Dollar Hits One-Month High as Hawkish Fed Outlook Boosts Greenback 
US Stock Futures Jump on Reports of Preliminary US-Iran Peace Deal Despite Fed’s Hawkish Outlook 
Asian Stocks Advance as Nikkei Nears Record High Ahead of Fed Decision 
Yen Near 40-Year Lows Despite BOJ Rate Hike, Markets Brace for Possible Intervention 
Trump Questions USMCA Renewal as Trade Talks Continue 
Japan Signals Readiness to Intervene as USD/JPY Nears 161 Amid Yen Weakness 
Oil Prices Slide as U.S.-Iran Deal and Hormuz Reopening Ease Supply Concerns 
ASX Proposes New Share Dilution Limits for Public Takeovers 
German Industry Employment Falls to Lowest Level in a Decade 
Asian Currencies Steady as Dollar Holds Firm Ahead of Fed Decision and US-Iran Deal Details 
Gold Prices Slide as Hawkish Fed and Strong Dollar Weigh on Bullion 
Oil Prices Drop as U.S.-Iran Peace Deal Eases Supply Concerns 
Italy’s Economy Outpaces Eurozone Peers as Investment Spending Fuels Growth 
Canada Imposes 10% Tariff on Canned Vegetable Imports to Protect Domestic Industry 
US Stock Futures Slip After Wall Street Rally Fueled by US-Iran Deal and Chipmaker Surge 
Fed Chair Kevin Warsh Signals Policy Overhaul as Hawkish Rate Outlook Rattles Markets 
Gold Prices Rebound on U.S.-Iran Peace Deal Optimism Despite Fed Rate Hike Signals 
Asian currencies showed little movement on Thursday following strong gains in the prior session, as investor caution mounted over the stability of a U.S.-Iran ceasefire deal amid escalating Middle East tensions. The U.S. Dollar Index slipped 0.1% after touching a four-week low on Wednesday, with futures also declining slightly in early Asian trading.
Market optimism faded quickly after Israeli airstrikes on Lebanon intensified despite President Donald Trump's announcement of a two-week U.S.-Iran ceasefire. The conflict raised questions about whether Lebanon fell within the agreement's scope. Iran responded by declaring that peace negotiations would be unreasonable under the current circumstances, and reports confirmed that Tehran had once again closed the Strait of Hormuz, a critical global oil shipping lane.
Analysts at MUFG warned that a lasting agreement remains unlikely given the significant gaps between involved parties, pointing to continued risk of volatility across financial markets. The initial ceasefire announcement had briefly lifted risk appetite and pressured the dollar, supporting higher-yielding Asian currencies — but that momentum quickly stalled.
Among regional currencies, the South Korean won edged slightly lower against the dollar after rallying over 1% the previous day. The Japanese yen also gave back a small portion of its recent gains. India's rupee weakened modestly after the Reserve Bank of India held its benchmark interest rate steady, reaffirming its commitment to managing excessive currency fluctuations through temporary measures.
The Chinese yuan stabilized marginally after hitting a three-year low in the prior session, while the Australian and Singapore dollars traded nearly flat. Oil prices rebounded more than 2% on renewed supply disruption fears tied to the Strait of Hormuz, adding pressure to oil-dependent Asian economies. Traders are now focused on Friday's U.S. consumer inflation report for fresh signals on Federal Reserve interest rate policy.
