Global shares, bonds bounce as oil skid offers inflation relief

July 27, 2026 9:03 AM

Global shares, bonds bounce as oil skid offers inflation relief

Share markets rallied in Asia on Monday as a pause in fighting in the Gulf dragged oil prices sharply lower, easing inflation risks and boosting bonds ahead of a packed week of central bank meetings and corporate earnings. Iran said on Sunday it would halt its own attacks as long as the United States did the same, with the U.S. military reportedly concerned about dwindling supplies of ammunition. Yet, Yemen's Iran-aligned Houthis had still attacked Saudi oil installations along the Red Sea coa...

Shares skid in Asia as oil climbs on Gulf conflict

July 13, 2026 10:28 AM

Shares skid in Asia as oil climbs on Gulf conflict

Share markets slid in Asia on Monday as fighting intensified in the Gulf and Iran claimed to have closed the vital Strait of Hormuz, sending oil prices surging and rekindling inflation risks globally. The dollar rose with bond yields as investors narrowed the odds of a hike in interest rates from the Federal Reserve, just a day before Chair Kevin Warsh is due to face Congress for the first time in his new role. Inflation figures for June on Tuesday could show some cooling in the headline rate ...