Economy



Asian markets rise on ceasefire hopes amid US Iran tensions

Asian stocks and emerging market currencies edged higher on Monday as reports of a possible temporary ceasefire between the United States and Iran lifted investor sentiment, despite an approaching deadline set by US President Donald Trump for Tehran to reopen the Strait of Hormuz. Trading volumes remained......

NY Fed reports rising supply chain pressures in March

Supply chain pressures in the United States increased in March, reaching levels not seen since early 2023, according to data released by the Federal Reserve Bank of New York. The bank’s latest Global Supply Chain Pressure Index (GSCPI) rose to 0.68 in March, up from 0.54 in February. A reading......

US service sector slows in March as input costs hit 3.5-years high

Growth in the U.S. services sector slowed in March, while the costs businesses pay for inputs surged to levels not seen in over three years, signaling rising inflation pressures amid ongoing geopolitical tensions in the Middle East. The Institute for Supply Management (ISM) reported that its non-manufacturing......

Goldman Sachs upgrades Netflix to buy, citing advertising growth and buyback potential

Goldman Sachs upgraded Netflix from Neutral to Buy on Monday, raising its 12-month price target to $120 from $100, with analyst Eric Sheridan citing a "more favorable risk-reward setup" ahead of the streaming giant's first-quarter 2026 earnings on April 16. The new target implies upside......

South Korea risks Hormuz oil runs as Asia's energy crisis deepens into sixth week

Six weeks into the war between the United States, Israel, and Iran with no ceasefire in sight, Asia, the destination for roughly 90 percent of the oil and 83 percent of the liquefied natural gas that normally transits the Strait of Hormuz, is bearing the heaviest economic toll of a conflict it did not......

US crude premiums hit record highs as Asia and Europe scramble for supply

The six-week-old war between the United States, Israel, and Iran has produced the worst oil supply crisis in modern history, drawing warnings from economists and international institutions that the world faces a growing risk of stagflation and recession if the Strait of Hormuz remains closed. The International......

Bitcoin jumps 3% on Iran ceasefire proposal as short squeeze hits crypto market

Bitcoin climbed approximately 3 percent to trade near $69,200 on Monday, lifted by reports of a last-minute diplomatic initiative between the United States and Iran and a wave of forced liquidations that punished bearish traders across crypto markets. The rally, which pushed the leading cryptocurrency......

Oil prices ease on ceasefire talks as global energy crisis deepens

The war in Iran has triggered a cascading energy crisis from Southeast Asia to Europe, with governments imposing fuel rationing, grounding aircraft, and shutting institutions as the closure of the Strait of Hormuz chokes off roughly one fifth of the world's oil and gas supply. Goldman Sachs has described......

Mazda halts Middle East vehicle production until May as Hormuz closure hits Japanese automakers

Mazda Motor announced Monday it has suspended domestic production of vehicles destined for the Middle East until May, becoming the latest Japanese automaker to scale back operations as the Strait of Hormuz remains effectively closed to commercial shipping, according to the Nikkei. The company had already......

Gulf sovereign funds near $24 billion deal to back Paramount's Warner acquisition

Paramount Skydance is close to securing $24 billion in equity commitments from three Gulf sovereign wealth funds to help finance its $81 billion acquisition of Warner Bros. Discovery, the Wall Street Journal reported Sunday, in a deal that would end weeks of uncertainty over whether Middle Eastern capital......

Oil prices hover around $110 amid Middle East tensions

Oil prices settled around $110 per barrel on Monday as markets remain tense over the Middle East conflict, where Donald Trump has threatened critical Iranian infrastructure, while potential negotiations are being monitored. In Tokyo, one of the few exchanges open on this Easter Monday, the stock market......

Bitcoin hovers near $67,000 as fear index hits 10 and whale selling intensifies

Bitcoin oscillated around 67,000 dollars on Friday as extreme fear gripped crypto markets, with heavy short positioning on derivatives platforms creating what analysts describe as a potentially volatile inflection point. The largest cryptocurrency opened at approximately 66,888 dollars on April 3, down......

Polymarket prices 77% chance of $120 oil after U.S. fighter jet downed over Iran

The downing of a U.S. F-15E Strike Eagle over Iran on Friday sent shockwaves through energy markets, with bettors on prediction platform Polymarket pushing the implied probability of WTI crude reaching 120 dollars per barrel this month to 77 percent, up from just 36 percent two days earlier. The abrupt......

This website, walaw.press, uses cookies to provide you with a good browsing experience and to continuously improve our services. By continuing to browse this site, you agree to the use of these cookies.