Yields on benchmark U.S. government debt fell on Monday as investors processed a much weaker-than-expected June jobs report, increasing speculation about the Federal Reserve's future interest rate path ahead of key policy minutes.
The leading cryptocurrency fell over 2% as investors reacted to escalating U.S.-Iran conflict and Federal Reserve minutes indicating a divided but potentially hawkish stance on future interest rate hikes.
Taiwan's central bank intervened in the foreign exchange market in June, contributing to a decline in its reserves to $597.15 billion. The move was driven by a stronger U.S. dollar following a hawkish Federal Reserve meeting.
Mexico's benchmark stock index, the S&P/BMV IPC, closed higher on Friday, gaining 0.59% as strength in industrial and consumer-focused stocks offset weakness in global commodity markets.
Fitch Ratings has upgraded its outlook on Moody's Corporation to Positive from Stable, affirming its 'BBB+' rating and highlighting the company's robust cash flow, strong market position, and growing analytics business.
The energy services firm postponed its closely watched weekly report on oil and gas drilling activity, a key indicator of future production, without providing a new release time.
Apple has filed a lawsuit against OpenAI and two of its own former employees, accusing the AI firm of a systematic effort to steal confidential hardware designs and manufacturing processes.
European wheat futures jumped over 4% on Friday amid market speculation that Russia could close the Sea of Azov to shipping, raising concerns about potential export disruptions from the world's largest supplier.
A Reuters analysis found that Meta Platforms' new AI image detection tool failed to identify more than half of its own AI-generated images after they were cropped, highlighting a key challenge in combating deepfakes.
