Oil prices fell on Friday and are on track to snap a two-week winning streak, following a report that Trump is no longer interested in the June deal framework. According to an Iranian official, Iran has opened a 'temporary and limited' shipping corridor through the Strait of Hormuz, noting that the

The British pound hovered around the highest level in more than 3 years on Thursday on new US Treasury plans to steady the bond market against soaring long-term borrowing costs. A jump in household energy bills pushed British inflation to a 4-month high in July as expected, and it will likely rise f

Europe's Stoxx 50 closed near its record high on Tuesday, driven by surging technology shares and a wave of positive corporate earnings that rejuvenated market sentiment. Additional downward pressure on crude prices provided further tailwinds for the pan-EU index. Axios reported that Iran and Oman w

The Australian dollar dropped on Wednesday as hostilities flared anew in the Middle East. Iran targeted American forces in the Middle East with ballistic missiles, US Central Command said. Easing fuel costs helped temper Australian consumer price growth during the last quarter. Given underlying infl

The yen hovered close to its lowest level in nearly four decades on Wednesday as rising oil prices and Treasury yields pushed the dollar higher. The US has completed a fresh round of strikes against Iran. A Tuesday morning attack by Iran on a tanker in the Strait of Hormuz forced its crew to abandon

Wall Street's main indexes closed in negative territory on Monday, as market participants monitored diplomatic efforts to defuse Middle East tensions and braced for pivotal megacap tech earnings due later this week. According to a Reuters analysis, some active fund managers are already cutting back

Gold prices rose on Thursday, supported by softer than expected jobs data. Fed Chai Warsh said that inflation expectations and inflation risks have come down in recent weeks. Goldman Sachs says the metal's disappointing performance over the past four months may not signal the end of the precious met

The Euro Stoxx 50 closed at a fresh record peak on Tuesday after JP Morgan raised its year-end target for European equity indexes, ‌citing corporate earnings strength and improvements in the geopolitical climate. Inflation slowed more than expected across most major euro zone economies in June due t

Some Asian stock markets have outperformed the US in 2026, with the S&P Asia 50 surging 50%. Analysts believe the bull run is far from over due to deep-value pricing, localized growth, and structural economic catalysts. TSMC, Samsung Electronics and SK Hynix dominate the global semiconductor sup

A surging dollar is heading toward its sharpest monthly gain in almost a year on Thursday, sending the Aussie lower to a more than 2-month low, as traders bet on a strong US economy propping up short-term interest rates. US military escorts of commercial ships have ended Iran's ability to close the

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