Asian Stocks Advance as Nikkei Nears Record High Ahead of Fed Decision 
US Stock Futures Jump on Reports of Preliminary US-Iran Peace Deal Despite Fed’s Hawkish Outlook 
Trump Questions USMCA Renewal as Trade Talks Continue 
German Industry Employment Falls to Lowest Level in a Decade 
Gold Prices Slide as Hawkish Fed and Strong Dollar Weigh on Bullion 
Oil Prices Drop as U.S.-Iran Peace Deal Eases Supply Concerns 
Europe EV Demand Surges as Fuel Prices Rise Amid Iran Conflict 
Gold Prices Rebound on U.S.-Iran Peace Deal Optimism Despite Fed Rate Hike Signals 
Japan Signals Readiness to Intervene as USD/JPY Nears 161 Amid Yen Weakness 
Yen Near 40-Year Lows Despite BOJ Rate Hike, Markets Brace for Possible Intervention 
Canada Imposes 10% Tariff on Canned Vegetable Imports to Protect Domestic Industry 
Oil Prices Steady as U.S.-Iran Truce Uncertainty and Middle East Tensions Keep Markets on Edge 
Oil Prices Ease as Markets Weigh U.S.-Iran Peace Deal and Strait of Hormuz Reopening 
ASX Proposes New Share Dilution Limits for Public Takeovers 
Dollar Surges After Fed Holds Rates Steady, Signals Potential Tightening Ahead 
Italy’s Economy Outpaces Eurozone Peers as Investment Spending Fuels Growth 
Oil prices climbed sharply in Asian trading on Monday after U.S. President Donald Trump dismissed Iran’s response to a U.S.-backed peace proposal as “totally unacceptable,” fueling renewed concerns over Middle East tensions and global crude supply disruptions.
Brent crude futures surged 3.1% to $104.43 per barrel, while West Texas Intermediate (WTI) crude rose 3.1% to $98.33 per barrel during early trading. The strong rebound in oil markets came as investors reacted to growing uncertainty surrounding the ongoing conflict involving Iran and the security of the Strait of Hormuz, one of the world’s most critical oil shipping routes.
Trump’s remarks significantly reduced hopes for a quick diplomatic breakthrough between Washington and Tehran. Reports suggest the original U.S. proposal included a 20-year suspension of Iran’s uranium enrichment program, the removal of highly enriched uranium reserves, and the dismantling of major nuclear facilities in exchange for sanctions relief and an end to military operations.
Iran reportedly responded through Pakistani mediators, demanding the removal of economic sanctions, the withdrawal of U.S. naval forces near the Strait of Hormuz, security guarantees, and recognition of its right to maintain limited nuclear activities. According to reports, Tehran also proposed diluting part of its enriched uranium stockpile while transferring the remainder to a third country.
The Strait of Hormuz remains a key concern for energy markets, as shipping activity has been heavily disrupted since the conflict intensified. Oil prices had previously fallen last week amid speculation that both sides were nearing a temporary agreement to stabilize regional shipping routes.
Market attention is also turning to Trump’s upcoming visit to China, where he is expected to meet President Xi Jinping. Discussions are likely to focus on trade relations, Taiwan, and the Iran crisis, with China viewed as a major diplomatic influence due to its strong economic relationship with Tehran.
