Brent Crude Rebounds to $68 as OPEC+ Talks and Middle East Tensions Drive Oil Prices

Oil prices have seen short-term fluctuations recently due to geopolitical tensions, but overall remain range-bound. Brent crude has rebounded to around $68 per barrel, as market attention shifts toward the upcoming OPEC+ meeting in July…

Pound Strengthens on Economic Data and Inflation Support as Markets Eye Bank of England Governor’s Speech and Geopolitical Risks

The euro has been losing ground against the British pound in recent days, as the pound finds support from solid UK economic data and persistent inflationary pressure. All eyes are now on Bank of England…

Trump Pressures Fed, Sends Dollar Tumbling—Tech Stocks and Gold Surge, Shifting Asset Allocation Strategies

Former President Trump ramped up pressure on the Federal Reserve, sparking concerns over the central bank’s independence in shaping monetary policy. In response, the U.S. dollar index plunged to a three-year low. The weakening dollar…

U.S. Consumer Confidence Falls to 93 in June Amid Rising Economic and Job Market Concerns

In June, U.S. consumer confidence unexpectedly dropped to 93.0—the lowest level in recent years—highlighting growing concerns about the economy and job market. Uncertainty surrounding trade policies and declining expectations are putting pressure on consumer sentiment,…

Powell’s Congressional Testimony Signals Fed May Hold Rates Steady Until After September

Federal Reserve Chair Jerome Powell’s latest testimony to Congress indicates that the central bank is adopting a wait-and-see approach on interest rates, with no immediate plans to cut. Persistent inflation pressures and evolving trade tensions…

US-Europe Trade Tensions Escalate: Trump Proposes 50% Tariff on EU Goods, EU Retaliation Could Hit Global Markets and Hong Kong Stocks

Trade tensions between the U.S. and Europe are heating up, as former President Trump threatens to impose tariffs of up to 50% on European goods. In response, the European Union is preparing retaliatory tariffs targeting…

Fed Officials Divided: Bowman Backs July Rate Cut as Futures Price In Over 60% Chance for September Move

A growing divide is emerging within the Federal Reserve as Governor Michelle Bowman signals support for a potential rate cut in July—marking a sharp contrast to Chair Jerome Powell’s more cautious stance. With inflation cooling…

Trump Announces Ceasefire Between Israel and Iran – A Step Toward Peace or Calm Before the Storm?

Former U.S. President Donald Trump announced on Truth Social that Israel and Iran have reached a preliminary ceasefire agreement, set to take effect in phases starting at midnight on Monday. The announcement has drawn global…