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Oil Passes $95 as US-Iran Strikes Escalate Again
Brent crude rises to $95.60 after fresh overnight strikes near Strait of Hormuz push supply disruption concerns to new high
Finance
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Global Bond Selloff Deepens as Japan Yield Hits 3% Since 1996
UK gilts surge to 5.25%, US Treasuries hit 4.79%, German Bunds reach 3.35% as energy inflation…
Wall Street Closes August in Red as Iran Strikes Fuel Rate Fears
Dow drops 374 points as US-Iran conflict pushes oil above $90 and Warsh hawkishness lifts rate…
Oil, War and Rate Hikes Tear Up the Central Bank Playbook
Oil above $90, sticky inflation, and a hawkish Fed chair force markets to rewrite their assumptions…
US-Canada Trade War Hits $27.6B as 50% Tariffs Kick In
Trump invokes Section 338 for first time since 1940s, imposing 50% tariffs on Canadian goods. Canada…
Gold Surges Past $4,700 as Central Banks Buy Record 289 Tonnes
Gold rallies from $4,000 to $4,700 in August as record central bank buying, $40 trillion US…
Japan Spends Record $96.5B to Defend Yen Against Dollar
Tokyo deploys 15.4 trillion yen in record monthly FX intervention as yen hits four-decade low, with…
Oil Holds Above $83 as Russia Supply Fears Mount
WTI crude at $83 as Ukrainian strikes hammer Russian export capacity while Iran-Oman deal offers glimmer…
Warsh Delivers Pivotal First Jackson Hole Speech
Fed Chair takes the podium at 10am ET as divided FOMC, hot inflation, and surging bond…
July PCE Tops Forecasts as Warsh Heads to Jackson Hole
Fed's preferred inflation gauge rose 0.2% in July, above the 0.1% forecast, holding at 3.7% YoY…