Why are oil prices up today, and will Brent, US WTI crude futures continue to rise or fall in next few days? Full explainer on Gulf conflict, Strait of Hormuz risks and global marketsWhy are oil prices up today, and will Brent, US WTI crude futures continue to rise or fall in next few days? Oil prices climbed after new c...
Global Markets | Resilience Tested: Asian economies balance buffers against rising oil shockAsian economies are scrambling to manage an energy shock caused by the Iran war, with soaring oil prices and supply disruptions hitting the...
IndiGo flight lands in Guangzhou as airline resumes direct India-China servicesIndiGo and Chinese carriers have resumed direct flight services between India and China, including the Delhi-Guangzhou and Beijing-Delhi ro...
Rupee extends losing streak as Iran war jitters lift oil to $100The Indian rupee fell for the third consecutive session on Wednesday, as optimism about an end to the Iran war remained muted despite the U...
Dollar hangs near six-week lows as investors bet on Iran peace dealExpectations of a possible Iran peace deal kept the US dollar near six-week lows as investors shifted toward riskier assets amid easing geo...
GIFT Nifty signals a positive start; here’s the trading setup for the dayGoing forward, the 24,250–24,300 zone is likely to act as a crucial resistance band. A decisive move above this range could trigger a rally...
Indian rupee gains, hedging costs dip as oil price cool-off offers reliefA drop in oil prices boosted the rupee and reduced hedging costs, easing pressure on importers and improving currency sentiment.
Global Markets | Asian stocks track US rally on Iran peace pushAsian markets opened higher, mirroring Wall Street's positive trend. Hopes for further United States-Iran talks have boosted investor confi...
Dollar set for weekly drop ahead of US-Iran peace talksThe US dollar is experiencing its biggest weekly fall since January. Other currencies are strengthening as a Gulf ceasefire appears to be h...
Dollar kept aloft as another Trump deadline loomsThe dollar hovered near recent highs as traders awaited a U.S. deadline for Iran to open the Persian Gulf or face attacks. Escalating Middl...
Dollar strengthens as confidence recovers, Fed hike bets trimmedThe dollar held its ground in Asian trading as investors assessed de-escalation prospects in the U.S.-Iran conflict and scaled back expecta...
Dollar eases as Biden ends reelection bid; yuan steady after rate cutThe dollar weakened after Biden's withdrawal from the election race, while China's yuan remained stable despite a key interest rate cut. Ma...
Dollar steady ahead of jobs data, yen shines after Japan wage dataThe US dollar held steady against most major currencies on Friday, except the yen which rose sharply following Japanese wage data. Short-da...
China's yuan holds steady as corporates cling to dollarTraders said corporates and individuals are keeping more dollars on hand as investors bet on further policy easing after the central bank c...
- Yuan ends up; stability seen as China visit to US approaches
Spot yuan finished at 6.3150 on Tuesday, 15 pips stronger than Monday's close, after the central bank set a slightly stronger mid-point.
- Yuan hits fresh peak vs dollar, but falls on euro
China's yuan jumped against the dollar on Friday to its highest since a landmark 2005 revaluation but its broader gains were less impressiv...
- China yuan steady in spot, rises in NDFs on data
The yuan was little changed against the dollar in the spot market on Wednesday.