughly 12% to 15% in either direction after the second-quarter report, reflecting the uncertainty surrounding a company
The US Dollar traded in a narrow range at the start of the week, while major currency pairs showed limited movement. Meanwhile, oil prices advanced amid the absence of any signs of de-escalation in the Middle East crisis. The US Dollar (USD) Index fluctuated below the 101.00 level after posting a two-day rebound at the