US President Donald Trump accused Iran of doing a "very poor job" of handling oil through the Strait of Hormuz and is saying it was "not the agreement we have,” BBC reported late Thursday. Trump further stated that Iran "better not be" charging ships to pass through the key waterway.
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The National Bureau of Statistics of China (NBS) will publish its data for March at 01.30 GMT. The Consumer Price Index (CPI) is expected to show a rise of 1.2% YoY in March, compared to 1.3% in February.
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Key PointsMedicare currently only covers GLP-1s for the treatment of certain medical conditions.Beginning in July, it will cover GLP-1s for weight loss.Next year, it'll be up to ea
Gold price (XAU/USD) trades with mild losses near $4,760 during the early Asian session on Friday. The precious metal declines as market uncertainty persists regarding the fragility of the US-Iran ceasefire and reports of continued Middle East conflict, including the closure of the Strait of Hormuz.
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Bitcoin is back above $70,000 after a bruising first quarter, but there are still questions as to whether the asset has already established its cycle low or is still moving through a bottoming phase.
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GBP/USD added 0.31% on Thursday, pushing into the mid-1.3400s as the US-Iran ceasefire continued to weigh on the US Dollar. But the rally is starting to feel laboured.
Intel (NASDAQ:INTC), which designs and manufactures microprocessors and related technologies, closed Thursday at $61.72, up 4.70%. The stock moved higher as investors reacted to an
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AUD/USD rose 0.56% on Thursday, extending its winning streak to four sessions as the ceasefire-driven risk rally continued to lift the Aussie Dollar.
Eos Energy Enterprises (NASDAQ:EOSE), designer and manufacturer of zinc-based energy storage solutions, closed Thursday at $5.95, up 29.63%. The stock jumped after delivering preli