Forex Market

Key Takeaways Broad-based gains: The Stoxx 600 rose 0.7%, Germany’s DAX gained 0.6%, France’s CAC 40 added 0.2%, while the U.K.’s FTSE 100 climbed 0.8%. Historic summit looms: Trump will meet face-to-face with Chinese counterpart Xi Jinping later this week, with trade and Taiwan on the agenda. Iran could steal …

Key Takeaways Massive refund push: The Trump administration is processing more than $35.5 billion in tariff refunds to importers after the Supreme Court struck down his tariff policy. Interest included: Payments cover duties paid across more than 8 million import entries, with interest added to refund amounts. CAPE portal handles …

The Middle East conflict pushes Washington and Beijing toward a critical moment. The escalating Iran conflict is rapidly transforming the global political landscape, placing new pressure on both Washington and Beijing as President Donald Trump prepares for a high-stakes visit to China. What was once expected to focus largely on …

The Pentagon is reportedly weighing a straightforward but strategic move: renaming its combat operations against Iran. The goal is to provide President Trump with greater flexibility as tensions in the region remain high and a fragile ceasefire hangs in the balance. Following the conclusion of “Operation Epic Fury,” which achieved …

The Japanese yen is once again under intense pressure as USD/JPY moves toward the 160 level, a zone widely seen as a critical threshold for both markets and policymakers.This level is not just a round number in trading—it has become a psychological and policy trigger point where volatility tends to …

Fresh US inflation data is raising new concerns across global markets, as persistent price pressures and geopolitical tensions continue to complicate the outlook for interest rates, energy prices, and economic growth.Inflation in the United States accelerated in April, fueled in part by higher oil prices linked to the ongoing conflict …

The US dollar hits multi-day high on inflation shock. Rising 0.43%, to 98.313, the dollar strengthened sharply, reaching its highest level in several days as stronger-than-expected inflation data reshaped expectations for the Federal Reserve’s next move. The currency index tracking the dollar against major peers climbed on the back of …

Key Takeaways Headline CPI accelerates: U.S. consumer prices rose 3.8% year-on-year in April — beating both forecasts and March’s reading. Monthly pace eases: Month-on-month CPI slowed to 0.6% from March’s 0.9%, matching expectations. Core inflation surprises higher: Core CPI accelerated to 2.8% year-on-year, topping the 2.7% forecast. Monthly core hot …

Key Takeaways Futures retreat: S&P 500 futures fell 0.1% to 7,427.0, Nasdaq 100 futures dropped 0.3%, while Dow futures held flat. Record close achieved: The S&P 500 closed at an all-time peak of 7,412.87, with the Nasdaq Composite at 26,274.13 and Dow at 49,704.34. Chip rally cooling: Strength in chipmaking …

Key Takeaways Broad sell-off: The Stoxx 600 fell 1.2%, Germany’s DAX dropped 1.4%, the U.K.’s FTSE 100 shed 1.1%, and France’s CAC 40 slid 1.1%. Trump’s grim warning: The president said the U.S.-Iran ceasefire is on “massive life support.” Verbal blast continues: Trump called Iran’s counteroffer “unacceptable” and “a piece …