US futures flat ahead of U.S. presidential el...

Oil settles about $100 per barrel for the first time since 2022 after Iran’s new Supreme Leader Mojtaba Khamenei pledges to keep the Strait of Hormuz closed. U.S. Energy Secretary Chris Wright and Treasury Secretary Scott Bessent say the U.S. Navy will be helping to escort tanker ...  Show more

Oil prices have pulled back from $100 a barrel following several attacks on merchant vessels in the Gulf. Two tankers have been reportedly attacked overnight in Iraqi waters. The IEA announces its largest strategic reserve release of 400m barrels but energy markets remain wary. P ...  Show more

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Congress blew past a midnight funding deadline, triggering the US government’s first shutdown in nearly seven years — and the third under President Donald Trump. (2) US equity-index futu ...  Show more

On Friday, the US announced a meagre 12K nonfarm job additions last month, the manufacturing and private nonfarm payrolls printed negative numbers. But the bright spot was that unemployment remained steady at 4.1% - suggesting that the NFP number probably took a one-off hit, and ...  Show more

While it's still anyone's guess who will become the next US President, some currency analysts took the latest polls favouring Kamala Harris to unwind some of their 'Trump trades' by selling the US dollar. US equities saw some volatility yesterday, but safe-haven US Treasuries ...

As investors grapple with the implications of an ‘earnings yield inversion’, where the S&P 500 Index yields more than 10-year US Treasuries, US equities took a breather yesterday from last week’s gains. Meanwhile, Asia is seeing its busiest IPO week in more than two years, ...