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Alan Greenspan, the influential economist who steered U.S. monetary policy during his five terms as chairman of the Federal Reserve under four presidents, died Monday, his wife said in a statement. He was 100. Greenspan helped shape modern American capitalism from the final years of the Cold War era through the dawn of the digital age. He presided over the ...

VANCE: YESTERDAY WAS A GOOD DAY FOR TALKS VANCE: HORMUZ IS OPEN VANCE ON IRAN TALKS: MADE A LOT OF GOOD PROGRESS VANCE: STRAIT IS OPEN VANCE ON LEBANON: WANT TO MAKE SURE HAVE PROPER COORDINATION VANCE ON IRAN TALKS: IRANIANS HAVE AGREED TO INVITE IAEA INSPECTORS BACK *VANCE: TECHNICAL TALKS WILL CONTINUE OVER COMING WEEKS *VANCE: I AM ABOUT TO GO HOME TO US *VANCE: TECHNICAL TEAMS WILL KEEP WORKING VANCE: WE WANT A REGIONAL CEASEFIRE || VANCE ON LEBANON: THIS IS A WORK IN PROGRESS || THIS WILL BE ONGOING CONVERSATION US VP Vance on Iranian assets: We wanted to set up a process that we can ensure funds help Iranians, not fund terrorism

Shipping through the Strait of Hormuz stalled over the weekend, according to maritime intelligence company Windward, after Iran announced it had again closed the world’s most important oil choke point. The update comes even as industry trackers showed Iranian tankers continued to sail through the strait, a narrow waterway that typically handles around 20% ...

The Euro initially fell on Friday to test support, where yet again, we have seen some interest in owning the Euro near the 1.14 level. The EUR/USD initially fell on Friday but has turned around to show signs of life, as we had gotten pretty negative over the last several days. And of course, we were heading into a weekend that also featured a holiday on ...

U.K. Prime Minister Keir Starmer announced Monday that he will stand down as Labour leader and prime minster, ending months of political turmoil and opening a contest to replace him. The announcement follows mounting pressure on the prime minister after Labour suffered heavy losses in local elections in May and faced an increasingly vocal rebellion from his ...

Gold rose over 1% on Monday, rebounding from a more than one-week low hit in the previous session, as Brent crude oil prices fell ​after Iran claimed progress in US-Iran peace talks, easing concerns around inflation and higher interest rates. Spot gold was up 1.2% at $4,209.03 per ounce, as of 0112 GMT. US gold futures for August delivery fell 0.5% to ...

Just in | Starmer Announces Resignation: Official Confirmation STARMER: WE PROVED PEOPLE WRONG BY CHANGING LABOUR PARTY UK's PM Starmer: The economy is stronger, wages rising faster.

UK PM KEIR STARMER'S CHIEF OF STAFF HAS ANNOUNCED TO NUMBER 10 STAFF HE IS RESIGNING *UK PRIME MINISTER KEIR STARMER TO GIVE STATEMENT ON HIS FUTURE

Israeli Foreign Minister: We will respect the ceasefire in Lebanon as long as Hezbollah does not violate it

Iran delegation heads to Tehran after Switzerland talks - IRNA

Throughout the week, markets responded positively to the US-Iran memorandum of understanding coming together, meaningfully pushing oil prices down and risk assets up, including a series of record highs for stocks. Whether this continues next week will be tested, among other things (please see publication link below), by Saturday’s statement from Iran that ...

ECB's Escriva: We need to monitor for second-round effect on wages

Iranian Foreign Ministry Spokesperson: We agreed in Switzerland on important steps to begin negotiations to reach a final agreement

Global financial markets shifted back into risk-off mode as renewed tensions between the United States and Iran undermined confidence in previously improving diplomatic relations. Concerns surrounding the Strait of Hormuz, one of the world’s most critical energy shipping routes, boosted crude oil prices and supported demand for traditional safe-haven ...

During the period from October 2025 through March 2026, Japan's economy had recovered moderately, although some weakness had been seen in part. Exports and industrial production had continued to be more or less flat as a trend, while they had been affected by the increase in U.S. tariffs. Corporate profits had remained at high levels on the whole, although ...

With Canadian inflation, Bank of Canada Governor Tiff Macklem and Fed Governor Christopher Waller all due to feature over the next 24 hours, USD/CAD enters a potentially pivotal period as we begin the new week. What really sticks out on the USD/CAD chart is just how strong the bullish trend has been since bottoming in early May, taking out all its key ...

