The dollar index (DXY00) rose to a 10.5-month high on Monday and ended with a gain of 0.40%. The dollar gained on Monday on safe-haven support amid concerns about a protracted war in Iran. President Trump told the Financial Times on Sunday that he wants to “take Iran’s oil” and could seize the Kharg Island…
-Michael M. Santiago/Getty Images Oil prices extended gains Monday on signs that the war in Iran could last longer. Hopes for a ceasefire have faded with the arrival of more US troops in the Middle East and the entry of Yemen’s Houthis into the war. Meanwhile, the Journal reported that President Trump is considering a…
Wall Street is detecting signs that the “TACO” playbook is underway. “Trump always chickens out” – a reference to the president’s habit of backtracking on policies that shake markets – resurfaced last week when he extended a pause in attacks on Iran’s energy facilities to allow time for negotiations aimed at reopening the Strait of…
Stocks continued to fall Thursday afternoon after President Trump declared that the current market turmoil is not as severe as he expected. “Frankly, I thought oil prices would go up more and I thought the stock market would go down more,” Trump said at a Cabinet meeting Thursday. “(The market reaction) hasn’t been as bad…
The Army-Navy game usually occurs at a time when there are no other viewing options. The Commander in Chief wants it to continue like this. Through the Washington Postpresident trump signed an executive order Friday was intended to keep the annual game between the two major U.S. military academies in an exclusive window. Advertisement “No…
Gasoline prices rose closer to the $4 threshold on Friday as oil futures rose amid an escalation in the Middle East conflict. The national average at the pump rose above $3.91 per gallon to hit its highest level since 2022, according to AAA data. Prices have increased steadily over the past few weeks, rising $0.98…
April gold futures (GC=F) opened at $4,996.20 per troy ounce on Monday, down 1.3% from Friday’s closing price of $5,061.70. The price of gold fell in early trading, but rose in the early morning. High oil prices remain the focus for gold traders. Brent crude oil (BZ=F) rose above $100 a barrel over the weekend…
President Trump and his administration maintain every day that the United States and Israel’s campaign against Iran is succeeding, and it is doing so in every way possible. Except in markets and gas stations across America, where motorists seem stunned when they realize this. Retail gas prices have risen almost 30%. from the beginning of…
April Nymex Natural Gas (NGJ26) closed Monday down -0.066 (-2.07%), recovering some of last Friday’s rally of +6.09%. April natural gas prices rose to a five-week high on Monday, but then retreated and closed the day lower. Natural gas prices initially rose on Monday as crude oil soared more than 10% after Israel bombed 30…
Bitcoin (BTC-USD) rose 1% on Tuesday, extending the previous session’s gains after President Trump hinted that the US-Israel war against Iran could end soon. The token moved above $71,000 as the stock market rose and oil prices fell after Trump said the conflict with Iran could end “very soon.” Wall Street has been watching oil…
