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NIFTY50 Plunges 0.92% on Asia Selloff, Oil Spike, June 08
NIFTY50 drops 0.92% on June 8 as Asian markets crash, crude oil spikes to $96, and geopolitical tensions in West Asia weigh on Indian equities.
High-Yield Bonds Rally as Rates Settle: BHYIX, BRHYX Gain on June 08
High-yield bond funds BHYIX and BRHYX stabilize as 10-year Treasurys hold above 4.5%. Meyka rates both C+ with 12-month targets near $7.66 and $7.61.
Apple Share Price Hits $307.34 Ahead of WWDC 2026 as AAPL Stock Nears $316.94 52-Week High
Apple Inc is once again in focus as its share price moves around $307.34, moving closer to its 52-week high of $316.94. The market is watching closely as investors position themselves ahead of major product and AI announcements. A big catalyst is the upcoming WWDC 2026. This event is expected to shape Apple’s next-generation software…
China Solar Panel Industry Faces Massive Losses as Prices Collapse, June 08
China’s top 5 solar panel makers lost 160 billion yen in Q1 2026 as industry shifts to battery storage and AI amid export tax changes.
Oil Prices Spike: WTI Hits $92.64, and Brent Reaches $95.42 Amid War Risks
Oil Prices moved sharply higher on June 8 as Iran and Israel exchanged fresh strikes, testing the fragile Hormuz ceasefire. West Texas Intermediate (WTI) crude rose 2.32% to $92.64 per barrel, while Brent crude gained 2.5% to $95.42 per barrel. The rally followed renewed conflict involving Israel, Lebanon, and Iran, increasing fears of a prolonged…
Ukraine Strikes Crimea Oil Depots as Diplomacy Talks Begin, June 08
Ukraine launches drone attacks on Russian oil depots in Crimea while Selenskyj meets Western leaders in London to discuss ending the war.
Oil Prices Surge 3% as Iran-Israel Strikes Test Hormuz Ceasefire, June 08
Oil prices surge 3% to $96.05 Brent amid Iran-Israel strikes and 14-week Strait of Hormuz closure, triggering OPEC+ supply crisis response.
Australia’s Data Centre Boom Eclipses Mining Surge, June 08
Australia’s data centre investment boom in NSW and Victoria now exceeds the 2010s mining boom, injecting $300 billion as AI demand surges.
Reeves Backs UK Growth Plan With £470m Industrial Fund, June 08
Reeves announces £350m chemicals fund and £120m ceramics support amid UK manufacturing energy cost crisis and political uncertainty.