Forex Market

Key Takeaways Broad-based gains: The Stoxx 600 rose 0.3%, Germany’s DAX climbed 0.7%, France’s CAC 40 added 0.3%, and the U.K.’s FTSE 100 gained 0.4%. Trump cancels strikes: The president said he had called off renewed attacks on Iran. New Iran proposal: Tehran officials reportedly sent out a fresh peace …

Key Takeaways Modest rebound: The Westpac-Melbourne Institute Consumer Sentiment Index climbed 3.5% in May to 83.0 from 80.1 in April. Recovering from sharp drop: May’s gain follows the previous month’s brutal 12.5% fall. Fuel relief helps: Australia’s temporary fuel excise cut helped lower petrol prices after the Hormuz-driven surge. Still …

Global financial markets are entering a more complex phase as expectations around US interest rates shift sharply. Investors who once anticipated policy easing are now reassessing the outlook, with growing speculation that borrowing costs could remain higher for longer—or even rise again.This change reflects increasing concern that inflation pressures are …

Japan’s currency authorities are locked in an increasingly costly struggle to defend the yen, as the dollar creeps back toward the 160-level that triggered emergency intervention just three weeks ago — raising fresh fears that Tokyo may be forced to act again.A Red Line CrossedWhen the dollar climbed above 160 …

Gold Stabilizes After Sharp Weekly DropGold prices steadied on Monday after a turbulent week that pushed the precious metal below the key $4,500 level for the first time in weeks. Spot gold traded near $4,541 per ounce, showing little daily movement, but the broader picture reflects growing pressure on the …

US President Donald Trump is expected to officially swear in Kevin Warsh as the next chairman of the Federal Reserve during a White House ceremony on Friday, marking the beginning of a major shift in US monetary leadership.Warsh will replace current Federal Reserve Chairman Jerome Powell after receiving approval from …

Key Takeaways Futures advance: S&P 500 futures rose 0.3%, Nasdaq 100 futures climbed 0.6%, and Dow futures added 0.1%. Bond sell-off eases: Yields stabilized after last week’s surge, but inflation worries remain front and center. Friday’s rout: The Dow fell 1.1%, S&P 500 dropped 1.2%, and Nasdaq lost roughly 1.5% …

Key Takeaways Modest pullback: The DXY and dollar index futures fell about 0.1% each, after rallying over 1% the prior session. Strong weekly gains intact: The dollar held on to most of last week’s gains as oil and bond yields surged. Iran tensions persist: Reports show the U.S. and Israel …

Key Takeaways Crude surges: Brent oil futures rose 2% to a two-week high of $111.45 per barrel, while WTI gained 2.2% to $103.26. UAE nuclear plant attacked: Drone strikes near the Barakah plant caused a fire, though no direct damage to the main facility. UAE blames Iran: Officials called the …

Key Takeaways 6-week low hit: Spot gold touched $4,480.79/oz before recovering, while gold futures fell 0.5% to $4,540.67/oz. Spot gold dips slightly: Last at $4,538.79 per ounce after a turbulent session. Bond yields explode: U.S. 10-year Treasury yields hit a one-month high, while Japanese 10-year yields surged to a 29-year …