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Nikkei 225 Plunges 3.85% to 64,024.6 on Tech Rout, June 08
Nikkei 225 drops 3.85% to 64,024.6 on June 8 as chip stocks fall, U.S. rate hike fears mount, and Middle East tensions spike oil prices.
BP Shares Fall 12% to £5.46 as Oil Peace Deal Weighs, June 08
BP shares fall 12% to £5.46 on Iran peace deal expectations. JPMorgan holds 600p target; analyst consensus at 635p. CEO change supports oil focus.
NB Power’s Gas Plant Cost Revealed in Auditor Report, June 08
Auditor general reveals true cost of NB Power’s controversial gas plant. Details on utility spending and financial impact emerge.
MCX Gold Plunges Over Rs 1,600 to Below Rs 1.54 Lakh; Silver Drops Rs 5,500 to Rs 2,43,500/kg
Gold and silver prices started the week with a sharp decline on June 8, 2026. MCX gold futures fell by more than Rs 1,600, slipping below Rs 1.54 lakh per 10 grams, while silver dropped around Rs 5,500 to trade near Rs 2,43,500 per kilogram. The sudden fall has caught the attention of traders and…
Record Resources Targets 5,000 Barrels Daily at Gabon’s Loba Oil Discovery
Record Resources targets 5,000-barrel-per-day well at Gabon’s Loba Oil discovery amid rising oil prices and OPEC+ production increases.
Nasdaq Futures Rise 0.6% as Markets Rebound After Sharp Index Plunge; Oil Prices Jump on Israel-Iran Conflict
On June 8, 2026, Nasdaq futures rose about 0.6% in early trading as global markets attempted a rebound after a sharp selloff last week. The move comes as investors react to renewed geopolitical tensions between Israel and Iran, which pushed crude oil prices higher. Energy markets jumped while risk sentiment stayed fragile. Traders are watching…
ECB Raises Rates to 2.25% on June 12, Two More Hikes Expected by September
ECB raises rates to 2.25% in June. Inflation at 3.2% may trigger two more hikes by September, with first rate cut delayed to mid-2027.
Australian Dollar Hits Two-Month Low as US Jobs Boost Fed Rate Hike Bets, June 08
Australian dollar slides to 70.18 US cents amid strong US jobs data, Fed rate hike bets, and rising global interest rates.
Oil Prices (June 08) Surge 5% as Brent Crude Tops $97 Amid Israel-Iran Airstrike Escalation
Oil prices jumped sharply on June 8, 2026. Brent crude rose close to 5%, briefly moving above $97 per barrel. The trigger was renewed fighting between Israel and Iran, including airstrikes and missile retaliation. We saw global energy markets react within minutes. Traders rushed to price in supply risks from the Middle East. This added…