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Maersk raises profit guidance as new US tariffs fuel demand
American companies rush to stockpile goods ahead of fresh round of levies...
US Equity Markets End Higher Amid Pause in US-Iran Hostilities
US equity indexes were higher on Monday after the US and Iran paused hostilities, followed by gains...
Japanese Yen drifts higher ahead of BoJ rate decision
The USD/JPY pair declines to around 160.15 during the Asian trading hours on Tuesday. The Japanese Yen (JPY) strengthens against the US Dollar (USD) following a deal to reopen the Strait of Hormuz. Al ...
WTI hovers around $80.00 as traders await developments on US-Iran peace talks
West Texas Intermediate (WTI) oil price inches higher after registering 3.7% losses in the previous day, trading around $80.10 per barrel during the Asian hours on Tuesday.
US President Donald Trump declares Iran ‘has agreed to never have a nuclear weapon’
US President Donald Trump said that Iran agreed not to ever have a nuclear weapon, the Guardian reported on Tuesday.
Japan’s Kiuchi: No comment on market expectations of BoJ rate hike
Japan's Economy Minister, Minoru Kiuchi, said on Tuesday that he will participate in today's Bank of Japan (BoJ) meeting. Kiuchi added that he strongly hopes the central bank communicates and collabor ...
Euro edges higher to near 1.1600 on US-Iran Strait of Hormuz deal
The EUR/USD pair trades in positive territory around 1.1590 during the early Asian session on Tuesday. A deal to reopen the Strait of Hormuz spurred a rally in riskier assets such as the Euro (EUR) ag ...
Gold holds gains as US-Iran deal reduces Fed hike expectations
Gold price (XAU/USD) trades with mild gains during the early Asian session on Tuesday. The precious metal extends the rally after the United States (US) and Iran reached a comprehensive framework deal ...
Bank of Japan expected to raise interest rate to 1%, its highest since 1995
The Bank of Japan (BoJ) will announce its monetary policy decision on Tuesday, at around 3:00 GMT.
British Pound Sterling's peace rally round-trips ahead of the Fed
GBP/USD opened the new week with a sharp risk-on pop toward 1.3450 as a US-Iran ceasefire and the reopening of the Strait of Hormuz sent Crude Oil tumbling and lifted risk-sensitive currencies. The en ...
RBA set to keep interest rate steady after three consecutive hikes
The Reserve Bank of Australia (RBA) is widely expected to leave the Official Cash Rate unchanged at 4.35% when it announces its monetary policy decision on Tuesday, marking a pause after three consecu ...
The Bank of Japan can't save the Japanese Yen
USD/JPY is grinding into the Bank of Japan's (BoJ) June meeting above the 160.00 handle, a whisker from multi-decade highs, while the central bank meant to defend the Yen prepares to raise rates to a ...
Australian Dollar advances as Hormuz breakthrough sinks USD and Oil
The Australian Dollar registered gains of over 0.37% on Monday as the US and Iran agreed on a Memorandum of Understanding (MOU) aimed at ending the conflict and setting the stage for talks about Tehra ...
South Korea Export Price Growth (YoY) rose from previous 40.8% to 46.9% in May
South Korea Export Price Growth (YoY) rose from previous 40.8% to 46.9% in May