Global Markets on Edge: Stocks, Oil, Gold, and the Power Players Behind the Moves
Global markets are navigating a week of heightened volatility, with geopolitical tensions and central bank uncertainty keeping traders on edge. Wall Street opened slightly higher amid strong earnings from banks and tech firms, but fragile sentiment lingers as U.S.-China trade tensions resurface. Asian markets showed mixed performance, with Japan, South Korea, and Taiwan gaining while China and Hong Kong lagged.
Oil prices rallied briefly after former U.S. President Trump claimed India would halt Russian crude purchases—a move that could reshape energy flows. Meanwhile, cryptocurrencies remain sidelined in mainstream financial coverage despite their growing correlation with macro trends. Bitcoin and ethereum continue to trade as risk proxies, though institutional adoption narratives are gaining traction behind the scenes.