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Australia’s 10-year government bond yield rose toward 5.4%, near its highest level since mid-2011, tracking a global bond selloff fueled by strong US economic data, higher oil prices, and hawkish central-bank expectations. Strong US business activity has increased expectations for another Fed rate hike, pushing Treasur
The Australian dollar weakened to around $0.70, hitting its lowest in seven weeks after the latest labor market figures tempered expectations of further interest rate hikes. The jobless rate rose to 4.6%, above forecasts of a steady 4.5% and the highest since late 2021, while the economy added 39,500 jobs versus a pred
Japan's 10-year bond yield jumps to 3.06%, highest since August 1996 Treasury Secretary Bessent says Washington and Beijing reach deal to extend trade truce Australian down 1.2% to a more than three-month low By Rocky Swift TOKYO, Sept 24 (Reuters) — Debt markets were on edge on Thursday, as Japanese bonds followed Tre
The S&P 500 and Nasdaq closed sharply higher, boosted by AI chipmaker Advanced Micro Devices reaching a $1 trillion valuation. Treasury yields retreated from recent highs, and crude prices tumbled to an 11-day low amid speculation about Middle East peace talks.
() -- (Updated prices in the second paragraph) West Texas Intermediate (WTI) crude oil edged higher on Thursday, even as supply concerns continue to ease with tankers stranded in the Persian Gulf since the start of the Iran war resuming transit through the Strait of Hormuz. WTI crude oil for August delivery closed up 0
Global equities fall to a two-week low as tech sector weakness weighs on risk sentiment, with declines in Apple and concerns over OpenAI delaying its IPO
Donald Trump Jr. credits his father's diplomatic push towards an Iran deal for a sharp drop in oil prices, predicting relief for American drivers
Gold's price movement may be determined by Thursday's inflation report as it balances the effects of a hawkish Fed and progress in US-Iran peace talks
Iran has agreed to allow IAEA inspectors back into the country and will use any unfrozen assets to purchase US farm goods
Global oil prices decline as US and Iran near cease-fire deal, potentially increasing oil supply. This could impact energy markets.