Japan Signals Readiness to Intervene as USD/JPY Nears 161 Amid Yen Weakness 
Oil Prices Drop as U.S.-Iran Talks Ease Supply Concerns 
Gold Price Rises as Investors Weigh U.S.-Iran Talks and Fed Policy Outlook 
Dollar Hits One-Month High as Hawkish Fed Outlook Boosts Greenback 
Asian Stocks Rally as Japan and South Korea Reach Record Highs on US-Iran Peace Deal 
China’s AI Manufacturing Boom Masks Weak Consumer Economy, Citi Says 
Russia Stocks End Flat as MOEX Index Hits New 52-Week Low; Gold Falls and Oil Mixed 
US Stock Futures Slip After Wall Street Rally Fueled by US-Iran Deal and Chipmaker Surge 
Europe EV Demand Surges as Fuel Prices Rise Amid Iran Conflict 
BOJ Signals More Rate Hikes as Inflation Risks Rise Amid Energy Price Pressures 
Japan Inflation Stays Below BOJ Target Despite Rate Hike and Rising Energy Cost Risks 
Asian Stocks Surge as Oil Prices Fall and Strong US Dollar Weighs on Markets 
Canada, British Columbia Launch $5 Billion Infrastructure Partnership to Boost Housing, Transit, and Healthcare 
Fed Chair Kevin Warsh Signals Policy Overhaul as Hawkish Rate Outlook Rattles Markets 
German Industry Employment Falls to Lowest Level in a Decade 
US Stock Futures Recover as Iran Signals Progress in Peace Talks 
Gold Prices Slide as Hawkish Fed and Strong Dollar Weigh on Bullion 
Oil prices edged higher on Tuesday while the U.S. dollar strengthened as hopes for a breakthrough in reopening the Strait of Hormuz faded, increasing concerns over global energy supply disruptions. Investors also turned cautious ahead of crucial U.S. inflation data that could influence the Federal Reserve’s next interest rate decision.
Brent crude futures climbed 0.7% to $105 per barrel after U.S. President Donald Trump stated that the ceasefire with Iran was “on life support.” Tehran’s response to a U.S. proposal aimed at ending the conflict reportedly showed both sides remain far apart, keeping geopolitical tensions elevated in the Middle East.
Global stock markets weakened as rising oil prices and uncertainty over trade and inflation pressured investor sentiment. S&P 500 futures slipped 0.2%, while South Korea’s KOSPI index dropped 3%, dragging down broader Asian markets. MSCI’s Asia-Pacific index excluding Japan fell 1%, while European futures declined 1%.
Markets are closely monitoring Trump’s scheduled visit to China on Wednesday. Analysts expect limited progress on both Iran-related negotiations and U.S.-China trade discussions. Investors are mainly hoping for stability, with no additional tariffs or export restrictions.
Despite higher energy prices, Wall Street remained relatively resilient overnight, with both the S&P 500 and Nasdaq reaching fresh record closing highs. However, traders are now focused on upcoming U.S. consumer price index data, which is expected to show annual inflation accelerating to 3.7%.
A stronger-than-expected inflation reading could force the Federal Reserve to consider another interest rate hike instead of anticipated rate cuts, potentially increasing volatility across financial markets.
Meanwhile, bond yields continued to rise globally. Japan’s 10-year government bond yield surged to a 29-year high of 2.54%, fueled by expectations of further policy tightening from the Bank of Japan. The U.S. dollar also gained strength, rising to 157.53 yen against the Japanese currency.
