[MARKET UPDATE] Oil prices extend on the prior day's rally with WTI above USD 80/bbl following US-Iran escalation and with Trump reinstating the Iranian blockade, while he touted a 20% Hormuz fee, and there were also reports of Saudi-Yemen attacks
Australian Westpac Consumer Confidence Index (Jul) 83.9 (Prev. 80.6)
PBoC is expected to set USD/CNY mid-point at 6.7927 (prev. 6.7972)
[MARKET UPDATE] Oil prices extend on the prior day's rally with WTI above USD 80/bbl following US-Iran escalation and with Trump reinstating the Iranian blockade, while he touted a 20% Hormuz fee, and there were also reports of Saudi-Yemen attacks
Iraq's PM says that the government plans to significantly increase oil production within three years
Saudi Arabia reportedly conducts assault on Yemen and is flying over the Saada province, according to Tasnim
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
Related headlines
- [MARKET ANALYSIS] DXY is little changed ahead of inflation data later in the week and despite the US announcing an import ban on some Canadian goods as trade war escalates1 hour ago
- US senior Trump administration official says President Trump approved series of proclamations on Canada trade measures, with ban on dairy, most alcohol and motorcycle imports from Canada under Section 338 with restrictions effective in about 3 weeks5 hours ago
- PRE-MARKET AUSTRALIAN, JAPANESE AND SOUTH KOREAN STOCKS NEWS: Samsung Electronics (005930 KS)** - Co. opened an AI chip R&D hub in Yokohama to collaborate with Japanese companies on advanced semiconductor packaging4 hours ago
- US Market Wrap: Stocks fall and crude gains amid escalating geopolitics 8 hours ago
- CRUDE WRAP: WTI (V6) SETTLES USD 1.55 HIGHER AT USD 93.03/BBL9 hours ago
- [MARKET ANALYSIS] Oil prices are underpinned after US and Iran conducted a fresh round of retaliatory strikes2 hours ago
- US Secretary of State Rubio says that President Trump has a desire to reach an agreement with Colombia on tariffs6 hours ago
- US President Trump says directing the GSA, working with the USTR, to take all necessary steps to remove Canadian-origin products from GSA’s Multiple Award Schedules unless Canada restores full and fair reciprocity for American farmers and companies7 hours ago
- [MARKET ANALYSIS] T-note futures are little changed after yesterday's indecisive mood and with key inflation data due later this week1 hour ago
- PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: TSMC (2330 TT) plans to adopt ASML’s high-NA EUV lithography equipment for high-volume manufacturing from 20303 hours ago
- [MARKET ANALYSIS] Asia-Pac stocks trade mixed with the region partially shrugging off the weak US lead following a fresh exchange of US-Iran strikes and escalation in the US-Canada trade war1 hour ago
- PBoC sets USD/CNY mid-point at 6.7709 vs Exp. 6.7042 (prev. 6.7804)3 hours ago
- PBoC is expected to set USD/CNY mid-point at 6.7042 (prev. 6.7804)4 hours ago
- US Treasury Secretary Bessent says markets are not efficient and are run by humans, who make mistakes, adds the treasuries narrative in August was that the sky is falling and the narrative was absurd7 hours ago
- [MARKET UPDATE] Asia-Pac stocks begin mostly higher with the region shrugging off the weak lead from Wall St, where all major indices declined on return from the long weekend amid rising oil prices and ongoing geopolitical escalation4 hours ago
- IRGC says it attacked two US vessels, eight oil vessels and ten violating ships with the intention of crossing the prohibited and unsafe area of the Strait of Hormuz2 hours ago
- US Central Command says their forces destroyed five Iranian crude oil carriers on Tuesday after the IRGC targeted a US Navy warship with ballistic missiles twice over the past two days6 hours ago
- US Secretary of State Rubio warns every time Iran tries to hit US Navy ships, they will lose tankers6 hours ago
- Iran launched at least 20 missiles at bases in Jordan with the Al-Salti and Prince Hassan bases targeted, according to SNN6 hours ago
- Iran has launched missiles at targets in response to US strikes, while unofficial sources cited by Tasnim noted that explosions were heard in Jordan following Iranian missile attacks6 hours ago
The whole workspace, free to try.
Try it free