Military action in southern Iran triggers supply concerns, reversing Monday’s 7% oil price decline on peace deal hopes. Brent crude futures jumped 2.34% to $98.39 per barrel in early Asian trading Tuesday after the U.S. military struck Iranian missile sites. The attacks re
The US Dollar Index rises to 99.10 as investors seek safety amid broader market uncertainty. The US Dollar Index (DXY) extended gains, trading above 99.00 at 99.10 during Asian trading hours. The move follows a rebound from modest losses in the prior session, driven by ren
Sri Lanka hikes rates to combat inflation Sri Lanka raised its overnight policy rate by 100 basis points to 8.75% due to surging oil prices and a weakened rupee. The central bank cited elevated global oil prices and rising inflation as the primary drivers of the rate
XAG/USD declines amid geopolitical tensions and inflation concerns, pressuring expectations for prolonged tight monetary policy. Silver prices fell to $76.40 per troy ounce in Asian trading on Tuesday, retreating from recent gains as US strikes in southern Iran heightened
AUD/USD trades at 0.7165 amid US-Iran tensions The Australian Dollar has declined against the US Dollar. The AUD/USD pair is trading in negative territory around 0.7165. Renewed tensions between the US and Iran are weighing on risk-sensitive currencies like
Renewed US-Iran tensions push the Australian Dollar lower against the USD amid heightened geopolitical risks. The AUD/USD pair fell to 0.7165 during Asian trading on Tuesday, pressured by escalating US-Iran tensions. The US military conducted strikes on Iranian missile sit
The currency pair remains close to a six-month high as geopolitical risks support the USD against the CAD. The USD/CAD pair continues its consolidative phase, trading near 1.3800 during Tuesday’s Asian session. The pair has held steady for two consecutive days, reflecting
Himino reaffirms the Bank of Japan's rate hike path but ties timing to Middle East risks and economic impact. Bank of Japan Deputy Governor Ryozo Himino reiterated the central bank’s commitment to raising interest rates, citing ongoing adjustments to monetary policy. The t
Four companies added $47.5 million in Bitcoin while Strategy and BitMine halted purchases last week, per data. Four public firms acquired 612 BTC, valued at $47.5 million, between May 18 and May 24. The purchases contrast with pauses by Strategy and BitMine, which halted B
Oil prices rise as supply concerns grow following US military action in Iran amid geopolitical tensions. West Texas Intermediate crude oil rebounded to $90.60 per barrel, recovering from four consecutive days of losses. The gain follows US military strikes in southern Iran
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