Businessman and philanthropist Sir Ian Wood dies aged 84
The Aberdeen-based businessman and philanthropist Sir Ian Wood has died aged 84, his family has announced.
Economy
US Dollar: Fed communication key for path – OCBC
OCBC’s Sim Moh Siong and Christopher Wong highlight that markets have repriced the risk of a July Fed hike higher after Oil-driven inflation worries, but still expect no move. A hawkish hold would keep the US Dollar (US…
Asia stocks gain before Fed, Big Tech earnings; CXMT surges over 500%
July 26, 2026, 3:57 AM EDT. The S&P 500 index declined by 0.79% in July following President Trump’s decision to reinstate the Strait of Hormuz blockade, escalating tensions with Iran. The CBOE Volatility Index (VIX) cli…
British Pound: Fiscal risks cap upside against US Dollar – BNY
Geoff Yu at BNY argues that the Bank of England (BoE) is likely to keep policy unchanged despite energy-driven price pressures, as markets have already tightened financial conditions. He sees the United Kingdom's (UK) c…
Silver Price Forecast: XAG/USD rallies near $60 as markets embrace US-Iran de-escalation
Silver (XAG/USD) rallies on Monday and trades around $59.45 at the time of writing, up 2.27% on the day. The white metal benefits from a sharp decline in Oil prices following renewed hopes for de-escalation between the …
Euro gains strongly against US Dollar on revival of risk-on sentiment
The Euro (EUR) trades 0.36% higher to near 1.1410 against the US Dollar (USD) during the European trading session on Monday. The major currency pair trades firmly as the revival of risk-on market sentiment has diminishe…
Gold struggles below $4,100 as US Dollar rebounds, Fed decision looms
Gold (XAU/USD) opens the week with a bullish gap on Monday but struggles to build on its early advance as optimism over a temporary pause in attacks between the United States (US) and Iran fades and Oil prices recover f…
Trump paused attacks on Iran to make space for talks, US ambassador says
President Donald Trump has paused attacks on Iran for the second night in a row to give diplomacy more time, the US ambassador to the UN said.
WTI drops to near $82.50 as US, Iran pause strikes for potential diplomacy
West Texas Intermediate (WTI) oil price opened at a bearish gap, down by over 7%, trading around $82.50 per barrel during the Asian hours on Monday. Crude oil prices declined after the United States (US) and Iran paused…
ECB’s Žigman: Central bank is committed to ensure inflation stable around 2%
The remarks from European Central Bank (ECB) Governing Council member and Governor of Croatia's central bank, Ante Žigman, in an interview with Jutarnji List, released during the European trading session on Monday, sign…
Brent: Market weighs de-escalation signals – ING
ING analysts Warren Patterson and Ewa Manthey note that Brent has retreated sharply, briefly dropping below US$90/bbl as the US and Iran paused further strikes. They stress that disruptions in Russia and the Red Sea con…
Liberty embraces sewing boom with craft classes as it expands fabrics section
Liberty has more than doubled the size of its fabrics department as it prepares to embrace the social media interest in sewing by hosting crafting classes this autumn.
Andy Burnham vows to use his ‘political capital’ to fix social care system
Andy Burnham has promised to use “whatever political capital I have” to finally fix the crumbling social care system in England, saying that without rapid action the NHS could effectively collapse.
Heathrow expansion would take thousands of jobs from other UK regions, report finds
Expanding Heathrow airport will take thousands of jobs from other regions of the UK, including almost 10,000 from the West Midlands alone, according to an analysis of the government’s own forecasts.
Japanese Yen: Hawkish shift needed to aid JPY against US Dollar – BNY
BNY’s Geoff Yu notes that the Bank of Japan (BoJ) is widely expected to keep rates unchanged, but stresses that markets need a clearer tightening signal as the Japanese Yen trades near multi-decade lows. Rising fiscal c…
US Dollar: Fed hold and data support – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad expects a hawkish Federal Reserve (Fed) hold and a goldilocks-like United States (US) macro backdrop to keep the US Dollar (USD) supported in coming days. Haddad highlights f…
British Pound strengthens beyond mid-1.3300s vs weak USD amid fresh Iran diplomacy hopes
The GBP/USD pair builds on Friday's modest bounce from a three-week low and gains strong follow-through positive traction at the start of a new week. This marks the second straight day of a positive move and lifts spot …
British Pound: BoE seen on hold as risks linger – UOB
UOB strategists note GBP/USD edged up to 1.3326, with Gilts caught between fiscal risks from Prime Minister Burnham’s debut plans and the Oil price shock. A Bloomberg poll and UOB economist Lee Sue Ann both expect the B…
Silver Price Forecast: XAG/USD jumps over 2% to near $60 on renewed US-Iran diplomacy hopes
Silver price (XAG) trades sharply higher near $60.00 during the Asian trading session on Monday. The white metal starts the week on a firm note as the pause in military aggression between the United States (US) and Iran…
India Gold price today: Gold rises, according to FXStreet data
The price for Gold stood at 12,658.26 Indian Rupees (INR) per gram, up compared with the INR 12,543.37 it cost on Friday.
Indian Rupee recovers further due to lower oil prices, US Dollar
The Indian Rupee (INR) extends its recovery against the US Dollar (USD) at the start of the Federal Reserve’s (Fed) monetary policy week. The USD/INR pair falls further to near 96.10 as the pause in military aggression …
Indonesian Rupiah weakens as Bank Indonesia Governor Perry Warjiyo resigns
USD/IDR has recovered its losses from the previous trading day, hovering around 18,050 during the Asian hours on Monday. The pair appreciates as the Indonesian Rupiah (IDR) faces pressure following the surprise resignat…
Chipmaker CXMT becomes mainland China's most valuable listed firm
Shares in China's biggest memory chip maker have surged by more than 470% as they made their debut on the Shanghai Stock Exchange's tech-heavy STAR Market.
Gold sticks to gains as falling oil ease inflation fears and temper Fed rate hike bets
Gold (XAU/USD) sticks to modest intraday gains heading into the European session on Monday, though it struggles to build on the momentum beyond the $4,100 mark as bulls seem hesitant ahead of the crucial FOMC meeting th…