Seasonally adjusted total billings in New Zealand were $4.7 billion in May-26. Annually, this was an increase of 5.1 percent from May-25 (Figure 1). • Seasonally adjusted domestic billings on New Zealand issued cards were $4.0 billion in May26, up 1.9 percent from April-26, and up 3.3 percent from May-25. • Overseas billings on New Zealand issued cards were ...

Last week, Kevin Warsh did his best to stay behind the curtain and deliver on his promise of a quieter Fed. The FOMC statement was cut by more than half, to 130 words; Warsh did not participate in the Summary of Economic Projections, which includes the dot plot, and at the press conference, he refused to elaborate on monetary policy or inflation beyond what ...

A joint statement from Qatari and Pakistani mediators confirmed the conclusion of constructive US-Iran talks in Switzerland, establishing a high-level political oversight committee and a strict 60-day roadmap to reach a final peace deal. According to a joint statement issued by the Qatari Foreign Ministry on behalf of mediators Qatar and Pakistan: • The ...

Iran’s foreign minister states that sanctions on oil and petrochemical exports are waived, the blockade has ended, frozen assets are partially released, and a large reconstruction program has started. *ARAGHCHI SAYS TALKS DELIVERED MAJOR PROGRESS TO END LEBANON WAR

AUD/USD enters a pivotal week as Australian and US inflation data test the pair's resilience around the 70c level. A growing case for an extended RBA pause contrasts with a hawkish Federal Reserve and elevated US inflation expectations. With key inflation and employment data due, traders may soon gain greater clarity on whether AUD/USD can stage a recovery ...

IRNA: Iran says the Swiss negotiations saw positive progress regarding the implementation of obligations by the other side. Iranian Foreign Ministry spokesperson says discussions included laying the groundwork for future negotiations toward a final agreement. Iran says the agreed text will be presented as the official document of understandings reached in 18 hours of negotiations. Iran's foreign ministry spokesperson: mechanism agreed for safe passage of ships through Strait of Hormuz

BoJ Deputy Gov Himino: Delaying adjustment in monetary easing risks price overshoot BOJ DEPUTY GOV HIMINO: CENTRAL BANK TO CLOSELY WATCH EFFECTS OF HIGHER POLICY RATES ON FIRMS, FAMILIES ...

“Toy Story 5” has ignited the box office with $312 million globally, ranking as the largest opening weekend in Disney and Pixar’s storied animated series. Those ticket sales include $152 million overseas as well as $160 million domestically. The franchise’s prior record-holder was 2019’s “Toy Story 4” with $120 million internationally and $238 million ...

JAPAN FINMIN KATAYAMA DECLINES TO COMMENT ON SPECIFIC FX LEVELS BUT SIGNALS READINESS TO RESPOND APPROPRIATELY TO CURRENCY MOVES AT ANY TIME.

The ongoing threat of BOJ intervention and headline-driven environment created by peace negotiations in the Middle East have clouded the picture as to what's driving USD/JPY right now. That's evident across the correlation matrix above where relationships vary considerably across both markets and timeframes. However, one thing that stands out, at least over ...

Developments in the Middle East remained the key focus for markets into the end of last week. Iran delayed the start of negotiations with the US amid increased fighting in southern Lebanon, initially supporting oil prices and the US dollar before both retraced on news of a new ceasefire. US cash markets were closed for a public holiday, while S&P futures ...

President Trump raged at Iran Sunday, just as Vice President JD Vance was meeting with negotiators — warning that the US would hammer the Islamic Republic if it didn’t open the Strait of Hormuz and rein in its terrorist proxies. The most explicit warning was aimed directly at Tehran’s diplomats in Switzerland, “You won’t even make it back to your f–king ...

The headline in the Corrupt and Failing New York Times: “What Changed After Almost 4 Months of War? Analysts Say Not Much.” REALLY? Their Military is DONE, their Navy is GONE, their Air Force is GONE, their Launching Pads, Missiles, Drones and Manufacturing of same, is almost GONE, their top two sets of Leaders are GONE, their Inflation is at 250%, their Economy is BROKEN, their Soldiers aren’t being paid, the Hormuz Strait is OPEN, THE OIL IS GUSHING, and the U.S. Stock Market and Jobs are at record HIGHS. That’s what’s CHANGED, you corrupt and unethical cowards, and MORE!!! President DJT