XAU/USD News
AirAsia discusses Malaysian government support as fuel cost pressures rise
Surging jet fuel cost pressures are drawing increased attention to the financial position of AirAsia, Southeast Asia's largest low-cost airline. Discussions with Malaysian government officials ...
Italy open to further oil stock releases as Europe lags on IEA pledges
With diesel shortages pushing up energy prices across Europe, Italy says it has already delivered its full share under the International Energy Agency's March coordinated oil stock release plan. ...
Nigeria states gain from higher revenues as World Bank flags spending priorities
Nigeria’s economy is strengthening in 2026 as higher oil prices, macroeconomic reforms and improved public finances lift growth and state revenues. A new Nigeria Development Update also shows ...
Kalshi short-duration gold markets surpass Ether in fee generation
Kalshi’s push into ultra-short financial event contracts is broadening beyond crypto, with 15-minute gold markets quickly emerging as a significant revenue contributor after their August launch. ...
France seeks G7 action on fuel markets as diesel stock release talks widen
Amid rising pressure over fuel prices, France is pushing for coordinated action among major economies on crude and refined product markets. President Emmanuel Macron is preparing a call with G7 ...
EU discusses diesel stock release plan amid U.S. pressure on fuel supplies
European Union governments are weighing emergency fuel supply steps as diesel prices surge and pressure builds for coordinated market intervention. The discussions center on a French proposal that ...
Sunrise Energy Metals plans U.S. redomicile and Nasdaq listing amid scandium project funding push
Australia's Sunrise Energy Metals is moving to place its parent company in the U.S. as it looks to deepen access to capital for its critical minerals strategy. The planned restructure keeps the ...
EU weighs diesel stock release as U.S. export ban threat raises supply risks
European governments are in urgent talks over whether to release diesel reserves as pressure from Washington adds to strain in refined fuel markets. The discussions come as the Trump ...
Quezon City jeepney drivers’ earnings slump as diesel price surge outpaces aid
Fuel price shocks are sharply cutting income for public utility jeepney drivers in Quezon City, with average daily take-home pay dropping below Metro Manila’s minimum wage. A congressional study ...
Germany inflation rises in September as energy costs climb
Price pressures in Germany intensify in September as higher energy costs linked to the Iran war push inflation above market expectations. The reading adds to signs of renewed inflation across ...
Oil market forecasts rise as Gulf disruption keeps 2026 Brent near $90
Persistent disruption to Gulf crude flows is pushing analysts to lift oil price expectations for 2026 despite continued concern about slower demand growth. A September survey of 30 economists and ...
Tungsten Eagle Development wins CSE listing for renamed MAGA shares
Tungsten Eagle Development Corp. is entering public trading on the Canadian Securities Exchange after its shares were approved for listing under the symbol MAGA. The company previously traded as ...
Gold retreats as Treasury yields above 5% pressure safe-haven demand
Rising U.S. bond yields are undercutting gold's traditional appeal even as the conflict involving Iran keeps geopolitical risks elevated. The metal falls below key support levels this week as ...
Philippines suspends LPG, kerosene excise tax as oil prices rise
The Philippine government is reimposing temporary fuel tax relief after global oil prices climbed above the threshold set under law. The suspension cuts costs for household LPG and kerosene use, ...
Philippines airlines raise fuel surcharges for Oct. 1-15 flights
Air travelers in the Philippines face higher ancillary costs at the start of October as regulators allow carriers to lift passenger fuel surcharges for domestic and international routes. The ...
Japan signals shift away from Middle East oil dependence
Japan remains one of the world’s most import-dependent major energy consumers, forcing Tokyo to review its supply strategy after each major market shock. The latest signal points to a push to ...
U.S. Senate set to vote on Iran war resolution as fuel costs climb
With midterm elections less than six weeks away, the Senate is preparing another vote on a measure aimed at ending U.S. military hostilities with Iran. The push comes as elevated gasoline and ...
UK faces diesel supply risk as pressure mounts over possible U.S. export curbs
Rising fuel costs are intensifying political pressure on the UK government as Washington weighs limits on diesel exports to contain domestic prices before November's midterm elections. The U.S. ...
Russia's Vostok Oil starts Arctic exports as Rosneft targets long-term output growth
Russia is opening a new export route from its far north as it seeks fresh drivers of crude production growth after years of sanctions and project delays. The first commercial shipments from ...
U.S. markets price in four Fed hikes by June 2027 as bitcoin drops below $83,000
Rising expectations for tighter U.S. monetary policy are pressuring global markets as Treasury yields climb and the dollar strengthens. Bitcoin has fallen below $83,000 while gold also retreats, ...
U.S. energy secretary rejects diesel export ban as fuel price risks rise
Record diesel prices in the U.S. and Europe are intensifying pressure on policymakers as wars in Iran and Ukraine disrupt fuel markets. U.S. Energy Secretary Chris Wright says blocking diesel ...
