The Japanese yen hovered near a key intervention threshold after the USD/JPY pair reached a 52 week high of 159.75, its strongest level since mid July 2024, as traders focused on upcoming policy decisions from the US Federal Reserve and the Bank of Japan. The move places the yen close to the 160 level,......
Morocco’s phosphate industry is expected to remain stable despite mounting pressure across global fertilizer markets, as geopolitical tensions disrupt supply chains and push up production costs for key inputs. Fitch Ratings said rising tensions in the Middle East, including disruptions linked......
Aurélie B., the former treasurer of French retail chain Kiabi, has been released from prison and placed under electronic monitoring after serving a year and a half behind bars. She remains under investigation for allegedly diverting 100 million euros through a complex financial fraud. Authorities......
Global tungsten prices have soared to record levels after China tightened export restrictions on the strategic metal, triggering supply shortages that are affecting defense and technology industries worldwide. The price of ammonium paratungstate, the main benchmark for tungsten trading, has climbed......
Global currency markets have entered a period of heightened turbulence as the conflict involving the United States, Israel, and Iran enters its third week, driving a key measure of foreign exchange volatility to its highest level since July 2025. The Deutsche Bank currency volatility indicator rose......
Oil prices climbed above 100 dollars per barrel on Monday as the conflict involving the United States, Israel, and Iran entered its third week, with a drone strike on the port of Fujairah in the United Arab Emirates intensifying concerns about global energy supply disruptions. Brent crude traded near......
Oil prices climbed above 100 dollars per barrel at the start of the week as the conflict involving the United States, Israel, and Iran entered its third week, raising concerns about prolonged disruption to global energy supplies. West Texas Intermediate, the main United States benchmark, rose to around......
Operations at several facilities belonging to the Indian steel giant JSW Steel are facing disruptions as growing gas shortages begin to affect industrial production across India. According to industry reports, limited supplies of natural gas have begun to impact the company’s steel processing......
US Treasury Secretary Scott Bessent described the recent economic and trade discussions with Chinese representatives in Paris as “constructive,” highlighting the stability of the bilateral relationship. Speaking to reporters after two days of meetings, Bessent emphasized that the talks demonstrated......
JPMorgan Chase Private Bank has warned clients that sustained oil prices above 90 dollars per barrel could trigger a correction of 10 to 15 percent in the S&P 500, as the ongoing conflict between the United States and Iran continues to disrupt global energy markets. In a note written by executive......
Moneta Money Bank, one of the Czech Republic’s leading lenders, announced that it expects to meet its profit targets for 2026 despite global economic uncertainties, including geopolitical tensions in the Middle East. CEO Tomas Spurny told Reuters that diplomatic developments in the region are......
The German services workers' union Verdi has called for a strike at Berlin Brandenburg Airport on Wednesday amid ongoing disputes over wages and working conditions with public-sector employers. The union said in a statement that during the second round of negotiations, the employers presented a......
Asian financial markets opened lower Monday as investors prepared for another volatile week, with oil prices remaining above 100 dollars per barrel and no clear end to the conflict between the United States and Iran that has effectively disrupted shipping through the Strait of Hormuz. Futures tied to......
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