Asian Stocks Rally as AI Boom and Iran Ceasefire Progress Lift Market Sentiment 
ECB’s Philip Lane Warns Middle East Conflict Could Keep Inflation Elevated 
Oil Prices Jump After New U.S. Strikes on Iran Raise Supply Concerns 
U.S. Sanctions Iran’s Strait of Hormuz Authority as Global Oil Markets Face Turmoil 
Canada and Germany Advance Major LNG Supply Partnership 
US Dollar Slips as Markets Weigh Potential US-Iran Peace Deal and Oil Price Outlook 
Tokyo Inflation Cools in May, Supporting BOJ’s Cautious Rate Hike Path 
S&P 500, Nasdaq Hit Record Highs as Iran Ceasefire Talks and AI Rally Boost Markets 
US Launches New Trade Investigation Into Vietnam Over Intellectual Property Concerns 
Asian Markets Slide as New U.S. Strikes on Iran Spark Investor Caution 
Asian Currencies Steady as U.S.-Iran Ceasefire Extension Hopes Weigh on Dollar 
South Korea Central Bank Holds Interest Rates Steady Amid Inflation Concerns 
European EV Sales Surge in April 2026 as Tesla and Chinese Automakers Gain Ground 
New World Screwworm Found Near U.S. Border Raises Threat to Cattle Industry and Beef Prices 
European Stocks Rise as AI Optimism Offsets U.S.-Iran Tensions 
Mega IPOs Like SpaceX and OpenAI Could Reshape S&P 500 and Nasdaq 100 Portfolios in 2026 
S&P 500 Hits Record High as Tech Rally Slows Amid Iran Peace Uncertainty 
The U.S. dollar remained resilient on Tuesday, supported by upbeat economic data and shifting expectations around Federal Reserve policy, even as concerns lingered over the possibility of another U.S. government shutdown. Positive signals from the U.S. economy and easing geopolitical tensions helped underpin the greenback, keeping investors focused on growth and interest rate outlooks rather than political risks.
The dollar index, which tracks the greenback against a basket of major currencies, hovered near 97.50 after two consecutive days of gains. The recent strength in the dollar followed stronger-than-expected U.S. manufacturing data from the Institute for Supply Management, which showed activity returning to growth territory. Although a key U.S. jobs report faces potential delays due to political gridlock in Washington, market sentiment toward the dollar remained broadly constructive.
Expectations surrounding U.S. monetary policy have also played a significant role. The dollar has trended higher since President Donald Trump nominated Kevin Warsh as the next Federal Reserve chair. Analysts believe Warsh is less inclined to push for aggressive interest rate cuts compared with other potential candidates, reinforcing the view that U.S. rates may stay higher for longer, a factor that typically supports the dollar.
Geopolitical developments added to the supportive backdrop. The United States announced a new trade deal with India, easing trade tensions and reducing uncertainty. At the same time, nuclear talks between the U.S. and Iran are set to resume, helping calm markets concerned about escalating conflict in the Middle East.
In currency markets, the Australian dollar climbed ahead of an expected interest rate hike by the Reserve Bank of Australia, rising to around $0.6965. The New Zealand dollar and British pound also edged higher. Meanwhile, the Japanese yen remained weak amid political uncertainty and expectations of more expansionary fiscal policy ahead of Japan’s upcoming election.
In digital assets, cryptocurrency prices were mixed, with bitcoin trading near $78,840 and ether slightly higher, reflecting steady risk appetite across global markets.
