European Oil & Gas Stocks Face 2026 With Cautious Outlook Amid Valuation Pressure 
Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification 
Dollar Holds Steady as Markets Shift Focus to 2026 Rate Cut Expectations 
Asian Currencies Edge Higher as Markets Look to Fed Rate Cut; Rupee Steadies Near Record Lows 
Oil Prices Hold Steady as Ukraine Tensions and Fed Cut Expectations Support Market 
Asian Markets Stabilize as Wall Street Rebounds and Rate Concerns Ease 
IMF Deputy Dan Katz Visits China as Key Economic Review Nears 
Oil Prices Rise as Ukraine Targets Russian Energy Infrastructure 
China’s Services Sector Posts Slowest Growth in Five Months as Demand Softens 
Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike 
Dollar Slides to Five-Week Low as Asian Stocks Struggle and Markets Bet on Fed Rate Cut 
BOJ Governor Ueda Highlights Uncertainty Over Future Interest Rate Hikes 
China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai 
Gold Prices Edge Higher as Markets Await Key U.S. PCE Inflation Data 
Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data 
European Stocks Rise as Markets Await Key U.S. Inflation Data 
The U.S. dollar extended gains against the yen for a third consecutive day on Wednesday, boosted by rising U.S. yields and renewed trade tensions. President Donald Trump announced 25% tariffs on Japan and other nations, with more trade-related proclamations expected. Trump stated that "a minimum of 7 countries" will be addressed in new announcements, fueling speculation on further tariffs or deals.
The dollar rose 0.2% to 146.85 yen, hitting a two-week high, as markets priced in higher U.S. yields and fiscal concerns in Japan ahead of the July 20 upper house elections. IG analyst Tony Sycamore noted stalled U.S.-Japan talks, largely due to Japan’s rice market protections, which remain a sticking point.
The dollar index held steady at 97.582 after two days of gains, reflecting strength across major peers. The euro remained flat at $1.1720, while the British pound slipped 0.1% to $1.35795. The Australian dollar dipped to $0.6526, while New Zealand’s kiwi traded at $0.5993.
Trump’s tariff plans include a 50% duty on imported copper, with semiconductors and pharmaceuticals also targeted in upcoming measures. Meanwhile, the European Union is reportedly seeking exemptions from the 10% U.S. baseline tariff, according to EU sources.
Bank of Japan board member Junko Koeda voiced concerns about inflationary pressures from rising rice prices, which could have second-round effects on core inflation. Separately, U.S. Treasury Secretary Scott Bessent will skip the G20 finance meeting in South Africa but is set to attend the World Expo 2025 in Osaka, Japan.
As global markets react to trade policy shifts and currency movements, investors remain focused on central bank responses and geopolitical developments.
