Asian Currencies Stabilize as Dollar Holds Near Two-Month High After Fed Hawkish Signal 
BOJ Signals More Rate Hikes as Inflation Risks Rise Amid Energy Price Pressures 
Oil Prices Ease as Markets Weigh U.S.-Iran Peace Deal and Strait of Hormuz Reopening 
Trump and Iran Sign Framework Peace Deal in France Amid Ongoing Middle East Tensions 
Asian Stocks Surge as Oil Prices Fall and Strong US Dollar Weighs on Markets 
US Stock Futures Slip After Wall Street Rally Fueled by US-Iran Deal and Chipmaker Surge 
Oil Prices Drop as U.S.-Iran Peace Deal Eases Supply Concerns 
Dollar Surges After Fed Holds Rates Steady, Signals Potential Tightening Ahead 
Asian Currencies Steady as Dollar Holds Firm Ahead of Fed Decision and US-Iran Deal Details 
Japan Signals Readiness to Intervene as USD/JPY Nears 161 Amid Yen Weakness 
German Industry Employment Falls to Lowest Level in a Decade 
Asian Stocks Rally as Japan and South Korea Reach Record Highs on US-Iran Peace Deal 
Japan Inflation Stays Below BOJ Target Despite Rate Hike and Rising Energy Cost Risks 
Gold Prices Rebound on U.S.-Iran Peace Deal Optimism Despite Fed Rate Hike Signals 
Fed Chair Kevin Warsh Signals Policy Overhaul as Hawkish Rate Outlook Rattles Markets 
Australia Eases Capital Gains Tax Reforms to Support Small Businesses and Startups 
Asian Stocks Advance as Nikkei Nears Record High Ahead of Fed Decision 
Oil prices climbed sharply during early Asian trading on Monday as geopolitical tensions in the Middle East intensified following a drone strike near the UAE’s Barakah nuclear power plant. The incident has heightened concerns over global oil supply disruptions and increased fears of a wider regional conflict involving Iran, the United States, and Israel.
Brent crude futures for July delivery jumped 1.3%, reaching $110.71 per barrel by 19:42 ET (23:42 GMT). The rise in crude oil prices comes amid growing uncertainty surrounding the ongoing Iran conflict and the continued closure of the Strait of Hormuz, a critical route for global energy shipments.
Reports indicated that Iran and allied proxy groups were likely behind the drone attack that triggered a fire near the UAE nuclear facility on Sunday. The strike followed earlier missile and drone attacks launched by Iran against the UAE this month, further escalating military tensions across the Gulf region.
U.S. President Donald Trump intensified pressure on Tehran by warning that the “clock is ticking” for Iran to agree to a diplomatic deal. Meanwhile, sources revealed that the U.S. and Israel are actively discussing additional military operations targeting Iran, raising fears of broader instability in the Middle East oil market.
The Strait of Hormuz has remained effectively closed since late February after Iran blocked the strategic waterway. The disruption has severely impacted oil shipments to Asia, supporting higher crude prices as supply concerns continue to dominate the market.
Efforts to ease tensions through diplomacy have shown little progress. A recent U.S.-China summit produced no major breakthroughs regarding the Iran crisis, while ceasefire negotiations between Washington and Tehran remain stalled.
Analysts expect oil market volatility to remain elevated as investors closely monitor developments surrounding the Iran war, Middle East security risks, and global energy supply chains.
