May 29, 2026 10:38 AM

Global oil eyes weekly drop on Hormuz deal hopes; AI sends stocks to record highs

World stocks stood at record highs on Friday and oil futures eyed the steepest weekly drop for nearly two months as traders waited for details on a potential deal to reopen the Strait of Hormuz and extend the U.S.-Iran ceasefire. Sources told Reuters that the U.S. and Iran have reached an agreement to extend their ceasefire and lift restrictions on shipping, though U.S. President Donald Trump has yet to approve it and Iranian state media said it had not been finalised. Moves in the Asia mornin...

May 25, 2026 10:05 AM

Global stocks rise sharply, oil and dollar slip on Middle East peace hopes

Stocks surged on Monday while the U.S. dollar ​and oil prices slid as the prospect of a deal to end the Iran war buoyed risk appetite although a lack of clarity ‌over when the Strait of Hormuz would open kept enthusiasm in check. The nearly three-month-long conflict in the Middle East has driven energy prices sharply higher and reshaped the global rates outlook, as inflation concerns intensify following Tehran's effective shutdown of the key strait through which a significant share of the w...

May 19, 2026 9:22 AM

Global stocks mostly ease with tech shares while oil prices climb to two-week high

Major stock indexes mostly eased as technology shares fell on Monday, while Brent oil prices climbed to a two-week high as investors assessed whether there will likely be progress soon to end the Iran war. Longer-dated U.S. Treasury yields were nearly flat after climbing to their highest level in over a year in overnight trading. Sovereign bond yields have risen sharply recently as investors worry the war in Iran that began in late February may bring a lasting inflationary shock. Energy costs,...

May 7, 2026 9:28 AM

Global stocks hit records on tech earnings, oil slide from prospect of Iran deal

Stocks surged to fresh records and oil prices dropped on Wednesday after a report that the United States and Iran are closing in on an agreement to end their war, while momentum in AI-driven trades accelerated. Brent crude, the global benchmark, initially plunged to just below $100 per barrel, its lowest in two weeks, given the importance of oil passing through the Strait of Hormuz. Brent settled 7.83% lower at $101.27 a barrel. U.S. West Texas Intermediate crude fell about 7%, to $95.08. On W...

April 29, 2026 10:14 AM

Global Stocks retreat on Iran, AI concerns as Fed meeting looms

Markets got off to an uneven start in Asian trading on Wednesday as worries about the Iran conflict and health of the AI sector dominated ahead of the Federal Reserve's decision and earnings from tech megacap stocks later in the session. MSCI's broadest index of Asia-Pacific shares outside Japan eased 0.2%, retreating for a second day from record highs set on Monday, led by declines for Taiwanese chipmakers. Japanese markets were closed for a holiday. S&P 500 e-mini futures EScv1 nudged up...

April 28, 2026 10:03 AM

Global Stocks steady, yen firms after BOJ holds rates

Stocks held their ground on Tuesday as investors weighed the geopolitical tumult in the Middle East, while the yen firmed after the Bank of Japan held rates steady but the split voting underscored worries over inflation because of the war. The BOJ, in an expected move, held short-term rates steady at 0.75% but three on the nine-member board proposed hiking borrowing costs, signalling the central bank's concerns over inflationary pressures from the Middle East conflict. Markets will now foc...

April 7, 2026 9:31 AM

Stocks struggle, oil jumps as Trump’s Iran deadline looms

Global stocks wavered on Tuesday, while oil prices were perched near $110 per barrel as the prospect of escalation in the war in the Middle East and the looming deadline for a deal to be reached kept nervy investors on the sidelines. Markets have been rattled since the U.S.-Israel war on Iran broke out at the end of February, with Tehran effectively closing the Strait of Hormuz, a key global oil transit chokepoint that has spurred inflation worries. While investors have pinned their hopes on a...

April 2, 2026 9:24 AM

Global Stocks sink, oil surges as Trump vows to keep hitting Iran

Global markets recoiled on Thursday as war jitters over Iran deepened, with stocks sliding, oil surging and the dollar firming after U.S. President Donald Trump dashed hopes for clarity on when the Middle East conflict might end. Trump said in a prime-time address that the U.S. would hit Iran "extremely hard" within weeks, claiming military goals were nearly achieved and the conflict was close to ending. The front-month Brent contract for June jumped about 5% to $106.16 per barrel after invest...

February 2, 2026 3:17 PM

Global Stocks slide as silver rout unleashes hefty selling

Global shares fell on Monday, as a sudden, massive selloff in precious metals forced investors to ditch other assets to cover any losses, right ahead of a week packed with corporate earnings, central bank meetings and major economic data. Silver was headed for its biggest two-day loss since at least the 1980s, falling another 7% on top of Friday's 30% plunge. Dealers said pressure on a number of silver futures funds in China added to the rout late last week, which was exacerbated on Monday by ...

January 30, 2026 10:09 AM

Global stocks tumble on bets Kevin Warsh is Trump’s Fed pick

Stocks slumped while the dollar and bond yields shot up on Friday after U.S. President Donald Trump said he has firmed his choice for new Federal Reserve boss, with reports zeroing in on Kevin Warsh as the likely pick. While Warsh, a former Fed Governor, is seen as an advocate of lower interest rates, he is also considered to be one of the less radical choices among the various names that have been raised and perhaps more cautious on heavy monetary stimulus than others. MSCI's broadest index o...