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The Latest Breaking News from Donald Trump

Asian stocks are mixed as yen jumps against the dollar, while oil prices

Asian shares are mixed after the U.S. and Japan confirmed they had acted to prop up the value of the Japanese yen against the U.S. dollar

The Independent UK

Ro Khanna Says 'What’s Actually Hurting' Americans Is Iran War and Billionaire Tax Breaks, Not Mamdani’s Food Desert Grocery Plan

Rep. Ro Khanna (D-Calif.) defended New York City Mayor Zohran Mamdani’s proposed grocery store plan, arguing that rising food prices and financial struggles are being driven by the Iran conflict and President Donald Trump’s tax policies, not food desert initiatives.

Benzinga

Why did market rise today? Sensex surges 540 points, Nifty tops 24,770. 6 key factors fueling Rs 5 lakh crore rally

Indian stock markets experienced a significant surge on Monday. Nifty and Sensex indices both closed higher after positive news emerged. President Donald Trump's statement on Iran talks boosted investor sentiment considerably. Major companies like IndiGo, Infosys, and TCS saw substantial share price increases. Broader market indices also reflected the overall…

The Economic Times

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Ukraine-Russia war latest: Five killed as Kyiv strikes warehouses including Wildberries facility, Russia says

More than 300 drones hit Russian cities and warehouses in overnight attacks, says its defence ministry

The Independent UK

Trump Media’s Paid Truth API Sparks Backlash: People Around the President Aren't Giving Him 'Good Feedback,' Says Jason Calacanis

Trump Media & Technology Group Corp’s (NASDAQ:DJT) new premium data service is drawing scrutiny and sharp criticism over its potential to give wealthy investors faster access to President Donald Trump’s market-moving Truth Social posts.

Benzinga

Anthony Scaramucci Says 'Feels Like' Republicans Don't Want the Crypto Act to Pass So They Can 'Blame' Democrats: 'Put This Bill on the Floor'

SkyBridge Capital founder Anthony Scaramucci accused Republicans on Sunday of intentionally holding up the CLARITY Act in the Senate to scapegoat Democrats and later cash in on political donations.

Benzinga

Lula da Silva formally launches bid for Brazil's presidency

Brazil's Workers' Party meets to confirm Lula da Silva's October bid. At 80, the leftist veteran faces right-wing liberal Flávio Bolsonaro in another polarised Lula vs Bolsonaro race.

Euronews

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Aussie shares edge higher as iron ore tumbles

The ASX has started the week on a positive footing after hopes of US-Iran peace talks lifted risk sentiment, while iron ore prices fell to 13-month lows.

AAP

US senate leaders reach funding deal to avoid shutdown during campaign season

Key senators revealed a short-term spending bill to fund federal agencies past elections. This measure aims to prevent a government shutdown as lawmakers seek reelection. The bill extends current funding levels through December eleventh, which is unusual timing. Both parties wish to avoid blame for a potential shutdown before voters…

The Economic Times

Oil Price Today (August 3): Crude oil crashes 5% below $84 as Trump delays attack on Iran. What are experts saying?

Brent crude futures fell $4.37, or 5%, to $83.56 a barrel, while U.S. West Texas Intermediate crude declined $4.63, or 5.5%, to $80 a barrel.

The Economic Times

US dollar weakens sharply against the Japanese yen after market interventions

The U.S. dollar has weakened sharply against the Japanese yen after U.S. President Donald Trump and Japan's finance minister confirmed both sides had intervened in markets

The Independent UK

SpaceX Investors Want a Pink Rocket and a Starship Named 'Shipy McShipface' Ahead of First Earnings: Top Questions for Elon Musk's Team Revealed

Ahead of Space Exploration Technologies Corp.‘s (NASDAQ:SPCX) first public earnings report on Tuesday after the bell, investors submitted questions ranging from whether Starship could be painted pink or named “Shipy McShipface” to AI infrastructure, Starlink expansion and missions to Mars.

