Inside the trading desks that surfed 12 days of oil market mayhem
Oil traders are picking up the pieces from a 12-day rollercoaster ride that saw prices surging and tumbling in the most manic period of oil trading since Russia invaded Ukraine in 2022
Five risks for US stocks that cloud the outlook for the second half
The recent bounce is not enough for many institutional investors, who cite a litany of risks confronting equities
Bessent says push for trade deals could wrap up by September 1
Earlier Tuesday, Trump suggested that India was one nation that could be close to finalizing a deal.
Howard Lutnick says US-China trade truce signed, 10 deals imminent
The China deal, which Lutnick said had been signed two days ago, codifies the terms laid out in trade talks between Beijing and Washington, including a commitment from China to deliver rare earths used in everything from wind turbines to jet planes.
Foreign investors pull $1 billion from Indian debt in June
FIIs pulled $1.06 billion from Indian debt in June amid global risks and narrowing yield spreads, though short-term bond picks hint at selective optimism.
US merchandise-trade deficit unexpectedly widens on exports drop
The shortfall in goods trade grew 11.1% to $96.6 billion, Commerce Department data showed Thursday.
Dollar slips as Trump considers naming next Fed chair early
The latest headlines on Powell add another element of risk to the dollar and US Treasuries, which are both already under pressure from uncertainties around the impact of tariffs and a ballooning fiscal deficit.
Shell says not in discussion with rival oil firm BP for takeover: Report
The deal, if done, would have been the largest corporate deal this year, according to WSJ
Trump says three or four people on list to replace US Fed’s Jerome Powell
Trump did not name his potential replacements for the central banker nor did he lay out a timeline for a decision. Powell’s term as chair ends in May 2026
From coders to bystanders: Is Indian IT missing the GenAI train?
Accenture’s latest results have sent Indian IT stocks into a tailspin, but the real concern lies deeper than just weak outsourcing numbers. The sector’s inability to engage meaningfully with Generative AI poses a far bigger challenge.
Jerome Powell says higher inflation outlook keeping US Fed on hold for now
Powell’s remarks before the House Financial Services Committee come on the heels of the Fed’s decision last week to leave interest rates unchanged in a range of 4.25%-4.5%
US Fed chair to signal no rush for rate cuts despite Trump pressure
The Fed has a duty to prevent a one-time spike in prices from becoming an "ongoing inflation problem," Powell said
US stocks head toward record as geopolitics fail to derail rally
Equities have been remarkably resilient over the past two months as the S&P 500 bounced sharply from April lows, putting it 2% away from its record high.
Chart of the Day | Strait of Hormuz at risk, what a blockade means for oil prices, the world economy
Iran’s move to potentially block the Strait of Hormuz—through which 20 percent of the world’s oil flows—has triggered global alarm. As tensions soar following US airstrikes, the stakes for global energy security and economic stability have never been higher
Gold set to surge as geopolitical tensions intensify
In 2025 so far, gold has gained over 25 percent, while silver has risen more than 24 percent—highlighting growing investor appetite for precious metals amid rising uncertainty
Crude poised for sharp surge amid geopolitical volatility
So far in June, crude prices have rallied 24 percent to reach $75 per barrel, building on a 4 percent gain in May. The Strait of Hormuz—a strategic chokepoint that handles nearly 20 percent of global oil flows—is now at the center of concern, with markets pricing in potential supply disruptions.
Rupee set to open weak amid tensions in West Asia; RBI likely to step In
On June 20, Indian rupee closed at 86.60 a dollar, down 0.2 percent from its Thursday's close of 86.73 a dollar. So far in June, the rupee weakened 1.2 percent while so far in 2025 it has fallen 1.1 percent.
Indian markets poised to open lower amid escalating geopolitical tensions
On June 20, markets closed sharply higher, with the Sensex gaining 1.29 percent or 1,046.30 points to close at 82,408.17, while the Nifty 50 rose 1.3 percent or 320 points to end at 25,112.4.
Stocks struggle, oil up for 3rd week as Trump weighs US action on Iran
Overnight, Israel bombed nuclear targets in Iran, and Iran fired missiles and drones at Israel as a week-old air war intensified with no sign yet of an exit strategy from either side.
Japan's core inflation hits 2-year high, keeps rate-hike bets alive
The data underscores the challenge the Bank of Japan faces in juggling pressure from sticky food inflation and risks to the fragile economy from uncertainty over President Donald Trump's trade policy.
China keeps benchmark lending rates unchanged as expected in June
Most new and outstanding loans in China are based on the one-year LPR, while the five-year rate influences the pricing of mortgages.
US futures pare losses as Trump weighs Iran role
Contracts for the S&P 500 were down around 0.3% from Wednesday’s close in early Asia hours, compared with a 0.9% drop on Thursday when US markets were closed for the Juneteenth holiday.
Iranian missiles likely hit Tel Aviv Stock Exchange: Quick facts on Israel’s capital market
Established in 1953, the Tel Aviv Stock Exchange (TASE) is Israel’s principal securities exchange, located in Tel Aviv-Yafo. It currently lists over 470 equities, 900 corporate bond series, more than 200 government bond series, and 1,200 mutual funds.
MC Analysis: India’s gold reserves hit record high as central banks hedge dollar risk
RBI has dramatically raised its gold holdings, mirroring a worldwide pivot to safer, non-dollar assets
Asian stocks slide after US Fed’s inflation warning
MSCI’s regional gauge of shares was down 0.3%, as markets in Japan and Australia opened lower
