US Stock Market: Treasury yields ease as investors buy bonds after selloff; strong auction boosts sentiment US Treasury prices saw gains as investors bought bonds following a sharp selloff. A strong auction of 30-year government bonds attracted significant foreign investor demand. Economic data indicated stable labor and moderating housing markets, reinforcing Fed rate hold expectations. Geopolitical tensions involving the United States and Iran remained a key… The Economic Times · Jul 10
Iran buries Khamenei as renewed fighting tests shaky ceasefire deal Khamenei's flag-covered coffin was carried aloft into the shrine of Imam Reza in his home city of Mashhad in eastern Iran as a sea of people waited outside and listened to prayers, with no sign of a public appearance by his son and successor Mojtaba Khamenei. Euronews · Jul 10
Oil on track for weekly gains as US-Iran strikes push ceasefire to brink Brent on track to post a weekly gain of around 6 per cent The Independent UK · Jul 10
Hormuz ship insurance demand drops as owners get nervous London marine insurers report fewer transit inquiries for the Strait of Hormuz. Shipowners show growing caution as US and Iran exchange attacks. The Economic Times · Jul 10
Iran-US war latest: Tehran attacks US military bases as Strait of Hormuz standoff escalates US military's Central Command says it controls the Strait of Hormuz but Iran's Guard rejects claim The Independent UK · Jul 10
CENTCOM Rejects Iran's Authority Over Strait of Hormuz, Says US Facilitated Transit of 800 Commercial Vessels Since May The U.S. Central Command (CENTCOM) has dismissed Iran’s claim over the Strait of Hormuz, saying that it has facilitated the movement of several ships through the waterway since May this year. Benzinga · Jul 10
Rs 6 lakh crore wealth boost! Sensex rallies 828 points, Nifty closes above 24,200. 5 key factors behind D-Street rally Indian stock markets experienced significant gains on Friday, with major indices closing higher. TCS reported strong first-quarter earnings, boosting sentiment across the information technology sector. Positive global market trends and resilient investor sentiment also contributed to the upward movement. Broader markets and various sectoral indices, including PSU banks and realty,… The Economic Times · Jul 10
Gold prices fall to Rs 1.44 lakh/10 gram; silver dips Rs 6,300 this week as Iran war raises inflation worries. What’s next? Gold prices slipped while silver edged higher on the MCX on Friday, supported by a weaker U.S. dollar. However, both precious metals remained on track for weekly losses as escalating U.S.-Iran tensions fuelled inflation concerns and strengthened expectations of tighter U.S. Federal Reserve policy. The Economic Times · Jul 10
Khamenei Funeral Descends Into Chaos as Iran's President Is Heckled for Being 'Too Soft' The funeral of Iran's Supreme Leader Ayatollah Khamenei revealed political tensions, with hardliners confronting officials over diplomatic approaches towards the US. International Business Times UK · Jul 10
US-Iran conflict escalates as fresh missile strikes threaten Middle East ceasefire The United States launched fresh air strikes on Iran early Thursday, prompting Tehran to fire missiles at its neighbours Bahrain, Qatar, Kuwait and Jordan hosting US military forces, officials said. The exchanges threatened a fragile interim ceasefire aimed at ending the Middle East conflict, with explosions also reported near Iran's… France 24 · Jul 10
Trump Targeted in New Iranian Assassination Plot, Israel Warns US With Fresh Intelligence: Report Israel has reportedly shared new intelligence with U.S. officials indicating that Iran may be pursuing a renewed assassination plot targeting President Donald Trump. Benzinga · Jul 10
Why Persian Cats Became the World's Most Desired Breed and What Owning One Actually Demands Where the Breed Actually Came FromThe Persian cat did not originate in Persia the way the history books like to suggest. The longhair cats that arrived in Europe in the 1600s, brought by Italian nobleman Pietro della Valle from what is now Iran, were bred so aggressively with local European… Times Life · Jul 10
Oil Price Today (July 10): Crude oil up 6% this week as US and Iran continue attacks. Where are prices headed? Even with Friday's decline, both crude benchmarks were set to end the week higher. Brent was on course to gain about 6%, while WTI was poised to rise nearly 5%. The Economic Times · Jul 10
The Times of India · Jul 10 Fresh bid to kill Trump? Israeli intelligence warns US of alleged Iran assassination plan Israel shared fresh intelligence with the United States alleging that Iran recently developed a new plan to assassinate US President Donald Trump.
