Fed

Gold holds near highs as Strait of Hormuz standoff keeps markets on edge

Global commodity markets opened the week in a cautious but elevated posture on August 17, as the ongoing crisis in the Strait of Hormuz continued to underpin safe-haven demand for gold and keep oil prices elevated. Iran's position barring transit…

European stocks snap four-week winning streak on oil surge, Iran tensions

European equities closed lower on Friday, with the STOXX 600 snapping a four-week winning streak as surging crude oil prices driven by escalating U.S.-Iran tensions and a surprise drop in American retail sales weighed on sentiment across the region.

Yuan hits 3.5-year high as US inflation data weighs on dollar

China's yuan strengthened to its highest level against the US dollar in more than three years on Thursday, as softer-than-expected US inflation figures weighed on the greenback and tempered expectations for further Federal Reserve tightening.

Gold retreats from $4,300 as Iranian strikes revive rate hike fears

Gold prices rallied to their highest level in seven weeks this week, briefly surpassing $4,300 an ounce, as a potential Iran-Oman agreement on reopening the Strait of Hormuz combined with soft US employment data to cool expectations of Federal Reserve…

Yen drifts back toward 158 as US-Japan intervention gains fade

Less than a week after Washington and Tokyo stunned currency markets with their first coordinated intervention to support the yen since 1998, the Japanese currency is already giving back its gains, drifting back toward 158 per dollar and raising doubts…

Emerging Asian markets fall for third session on AI anxiety

Emerging Asian markets extended their losing streak to a third consecutive session on Thursday as persistent concerns over the artificial intelligence trade continued to batter tech-heavy indices in South Korea and Taiwan, while a divided Federal Reserve added to investor…

Yen stuck near 40-year low even as oil tumbles on Iran pause

The Japanese yen remained pinned near a four-decade low on Monday, trading around 162-163 per dollar, even as oil prices tumbled and the dollar weakened broadly following a pause in U.S. strikes on Iran. The muted yen response underscored growing…

Global bond yields hit highest since 2008 ahead of Fed, BOE, BOJ decisions

Government bond markets around the world are enduring their most severe selloff in nearly two decades as surging oil prices reignite inflation fears, pushing average yields on the Bloomberg Global Treasury Index to 3.68% — the highest since the 2008…

Record bond fund outflows as oil tops $100 on Red Sea attacks

Brent crude surged back above $100 a barrel this week after Iran-aligned Houthi militants attacked two Saudi oil tankers in the Red Sea, triggering a global bond market selloff that has pushed yields across major economies to levels not seen…

Brent crude briefly tops $100 as Middle East attacks rattle oil and bond markets

The bond market sell-off deepened on Thursday as Brent crude briefly topped $100 per barrel for the first time since late May, driving U.S. Treasury yields higher and intensifying fears that energy-driven inflation will force the Federal Reserve to raise…

Gold edges higher as U.S.-Iran strikes enter 10th night

Gold edged higher on Wednesday, July 22, with spot prices climbing toward the $4,120 range, as the escalating conflict between the United States and Iran continued to drive safe-haven demand while simultaneously complicating the outlook for Federal Reserve policy.

Dollar holds near one-week high as Iran ceasefire proposal emerges

The U.S. dollar index held steady near a one-week high on Tuesday, trading around 100.96 as escalating hostilities between the United States and Iran continued to underpin safe-haven demand for the greenback, even as emerging ceasefire proposals offered some counterbalance.

Dollar heads for weekly drop as inflation data curbs rate-hike bets

The U.S. dollar steadied near a one-month low on Thursday as escalating military hostilities between the United States and Iran kept oil prices elevated, offering the greenback a floor of safe-haven support even as soft inflation data weighed on rate-hike…

Yen edges higher on intervention warning, cooler US inflation

The Japanese yen edged higher against the US dollar on Thursday as Finance Minister Satsuki Katayama repeated her warning that Tokyo stands ready to act on currency moves, while softer-than-expected US inflation data dampened expectations of a Federal Reserve rate…

IMF warns oil market buffers are nearly exhausted amid U.S.-Iran escalation

Renewed U.S. military strikes against Iran and the reimposition of a naval blockade on Iranian ports have sent oil prices climbing again this week, as the International Monetary Fund warned that the cushions that shielded the global economy from the…

Gold slips below $4,000 as oil-driven rate fears mount

Gold prices fell below $4,000 per ounce on Thursday for the first time in weeks, as surging crude oil prices driven by escalating U.S.-Iran tensions kept interest rate expectations elevated, overshadowing softer inflation data. The decline extended a months-long retreat…

Dollar near one-month low as U.S.-Iran strikes roil markets

The escalating military confrontation between the United States and Iran sent shockwaves through global financial markets on Thursday, with the dollar hovering near a one-month low and oil prices climbing for a fourth consecutive day as investors assessed the growing…

Dollar falls against yen after June CPI data

The Japanese yen held near multi-decade lows against the dollar on Tuesday, hovering around 162 per dollar as traders weighed mixed signals from Tokyo on pension fund allocations and braced for a pivotal US inflation report.

Yen holds near 40-year lows as markets brace for US CPI

The Japanese yen held steady on Tuesday as traders weighed lingering intervention risks and recent government comments on pension fund allocations, while the broader dollar paused ahead of a pivotal US inflation report and remarks from Federal Reserve Governor Christopher…

Copper, base metals slide as US-Iran crisis reignites

Base metals including copper came under pressure on Monday as a fresh escalation in US-Iran hostilities reignited concerns about global economic growth and the outlook for industrial demand. The pullback in growth-sensitive commodities came after Iran again declared the Strait…

Gold slips as U.S.-Iran conflict fuels rate hike fears

Gold prices headed for a decline in early Asian trading on Monday as the escalating U.S.-Iran conflict created a paradox for precious metals: geopolitical risk that would typically support bullion was instead being overshadowed by a stronger dollar and expectations…

Oil steadies for weekly gain as U.S.-Iran fighting disrupts shipping

Oil prices fell sharply on Thursday as investor concerns over persistent inflation and its implications for interest rates outweighed the geopolitical risk premium driven by renewed U.S.-Iran hostilities. The pullback came just a day after crude surged more than 5%…

USD/JPY snaps four-day rally as US-Iran conflict roils markets

The USD/JPY pair edged lower on Thursday, snapping a four-day winning streak as escalating military exchanges between the United States and Iran unsettled currency markets already on edge over potential Japanese intervention. The pair traded just below mid-162.00s during the…

Global stocks head for best week since May after weak U.S. jobs data

Global equity markets were poised for their strongest weekly performance since early May on Friday, as softer-than-expected U.S. jobs data eased fears of an imminent Federal Reserve rate hike, sending relief through stock and commodity markets worldwide.

Gold nears $4,200 as weak jobs data eases Fed hike fears

Gold rallied sharply on Thursday, breaking above $4,100 per ounce after a disappointing June employment report undercut expectations for further Federal Reserve interest rate increases. The move snapped what had been the metal's longest weekly losing streak since mid-2023 and…

Dollar posts best quarterly gain of 2026, rattling global currencies

The U.S. dollar closed out the second quarter of 2026 as the foreign exchange market's standout winner, gaining 1.4% against a basket of major currencies, according to Reuters. The greenback's advance — buoyed by a hawkish Federal Reserve pivot and…