RARE PHOTOS: 35 | Rare Historical Photos

Aussie shares fall for fourth day as miners take hit

Mining stocks have fallen to their lowest levels in three months, but strength in other sectors has helped limit broader market losses.

AAP · Jul 9

Gold dips as Mideast hostilities revive inflation concerns

Gold prices experienced a decline on Thursday after recent drops. Renewed hostilities between the United States and Iran fueled inflation worries. Higher interest rate expectations also pressured the non-yielding precious metal. Central banks worldwide are monitoring inflation and economic growth forecasts. Other precious metals like silver, platinum, and palladium saw…

The Economic Times · Jul 9

Dollar stands tall as Gulf tensions fuel oil price surge, Fed hike bets

The U.S. dollar held firm against major currencies on Thursday. Renewed Gulf tensions revived safe-haven bids, boosting the dollar's strength. Surging oil prices also fueled rate hike bets, keeping the yen under pressure. The Japanese yen struggled near a 40-year trough against the dollar. U.S. Treasury yields rose as markets…

The Economic Times · Jul 9

Strait of Hormuz Crisis: Oil Surges 6% After Iranian Forces Attack Three Tankers, Prompting US Retaliation

Oil prices surged over 6% following attacks on tankers in the Strait of Hormuz, causing U.S. stocks to retreat amid fears of escalating tensions between Washington and Tehran.

International Business Times UK · Jul 8

India's 10-year bond logs worst day in 3 months on faltering Iran deal

India's benchmark bond faced a dramatic decline, its most significant drop in over three months, primarily driven by a surge in oil prices linked to geopolitical tensions. This alarming rise in crude prices threatens India's economic growth and inflation forecast, leading to a substantial uptick in bond yields and swap…

The Economic Times · Jul 8

Stock Market Today: S&P 500, Dow, Nasdaq Futures Fall as Trump Says Iran Ceasefire Is 'Over'— Saratoga, Exxon Mobil, Levi's Strauss In Focus (UPDATED)

(Editor’s note: The ETFs data was updated.)

Benzinga · Jul 8

Global Market: Euro zone bond yields hit near one-month high as oil surge fuels ECB rate hike bets

Euro zone government bond yields reached their highest levels in nearly a month. This rise followed a sharp jump in oil prices and heightened inflation concerns. Geopolitical tensions escalated after the United States and Iran exchanged military strikes. Money markets now price in more interest rate hikes by the European…

The Economic Times · Jul 8

Global Market: Japanese bond yields climb to multi-decade highs amid inflation and fiscal concerns

Japanese government bond yields surged to multi-decade highs as investors grew concerned over persistent inflation, rising government spending and uncertainty over the future path of Bank of Japan monetary policy. The benchmark 20-year JGB yield climbed to its highest level since 1996, reflecting growing worries about Japan’s fiscal outlook and…

The Economic Times · Jul 8

Why Hormuz windfall may prove short-lived for oil refiners

Global refining margins have hit record highs, greatly benefiting producers. Yet, while fuel prices remain elevated due to tight inventories, this lucrative period for refiners may soon come to an end as crude prices are anticipated to rise.

The Economic Times · Jul 8

IndiGo, HPCL, other oil sensitive stocks plunge up to 5% as US strikes on Iran lift crude prices

Oil-sensitive Indian stocks tumbled significantly after US airstrikes on Iran. Crude oil prices climbed as sanctions on Iranian sales were reinstated. These events reignited concerns over Middle East stability and potential supply disruptions. Shipping through the Strait of Hormuz remains vulnerable, impacting global energy supply routes. Analysts expect oil inventories…

The Economic Times · Jul 8