Jerry Lin

Jerry Lin

The Latest

  • Oil Falls Below $77 as U.S. Authorizes Iranian Oil Sales and Nuclear Talks Advance
    Global Oil Prices
    Oil prices fell sharply Monday after the Trump administration authorized temporary Iranian oil sales and negotiators from Washington and Tehran reported progress in Switzerland toward a broader agreement aimed at ending hostilities and reviving diplomatic engagement.
  • U.S. Gas Prices Fall Below $4 as Iran Deal Reopens Strait of Hormuz and Oil Slides
    Gas prices
    American drivers are beginning to see relief at the pump after gasoline prices slipped below $4 a gallon nationally, as oil markets continued to retreat following the U.S.-Iran agreement aimed at ending hostilities and reopening the Strait of Hormuz.
  • Brent Crude Falls Below $80 as U.S.-Iran Deal Sparks Oil Selloff and Nuclear Doubts
    Global Oil Prices
    Brent crude fell below $80 a barrel on Tuesday for the first time in months as investors reacted to the newly announced U.S.-Iran agreement, easing fears of a prolonged conflict in the Middle East and a disruption to global energy supplies.
  • Bitcoin Surges Past $65,000 as U.S.-Iran Hormuz Deal Sparks Global Market Rally
    Bitcoin Sinks Below $57K Amid Market Jitters and ETF Outflows as Fed Concerns Mount
    Bitcoin climbed above $65,000 on Monday and approached $66,800 during trading after the United States and Iran reached a preliminary agreement aimed at reopening the Strait of Hormuz, triggering a broader rally across global markets as investors moved back into riskier assets.
  • Oil Prices Fall More Than 5% as Trump Announces Tentative U.S.-Iran Deal to Reopen Strait of Hormuz
    Global Oil Prices
    Global oil markets sharply reversed course Monday after the United States and Iran announced a tentative agreement aimed at ending months of conflict and reopening the Strait of Hormuz, a critical shipping route that carries roughly one-fifth of the world's oil supply. The prospect of restored energy flows immediately eased fears of prolonged supply disruptions, sending crude prices sharply lower.
  • European Central Bank Hikes Rates for First Time Since 2023, Cuts Growth Outlook Amid Energy Shock
    ECB
    The European Central Bank raised interest rates on Thursday for the first time since 2023, citing mounting inflationary pressures linked to the war involving Iran and signaling growing concern that higher energy costs could complicate the euro area's economic outlook.
  • U.S. Inflation Hits 4.2%, Highest Since 2023, as Iran Conflict Clouds Fed Rate Outlook
    US Wholesale Inflation Rises in June, Challenging Fed's Rate Cut Plans
    U.S. inflation accelerated to its highest level in more than three years in May, adding fresh pressure on the Federal Reserve as policymakers confront persistent price growth, resilient labor-market conditions and rising geopolitical risks tied to the conflict with Iran.
  • Oil Surges as U.S. Strikes Iran, BofA Warns S&P 500 Faces Growing Bear Market Risks
    Global Oil Prices
    Global markets turned volatile Tuesday after the United States launched fresh military strikes against Iran, reigniting concerns about Middle East stability and prompting renewed warnings from Bank of America that U.S. equities may be approaching a dangerous inflection point.
  • Bitcoin Death Cross, ETF Outflows and Inflation Risks Fuel Warnings of Drop to $50,000
    Bitcoin
    Bitcoin is facing renewed pressure from institutional selling, weakening technical indicators and shifting investor sentiment, raising concerns among analysts that the world's largest cryptocurrency could test the $50,000 level after losing more than half its value from last year's peak.
  • Eurozone Economy Contracts 0.2% as Ireland’s 12.1% Slump Masks Growth in Germany
     European Union flags fly outside the European Commission headquarters in Brussels, Belgium.
    The eurozone economy unexpectedly contracted in the first quarter of the year, marking its first decline in 12 months and underscoring the growing economic pressures confronting Europe as inflation accelerates and the conflict involving Iran fuels a new energy shock.
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