The Economic Times · Jul 10 A bitterly divided Iran grapples with Ali Khamenei's legacy as he is laid to rest Ayatollah Ali Khamenei's death has exposed Iran's profound societal divisions. Supporters lionized him as a defender of clerical rule and the Islamic Republic. Decades of repression and economic hardship fuel widespread discontent among many citizens. Protests, met with crackdowns, have intensified calls for the regime's overthrow. The nation faces uncertainty…
The Economic Times · Jul 10 Gold heads for weekly drop as Gulf attacks reinforce rate-hike bets Gold prices held steady early Friday as markets assessed inflation risks. Renewed rate-hike expectations are pushing the non-yielding metal toward a weekly decline. U.S. military infrastructure in Gulf states faced attacks after U.S. strikes on Iran. Markets now price in a higher chance of a September rate hike. Other precious…
The Economic Times · Jul 10 Oil edges lower, but heads for weekly gain as Middle East supply risks persist Oil prices saw a slight dip Friday but are set for weekly gains. US and Iran exchanged strikes, escalating regional tensions and impacting supply routes. Concerns over rising inflation are also pressuring oil demand and market prices. The conflict has delayed the reopening of the vital Strait of Hormuz waterway.…
The Economic Times · Jul 10 Trump updated Netanyahu on US 'moves in Gulf': Israeli PM's office President Trump updated Prime Minister Netanyahu on US Gulf operations. Israel voiced concerns to the White House regarding Turkey's statements. Turkey rejected Israel's claims about F-35 fighter jet sales. Tensions have mounted between Trump and Netanyahu over Iran. Israel also informed the US of a new Iranian plot.
The Economic Times · Jul 10 Iran buries Ali Khamenei in holy shrine; new Supreme Leader remains out of sight Ayatollah Ali Khamenei was buried in Iran's holiest shrine after massive funeral events. His successor, Mojtaba Khamenei, has not appeared publicly since the war began. Crowds chanted slogans demanding revenge against US President Donald Trump for the leader's death. Khamenei's 37-year rule concluded amidst internal challenges and economic woes. The…
The Economic Times · Jul 10 US official says 'technical talks' continue with Iran, no new strikes in past hours United States officials stated no fresh strikes occurred while diplomatic talks continue. Iran launched attacks on US military sites in Gulf states on Thursday. These strikes were retaliation for earlier US attacks on Iranian military infrastructure. The recent exchanges further strained a fragile three-week-old ceasefire. Both sides stressed the need…
The Independent UK · Jul 10 Israel shared intelligence of new Iranian plot to kill Trump with US officials, report says Trump said Iran ‘want to take out the U.S. leader’ earlier this week
France 24 · Jul 9 Iran threatens to hit Israel if infrastructure attacks continue, Trump maintains truce is over The head of Iran’s Supreme National Security Council on Friday said that Tehran would retaliate against any attacks on its infrastructure, warning that Israel would not be spared. US President Trump maintained that the June ceasefire between the US and Iran was over, though he said that Washington would continue…
The Times of India · Jul 9 Iran's Khamenei buried in Mashhad four months after US-Israeli strikes killed him Iran's Supreme Leader Ayatollah Ali Khamenei was buried in Mashhad after a week of ceremonies. He ruled Iran for nearly thirty-seven years and died in recent airstrikes. Large crowds gathered for funeral processions which brought daily life to a standstill. His eldest son led prayers, but his successor was notably…
Barchart · Jul 9 Cotton Faces Moderate Thursday Weakness Cotton futures were down 4 to 24 points across the board at the Thursday close. Crude oil corrected back lower on Thursday despite back and forth strikes between the US and Iran overnight, down $1.71 at the close. The US dollar index was down $0.034. Export Sales data showed 66,422...