Strike action at Port Hedland threatens BHP iron ore shipments this weekend
Industrial action at Port Hedland, Australia's largest bulk export port, is set to disrupt BHP ship loading this weekend. Members of three unions are due to begin a 24-hour ship loading ban today, followed by a further 24-hour general stoppage tomorrow. The dispute centres on pay and conditions at BHP's iron ore port operations in Western Australia's Pilbara region.Industry bodies say the stoppage could cost BHP about $100 million in revenue and reduce royalty income for the West Australian government by more than $7 million. The action follows months of tension between the miner and unionised workers, with employees previously... [Continue Reading]
360LiveNews | 07 Aug 2026 23:00 LONDON
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Wall Street closes sharply higher as Nvidia sparks a broad AI-led rally, gold and silver surge, oil slips
Executive summary: U.S. equities finished sharply higher in a broad risk-on session, led by Nvidia’s double-digit jump and strong gains across the Nasdaq, S&P 500 and Russell 2000. Tech, chips and megacap growth names outperformed, while crude oil and natural gas fell. Precious metals also surged, with gold, silver, palladium and platinum all posting outsized gains. The move points to a market that is rewarding AI exposure and easing energy costs at the same time, even as the size of the metal rally suggests a powerful macro and positioning-driven bid. [Continue Reading]
360LiveNews Markets Intelligence | 07 Aug 2026 21:15 LONDON
Europe closes higher as DAX leads, precious metals surge and natural gas slips
Executive summary: European equities finished higher, led by a sharp DAX advance, while precious metals posted outsized gains and natural gas fell. The move came alongside a firmer euro and pound, a softer dollar against the yuan, and a modest pullback in Brent crude, leaving the session defined by risk appetite in stocks and a powerful bid in metals. [Continue Reading]
360LiveNews Markets Intelligence | 07 Aug 2026 16:45 LONDON
Wall Street Opens Sharply Higher as Tech, Metals and Small Caps Lead a Broad Risk Rally
Executive summary: U.S. markets opened with a powerful risk-on tone, led by a surge in Nasdaq-linked technology shares, AI and chip stocks, and a sharp jump in precious metals. The S&P 500, Dow and Russell 2000 all moved higher, while energy shares lagged as WTI crude and natural gas fell. Bitcoin and ether also advanced, adding to the broad-based bid across equities and alternative assets. [Continue Reading]
360LiveNews Markets Intelligence | 07 Aug 2026 14:45 LONDON
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Europe Opens Higher as Metals Surge, DAX Leads, FTSE Flat, and FX Stays Cautious
Executive summary: European markets opened with a clear risk-on tone in continental equities, led by a near 2% jump in the DAX, while the FTSE 100 was essentially unchanged. The standout move was in precious metals, where gold, silver, platinum, and palladium all posted outsized gains. Natural gas fell, Brent was slightly softer, and major FX pairs were modestly lower against the dollar. The pattern points to a market leaning toward defensive commodities and selective equity strength, with Germany’s benchmark setting the pace. [Continue Reading]
360LiveNews Markets Intelligence | 07 Aug 2026 08:15 LONDON
Tokyo closes higher as Nikkei extends rally, gold and silver surge while Korea lags sharply
Executive summary: Tokyo and broader Asia-Pacific trading ended mixed but with clear leadership from Japan and Australia, while South Korea sold off hard. The Nikkei 225 rose +2.9% and the Nikkei 225 ETF gained +3.2%, but the Kospi fell -5.1%. In commodities, gold, silver, platinum and palladium all posted outsized gains, while WTI crude and natural gas weakened. The yen also softened against the dollar, adding another layer to the regional cross-asset picture. [Continue Reading]
360LiveNews Markets Intelligence | 07 Aug 2026 07:45 LONDON
Tokyo Opens Higher as Nikkei Jumps, Gold and Silver Extend a Powerful Rally, Korea Slumps
Executive summary: Asia-Pacific markets opened with a sharp split in risk appetite, Japan and Australia advanced strongly while Korea and Hong Kong weakened. The Nikkei 225 rose +3.1%, the ASX 200 gained +3.3%, and the Nikkei ETF tracked the move higher, while the Kospi fell -4.5% and the Hang Seng slipped -1.3%. In commodities, gold, silver, platinum and palladium surged, while WTI crude and natural gas declined, and the yen weakened further against the dollar. [Continue Reading]
360LiveNews Markets Intelligence | 07 Aug 2026 01:15 LONDON
Wall Street closes sharply higher as megacap tech, AI chips and precious metals power a broad rally
Executive summary: U.S. equities finished sharply higher, led by a powerful surge in megacap technology and AI-linked shares. Amazon, Nvidia, Microsoft and Meta posted double-digit gains, while the Nasdaq Composite and S&P 500 both advanced strongly. Gold, silver, platinum and palladium also rallied, suggesting investors rotated toward both growth and hard assets. Energy lagged, with WTI crude and natural gas lower, while Apple was the standout large-cap decliner. [Continue Reading]
360LiveNews Markets Intelligence | 06 Aug 2026 21:15 LONDON
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Europe closes higher as gold and silver surge, Brent slips, and autos catch a bid
Executive summary: European equities finished broadly higher, led by the CAC 40, DAX and Euro Stoxx 50, while the FTSE 100 edged up more modestly. The session was defined by a sharp rally in precious metals, a drop in Brent crude, and a softer USD/JPY, with global autos also outperforming. The move points to a market still balancing risk appetite with a strong defensive bid in metals and a cooling in energy prices. [Continue Reading]
360LiveNews Markets Intelligence | 06 Aug 2026 16:45 LONDON
Wall Street Opens Higher as Metals Surge, Oil Slips and Tech Leads a Broad Risk-On Move
Executive summary: US stocks opened sharply higher, with the S&P 500, Nasdaq Composite and Dow Jones all posting strong gains in early trade. The move was led by tech, chips and defense shares, while gold, silver, platinum and palladium surged and WTI crude fell. The opening tone points to a market that is embracing lower energy costs, stronger risk appetite and a powerful rotation into growth and cyclical assets. [Continue Reading]
360LiveNews Markets Intelligence | 06 Aug 2026 14:45 LONDON
Europe opens higher as gold, silver and autos surge, while Brent and natural gas slide
Executive summary: European markets opened with a clear risk-on tone in equities and a powerful bid in precious metals, while energy prices softened. The DAX led regional gains, the CAC 40 and Euro Stoxx 50 also advanced, and the FTSE 100 was fractionally lower. Gold, silver, platinum and palladium all posted outsized gains, with global autos also sharply higher. Brent crude and natural gas moved lower, and the dollar was mixed against major peers. [Continue Reading]
360LiveNews Markets Intelligence | 06 Aug 2026 08:15 LONDON
Tokyo and Asia-Pacific close mixed as Nikkei extends gains, gold surges and crude slips
Executive summary: Asia-Pacific trading ended with a split screen, Japan and Australia advanced while Hong Kong weakened, and the biggest moves came from precious metals, autos and Korea. The Nikkei 225 finished up +2.1% at 65,683.26, the ASX 200 rose +3.4% to 9,271.6, and the Hang Seng fell -1.6% to 25,440.83. Gold climbed +6.9% to 4,313.4, WTI crude dropped -6.1% to 75.41, and USD/JPY eased to 157.839, a move that points to a softer dollar backdrop for parts of the region. [Continue Reading]
360LiveNews Markets Intelligence | 06 Aug 2026 07:45 LONDON
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