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The Latest Breaking News from IG

Oil set for weekly rise amid Red Sea shipping attacks, Kazakhstan output cuts

Oil prices are poised for weekly gains amid Red Sea shipping concerns. Houthi attacks on tankers have raised fears about a key shipping route. Kazakhstan has also temporarily reduced oil output after drone attacks. Its main Black Sea export terminal faced a temporary closure. These disruptions are tightening global energy…

The Economic Times

Surprise jobs jump gives RBA room to raise rates

A larger-than expected rise in employment will not ease Reserve Bank fears about inflation as rising oil prices compound cost pressures.

AAP

Oil prices remain close to one-month high as Yemen announces Red Sea blockade

US conducts 10th night of strikes on Iran despite attempts to secure 10-day ceasefire

The Independent UK

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Aussie shares trim losses, gold bounces on truce hopes

Rising gold prices have helped support the Australian stock exchange following reports US and Iranian mediators are in talks to secure a new ceasefire.

AAP

Oil prices dip as mediation efforts offset US-Iran strikes

Oil prices softened on Tuesday as markets weighed mediation efforts. Fresh attacks between the United States and Iran also influenced market sentiment. Yemen's Houthis threatened a naval blockade of Saudi Arabia, raising energy supply concerns. Diplomatic pushes followed recent strikes and attacks across the region. Oil stockpiles are expected to…

The Economic Times

Moonshot is creating new winners and losers in the AI trade

The Chinese startup unveiled Kimi K3 on Friday, a model that it says delivers performance that rivals top-tier offerings from OpenAI and Anthropic PBC at a fraction of the cost. As investors drew comparisons with last year’s “DeepSeek moment,” IG market analyst Tony Sycamore said $314 billion has been wiped…

The Economic Times

Dimon-led JPMorgan poised to become world's first $1 trillion bank

JPMorgan Chase is approaching a monumental valuation of $1 trillion, marking a pivotal achievement for the financial institution. Its remarkable earnings have driven share prices to new heights, bringing it closer to this significant benchmark. The bank's prowess in both dealmaking and lending continues to support growth. Investors commend CEO…

The Economic Times

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China’s economic growth slows to 4.3% as weak domestic demand offsets export boom

Slowdown driven by weak domestic demand and higher oil prices triggered by Iran war

The Independent UK

Dollar jumps on renewed Middle East attacks, Hormuz closure

The dollar strengthened against most currencies due to renewed Middle East conflict. This conflict fueled inflation fears and increased rate hike prospects from central banks. Oil prices rose significantly, driving the dollar's upward movement and inflation concerns. Traders now anticipate two Federal Reserve rate hikes by year-end. Upcoming U.S. inflation…

The Economic Times

Dollar stands tall as Gulf tensions fuel oil price surge, Fed hike bets

The U.S. dollar held firm against major currencies on Thursday. Renewed Gulf tensions revived safe-haven bids, boosting the dollar's strength. Surging oil prices also fueled rate hike bets, keeping the yen under pressure. The Japanese yen struggled near a 40-year trough against the dollar. U.S. Treasury yields rose as markets…

The Economic Times

EasyJet shares surge after reaching outline £5.5bn buyout proposal from US firm

The budget airline said it would be ‘minded’ to accept Castlelake’s higher approach worth £6.90 a share.

Evening Standard

EasyJet shares surge as £5.5bn US buyout bid reaches final stages

EasyJet shares jumped more than 10 per cent in early trading on Monday as bid moved closed to completion

The Independent UK

Australian shares dip as traders await next catalyst

Banks and miners have weighed on the Australian stock exchange in an underwhelming trading session, while energy, healthcare and IT stocks outperformed.

AAP

How Rocking That JLo Dress In Off Campus Actually Led To Mika Abdalla Meeting The 'On The Floor' Singer

How they got to "dance the night away."

Cinemablend

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The Economic Times

Dollar set for biggest weekly drop since April after jobs data lowers Fed hike bets

The US dollar is experiencing its biggest weekly loss in 12 weeks, driven by weaker-than-expected US jobs data that has dampened expectations for an imminent Federal Reserve rate hike. This has provided a significant boost to the Japanese yen, which has recovered from historic lows, though market participants remain wary…

Tom’s Guide

I used ChatGPT to celebrate International Joke Day — these 5 hilarious prompts had me crying with laughter

I figured the best way to celebrate International Joke Day is by prompting ChatGPT to show off its funnier side—this experiment ended up being a total riot.

The Guardian - UK

Shares in chipmakers underpinning AI boom rocket in first half of 2026

Value of some chip manufacturers have tripled, or more, driving Asia Pacific stock markets sharply higher

The Economic Times

Oil edges lower amid resumption of strait shipments even as vessel hit near Oman

Oil prices are poised for significant weekly declines as supply worries ease with tankers navigating the Strait of Hormuz. Despite a cargo vessel being struck near Oman, with Iran implicated, and earthquakes in Venezuela causing minor infrastructure damage, crude shipments through the vital waterway have increased. However, lingering geopolitical tensions…

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The Economic Times

Oil prices fall as tankers exit Strait of Hormuz

Oil prices are dropping significantly as tankers resume passage through the Strait of Hormuz following a preliminary peace accord between the US, Israel, and Iran. This easing of supply concerns has pushed prices towards pre-war levels, surprising many analysts. Despite ongoing demining efforts, the flow of oil is expected to…

AAP

Strong jobs figures clock on for future rate rise shift

More than 40,000 jobs have been added to Australia's economy to exceed expectations, but slowing growth could ease the Reserve Bank's inflation fears.

Evening Standard

Pound swings higher after Prime Minister reveals plan to step down

Sterling was up 0.05% at 1.324 US dollars in morning trading, having been around 0.3% lower shortly before the PM’s speech.

The Economic Times

Oil rises after Iran shuts Hormuz again, Trump threatens new attacks

Oil prices surged Monday as shipping through the Strait of Hormuz slowed amid escalating tensions. Talks between U.S. and Iranian officials began on a rocky note, with Iran citing violations of a peace deal. Despite expectations of increased supply and potential sanctions relief, the market reacted to disruptions in a…

The Independent UK

ICE planning to give away – or sell – 7 migrant centers it bought for $700M: report

Under ousted Homeland Security Secretary Kristi Noem, the immigration agency purchased 11 warehouses totaling $1 billion

Evening Standard

Oil prices drop further below 80 dollars a barrel as US-Iran peace deal signed

Pakistan’s prime minister Shehbaz Sharif said leaders of both the United States and Iran had signed the peace-deal agreement.

AAP

RBA keeps rates on hold but leaves door open to hikes

Economists are split on whether the Reserve Bank's latest cash rate decision heralds the end of the hiking cycle or merely a pause before the next move upwards.

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