Brazil Weighs IP Curbs, Patent Suspensions After New U.S. Tariffs 
US Stock Futures Fall as Netflix Outlook, Chip Selloff and Iran Tensions Weigh on Markets 
Asian Stocks Slide as Chip Selloff Deepens Ahead of TSMC Earnings 
Oil Prices Set for Weekly Surge as U.S.-Iran Conflict Fuels Supply Fears 
Gold Prices Head for Biggest Weekly Loss Since June as Fed Rate Outlook Weighs 
South Korea Raises Interest Rates to 2.75% as Inflation and Weak Won Drive Tightening 
Asian Stocks Slide as Nikkei Leads Losses on Tech Selloff and Rising U.S.-Iran Tensions 
Nikkei Plunges 5% as AI Stock Selloff Spreads Across Asia 
ECB's Kocher Says No Inflation Spillover Yet From Iran Conflict, Warns Risks Remain 
Gold Prices Slip as Oil Rally Fuels Inflation Fears, Strengthens Dollar 
Asian Currencies Hold Steady as Middle East Tensions Offset Weaker US Dollar 
China Q2 2026 GDP Misses Forecast as Weak Domestic Demand Offsets Export Strength 
Dollar Slides as Softer US Inflation Dims Fed Rate Hike Expectations 
IEA Warns China Rare Earth Export Curbs Could Threaten $6.5 Trillion in Global Production 
Japan Core Inflation Seen Rising in June, Strengthening BOJ Rate Hike Outlook 
US Stock Futures Hold Steady as Soft Inflation Data Eases Fed Rate Hike Fears 
The U.S. dollar found some support on Monday but remained near a three-year low after a volatile week driven by President Donald Trump’s shifting tariff policies. Markets remain on edge as Trump’s abrupt imposition and partial postponement of tariffs continue to create confusion and weigh on investor sentiment.
Despite a brief reprieve—after the White House excluded smartphones, computers, and other Chinese electronics from steep tariffs—Trump warned the move would be short-lived, deepening market uncertainty. “It’s been handled haphazardly and heavy-handedly,” said IG analyst Tony Sycamore, emphasizing persistent market volatility.
The dollar rose 0.34% against the Swiss franc after hitting a decade-low last week, while the euro eased 0.13% to $1.1344 following a 3.6% surge that pushed it to a three-year high. Analysts forecast the euro could reach $1.20 by late July as investors continue moving funds out of U.S. assets.
Concerns about the dollar’s role as the world’s reserve currency are accelerating de-dollarisation trends. Deutsche Bank’s George Saravelos pointed to a combined collapse in the U.S. currency and bond market, noting the steep sell-off in Treasuries and the rapid unwinding of basis trades by hedge funds as key pressures on the dollar.
The dollar index hovered near 99.73, close to Friday’s low. U.S. 10-year Treasury yields remained elevated at 4.47%, marking the largest weekly rise in decades. Saravelos warned that the global financial system is recalibrating, and the dollar's dominance is under serious reassessment.
Elsewhere, the yen dipped 0.2% to 143.79, the British pound fell 0.33% to $1.3084, and the Aussie dollar extended last week’s gains, up 0.15% to $0.63035. The New Zealand dollar rose 0.33%, while the offshore yuan weakened 0.17% to 7.2941 ahead of onshore trading.
