Saudi Arabia's benchmark stock index, the Tadawul All Share, recorded a marginal gain at Sunday's close, supported by strength in the industrial and construction sectors despite a mixed market breadth.
According to a Citi analyst note, Nvidia has reassured investors that its AI product roadmap is on track and that demand for its chips is expanding beyond cloud giants to enterprises and sovereign nations.
Russia has temporarily suspended maritime traffic through the Don-Azov channel, a critical artery for grain exports, following a reported Ukrainian attack on Russian vessels in the Sea of Azov.
The U.S. Treasury Department has imposed new sanctions on a key financier for Iran's supreme leader and an associated network of companies, citing their role in enriching the regime and the IRGC amid escalating conflict in the Strait of Hormuz.
President Volodymyr Zelenskiy announced a new military command dedicated to long-range strikes, formalizing a campaign that has already forced Russia to ban diesel exports and disrupted key shipping routes for its energy and grain sectors.
President Donald Trump said the Strait of Hormuz is open to commercial traffic, according to a television interview, a statement aimed at calming market fears over the critical oil chokepoint amid ongoing U.S.-Iran hostilities.
Foreign exchange markets are bracing for potential volatility as option contracts worth billions of dollars across major pairs like EUR/USD and USD/JPY are scheduled to expire on Wednesday.
Euro zone government bond yields, particularly short-term debt, climbed Wednesday amid rising oil prices from U.S.-Iran tensions and investor anxiety ahead of key Federal Reserve meeting minutes.
Investor sentiment toward the Japanese yen has soured to its most bearish level since 2022, a Bank of America survey shows, as concerns over Japan's monetary and fiscal outlook overshadow the risk of currency intervention.
