Oil Prices Climb as U.S.-Iran Negotiations Stall Over Strait of Hormuz
Crude rose in early Asian trading after reports of no progress in U.S. and Iran talks aimed at reopening the Strait of Hormuz, a crucial oil shipping lane.
Crude rose in early Asian trading after reports of no progress in U.S. and Iran talks aimed at reopening the Strait of Hormuz, a crucial oil shipping lane.
WTI and gasoline futures rose sharply as Middle‑East supply worries intensified, the dollar weakened, and new data on inventories and production added to market volatility.
Gold’s price has risen for two consecutive days after expectations of a Federal Reserve rate increase weakened, which has put downward pressure on the U.S. dollar and lowered the cost of bullion for buyers.
The Thai baht’s recent gains could be temporary, with experts warning that the Bank of Thailand is likely to keep an accommodative stance amid high oil costs that pressure the domestic economy.
U.S. equity index futures showed minimal movement on Sunday following a subdued week on Wall Street, with investors looking for clues from the Federal Reserve on future interest‑rate policy.
UK betting exchange Smarkets is simultaneously seeking a CFTC license and state sportsbook permits in the U.S., citing legal uncertainty over federal preemption and the growing role of sports contracts in its trading volume.
The Irish government has released its first national AML/CFT strategy, adding stricter rules on private wallet transfers, overseas crypto firms and gambling funding, and setting a timetable to introduce industry standards by 2027.
The Trump family’s crypto‑focused firm has secured a preliminary license from the Office of the Comptroller of the Currency to operate as a trust bank, a milestone that could broaden the company’s reach into traditional banking services.
Japan’s benchmark index edged higher after preliminary second‑quarter GDP figures fell short of expectations, prompting speculation that the Bank of Japan may keep rates unchanged.
Dubai‑based exchange Bybit has introduced USDT‑settled pre‑IPO perpetual contracts for robotics firm Unitree and AI startup Moonshot AI, adding to its growing TradFi lineup of over 200 products.
Binance research shows Gen Z allocating a rising share of equity activity to ETFs while trading less often and using less leverage than older cohorts.
The earnings call transcript for Arlo Technologies (ARLO) for the second quarter of 2026 is currently not accessible. Investors can still gauge performance from other sources, but the missing transcript limits direct insight.
Crude rose in early Asian trading after reports of no progress in U.S. and Iran talks aimed at reopening the Strait of Hormuz, a crucial oil shipping lane.
UK betting exchange Smarkets is simultaneously seeking a CFTC license and state sportsbook permits in the U.S., citing legal uncertainty over federal preemption and the growing role of sports contracts in its trading volume.
Dubai‑based exchange Bybit has introduced USDT‑settled pre‑IPO perpetual contracts for robotics firm Unitree and AI startup Moonshot AI, adding to its growing TradFi lineup of over 200 products.
Gold’s price has risen for two consecutive days after expectations of a Federal Reserve rate increase weakened, which has put downward pressure on the U.S. dollar and lowered the cost of bullion for buyers.
The Thai baht’s recent gains could be temporary, with experts warning that the Bank of Thailand is likely to keep an accommodative stance amid high oil costs that pressure the domestic economy.
Oil markets gained as diplomatic talks between Iran and Oman stalled, while Houthi rebels announced an assault on a Saudi refinery, heightening geopolitical risks that could influence currency movements.
The Irish government has released its first national AML/CFT strategy, adding stricter rules on private wallet transfers, overseas crypto firms and gambling funding, and setting a timetable to introduce industry standards by 2027.
Binance research shows Gen Z allocating a rising share of equity activity to ETFs while trading less often and using less leverage than older cohorts.
The Trump family’s crypto‑focused firm has secured a preliminary license from the Office of the Comptroller of the Currency to operate as a trust bank, a milestone that could broaden the company’s reach into traditional banking services.
Stock
WTI and gasoline futures rose sharply as Middle‑East supply worries intensified, the dollar weakened, and new data on inventories and production added to market volatility.
Stock
U.S. equity index futures showed minimal movement on Sunday following a subdued week on Wall Street, with investors looking for clues from the Federal Reserve on future interest‑rate policy.
Stock
Japan’s benchmark index edged higher after preliminary second‑quarter GDP figures fell short of expectations, prompting speculation that the Bank of Japan may keep rates unchanged.
Stock
The earnings call transcript for Arlo Technologies (ARLO) for the second quarter of 2026 is currently not accessible. Investors can still gauge performance from other sources, but the missing transcript limits direct insight.
Indicative FX reference rates against the US dollar. · Updated 18 Aug, 00:02 UTC