Forex
Brent oil falls 1% as Iran sanctions speculation eases prices
Brent crude drops to $93.22 per barrel as US-Iran tensions ease on economic sanctions outlook. WTI falls nearly 2% to $85.53 amid mixed signals from Tehran.
Pound weakens on dollar policy uncertainty, Iran sanctions jitters
Sterling slips 0.10% as U.S. dollar outlook sours on Iran sanctions and Treasury rhetoric; ING sees DXY consolidating near 98.50-99.00.
Iran warns of fines, detention for vessels violating Hormuz transit rules
Newly formed Iranian authority outlines penalties for non-compliant ships as U.S. prepares fresh sanctions targeting Tehran's trade partners.
USD faces persistent pressure as technical setups shape weekly forex trade
Analysts highlight key support levels and potential downside risks for the U.S. dollar amid mixed global macro signals. Trade setups suggest continued weakness unless critical levels hold.
Gold hits 76.36 RSI, nears historic peak after 3.31% rise above 20-day SMA
XAU/USD trades near $4,700 as technical indicators flash overbought signals, with aggressive short targets set at $4,640 and $4,558.
USD/JPY stuck in 158-159.78 range as US curve tensions persist
Yield differentials with Japan and Treasury’s efforts to cap long-end borrowing costs keep the dollar-yen pair range-bound. Fed’s Warsh faces a policy dilemma ahead of Jackson Hole.
U.S. Southern Command strikes suspected drug-trafficking vessel in Pacific
Operation kills two individuals identified as 'narcoterrorists' after military intelligence confirmed vessel's involvement in trafficking. Strike follows recent regional interdiction efforts.
U.S. military strikes alleged drug vessel in eastern Pacific
Two individuals identified as 'narco-terrorists' were killed in the operation, which Southcom said targeted a vessel actively involved in drug trafficking.
Canadian dollar weakens 0.2% after US trade talks collapse
Canada retaliates with matching tariffs after Washington imposes 50% duties on $20bn of goods. Oil prices fall ahead of US sanctions on Iran.
GSK’s bepirovirsen wins Japan approval as first global hepatitis B cure
Japan’s regulator grants accelerated approval for GSK’s antisense drug, targeting adults with chronic hepatitis B who have failed prior therapies. Global filings underway.
FDA grants priority review to GSK’s Jemperli for rectal cancer
GSK’s supplemental biologics license application for Jemperli in dMMR/MSI-H locally advanced rectal cancer accepted under priority review with a February 2027 PDUFA date.
Why the Dollar’s Three‑Month Lull Is a False Calm for Asian FX
The greenback’s near‑mid‑May lows have left Asian currencies perched on a knife‑edge, with policy divergences and trade frictions shaping the next move.
Asia FX steady as dollar hovers near three-month lows
U.S. dollar index trades little changed near mid-May lows; Canadian dollar rises after U.S. imposes 50% tariffs on $20 billion of goods. Oil prices slip over $1 a barrel.
Asian currencies steady as dollar nears three-month lows
Most Asian currencies held firm against the dollar on Monday, while the greenback hovered near its weakest level since mid-May. U.S.-Canada trade tensions and Treasury buybacks added to market focus.
Iran threatens US over 'economic war' and warns Gulf states
Tehran vows retaliation against Washington's planned sanctions and warns regional oil exporters against compliance, as US Treasury prepares to unveil measures targeting Iran's economy.
Markets await U.S. sanctions details as oil, bonds steady
Treasury Secretary Bessent to outline sanctions strategy at 2 p.m. EDT; oil slips 1.5% as Gulf risks rise. Nvidia earnings, Fed Chair Warsh at Jackson Hole also on deck.
Oil prices fall ahead of expected U.S. sanctions on Iran
Brent and WTI decline by over 1% as traders price in tighter supply risks from potential new U.S. measures against Tehran. Brent dropped to $93.17/bbl, WTI to $85.86/bbl.
Dollar steadies near multi-month lows as U.S. debt concerns weigh
The U.S. dollar held near its weakest levels since early 2025 as investors weighed fiscal pressures and policy signals from Washington and Tokyo. Canadian dollar slipped 0.2% after tariffs took effect.
U.S. to unveil sweeping sanctions on Iran as tensions escalate
Treasury Secretary Scott Bessent warns of a 'global pariah' designation for allies of Tehran. Iranian official vows oil exports will halt if economic pressure persists.
Oil prices slip as U.S. sanctions on Iran weigh on markets
Brent crude steadied near $93.50 per barrel while WTI fell over 1% after Washington imposed fresh restrictions on Tehran. New measures target oil exports via the Strait of Hormuz.
Sovereign AI push seen extending global AI investment cycle: Morgan Stanley
Government-led AI infrastructure drives may reinforce capital expenditure trends despite fragmentation risks, with U.S., China and ASEAN outlining distinct strategies. Morgan Stanley estimates U.S. AI capex at $860 billion in 2026.
Sovereign AI trend seen extending global AI capex cycle beyond 2026
Morgan Stanley projects U.S. AI capital spending to reach $860 billion in 2026 as governments prioritize domestic infrastructure. Fragmentation accelerates investment in data centers, semiconductors and cloud capacity.
Iran warns U.S. of economic retaliation amid escalating sanctions
Tehran cautions Washington over potential blowback from stricter trade restrictions, as Trump administration prepares to unveil sweeping measures. Iranian officials vow reciprocal measures against regional oil exporters.
Syria expects early resumption of Israel security talks despite mistrust
Syrian Foreign Minister Asaad al-Shaibani says Damascus seeks restart of stalled negotiations with Israel within weeks, citing U.S. pressure and regional stability goals. Talks collapsed after Israel’s 2024 occupation of Syrian territory.