
Goldman Sachs Sees U.S. Dollar Holding Firm as Strong Economic Data Supports Outlook
Jun 07, 2026 00:00 am UTC| Insights & Views Economy
Goldman Sachs expects the U.S. dollar to remain supported by strong economic fundamentals, although improving global risk sentiment and resilient foreign currencies may limit additional gains. The bank noted that recent...

Canada-Indonesia Trade Pact Gains Momentum as Carney and Prabowo Discuss Economic Cooperation
Jun 07, 2026 00:00 am UTC| Politics Economy
Canadian Prime Minister Mark Carney and Indonesian President Prabowo Subianto held talks on Saturday to discuss the ongoing conflict in the Middle East and its potential effects on global energy markets and the broader...

US Weighs Using Frozen Iranian Assets to Rebuild Gulf Infrastructure After Regional Attacks
Jun 06, 2026 23:48 pm UTC| Politics Economy
The United States is reportedly considering a plan to redirect frozen Iranian assets to help Gulf allies rebuild infrastructure damaged in recent attacks linked to Tehran, according to a Reuters report published on...

US-Iran Gulf Clash Raises Oil Market and Defense Stock Concerns
Jun 06, 2026 02:20 am UTC| Politics Economy
A fresh military confrontation between the United States and Iran has intensified concerns over global oil supplies, defense sector performance, and Middle East security. According to reports citing U.S. Central Command...

Oil Prices Slip but End Two-Week Losing Streak as Middle East Tensions Persist in 2026
Jun 06, 2026 02:10 am UTC| Economy
Global oil prices moved lower on Friday after operations resumed at Omans key Mina al Fahal oil terminal following reports of a drone-related incident. Despite the daily decline, both Brent crude and West Texas...

Gold Prices Tumble as Strong U.S. Jobs Report Fuels Fed Rate Hike Expectations
Jun 06, 2026 02:08 am UTC| Economy
Gold prices recorded a sharp decline on Friday and were set for a weekly loss after stronger-than-expected U.S. employment data increased expectations that the Federal Reserve may raise interest rates later in 2026. The...

Jun 06, 2026 02:06 am UTC| Economy
The U.S. dollar climbed to its highest level in nearly two months on Friday, supported by stronger-than-expected labor market data and escalating geopolitical tensions in the Middle East. The U.S. Dollar Index (DXY), which...