Today: 23 May 2026

Oil prices tumble 5% as Trump flags Iran talks, risk premium drains fast

Oil prices tumble 5% as Trump flags Iran talks, risk premium drains fast

Oil prices fell about 5% Monday after Donald Trump said Iran was “seriously talking” with the U.S., easing supply fears. Brent crude dropped $3.63 to $65.69 a barrel, while U.S. crude fell $3.60 to $61.61. OPEC+ kept March output steady and received updated compensation plans from Iraq, UAE, Kazakhstan, and Oman. Traders are watching China’s demand and upcoming U.S. inventory and jobs data.
2 February 2026
Mortgage rates today: 30-year fixed holds near 6.16% as Treasury yields slip — what moves next

Mortgage rates today: 30-year fixed holds near 6.16% as Treasury yields slip — what moves next

The average 30-year fixed mortgage rate held at 6.16% Monday, with the 15-year at 5.62%, according to Bankrate. The 10-year Treasury yield slipped to 4.22% in early trading. Mortgage-backed securities, tracked by BlackRock’s iShares MBS ETF, edged down 0.1% to $95.69. Analysts say rates are unlikely to fall meaningfully without a drop in inflation or a rise in unemployment.
2 February 2026
Bitcoin price today slips below $78,000 as Warsh Fed pick stokes liquidity jitters

Bitcoin price today slips below $78,000 as Warsh Fed pick stokes liquidity jitters

Bitcoin fell nearly 1% to $77,582 early Monday, while Ether dropped 4.6% to $2,279 as traders reacted to Donald Trump’s nomination of Kevin Warsh for Fed chair. CME Group raised margin requirements on metal futures after a sell-off, intensifying liquidity concerns. U.S. spot bitcoin ETFs saw $510 million in outflows last week. Focus now shifts to Friday’s U.S. jobs report for signals on Fed policy.
Silver price slides again as margin hikes bite; Warsh Fed pick keeps metals on back foot

Silver price slides again as margin hikes bite; Warsh Fed pick keeps metals on back foot

Spot silver fell 3.4% to $81.65 an ounce by 1008 GMT Monday, extending losses after a record 27% plunge Friday. CME hiked margin requirements, forcing traders to liquidate positions as the dollar strengthened. Silver has dropped about a third since last week’s all-time high. The market is bracing for more volatility ahead of Friday’s U.S. jobs report.
UK stock market today: FTSE 100 steadies as miners tumble in metals rout, BoE looms

UK stock market today: FTSE 100 steadies as miners tumble in metals rout, BoE looms

FTSE 100 edged up 0.1% by late morning as defensive shares offset sharp losses in mining stocks. Commodity prices tumbled after President Trump nominated Kevin Warsh as Fed chair, with gold down 5% and silver over 7%. FTSE 250 fell 0.4%, led by declines in Auction Technology Group and Ocado. UK manufacturing PMI rose to 51.8 in January, signaling growth.
Gold price slides again as CME margin hikes spur forced selling, Warsh Fed pick boosts dollar

Gold price slides again as CME margin hikes spur forced selling, Warsh Fed pick boosts dollar

Gold fell 3.2% to $4,708.19 an ounce by 1008 GMT Monday, extending a sharp decline after last week’s record high. Margin hikes and a stronger dollar triggered heavy selling, with spot silver down 3.4% and U.S. gold futures off 0.3%. Commodities and stocks also dropped after President Trump named Kevin Warsh as the next Fed chair. Gold has lost about $900 since Jan. 29.
Dow Jones futures slide before U.S. open as silver rout and Fed-chair jitters bite

Dow Jones futures slide before U.S. open as silver rout and Fed-chair jitters bite

Dow futures fell 0.4% and Nasdaq 100 futures dropped 1.1% in early trading Monday, while gold slid 3.2% and silver lost 3.4% after the CME raised margin requirements. Oil prices tumbled over 5% as Brent crude hit $65.69 a barrel. The moves followed a stronger dollar and President Trump’s pick of Kevin Warsh as Fed chair. Traders awaited U.S. factory data due later in the day.
2 February 2026
Australia stock market sinks as ASX 200 hit by gold rout — what to watch before the RBA call

Australia stock market sinks as ASX 200 hit by gold rout — what to watch before the RBA call

Australian shares fell sharply Monday, with the S&P/ASX 200 down 1.02% to 8,778.6, its lowest close since January 12, as gold miners led declines. Spot gold slid 3.2% to $4,708 an ounce amid forced selling, while BHP dropped 2.3% and Santos lost 3.3%. The Aussie dollar slipped to $0.6924. Investors await Tuesday’s Reserve Bank of Australia rate decision.
Nippon India Silver ETF price today: SILVERBEES slides as silver swings shake bullion ETFs

Nippon India Silver ETF price today: SILVERBEES slides as silver swings shake bullion ETFs

