Oil futures fall over 4% to $79.50 as a US-Iran agreement reopens the Strait of Hormuz, a key global energy chokepoint. West Texas Intermediate crude futures slid more than 4% to near $79.50 in European trading Monday after the US and Iran finalized a deal to reopen the St
Key currency option expiries at 1.1600-1.1625 for EUR/USD and 160.00 for USD/JPY could limit volatility amid broader market drivers. EUR/USD option expiries at 1.1600 and 1.1625 levels may constrain price action today, though they lack technical significance. Broader dolla
Lagarde highlights emerging secondary inflation pressures, signaling continued scrutiny of services sector data. European Central Bank President Christine Lagarde indicated the bank has begun observing second-round inflation effects, suggesting persistent price pressures b
Wholesale prices fell 0.6% in May due to energy tax reduction The monthly decline in wholesale prices is attributed to the reduction in energy tax rate on petroleum products, which decreased by 7.3%. The wholesale price index rose 5.9% year-over-year, driven by a 3
Exploit targets abandoned DeFi bridge, highlighting risks of immutable, unsupported blockchain protocols. Hackers exploited Aztec Connect’s deprecated smart contract, siphoning $2.1M in assets. The privacy-focused layer-2 rollup was abandoned in March 2023, with deposits h
A stranded LNG vessel chartered by India resumes movement following a US-Iran deal, easing supply concerns after three months of delays. An LNG tanker chartered by India’s Petronet has crossed the Strait of Hormuz after being stranded for over three months due to de facto
The currency pair climbs 0.35% as geopolitical tensions ease following a reported agreement between Washington and Tehran. The GBP/USD pair advanced 0.35% to 1.3460 in late Asian trading on Monday, extending a week-long rally. The move follows reports of a breakthrough dea
The currency pair climbs 0.35% as a US-Iran agreement boosts market sentiment ahead of key UK and US data releases this week. The GBP/USD pair advanced 0.35% to 1.3460 in late Asian trading on Monday, extending a week-long rally. The move follows a US-Iran deal announcemen
A breakthrough agreement between the US and Iran boosts risk appetite, lifting the Euro to its highest level in weeks. The EUR/USD pair climbed to 1.1610 in early European trading on Monday, extending gains after reports of a US-Iran deal to reopen the Strait of Hormuz. Th
A breakthrough US-Iran agreement to reopen the Strait of Hormuz lifts market sentiment, driving the Euro higher against the Dollar. The EUR/USD pair climbed to near 1.1610 in early European trading Monday, supported by reports of a US-Iran deal to reopen the Strait of Horm
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