Iran's new Supreme Leader, Ayatollah Mojtaba Khamenei, has publicly pledged to avenge the death of his father and predecessor, a move that heightens geopolitical risk and threatens a fragile truce with the United States.
The U.S. dollar held steady on Monday following its largest single-day decline since late April, as currency traders turned their attention to upcoming Federal Reserve meeting minutes for guidance on interest rates.
The South African rand gained against the U.S. dollar, supported by a significant rise in gold prices that overshadowed a larger-than-expected contraction in the country's manufacturing sector.
Sovereign bond yields stabilized after their sharpest sell-off in months, as investors assessed the inflationary impact of renewed U.S.-Iran military clashes and a resulting surge in oil prices.
Citigroup analysts see a short-term opportunity to bet against the British pound, citing historical patterns of sterling weakness following the appointment of a new UK Prime Minister.
Angola's central bank has authorized commercial banks to hold the Chinese yuan as part of their mandatory foreign currency reserves, a move that underscores the growing economic influence of Beijing in the African nation.
Investor sentiment toward the Japanese yen has soured to its most bearish level since 2022, as fears over Japan's monetary and fiscal policy now outweigh the risk of official intervention, a new Bank of America survey found.
Bybit's Private Wealth Management BTC funds generated a 4.9% comprehensive annualized return over the past 60 days, as the crypto exchange broadens its suite of yield-generating products for large-scale Bitcoin holders.
The decentralized finance project raised the capital in a strategic round to develop its AI-driven modular financial infrastructure, with participation from Zee Prime Capital and Jump Capital.
