US Stock Futures Slip After Wall Street Rally Fueled by US-Iran Deal and Chipmaker Surge 
Asian Stocks Rally as Japan and South Korea Reach Record Highs on US-Iran Peace Deal 
BOJ Signals More Rate Hikes as Inflation Risks Rise Amid Energy Price Pressures 
Canada, British Columbia Launch $5 Billion Infrastructure Partnership to Boost Housing, Transit, and Healthcare 
Oil Prices Slide as U.S.-Iran Deal and Hormuz Reopening Ease Supply Concerns 
Oil Prices Drop as U.S.-Iran Peace Deal Eases Supply Concerns 
Trump Questions USMCA Renewal as Trade Talks Continue 
Gold Prices Slide as Hawkish Fed and Strong Dollar Weigh on Bullion 
Yen Near 40-Year Lows Despite BOJ Rate Hike, Markets Brace for Possible Intervention 
Asian Currencies Steady as Dollar Holds Firm Ahead of Fed Decision and US-Iran Deal Details 
Fed Chair Kevin Warsh Signals Policy Overhaul as Hawkish Rate Outlook Rattles Markets 
Japan Signals Readiness to Intervene as USD/JPY Nears 161 Amid Yen Weakness 
Asian Stocks Surge as Oil Prices Fall and Strong US Dollar Weighs on Markets 
Dollar Surges After Fed Holds Rates Steady, Signals Potential Tightening Ahead 
Trump and Iran Sign Framework Peace Deal in France Amid Ongoing Middle East Tensions 
Australia Eases Capital Gains Tax Reforms to Support Small Businesses and Startups 
Asian Stocks Advance as Nikkei Nears Record High Ahead of Fed Decision 
The U.S. dollar remained largely flat on Tuesday as currency markets balanced geopolitical risks from escalating U.S.-Iran tensions against hopes for renewed diplomatic progress. The dollar index edged up just 0.04% to 98.38, reflecting cautious investor sentiment rather than decisive movement in either direction.
Tensions in the Middle East intensified after President Donald Trump confirmed the U.S. military launched a blockade of vessels departing Iranian ports. Iran responded by threatening retaliatory action against Gulf neighbors' ports following the collapse of weekend peace talks in Pakistan. Despite this, Reuters confirmed that diplomatic back-channels between Washington and Tehran remained open. Trump noted that Iran had expressed interest in reaching a deal, while Vice President JD Vance signaled expectations that the Strait of Hormuz would gradually reopen to shipping traffic.
Currency strategists warned that any breakdown in the fragile ceasefire could reignite dollar strength. U.S. crude futures reflected the uncertainty, falling over $2 to $96.99 per barrel in early Asian trading.
Against major currencies, the euro gained 0.03% to $1.1761, the Japanese yen firmed slightly to 159.3 per dollar, and the British pound rose 0.03% to $1.3508. The Australian dollar slipped 0.04% to $0.7091, while the New Zealand dollar edged up 0.03% to $0.5868.
Market attention also turned to the Bank of Japan, where the probability of an interest rate hike this month dropped sharply to 40% from 57% just days earlier. Ongoing geopolitical volatility has clouded Japan's economic outlook, prompting BOJ Governor Kazuo Ueda to emphasize caution. Analysts noted that if the BOJ opts to hold rates, the dollar-yen pair could break above the psychologically critical 160 threshold, potentially triggering currency intervention.
In digital assets, Bitcoin climbed 1.70% to $74,438.67, while Ethereum surged 5.32% to $2,373.32, offering a notable contrast to the subdued mood in traditional forex markets.
