Express News | Prime Minister of Pakistan: Confirms Final Text of U.S.-Iran Agreement Has Been Reached

Breakings00:33

The Fed's 'Wasserman Era' Begins: Dot Plot and Forward Guidance May Fade from View as the Yield Curve Reshapes the 'AI Bull Market' Narrative

PIMCO believes that Wallsh will change the way the Federal Reserve communicates with markets, but not render it silent. Investors are trying to assess how Wallsh would handle the Fed’s communication with markets, including potential changes such as shortening the length of Federal Open Market Committee (FOMC) statements, reducing the frequency of press conferences, and eliminating the interest rate dot plot.

Zhitong FinanceJun 12 08:41

Major turning point in Gulf tensions? UAE reportedly to unfreeze $10 billion for Iran in exchange for commitment to halt attacks

It has been reported that Iran has made similar funding arrangements to at least two other Gulf Arab states; sources indicated that the UAE has already completed an initial transfer of approximately USD 3 billion, while others stated that the total amount of unlocked funds amounts to USD 20 billion. Media outlets were unable to verify whether these funds belong to UAE state assets or represent long-frozen Iranian deposits held within the UAE banking system.

wallstreetcn9minutes ago

Ueda hospitalized, Uchida steps in: This 45-minute press conference next week could shape market direction for the second half of the year

In August 2024, the Bank of Japan triggered a global wave of unwinding in carry trades with a 25-basis-point rate hike. Twenty-two months later, history is repeating itself: positions have returned to pre-selloff levels, and the BOJ has again raised rates by 25 basis points—but this time, Governor Kazuo Ueda is absent due to illness, leaving Deputy Governor Shinichi Uchida, known as the 'dovish firefighter,' to face the global media alone. With hundreds of billions in short positions looming and the cushion from carry trade arbitrage halved, any miscommunication could ignite a cascading selloff. These 45 minutes will be the most dangerous moment for global markets this year.

wallstreetcnJun 12 11:25

Express News | Iranian Foreign Minister Araghchi: The management model of the Strait of Hormuz will not revert to its pre-war state. Sovereignty over the Strait of Hormuz belongs to Iran and Oman. Iran will ensure the safe passage of vessels through the Strait of Hormuz

Breakings35minutes ago

U.S. consumer confidence rebounds from historic lows as falling gasoline prices provide some relief.

① U.S. consumer confidence rebounded from a historic low in early June as gasoline prices declined, with the preliminary reading rising to 48.9—an increase of 9% from the previous month and marking the first gain since February of this year. ② Inflationary pressures are expected to ease as Middle East tensions gradually subside and supply chain conditions improve. However, if the conflict persists throughout the summer, stronger inflationary headwinds could weigh on the economic growth outlook.

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