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US Stock Futures Slip After Wall Street Rally Fueled by US-Iran Deal and Chipmaker Surge 
China Keeps Loan Prime Rates Unchanged for 13th Straight Month as Policymakers Prioritize Credit Demand Recovery 
US Stock Futures Recover as Iran Signals Progress in Peace Talks 
Italy’s Economy Outpaces Eurozone Peers as Investment Spending Fuels Growth 
100+ Global Companies Push Governments to Prioritize Electrification for Economic Growth 
Russia Stocks End Flat as MOEX Index Hits New 52-Week Low; Gold Falls and Oil Mixed 
Dollar Hits One-Month High as Hawkish Fed Outlook Boosts Greenback 
Yen Near 40-Year Lows Despite BOJ Rate Hike, Markets Brace for Possible Intervention 
Gold Prices Slide as Hawkish Fed and Strong Dollar Weigh on Bullion 
Russian Stocks End Flat as MOEX Index Hits New 52-Week Low 
Oil Prices Steady as U.S.-Iran Truce Uncertainty and Middle East Tensions Keep Markets on Edge 
Oil Prices Slide as U.S.-Iran Deal and Hormuz Reopening Ease Supply Concerns 
Asian Stocks Rally as Japan and South Korea Reach Record Highs on US-Iran Peace Deal 
Oil Prices Drop as U.S.-Iran Talks Ease Supply Concerns 
Canada, British Columbia Launch $5 Billion Infrastructure Partnership to Boost Housing, Transit, and Healthcare 
BOJ Signals More Rate Hikes as Inflation Risks Rise Amid Energy Price Pressures 
The U.S. dollar weakened on Wednesday as investors embraced risk following a fragile ceasefire between Israel and Iran, brokered by President Donald Trump. Global markets rallied, with equities hitting record highs, as both nations signaled a pause in hostilities after Trump publicly condemned violations of the truce.
During the 12-day conflict, the dollar served as a safe haven, but optimism over a de-escalation spurred broad selling. In early Asian trading, currency movements remained subdued. The euro hovered near its highest level since October 2021 at $1.1621. The British pound slipped slightly to $1.3615, just off a two-year high. The Australian dollar edged up 0.02% to $0.6492 after a strong rally, while the New Zealand dollar gained 0.13% to $0.6015.
The Japanese yen held steady at 144.96, as Bank of Japan officials showed caution over rate hikes amid uncertainty from U.S. tariffs. The Swiss franc, which surged to a 10.5-year high on Tuesday, stabilized at 0.8049 per dollar.
The U.S. dollar index dipped to 97.91. While Fed Chair Jerome Powell reiterated a patient stance on rate cuts during his congressional testimony, markets still price in an 18% chance of a rate cut in July. Analysts at ANZ expect rate cuts could resume in September due to slowing economic growth and easing inflation, despite new tariffs.
Recent U.S. data, including a drop in consumer confidence and signs of labor market weakness, reinforced expectations of nearly 60 basis points of rate cuts by year-end. Meanwhile, the two-year Treasury yield fell to 3.7870%, its lowest in over a month, while the 10-year yield was steady at 4.3043%.
