Explore

Reuters Reuters
Asia shares slip, oil prices pile pressure on bonds

Asia shares slip, oil prices pile pressure on bonds

By Wayne Cole SYDNEY, May 18 (Reuters) - Asia share markets slipped on Monday as fresh drone attacks in the Gulf pushed up oil prices and bond yields, while the AI boom is set to be tested by earnings from tech-diva Nvidia this week.
Reuters Reuters
Oil touches 2-week high after drone attack on UAE nuclear power plant

Oil touches 2-week high after drone attack on UAE nuclear power plant

By Florence Tan SINGAPORE, May 18 (Reuters) - Oil prices extended gains on Monday as efforts to end the U.S.-Israeli war on Iran appeared to have stalled, after a nuclear power plant in the United Arab Emirates came under attack and as U.S.
Reuters Reuters
Asian shares fall as US yields hit one-year high

Asian shares fall as US yields hit one-year high

By Stella Qiu SYDNEY, May 15 (Reuters) - Asian shares came under pressure on Friday as investor euphoria over tech stocks gave way to inflation fears that saw Treasury yields spike to one-year highs and rising bets on a U.S. rate hike this year.
Reuters Reuters
Dollar poised for largest weekly rise in two months as Fed hike bets increase

Dollar poised for largest weekly rise in two months as Fed hike bets increase

By Rae Wee SINGAPORE, May 15 (Reuters) - The dollar firmed on Friday and was set for its largest weekly gain in more than two months, as rising energy prices and prolonged disruptions to shipping stoked inflationary pressures, boosting bets on a Federal Reserve rate hike this year.
Reuters Reuters
Nasdaq, S&P 500 futures tumble as yields jump on inflation worries

Nasdaq, S&P 500 futures tumble as yields jump on inflation worries

May 15 (Reuters) - Futures tracking the Nasdaq and the S&P 500 tumbled more than 1% on Friday, with an AI-driven rally in U.S. stocks poised to stall, as Treasury yields jumped on concerns about higher inflation driven by the Middle East conflict.
Reuters Reuters
Morning Bid: A bad case of the bond blues

Morning Bid: A bad case of the bond blues

By Anna Szymanski May 15 (Reuters) - Everything Mike Dolan and the ROI team are excited to read, watch and listen to over the weekend. From the Editor Hello Morning Bid readers! The long-awaited summit between U.S.
Reuters Reuters
Trump says Xi agrees Iran must open strait, China says war shouldn't have started

Trump says Xi agrees Iran must open strait, China says war shouldn't have started

By Trevor Hunnicutt and Jana Choukeir ABOARD AIR FORCE ONE/DUBAI, May 16 (Reuters) - U.S. President Donald Trump said Chinese President Xi Jinping had agreed Tehran must reopen the Strait of Hormuz, though China gave no indication it would weigh in.
Rapid Read Rapid Read
Oil Prices Rise as China Agrees to Buy U.S. Crude Following Trump-Xi Talks

Oil Prices Rise as China Agrees to Buy U.S. Crude Following Trump-Xi Talks

Oil prices increased after President Trump announced that China has agreed to purchase U.S. crude oil following discussions with Chinese President Xi Jinping. The agreement comes amid efforts to keep the Strait of Hormuz open, a critical passage for global oil shipments. The U.S. and China are working to strengthen economic ties, with energy trade being a key focus. The announcement has led to a rise in international oil prices, with Brent crude and West Texas Intermediate futures both experiencing gains. The geopolitical context, including tensions in the Middle East, continues to influence oil markets.
Reuters Reuters
Morning Bid: Yield surge spoils the equity party

Morning Bid: Yield surge spoils the equity party

A look at the day ahead in European and global markets from Stella Qiu Is the penny finally dropping for investors in stocks? The bond market has been sounding the alarm for weeks - runaway inflation means rate hikes are firmly back in play. The AI-fuelled rally looks like it's running out of road.
AP News AP News
Stock markets worldwide drop from records as worries about oil prices rattle the bond market

Stock markets worldwide drop from records as worries about oil prices rattle the bond market

The U.S. stock market is falling from its records and joining a worldwide drop for stocks, as higher oil prices send a shiver through the bond market
Reuters Reuters
Oil rises as fears of ship attacks and seizures persist

Oil rises as fears of ship attacks and seizures persist

By Sam Li and Lewis Jackson BEIJING, May 15 (Reuters) - Oil prices rose Friday as market concerns persisted over ship attacks and seizures despite Iran saying about 30 vessels had passed through the Strait of Hormuz, while the U.S. and Chinese presidents were set for a second day of talks in Beijing
Rapid Read Rapid Read
IMF Welcomes US-China Dialogue, Highlights Global Economic Benefits

IMF Welcomes US-China Dialogue, Highlights Global Economic Benefits

The International Monetary Fund (IMF) has expressed approval of the recent dialogue between U.S. President Donald Trump and Chinese President Xi Jinping. This engagement is seen as a positive step towards reducing tensions and uncertainty between the two largest economies in the world. According to IMF spokesperson Julie Kozack, the constructive dialogue is beneficial not only for the U.S. and China but also for the global economy. The discussions come amid ongoing pressures from geopolitical tensions in the Middle East, particularly Iran's closure of the Strait of Hormuz, which has driven crude oil prices above $100 per barrel. The IMF has outlined various economic scenarios in its April World Economic Outlook, with the current situation aligning with a middle 'adverse scenario' that predicts a slowdown in global GDP growth.