Asian stocks edged higher as a ceasefire deal between Israel and Iran appeared to hold and bond traders increased their bets on US interest rate cuts. The MSCI Asia equity index rose 0.2% on Wednesday after climbing more than 2% in the previous trading session as US President Donald Trump announced a ceasefire between warring […]
Oil prices continued to fall as US President Donald Trump announced a temporary ceasefire between Iran and Israel. Brent crude futures plunged nearly 5% in early trading to $68 a barrel before paring some losses. The oil price had experienced a roller-coaster decline on Monday, ending with a sharp drop. The slump briefly pushed the […]
The dollar and oil gave back early gains as traders awaited Tehran’s response to Washington’s weekend strike on Iranian nuclear facilities. The Bloomberg Dollar Index rose 0.3%, while the global benchmark Brent crude oil price soared by 5.7% at one point and later climbed nearly 2%. S&P 500 futures dropped 0.3%, and Asian stock indices […]
Some of Australia’s biggest investors say they are cutting their holdings of US Treasuries, citing concerns over President Donald Trump’s tariff and tax plans. SA, a state-owned fund managing assets equivalent to 30 billion US dollars, has shifted to reducing its holdings of US sovereign debt. Meanwhile, the Queensland Investment Corporation, a state-owned fund with […]
Research by the European Central Bank shows that household consumption in the eurozone will remain suppressed for some time as the effects of past interest rate hikes continue to impact mortgages. In a paper published on Wednesday, economists at the European Central Bank wrote that even if the ECB cuts the deposit rate from 4% […]
Oil prices neared a five-month high amid concerns that escalating tensions in the Middle East could draw the United States into the region more directly. Asian stocks were mixed after a fall on Wall Street. West Texas Intermediate (WTI) crude oil rose as much as 1.1% in Asian trading, after climbing more than 4% on […]
Global markets fluctuated after US President Donald Trump called for a withdrawal from Iran. Investors weighed the situation between Israel and Iran. His remarks contrasted sharply with earlier optimism that the situation would not escalate into a broader conflict. U.S. futures fell 0.4% and gold prices rose after Trump made social media remarks during the […]
Asian stocks rose on Monday as investors turned their attention to domestic news after the escalation of the conflict between Israel and Iran over the weekend. The Japanese market’s popularity has picked up, and the unexpectedly positive data from the Chinese mainland has been enough to stimulate tentative buying in the region’s stock markets after […]
After Israel’s attack on Iran, the stock market declined, and investors flocked to safe-haven assets such as US Treasuries. The price of crude oil rose by 5.5%, and the price of gold also increased. The S&P 500 futures index dropped by 1.5% and Asian stock markets fell by 0.3% due to Israel’s air strike on […]
U.S. President Donald Trump said he would determine the unilateral tariff rate within two weeks, reigniting trade tensions. Stock index futures followed the dollar lower. Safe-haven assets such as U.S. Treasuries and gold rose. The S&P 500 and Nasdaq 100 futures fell 0.3% as Trump said he would send letters to trading partners setting tariffs. […]