Benzinga

Gold gains as oil slumps after Trump holds off on Iran attack

Gold prices saw an increase on Monday as oil prices declined. This shift occurred after President Donald Trump delayed further action against Iran. Eased concerns about inflation and interest rates influenced the precious metal's movement. Other precious metals like silver and platinum also experienced gains. Investors now await upcoming United…

The Economic Times

Oil tumbles as Trump cancels attack on Iran to reach nuclear deal

Oil prices dropped significantly on Monday after President Trump paused new Iran attacks. He seeks a swift agreement to halt Tehran's nuclear program and reopen the Strait of Hormuz. This move follows a month of over twenty percent price jumps due to renewed conflict. OPEC+ approved an oil production increase,…

The Economic Times

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The Economic Times

Trump says Gulf leaders' input weighed heavily in decision to hold off new Iran strikes

US President Trump opted against launching new strikes on Iran after receiving counsel from Gulf allies, advocating for diplomatic solutions instead. While plans for a significant operation were prepared for Sunday, Saudi Crown Prince Mohammed bin Salman cautioned against such action, emphasizing the pursuit of a diplomatic deal.

Benzinga

Bitcoin, Ethereum, XRP, Dogecoin Gain After Trump Holds Off Iran Strikes: Analyst Sees 'Strong and Vital Move' by BTC if This Happens

Leading cryptocurrencies edged higher on Sunday as investors weighed President Donald Trump’s remarks about a potential Iran peace agreement.

The Economic Times

Trump's closest Gulf allies are frustrated with his Iran war strategy: Report

Gulf nations are frustrated by the lack of a clear US strategy against Iran, fearing further strikes on their energy facilities. While the UAE favours military escalation, Saudi Arabia and Qatar are pushing for diplomatic solutions to secure a ceasefire and reopen the critical Strait of Hormuz, a key oil…

The Guardian - AU

Trump says Iran talks set for Monday as Tehran and Oman discuss strait of Hormuz deal

The US president did not provide details of where Monday meeting would take place or who would be involved

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The Independent UK

Trump says canceled Iran attack would have been biggest ‘since World War II’

‘We were all set to go, but when the allies ask to call it off, you gotta sort of say ‘well let’s see,’ Trump said

Benzinga

Trump Calls Off ‘Massive Attack’ on Iran as Talks Resume: Dow Futures Gain 204 Points, Oil Plunges Nearly 5%

Late Sunday, U.S. stock futures moved higher and crude prices tumbled as President Donald Trump said he had called off a planned attack on Iran and would resume negotiations with Tehran on Monday.

The Economic Times

Global Market Today: Asian shares mixed, oil slumps on hopes of Iran deal

Oil prices dropped significantly as peace talks with Iran appeared imminent. Stock markets showed mixed reactions, with US futures rising and Asian markets declining. Japan's yen surged after the US and Japan confirmed joint intervention to support the currency. This rare bilateral action aimed to halt the yen's slide to…

The Economic Times

Oil prices surge 20% in July as US-Iran war heightens Strait of Hormuz tensions

Oil prices saw volatility last week but are set for significant monthly gains. Escalating United States-Iran tensions and Houthi attacks are impacting global energy markets. Saudi Arabia is forming an alliance to protect Red Sea navigation from militant blockades. Concerns also persist regarding supply disruptions in the Black Sea region.…

The Economic Times

Trump says new Iran talks set to start on Monday after calling off massive attack

US Iran news: New negotiations between the US and Iran will begin Monday to end the ongoing war. Talks will focus on the Strait of Hormuz and Iran's denuclearization efforts. Oil prices dropped as the announcement of these new talks was made. Iran is nearing a deal with Oman over…

The Economic Times

US Iran war: Explosion reported near tanker off Oman coast, crew safe, UKMTO says

An explosion occurred near a tanker off Oman's coast, with all crew safe. Maritime authorities are investigating this incident and advising vessels to exercise caution. Iran and Oman are nearing completion of talks regarding the Strait of Hormuz management. The United States and Israel have agreed to defer planned military…

The Times of India

'We'll see how it goes': Trump says Iran talks to begin Monday after halting planned strikes

US President Donald Trump announced negotiations with Iran would begin Monday. Diplomatic efforts involving Gulf nations prompted the halt of planned US military strikes. Mediators are working to revive an understanding regarding the Strait of Hormuz. Trump expressed hope for a negotiated settlement on denuclearisation and the waterway. Iranian officials,…

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