European markets tumbled for a second week as Middle East tensions and inflation fears rattled investors. Industrial and mining stocks led the decline, with energy prices climbing amid concerns over the Strait of Hormuz. Analysts suggest the conflict’s impact on inflation and interest rates might be less severe than feared, but market sentiment remains cautious.
Gold steadies as traders await US jobs data, monitor Mideast tensions
Gold prices held steady as traders navigated heightened tensions in the Middle East and awaited pivotal labor data from the US. This economic data is