On April 14 local time, US Vice President Vance said that he was “optimistic” about the progress of the current situation regarding Iran. He also mentioned that there is a great deal of mistrust between the United States and Iran, which cannot be resolved overnight. US sources say that Vance is expected to lead the […]
Although the United States and Iran are considering holding a new round of talks in an effort to consolidate a longer-term ceasefire agreement, US President Donald Trump has still imposed a US Navy blockade on the Strait of Hormuz. This move aims to increase pressure on Tehran. After the deadline set by Trump passed, the […]
The US dollar strengthened against major currencies in early trading on Monday as the United States and Iran failed to reach a peace deal over the weekend, dampening market sentiment and boosting demand for some safe-haven assets. Risk-sensitive currencies led the decline, with the Australian dollar and the South African rand both falling by 1%. […]
Oil prices rose and Asian stocks edged up as a fragile ceasefire in the Middle East kept investors cautious ahead of the US-Iran talks over the weekend. Influenced by this, the price of Brent crude oil rose by 1% to about $97 per barrel. US President Trump threatened Iran, demanding that it stop charging fees […]
Despite the ongoing fighting in the Middle East and Israel’s air strikes on Lebanon, which threaten the fragile ceasefire agreement in the six-week-long conflict, the White House announced that the United States will hold direct talks with Iran. Press Secretary Caroline Levitt said that Vice President JD Vance will lead the US delegation to Islamabad. […]
The United States and Iran have agreed to a two-week ceasefire, which is expected to halt military operations between the two countries in exchange for Tehran reopening the Strait of Hormuz. On Tuesday, US President Donald Trump announced the deal on social media. Hours earlier, Pakistan, which mediated the negotiations, pleaded with the US president […]
Oil prices rose and stock markets swung wildly after President Donald Trump suggested that the United States might step up its strikes against Iran as early as Tuesday, dimming hopes for a ceasefire. Market concerns that an impending military operation might disrupt the nascent progress in restoring energy transportation through the Strait of Hormuz pushed […]
Alberto Musalem, president of the Federal Reserve Bank of St. Louis, said that both inflation and employment risks are on the rise, and officials should be prepared to adjust interest rates at any time in response to economic developments. Mussailem said at the American Enterprise Institute in Washington on Wednesday: “The current policy can well […]
The inflation rate in the eurozone has reached its highest level since 2022 due to the sharp increase in energy costs caused by the war in Iran, which confirms expectations that the European Central Bank will have to raise interest rates. The consumer price index rose 2.5% year-on-year in March, up from 1.9% in the […]
On Monday, the US stock market made a 180-degree turn, intensifying the previous sell-off and causing the market to set a record for the longest consecutive weekly decline since 2022. This came as more US troops arrived in Iran, raising concerns that the conflict might escalate. The S&P 500 index dropped 0.4%, erasing a 0.9% […]