Gold Price Rises as Investors Weigh U.S.-Iran Talks and Fed Policy Outlook 
China Keeps Loan Prime Rates Unchanged for 13th Straight Month as Policymakers Prioritize Credit Demand Recovery 
China’s AI Manufacturing Boom Masks Weak Consumer Economy, Citi Says 
Yen Near 40-Year Lows Despite BOJ Rate Hike, Markets Brace for Possible Intervention 
US Stock Futures Recover as Iran Signals Progress in Peace Talks 
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 
US Dollar Hits One-Year High as Hawkish Fed Outlook Overshadows Middle East Developments 
Japan Inflation Stays Below BOJ Target Despite Rate Hike and Rising Energy Cost Risks 
Japan Manufacturing Growth Accelerates in June as Orders Surge Despite Iran War Cost Pressures 
Asian Stocks Surge as Oil Prices Fall and Strong US Dollar Weighs on Markets 
Trump Says No Hormuz Strait Tolls During 60-Day Iran Ceasefire 
Canada Imposes 10% Tariff on Canned Vegetable Imports to Protect Domestic Industry 
Japan, U.S. Discuss Yen Weakness as Currency Intervention Concerns Grow 
France Faces Long Road to Economic Rebalancing as Weak Demand and High Rates Weigh, Says Citi 
Oil Prices Slide as U.S.-Iran Deal and Hormuz Reopening Ease Supply Concerns 
Oil prices declined on Monday as investor concerns grew over U.S. import tariffs impacting global economic growth and fuel demand. Increased output from OPEC+ also contributed to the bearish sentiment.
Brent crude slipped 0.4% to $70.11 per barrel, while U.S. West Texas Intermediate (WTI) fell 0.4% to $66.76. WTI posted its seventh consecutive weekly decline, the longest since November 2023, and Brent marked its third straight week of losses. The downturn followed U.S. President Donald Trump's tariff policies, which raised tensions with key oil suppliers Canada, Mexico, and China. China retaliated with tariffs on U.S. and Canadian agricultural goods.
Market uncertainty deepened with discussions on potential U.S. sanctions relief on Russia’s energy sector, should Russia agree to a ceasefire in Ukraine. At the same time, Trump hinted at further sanctions if Russia fails to comply.
OPEC+ confirmed plans to increase oil production starting in April, but Russia’s Deputy Prime Minister Alexander Novak suggested a potential policy reversal if market conditions warrant. Meanwhile, Trump's push to negotiate with Iran over its nuclear ambitions faced resistance, as Iran’s Supreme Leader Ayatollah Ali Khamenei dismissed external pressure. The U.S. also revoked a waiver allowing Iraq to pay Iran for electricity, intensifying economic restrictions on Tehran.
Despite ongoing geopolitical risks, analysts see potential support for WTI around $65-$62, predicting a possible rebound to $72. Investors remain cautious as oil markets navigate supply shifts and macroeconomic pressures.
