Oil Prices
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financeBond Market Braces for Fed Rate Hikes as Jobs Data Looms
Traders pivot to rate hike bets ahead of May employment report. Key data on June 5 could confirm or challenge the dovish narrative.
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financeSouth Korea Inflation Hits 3.1% in May, Tops Forecasts
South Korea's CPI surged to 3.1% y/y in May, the highest in over two years, driven by rising oil prices from the Middle East conflict.
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financeDollar on Track for Weekly Loss on US-Iran Ceasefire Reports
The dollar weakens on reports of a US-Iran ceasefire deal, with oil prices falling and safe-haven demand waning.
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worldUS Stocks Rebound on Iran Deal Hopes as Oil Prices Drop
US stocks reversed losses after reports of progress in US-Iran talks, causing oil to drop nearly 5% to $94 a barrel.
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cryptoGold Steady as US-Iran Truce Curbs Inflation Fears
Gold holds near $4,700 as a tentative US-Iran agreement to remove mines from the Strait of Hormuz offers hope for a durable ceasefire and easing inflation.
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financeBank of Korea Chief Signals Hawkish Turn as Inflation and Won Pressures Mount
New BOK governor Shin Hyun Song hints at rate hikes to combat inflation and a weakening won, as two board members dissent.
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cryptoIran Strikes US Airbase After Trump Dismisses Hormuz Deal
Iran's Revolutionary Guard attacked a US airbase on May 27-28, escalating the Strait of Hormuz crisis after Trump rejected a reported deal.
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worldOil Prices Surge After New US Strikes on Iran
Oil prices spike after US attacks Iranian military site near strategic Strait of Hormuz, threatening global supplies.