Breaking news from trusted financial sources. Central bank decisions, economic data releases, and expert analysis.
The European Union has implemented new sanctions targeting gold from Sudan, aiming to disrupt a key funding source for the ongoing conflict.
Australian business confidence notably improved in June, signaling a potential shift in economic sentiment among local enterprises.
The Japanese Yen's recent rally against the US Dollar has fully unwound amidst skepticism regarding potential shifts in GPIF asset allocation.
Two UAE-flagged tankers were reportedly hit by Iranian cruise missiles in the Strait of Hormuz, according to the UAE Ministry of Defence.
Gold experienced a decline, trading near $3,995 in early Asian session, influenced by rising US-Iran tensions and upcoming US CPI data.
UK retail sales growth eased in June, despite boosts from warm weather and sporting events, signaling a potential slowdown in underlying consumer demand.
RBNZ Chief Economist Paul Conway indicated the central bank is not considering tighter policy, anticipating inflation's return to 2% over the medium term.
Commerzbank analysis suggests China's economic trajectory is settling into an L-shaped stagnation, marked by regional divergence.
New Zealand's central bank chief economist emphasized a unanimous commitment to returning inflation to its 2% medium-term target.
Iranian missiles struck two UAE tankers in the Strait of Hormuz, causing casualties and raising concerns about broader regional conflict.
A tanker reportedly struck by a projectile near Oman highlights escalating maritime risks, potentially impacting global shipping and oil markets.
New Zealand's central bank indicates potential for more interest rate hikes, citing persistent inflation pressures despite recent oil price declines.
OCBC strategists note a softer USD/SGD as the US Dollar consolidates, with upcoming economic data and Fed commentary influencing the pair.
Key economic data from New Zealand and China on Tuesday could offer insights into regional economic health and recovery narratives.
Major US stock indexes closed lower, with the tech-heavy Nasdaq experiencing the most significant drop amid broad-based selling pressure.
Renewed US sanctions and a blockade on Iran have significantly impacted global markets, particularly driving up crude oil prices.
The US Dollar Index advanced as geopolitical concerns in the Middle East spurred safe-haven demand and pushed crude oil prices higher.
DBS Group Research indicates Taiwan's AI-powered economic expansion is nearing its peak, with the sector remaining central to the island's tech focus.
Bank Negara Malaysia maintained its Overnight Policy Rate at 2.75% for the sixth consecutive meeting, signaling cautious optimism for growth.
Reports indicate explosions near Bandar Abbas in eastern Iran, occurring as regional tensions remain elevated, particularly after recent events.
Crude oil futures experienced their most substantial daily increase since late April, driven by heightened geopolitical events.
Crude oil prices saw a significant jump following reports of a US blockade on Iran and increased regional instability concerns.
Gold prices fell significantly on Monday following Federal Reserve Governor Christopher Waller's comments on potential interest rate hikes.
The British Pound weakened against the US Dollar as escalating Middle East tensions drove up oil prices, bolstering the greenback.
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