Category
Commodities, FX & Rates
8 articles
Geopolitical tensions in the Middle East are significantly impacting commodity markets, driving oil prices higher as the US increases troop deployments and potential strikes against Iran. Brent crude has surged, pushing prices above $102 per barrel and prompting discussions of potential export bans for diesel. Simultaneously, the Japanese yen is facing downward pressure as Tokyo's inflation data exceeds expectations, reviving speculation of further Bank of Japan rate hikes, while the US dollar strengthens to a multi-month high. These developments underscore heightened risk premiums and potential inflationary pressures, requiring investors to carefully monitor geopolitical developments and central bank responses.
Oil Prices Edge Higher on US Military Deployment
Brent futures rose to $102.55 per barrel, up 0.2%, while WTI reached $92.92, up 0.1% on Friday.
Prices surged $4 for Brent and $2 for WTI on Thursday after reports of a US aircraft carrier deployment
Hong Kong Index Down 3% Ahead Jobs
Asian equities were mixed as investors awaited U.S. non‑farm payrolls, with bond yields and oil prices influencing risk appetite.
Hong Kong's Hang Seng Index fell 3% to ~23,900 points, its steepest 11
Rupee Slides 0.39%; Brent Over $100
Indian equity markets were closed on Friday, October 2, 2026, for the Gandhi Jayanti holiday, halting Nifty and Sensex trading.
The USD/INR rose to 96.489, a 0.39% increase, adding pressure on dollar‑
Japanese Yen Firm Up on Strong Tokyo CPI
The yen slipped 0.1% as Tokyo's headline and core CPI rose to their highest since November 2025, outpacing forecasts.
Stronger inflation revived bets that the Bank of Japan will raise rates further af
Brent Rises 4% on US Troop Surge
Brent crude futures for December rose 4.6% to $102.58 per barrel after reports of US troop increase and planned Iran strikes.
WTI November contracts gained 3.1% to $93.18 per barrel, while September B
Gold Gains 0.5% as Treasury Yields Fall
Gold spot rose 0.5% to $4,177.25/oz, futures up 0.1% to $4,207.55/oz, aided by Treasury bond rally.
US 10‑year yield fell 6.5 bps to 5.246% and 30‑year to 5.616% as bond market halted steep sell‑off.
US Dollar Peaks 102.03, Euro Slides 0.7%
US dollar index rose 0.6% to 102.03, its highest since April 9, 2025, driven by inflation concerns.
Euro fell 0.7% to $1.1243, its worst day since June 17, after France unveiled a 2027 budget targetin
India August 2026 WPI Inflation Rises to 9.92%
India's wholesale inflation accelerated to 9.92% YoY in August 2026 from 9.78% in July, with the all-commodities index rising to 110.8.
Fuel and Power inflation surged to 22.93% while Primary Articles