Oil prices edged up Tuesday amid supply concerns after Iran refuted U.S. claims of talks to end the Gulf conflict. Brent crude rose to $101 and WTI to $89.71. Despite a temporary halt in threatened attacks, the Strait of Hormuz remains a concern, with potential for prices to rebound significantly if disruptions persist.Read More
The dollar experienced steep losses against major currencies as President Trump delayed a bombing of Iran, easing fears of a prolonged Middle East conflict. While Trump cited productive conversations, Iran denied direct negotiations, leaving markets uncertain. Oil prices edged higher amid ongoing supply concerns, and the yen remained steady following Japan’s inflation data.Read More
10 large-cap stocks have signaled weakness after slipping below their key 200-day moving averages, indicating potential bearish momentum in the market.Read More
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