The yen fell from a more than two-month high on Friday after Tokyo reportedly conducted massive yen-buying, dollar-selling intervention to combat rising costs of living. Today's data showed Japanese inflation continuing to pick up amid support from elevated energy prices, especially as a resurgence

Crude prices retraced earlier gains on Thursday as Middle East oil tankers maintained their routes despite rising regional tensions and the broadening of the US-Iran conflict. Iran rejected an Omani proposal to share control of the strategic waterway, demanding total authority over inbound shipping

Market caution triggered a second consecutive week of net outflows from US equity funds, as investors braced for much anticipated mega-cap tech earnings and reacted to climbing oil prices. US growth equity funds recorded outflows of $8.55 billion, the largest in three weeks, while Value funds also s

The Australian dollar inched up on Thursday though a tanker was struck by an unknown projectile off Saudi Arabia and Washington threatened to bomb Iranian infrastructure. The labour market showed unexpected strength in June, blowing past consensus forecasts. This economic durability has convinced in

Wall Street's main indexes closed in negative territory on Monday, as market participants monitored diplomatic efforts to defuse Middle East tensions and braced for pivotal megacap tech earnings due later this week. According to a Reuters analysis, some active fund managers are already cutting back

The yen hovered close to its lowest level in nearly four decades on Wednesday as rising oil prices and Treasury yields pushed the dollar higher. The US has completed a fresh round of strikes against Iran. A Tuesday morning attack by Iran on a tanker in the Strait of Hormuz forced its crew to abandon

The Australian dollar dropped on Wednesday as hostilities flared anew in the Middle East. Iran targeted American forces in the Middle East with ballistic missiles, US Central Command said. Easing fuel costs helped temper Australian consumer price growth during the last quarter. Given underlying infl

Markets in Asia tumbled on Tuesday as AI frenzy was cooling. Shares of chipmaker Changxin Technology Group soared in their debut, making CXMT the most valuable China-listed company. Resilient exports cushioned weak domestic demand to sustain solid, though slower, industrial profit growth in China, u

The Trump administration has decided not to renew its trilateral trade pact with Canada and Mexico, instead opting to conduct annual reviews of the treaty. The decision had been widely anticipated. This decision ensures the USMCA remains active for another 10 years, assuming no member country withdr

Gold rose more than 1% on Monday after Trump paused attack on Iran to make space for talks. Advisers told the president they were running out of targets and expressed worries about depleting the arsenal. Rising interest rates and a robust US dollar have dulled the appeal of precious metals, while so

Crude prices stayed over $100 on Friday on flare-up in the Middle East. Trump said the US will hold Iran responsible for future Houthis attacks after the two Saudi oil tankers were attacked in the Red Sea. According to a Federal Register notice, the Trump administration is set to launch new tariffs

Sterling steadied on Monday after rising for three straight weeks as the US military continued its campaign aimed at destroying Tehran's ability to attack commercial shipping in the Strait of Hormuz. Britain's economy grew by 0.1% in May as expected. While an expanding services sector drove the mini

High-tech stock sell-offs in Asia triggered $46.1 billion in net foreign capital outflows from emerging market equities in June, marking the second month in a row that developing economies faced portfolio losses, the IIF report revealed. Foreign investors withdrew $30.5 billion from South Korean sto

US natural gas futures fell on Thursday due to a combination of rising domestic production, reduced LNG export flows, and a near-normal weekly inventory increase. LSEG data indicates Lower 48 natural gas production in July rose to 110.3 bcfd from 110.0 bcfd in June. This output remains just below th