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0.447%
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Real-time News
The Euro Stoxx 50 index rose 2%, erasing all losses since the start of the war with Iran.Brazilian central bank official Picchetti: GDP is expected to accelerate again in the first quarter.Gold prices rose more than 1% on Monday, May 25th. The dollar and oil prices fell as markets hoped for a peace agreement to end the war with Iran, easing concerns about rising inflation and persistently high interest rates. Despite both the US and Iran downplaying the possibility of a near-term agreement, market sentiment remained optimistic. UBS analyst Giovanni Staunovo noted, "Currently, financial assets are heavily influenced by oil prices, and gold is no exception." Staunovo further explained, "Lower oil prices are good for gold because the market expects lower oil prices to impact the Federal Reserves monetary policy." He added that this trend is expected to continue in the short term.Sources say the Sizlan oil refinery in Russia halted oil processing following a drone attack on May 21.Two sources said that Caspian Pipeline Alliance (CPC) oil exports rose 5% in April compared to March, reaching 6.314 million tons.