Brent crude rises 5% on week to $97.25 Brent crude is trading at $97.25, about 5% up on the week, as fresh hostilities between the US and Iran cast doubt on a fragile ceasefire. The US military announced self-defence strikes on Iranian Qeshm island, following reports
The Indonesian Rupiah (IDR) continues to face severe downward pressure as a combination of domestic policy uncertainty and a hostile global environment dampens sentiment toward the Asian currency. Despite aggressive defensive measures from Bank Indonesia (BI), including a
DBS Bank’s Philip Wee highlights that USD/JPY is trading around 160, a level where intervention risk remains high. He notes US Treasury comments on excessive volatility, Japan’s Finance Ministry readiness to act, and expectations for a 25 bps Bank of Japan hike to 1% in Ju
It's been twice now that the pair has hit 159.99 today before pulling back just a little bit. Since the second week of May, it has been one-wary traffic for USD/JPY in moving back up to near the 160.00 mark Despite intervention from Japan's ministry of finance, the
Prior 47.9 More to come.. Most Popular investingLive Asia-Pacific FX news wrap: Gulf escalation, yen jitters, & biggest IPO ever The US proposed tariffs of at least 10% on imports from around 60 countries under a Section 301 forced-labour probe, with higher 12.5% levies ta
British Pound: Range trading with soft tone against US Dollar – UOB UOB strategists Quek Ser Leang and Lee Sue Ann describe GBP/USD price action as range-bound after a brief drop to 1.3407, expecting the pair to edge lower toward 1.3430 while keeping 1.3405 as distant
Highwood Asset Management (HAM:CA) announced it has entered into a definitive asset purchase and sale agreement to divest its Wilson Creek assets to Obsidian Energy (OBE) for total consideration of up to $112 million. Under the terms of the agreement, Highwood Newsletters
Bloomberg Odd Lots Host Says This May Be the "Coldest Crypto Winter Ever" Bloomberg Odd Lots host Joe Weisenthal said in his newsletter that this may be the "coldest crypto winter ever." He argued that crypto faces multiple narrative pressures, including fading "we're still...</p
Franklin Templeton says Wall Street fears blockchain because it threatens its profits Jenny Johnson, Franklin Templeton's CEO, said blockchain and crypto threaten a huge number of business models that exist today in traditional finance. What to know: - Franklin Templeton C
OCBC maintains a gradual easing outlook for oil prices into late 2026 despite near-term support from geopolitical tensions. Brent crude fell below $100 per barrel on ceasefire optimism but remains underpinned by elevated geopolitical risks and vulnerability in the Hormuz S
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