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Upstream Oil and Gas Deal Value Plunges Amid Oil Price Uncertainty
The monthly value of upstream oil and gas asset deals fell sharply to $5.55 billion in March from $32 billion in February, while transaction volume remained stable.
Major European Indices Close Lower, US Tech Stocks Rally
European stock indices closed mostly lower on Friday, with the German DAX falling 1.44%, while US tech stocks rallied, led by the Nasdaq up 1.32%.
Gold Holds Firm Amid Peace Deal Uncertainty as Conflict Enters Day 69
Gold prices remain elevated as uncertainty over a peace deal prolongs safe-haven demand, with the conflict now in its 69th day.
US Consumer Sentiment Drops to 48.2, Missing Estimates
The University of Michigan consumer sentiment index fell to 48.2 in May, below the 49.5 estimate, reflecting persistent inflation and tariff concerns.
Canada employment drops 17.7K vs 15.0K estimate; jobless rate rises to 6.9%
Canada's employment fell by 17.7K in April, missing the 15.0K gain estimate, while the unemployment rate climbed to 6.9% from 6.7%, pressuring the Canadian dollar.
US April payrolls surge 115K, beating 62K forecast; unemployment steady at 4.3%
US non-farm payrolls rose 115K in April, well above the 62K consensus, while the unemployment rate held at 4.3% and prior months were revised down slightly.
European markets steady as traders eye US jobs report
European markets traded in a steadier mood on Friday, with the US dollar weakening across the board as traders await the key US jobs report later in the session.
Tencent, Alibaba Face Slowing Growth as AI Costs Mount
Tencent and Alibaba are expected to report slowing revenue growth as rising AI investment costs and intensifying competition in China's AI sector weigh on earnings.
Gold Supported by Lower Yields Even as Oil Risks Linger
Gold prices hold firm as falling bond yields offset lingering concerns over oil-driven inflation, keeping the metal supported near recent highs.
Yen Spikes to 10-Week High, Sparks Intervention Speculation
The Japanese yen surged 1.8% in 30 minutes to a 10-week high above 155 per dollar, reigniting market speculation that Japanese authorities are intervening to support the currency.
Gold Bounce Fails to Mask Persistent Weakness, Sell-Off Risk Looms
Gold's recent bounce is failing to reverse the broader downtrend, with persistent weakness raising the risk of a deeper sell-off.
UK Elections Threaten Pound's Resilient Run as Gilt Yields Surge
The pound has remained resilient despite surging gilt yields and political uncertainty from UK elections, outperforming most G-10 peers since March.
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NowPrice news curates headlines from established financial sources (CoinDesk, Decrypt, Investing.com, MarketWatch, OilPrice, Bloomberg and others). Our editorial team writes concise summaries in 5 languages. We don't republish articles — every story links back to the source.