Energy news

Energy commodities are essential fuels that power modern society. Explore key energy sources like crude oil, natural gas, coal, and emerging renewable energies. Learn about their global impact on the economy and environment.

Markets Today: Trade Deal Deadline, OPEC + Hike. DAX Hovers at Key Confluence Area

Amidst trade deadline & OPEC+ hike, markets open mixed. Trump's tariffs loom. DAX at key confluence. Get daily insights on European and Asian market movements, oil prices, and currency shifts, plus a look at the DAX index.

07-07-2025 09:15 GMT by Zain Vawda

Asia mid-session: Tariff uncertainty weighs on Asia equities; Gold, Oil Slip as US dollar rebounds

Asia Pacific stocks traded mostly lower as markets digested mixed signals from the US on upcoming reciprocal tariffs set to expire on 9 July. The Nikkei 225 and Hang Seng Index slipped, while Singapore’s STI hit a fresh all-time high. The US dollar rebounded, pressuring the yen and Aussie. Gold fell below its 50-day moving average, and crude oil extended losses after OPEC+ announced a larger-than-expected production increase for August.

07-07-2025 07:00 GMT by Kelvin Wong