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Kazakhstan Lands $12 Billion in EU Deals to Expand Energy and Trade Ties
Kazakh President Kassym-Jomart Tokayev’s visit to the EU’s headquarters in Brussels has yielded agre...
Update: US Equity Indexes Mixed as Tech Bulls Whistle Past Micron's Blockbuster Results, Inflation Surges to Three-Year High
(Updates with index/price moves, macroeconomic data, and company/political news from the first parag...
WTI rebounds while traders monitor fresh developments in the Strait of Hormuz
West Texas Intermediate (WTI) crude Oil edges higher on Thursday, snapping a three-day losing streak...
Euro declines to near 1.1450 amid concerns over progress for US-Iran peace deal
The EUR/USD pair drifts lower to around 1.1460 during the early Asian session on Monday. Concerns about progress for the US-Iran peace deal and expectations of higher US interest rates boost a safe-ha ...
Japan’s Katayama says ready to respond appropriately to FX moves at any time as needed
Japan’s Finance Minister Satsuki Katayama said on Monday that the officials are ready to respond appropriately to the currency moves at any time as needed. Katayama declines to comment on specific exc ...
Gold edges lower to near $4,150 on US–Iran peace uncertainty, hawkish Fed signals
Gold price (XAU/USD) trades with mild losses around $4,155 during the early Asian session on Monday. Traders continue to assess the developments surrounding the US-Iran peace talks in Switzerland.
WTI rises nearly 2% on Strait of Hormuz closure, shaky peace talks
West Texas Intermediate (WTI) – the US oil benchmark – opened Monday’s Asian trading with an over $1 bullish gap, retesting the $78 mark, nearly up 2% in early dealings.
British Pound declines to near 1.3200 as UK PM Starmer expected to resign
The GBP/USD pair faces some selling pressure near 1.3210 during the early Asian trading hours on Monday, pressured by UK political uncertainty.
Japanese Yen struggles near 161.50 amid strained US-Iran peace talks
The Japanese Yen (JPY) is facing fresh headwinds and looking to resume its downside against the US Dollar (USD) as a new week kicks off in Asia on Monday.
Australian Dollar softens to near 0.7000 as US-Iran talks stall
The AUD/USD pair declines to around 0.7005 during the early Asian session on Monday. The Australian Dollar (AUD) weakens against the US Dollar (USD) amid risk-off sentiment. Traders will closely monit ...
United Kingdom PM Starmer weighs political future, set to announce exit plan on Monday
Citing a source with knowledge of the matter, Reuters reported on Monday that the United Kingdom (UK) Prime Minister (PM) Keir Starmer was reassessing his political future on Sunday after rival Andy B ...
US-Iran updates: Iranian negotiators suspend high-stakes talks with US in Switzerland
Here’s a brief recap of the key developments in the US-Iran geopolitical front that occurred over the weekend, especially after Iran closed the Strait of Hormuz on Saturday over Israel's attacks on Le ...
Breaking: Iran closes the Strait of Hormuz amid ceasefire deal violation
Iran says it is closing the Strait of Hormuz after accusing the United States (US) and Israel of violating the ceasefire. According to Iran, the decision came over the continued Israeli strikes in Leb ...
Brent at $80: Did the market buy the Iran deal twice?
Brent is back near $80 and West Texas Intermediate near $77, which means the Oil market has handed back almost the entire premium it built over nearly four months of open war with Iran.
The Canadian Dollar ditches Crude Oil for Gold
The textbook calls the Canadian Dollar a petro-currency, which means that with a Middle East war keeping Crude Oil bid, the Loonie should be holding its own.