Become a logicalchat Member

Latest Post

Your story starts here. Sign up and let's connect in ways that truly matter!

HomeLatest NewsGlobal NewsGlobal Market Watch: Gold's Surge, Trump Media's Struggles, and Crude Price Instability...

Global Market Watch: Gold’s Surge, Trump Media’s Struggles, and Crude Price Instability Shape World Street Trends.

Global Market developments are gold reach an all-time high, while Trump Media stock suffered a humiliating defeat due to weak financials.

Global Market:-Gold hits all-time high, Trump Media stock falls due to weak financials, and crude prices rise after Syria missile strike.

Gold on record highs

Gold prices surged to an all-time high on April 1, driven by US Federal Reserve interest rate reduction expectations and the metal’s status as a safe haven asset, reaching $2,240.04 per ounce.

Oil Rally

Crude oil futures surged on the first day of Q2, following a missile strike on the Iranian consulate in Damascus, Syria, resulting in casualties and a senior Revolutionary Guard commander.

Trump Media slips

Trump Media’s stock fell by 21.47 percent on April 1, following a net loss of $58.2 million in 2023, largely due to interest expenses, compared to a net profit of $50.5 million in 2022.

Xiaomi’s New Ev

Xiaomi’s shares surged 15% in Hong Kong market after launching its SU7 electric car, priced $4,000 lower than Tesla’s Model 3, and boasting an extended driving range.

AKP faces defeat

Turkey’s ruling AKP faces a significant defeat in local elections, marking his most electoral setback since assuming power two decades ago, with opposition winning key cities.

Al Jazeera Issue

Netanyahu threatens to shut down Al Jazeera in Israel after a parliament law grants him the authority to close foreign broadcast networks deemed a security risk, intensifying a dispute with Al Jazeera.

First AI Deal

The US and UK have signed the world’s first AI deal, combining technical expertise and information to test and evaluate risks associated with emerging AI models.

Must read book about investing – check here

Wall Street Update

Related Post