Gold hits near 2-month high as Middle East conflict boosts safe-haven demand
Spot gold was little changed at $3,428.89 an ounce, as of 0508 GMT, after hitting its highest level since April 22 earlier in the session
Rupee opens 8 paise down at 86.18/USD as Middle East tensions grow
The conflict in the Middle East increased the prices on the crude oil posing risk to India's retail inflation
Gold edges toward record high as Middle East war drives haven bids
The precious metal climbed as much as 0.6% in Asia to near $3,450 an ounce, about $50 short of an all-time peak set in April
Asia stocks climb, oil jumps on Israel-Iran conflict
The Nikkei 225 index was up around 0.8%, leading gains in the region. Brent crude rose as much as 5.5% in early trading
How trade disruptions, Israel-Iran conflict will affect global central banks' decisions next week
From Washington to London, wary officials in countries that account for two fifths of the global economy may display a collective sense of paralysis
Stocks sink, oil jumps as Mideast tensions build
The S&P 500 lost over 1%, wiping out this week’s advance. Airline and travel companies tumbled, while energy producers and defense shares rose.
Business in the Week Ahead: June 16-20, 2025
Central banks of Japan, US and the UK will meet separately to decide on interest rates.
Quick Take: Geopolitical tensions to keep risk premium elevated
Markets worldwide are reeling under what analysts are calling "Black Friday" - the financial turmoil triggered by Israel's attack on Iran. While equity markets tumble, oil and gold prices surge as investors brace for a new phase of global uncertainty.
Oil outlook in flux as analysts revise views after Israel strike
Brent crude jumped more than 13% following the attacks, which targeted Iran’s nuclear program and military capabilities, in a major escalation in tensions between two major military powers that risks spiraling into a regional war.
US Congressional stock trades spike during Trump’s tariff turmoil, reigniting calls for trading ban
Lawmakers and their families made more than 700 trades amid market chaos triggered by Trump’s Liberation Day tariffs
Wall Street reacts to Trump-Musk spat and what’s next for Tesla shares
Tesla Inc.’s stock plummeted 14% on Thursday after a rift over Trump’s proposed tax legislation exploded into an all-out public feud
Asian shares edge up, dollar dips before US jobs data
Shares in Hong Kong and China fluctuated after Donald Trump held a call with China’s President Xi Jinping and agreed to further trade talks.
Japan 30-year bond auction sees weakest demand since 2023
Disappointing demand at sales of 20-year and 40-year bonds late last month exposed investor concern about a lack of appetite for longer tenors, sending a fresh warning to the government that it may need to rethink issuance plans.
Dollar edges down as trade tensions simmer ahead of jobs data
The Trump administration has given a Wednesday deadline for countries to submit their best offers on trade, the same day a doubling of duties to 50% on imported steel and aluminium comes into effect.
OPEC+ agrees on third oil supply surge to deepen price slump
The hike follows equally sized increases scheduled for May and June, marking a clear break with years of efforts by the group to support global oil prices.
Stock futures jump, Dollar gains on tariff ruling
Asian shares rose and contracts for the S&P 500 and Nasdaq 100 gained 1.6% and 2%. Equities in Japan and South Korea also advanced at the open.
FX hedging cost drop sparks debate on Asian bond protection bets
Three-month forward implied yields for dollar-won have fallen to around 1.7% this week, the lowest level in more than two years, signaling plummeting hedging costs for South Korean bonds.
US banks tiptoe toward crypto, awaiting more green lights from regulators
Wall Street giants that had been largely blocked from many crypto activities by strict regulations are poised to grow quickly
‘This could be India’s moment’, says Raghuram Rajan, suggesting a red carpet push for global capital
With global investors looking beyond the US, Rajan urges India to seize the moment with proactive reforms and long-term policy clarity.
Trade war's impact, key growth indicators: How global economy will shape up next week
US trade-policy fingerprints are expected to become more apparent as soon as next month, according to many economists
Kraken launches tokens to offer 24/7 trading of US equities
Tokenization refers to the process of issuing digital representations of publicly-traded securities.
US stocks ‘astronomically complacent’ about trade war, says CLSA
Even with the trade war hanging over markets, the S&P 500 sits less than 5% off its record high from February, and close to the median year-end forecast of strategists tracked by Bloomberg.
Wall Street tumbles as rising yields spook investors; UnitedHealth shares crash 5%
Tech giants Apple and Amazon also lost more than 1 percent each, under pressure from the jump in yields.
Jamie Dimon warns markets are underestimating geopolitical, inflation risks
Dimon said the chances of elevated inflation and stagflation are greater than people think, cautioned that America’s asset prices remain high and said that credit spreads aren’t accounting for the impacts of a potential downturn.
