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Oil Falls 1% on Hopes for Middle East De-escalation

Gold rises more than 1% as dollar softens

Gold futures climbed 1.4% in early European trading as the dollar eased and oil prices fell. Traders are also reassessing the inflation and interest-rate outlook.

Gold rises more than 1% as dollar eases

Gold futures advanced in early European trade as the dollar softened and oil prices fell. Traders were also reassessing the inflation and interest-rate outlook.

Bitcoin recovers 0.9% to $82,468

Bitcoin rose 0.9% to $82,468 after touching a two-and-a-half-week low, as risk appetite improved on hopes of diplomatic progress in the Middle East conflict. The move also came as oil prices eased and the dollar softened.

Dollar seen staying in 155-160 yen range

LGT Private Banking Asia said the dollar is likely to remain rangebound against the yen in the near term, largely within 155 to 160 yen. The bank cited intervention risk, Japanese investor repatriation and wide U.S.-Japan rate differentials.

Bitcoin recovers slightly as risk appetite improves

Bitcoin rose 0.9% to $82,468 after touching a two-and-a-half-week low, with the move linked to better risk appetite and a weaker dollar as Middle East diplomatic hopes improved. Thursday’s drop had come amid a stronger dollar and higher Treasury yields.

Deutsche Bank: Oil Falls Below $100 as US-Iran De-Escalation Hopes Improve

Markets finished broadly unchanged despite volatile Middle East headlines, with the S&P 500 flat and the US 10-year yield edging higher. Brent fell 1.1% to close below $100 a barrel for the first time in more than two weeks after reports suggested the gap between the US and Iran may be narrowing. Iran indicated it coul

FTSE 100 falls for 6th straight session on staples weakness

The FTSE 100 edged lower for a sixth consecutive session as consumer staples fell, with Unilever nearly 2% down, British American Tobacco down 1.6%, Diageo down 2.8%, and Tesco off almost 3%.