Forex
Israeli airstrikes in Gaza kill two, including child, amid ceasefire tensions
Two Palestinians, including a 4-year-old boy, were killed in Sunday airstrikes in central Gaza, while Israel reported targeting a Hamas militant. Casualties rise to over 1,280 since October 2025 ceasefire.
Magnitude 5.9 earthquake strikes Hokkaido, Japan
No immediate reports of damage or casualties following the tremor, which struck at a depth of 46 km, according to the EMSC.
Pakistani Army Chief to visit Iran on Monday amid regional mediation efforts
Iran's foreign ministry confirms visit by Pakistan's top general as Islamabad seeks to broker peace between Tehran and Washington. Timing underscores ongoing regional diplomacy.
Zelenskiy says wartime elections would 'destroy' Ukraine
President warns elections during active conflict would destabilize the state as 57% of Ukrainians oppose voting before war ends. Poll shows 60% approval for his leadership despite pressures.
Humanoid robots race faster than humans but face dexterity test
At the World Humanoid Robot Games in Beijing, robots outperformed human records in sprints, but struggled with tasks like cable connection. Huawei-backed event highlights both speed and practical limitations.
Ukraine claims Russia plans to recruit 300,000 new soldiers
Kyiv cites post-election mobilization plans as Russian forces advance in Donbas and air strikes escalate. Ukraine also warns of potential retaliation against economic targets.
Iran warns Gulf states against joining U.S. sanctions amid Hormuz closure
Tehran threatens retaliation if neighbours back Washington’s planned measures, as Strait of Hormuz remains largely closed. New gas discovery adds to regional tensions.
Iran dismisses U.S. sanctions threat as ‘desperate’ amid regional tensions
Tehran rejects Washington’s vow of ‘toughest sanctions in history’ after U.S.-Israel strikes, while global oil flows through the Strait of Hormuz remain disrupted.
Dollar outlook hinges on UST buybacks and Fed credibility, BofA says
Stronger U.S. Treasury buybacks and policy credibility concerns weigh on the greenback, with gold and franc outperforming as investors reassess dollar fundamentals.
U.S. Treasury’s bond buyback plan weakens dollar, boosts gold and franc
Fed and Treasury credibility underpin dollar outlook as U.S. boosts long-term bond repurchases to $4 billion per operation through early November. BofA targets NZD/USD at 0.62 amid RBNZ hike bets.
Iran warns neighbors against U.S. sanctions as Hormuz Strait remains closed
Tehran threatens retaliation against regional states joining Washington's new sanctions; Hormuz oil flows remain disrupted amid escalating tensions. Trump administration to unveil measures Monday.
BCA Research advises selling U.S. dollar against won, yen, euro
BCA Research recommends shorting the greenback versus the South Korean won, Japanese yen, Taiwan dollar, Singapore dollar and euro, citing falling U.S. real yields and weaker foreign portfolio inflows.
BCA Research urges dollar sales against won, yen, euro and others
Firm cites current account surpluses, fading US yield premiums and shifting foreign equity flows as reasons to reduce dollar exposure across five currencies.
Japan’s Trade Gap Shrink Signals a Subtle Shift for the Yen
A 23% export surge helped narrow Japan’s July trade deficit, but the impact on the yen and BOJ policy is more nuanced than a simple rally.
Humanoid robots outpace humans in sprints but struggle with plugging cables
At Beijing's World Humanoid Robot Games, robots outperformed human records in sprints while competing in industrial and domestic tasks, highlighting progress and persistent challenges in autonomous robotics.
Japan’s July trade deficit narrows to $4.01 bln as exports rise 23.2%
Trade gap shrinks to 634.58 billion yen, below forecasts, as shipments of chemicals, electronics and autos accelerate. Imports jump 27.8% on energy and AI-linked demand.
U.S. imposes 50% tariffs on $20 billion of Canadian goods after talks fail
Duties target plywood, alcoholic beverages and hockey gear; crude oil, potash and critical minerals exempt. Canada vows 'dollar-for-dollar' retaliation as negotiations collapse.
Canada to retaliate dollar-for-dollar after U.S. tariffs imposed on $20 bln in goods
Ottawa matches Washington’s 50% tariffs on Canadian products after trade talks collapse, targeting steel, dairy and electronics. U.S.-Canada bilateral trade totaled $880 billion in 2025.
Dollar recovers after nearing three-month low as Treasury steps in
U.S. currency steadies after sharp declines, supported by Treasury buyback expansion and cooling bond yields. Geopolitical risks and oil prices remain key drivers.
Pound seen rising as yield gap with euro widens, UBS forecasts
UBS expects sterling to strengthen against the euro to 0.85 by late 2027, citing a 1.5 percentage point yield advantage and fading risk premiums. ECB’s final hike in September may reinforce the trend.
U.S. Treasury buybacks fail to curb global bond selloff as yields near multidecade highs
Treasury’s $4 billion buyback program provides only temporary relief as 30-year yields approach 19-year peaks amid fiscal deficits and hawkish central bank signals.
Dollar hits 3-month low as yen steadies after intervention; Treasury steps in on bonds
The U.S. currency fell to its weakest since May as Treasury intervened in long-dated debt markets, while the yen stabilized after Tokyo’s prior intervention. Regional currencies diverged amid oil price surges and divergent growth outlooks.
Yen intervention by U.S. Treasury Secretary Bessent sparks debate on policy shift
The yen’s recent gains follow joint U.S.-Japan intervention, but analysts question whether the move signals a lasting policy reversal amid persistent undervaluation and structural headwinds.
Gold surges to $4,456 as technicals flash overbought signals
Spot gold hits record highs near $4,456.55, with traders eyeing key resistance at $4,510 as RSI drifts lower and momentum indicators show early signs of fatigue.