KYIV, July 20 (Reuters) – President Volodymyr Zelenskiy met some of Ukraine’s top military commanders on Monday to try to ease growing discontent with the defence leadership that has triggered the largest street protest…
Gold price edges down some 0.19% on Monday as hostilities between the US and Iran extended, following a short-lived truce that began after both countries agreed to a ceasefire, which was broken nine days ago. At the tim…
AUD/USD trades around the 0.7000 area on Monday, holding near recent highs after recovering from last week’s decline. The Australian Dollar (AUD) remains supported by limited US Dollar (USD) demand, although rising geop…
EUR/USD edges lower on Monday after reversing earlier gains as markets swing between risk-on and risk-off sentiment. At the time of writing, the pair trades around 1.1408, easing from an intraday high of 1.1449.
The US Dollar Index (DXY) edges higher on Monday as heightened tensions in the Middle East drive demand for the safe-haven Greenback. At the time of writing, the index, which tracks the Greenback’s value against a baske…
One of Africa's most ambitious energy infrastructure projects has finally been signed off at the highest level, with West African leaders formally endorsing the long-awaited Nigeria-Morocco Atlantic Gas Pipeline.
United Overseas Bank’s (UOB) Quek Ser Leang reports GBP/USD slipping but lacking strong downside momentum, with intraday trade expected between 1.3420 and 1.3475. The prior bullish view has faded after a break of 1.3450…
The Pound Sterling reverses course and turns negative on the day as Andy Burnham is named the new Prime Minister and reassures that he will stick to the fiscal rules set by the former Chancellor, Rachel Reeves, who just…
Royal Bank of Canada’s (RBC) Abbey Xu notes that Canadian inflation eased in June, with Consumer Price Index (CPI) slowing to 2.8% year-over-year and energy prices reversing part of their earlier surge. Underlying measu…
Chinese online retail giant AliExpress has been fined a record â¬550m (£467m) by the EU for allowing the sale of illegal products such as unsafe toys and counterfeit clothes.
One of Africa's most ambitious energy infrastructure projects has finally been signed off at the highest level, with West African leaders formally endorsing the long-awaited Nigeria-Morocco Atlantic Gas Pipeline.
Silver (XAG/USD) trades on the front foot on Monday as buyers defend the $55.00 mark after the metal briefly slipped below it on Friday, touching its lowest level since December 2025. At the time of writing, XAG/USD tra…
TD Securities expects the Federal Reserve to keep the Fed funds rate unchanged through 2026, as inflation stays above target and the labor market stabilizes. The bank notes a mixed Fedspeak backdrop, a blurrier reaction…
Bus drivers in the West Midlands have spoken out about the “horrendous” working conditions they have experienced during heatwaves, which led to 40C temperatures in their cabs.
The United Kingdom entered a new period of political uncertainty after Rachel Reeves stepped down as Chancellor of the Exchequer as part of the first cabinet reshuffle led by newly appointed Prime Minister Andy Burnham.
BNY’s Geoff Yu sees Latin American currencies underpinned by strong balance-of-payments positions and attractive carry, even as global equity nerves rise. Yu notes that conflict-era inflows have created a solid buffer a…
Gold (XAU/USD) shows marginal gains on Monday, as the US Dollar recovery stalled and Oil prices pulled back from highs. The precious metal remains capped below a descending trendline resistance, but downside attempts re…
Brown Brothers Harriman’s (BBH) Elias Haddad expects the ECB to leave rates at 2.25% this week after June’s 25 bps hike, maintaining a data-dependent stance without new projections. Markets fully price a September hike …
BNY’s Geoff Yu notes that Iran’s signals of continued military response alongside active mediation keep the Middle East conflict in a managed but unstable phase. This backdrop leaves Oil prices higher after recent strik…
In his first speech as prime minister, Andy Burnham has promised to give people more "breathing space" to help with the cost of living.
BNY’s Geoff Yu argues that Euro (EUR) assets show emerging value as the European Central Bank (ECB) holds policy and inflation pressures ease, but stresses that Purchasing Managers’ Index (PMI) data and earnings must co…
ING’s Chris Turner notes that deteriorating Gulf headlines and higher energy prices are keeping the Dollar supported, even if US Dollar Index (DXY) remains about 1% below its June peak. Softer United States (US) Consume…
West Texas Intermediate (WTI) US Oil trades around $81.30 on Monday at the time of writing, down 0.54% on the day as investors take some profits following the commodity's sharp rally in recent weeks. Despite the modest …
The US stock market surge today is not just about one earnings beat or one piece of economic data. It is the product of a very strange, very specific moment in financial history — where geopolitical chaos, an oil shock,…