Nippon India Silver ETF fell 12.9% to 219.94 rupees on the NSE Monday, tracking a sharp drop in global silver prices. Trading volume surged to 321.7 million units. Indian exchanges adjusted price bands for bullion ETFs after volatile sessions, while the CME raised margin requirements for precious-metal futures. Traders await the U.S. jobs report for direction.
2 February 2026
Fresnillo share price slides again as gold and silver crash drags miners down

Fresnillo share price slides again as gold and silver crash drags miners down

Fresnillo shares fell 3.7% to 3,564 pence in early London trading after gold and silver prices plunged, with spot silver down 12% and gold off 6.1% by 0726 GMT. The CME Group raised futures margin requirements, triggering forced liquidations. Mining stocks dragged the FTSE 100 lower, with Fresnillo, Antofagasta, Anglo American, and Glencore all retreating.
Verizon stock dips in premarket as $25 billion buyback and 2026 outlook come into focus

Verizon stock dips in premarket as $25 billion buyback and 2026 outlook come into focus

Verizon shares fell 0.7% to $44.22 in U.S. premarket trading Monday after a rally last week. The company reported Q4 adjusted earnings of $1.09 per share on $36.4 billion in revenue and added 616,000 postpaid phone subscribers. Investors are watching whether subscriber growth can continue without hurting margins. New MVNO deals with Comcast and Charter may affect wholesale revenue.
2 February 2026
Roblox stock price in focus: Egypt block adds heat as Google AI rattles gaming names

Roblox stock price in focus: Egypt block adds heat as Google AI rattles gaming names

Roblox shares fell 13% to $65.76 Friday after Google launched “Project Genie,” sparking a selloff in videogame stocks. Egypt’s media regulator announced a ban on Roblox over child safety concerns, though enforcement is pending. Roblox will report Q4 and full-year 2025 earnings after markets close Feb. 5. Dutch authorities also opened an investigation into Roblox’s protections for minors.
Gold price today: India rates stay low after two-day crash as silver rout spills into markets

Gold price today: India rates stay low after two-day crash as silver rout spills into markets

Spot gold in Mumbai dropped to ₹1,60,710 per 10 grams Monday after plunging up to 7.5% during Asian trading. Silver fell as much as 14.2%. Dealers reported physical gold premiums in India spiked to $121 an ounce late last week, the highest since 2014, as buyers rushed to secure metal before the Union Budget. Local gold prices had hit a record ₹1,80,779 per 10 grams on Jan. 29.
2 February 2026

Stock Market Today

  • SpaceX Revenue Dependency on U.S. Government Highlights Business Fragility Ahead of 2026 IPO
    May 23, 2026, 8:00 AM EDT. SpaceX's pre-IPO filings reveal that 20.9% of its projected 2025 revenue-about $4 billion-comes from the U.S. government, a single volatile customer. This concentration poses significant contract risk, as government agreements can be terminated or altered with little notice, impacted by shifting political priorities and federal spending cuts amid a $1.77 trillion deficit. Compliance requirements add further vulnerability, with potential penalties or exclusion from future contracts. While SpaceX boasts a $28.4 billion backlog and growth drivers like Starlink and reusable launches, the heavy reliance on federal contracts injects fragility into its business model ahead of its $75 billion Nasdaq IPO planned for June 2026.

Latest articles

Gold Price Near $4,830 Faces Monday Test After Hormuz Reversal Revives Safe-Haven Risk

Gold Watch: $4,500 Level in Focus for Next Move

23 May 2026
Gold ended Friday at $4,508.50 an ounce, down 0.74% for the day and logging a second weekly drop as renewed Fed rate-hike bets and oil-driven inflation fears weighed on prices. Spot silver fell 1.52%, platinum 2.49%, and palladium 2.98%. U.S. markets face a holiday-shortened week ahead, with Memorial Day closures on Monday. Physical demand in India and China remained weak amid Fed anxiety and a strong dollar.
XRP ETFs Hit $1.53 Billion as Bitwise Pulls Ahead, but the Chart Has a Catch

XRP in Focus After Weekend Pullback; Traders Watch $1.30 as ETF Flows Stay Strong

23 May 2026
XRP dropped to $1.31 Saturday, down 3.9% in 24 hours and 7.4% over seven days, underperforming the broader crypto market. Trading volume reached $2.16 billion, with a market value near $81 billion. U.S. equity and listed crypto products will remain closed for Memorial Day on May 25. The SEC’s case against Ripple Labs ended in August 2025 with a $125 million fine and an injunction on institutional XRP sales.
Bitcoin Price Today Slips Below $70,000 as CPI Looms and Iran Risks Keep Traders on Edge

Bitcoin could test $75,000 as markets look ahead to Wall Street reopening

23 May 2026
Bitcoin fell to $74,594 on Saturday, down 3.3% after U.S. spot bitcoin ETFs saw five straight days of outflows. Ether dropped 4.3% to $2,026.64. The decline came as U.S. markets closed for the holiday weekend and bond yields hit multi-year highs. Coinbase shares closed Friday at $184.99, down 4.4%.
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