Asian stock markets are trading mostly lower on Tuesday, following the broadly negative cues from Wall Street overnight, with major markets in the region, China, Japan and South Korea closed, as traders react to the re-escalation of the Middle East conflict and the related spike in crude oil prices that has again raised global inflation concerns. Asian markets closed mostly higher on Monday.
The U.S. Dollar value inches lower amid renewed escalation in the Strait of Hormuz crisis that pushed crude oil prices higher and sparked inflationary concerns once again lowering the risk appetite for investors.
Canadian stocks moved lower on Monday as investors refrained from big bets after the U.S. and Iran pushed to re-assert control over the Strait of Hormuz. The intensifying conflict pushed oil prices and inflationary concerns higher once again.
Rebounding from Friday's losses, crude oil has skyrocketed on Monday as U.S.-Iran tensions grow deeper despite the ongoing diplomatic efforts to end the war, while the Strait of Hormuz blockade continues to hold oil transit.
The Canadian dollar weakened against other major currencies in the Asian session on Monday, as the decline in crude oil prices following the commencement of Operation Freedom by President Trump. Traders remain cautious amid the uncertainty prevailing around the peace proposal to end the Middle East...
Asian stock markets are trading mostly higher on Monday, following the mixed cues from Wall Street on Friday, with markets in China and Japan closed, as traders remain cautious amid the uncertainty prevailing around the peace proposal to end the Middle East war. Crude oil prices also eased with potential US-led maritime security measures in the Strait of Hormuz to provide safe passage to vessels.
The U.S. Dollar value ticked higher with the Strait of Hormuz continuing to remain closed keeping inflationary concerns alive amid reports of Iran sending a fresh peace proposal to the U.S. to end the gulf war eased escalation tensions which capped the gains.
Canadian stocks ticked lower on Friday amid the ongoing Strait of Hormuz blockade, while reports indicating that Iran has sent a fresh peace proposal to the U.S. to end the gulf war limited the losses.
Crude oil prices have come under pressure over the course of the trading day on Thursday, giving back ground after surging overnight. After spiking by as much as 3.8 percent to a four-year high of nearly $111 a barrel, crude for June delivery was last seen trading at $104.48 a barrel, down $2.40 or...
After moving notably lower over the past few sessions, the price of gold has shown a strong move back to the upside during trading on Thursday. Gold for June delivery has jumped $68 or 1.5 percent to $4,629.50 an ounce after plunging $179.41 or 3.8 percent over the first three days of the week. With...
Households across the UK are embracing solar power as the government accelerates its clean power mission to reduce the country's exposure to volatile fossil fuel markets following the outbreak of the Middle East war. New government data published Thursday shows that more than 27,000 solar installations...
Oil prices have jumped to the highest level since 2022 amid report of a U.S. plan to launch a fresh wave of attacks on Iran and President Donald Trump's decision to extend the U.S. naval blockade of Iranian ports. Brent crude soared to a four-year high of above $126 per barrel at one stage Thursday, increasing by more than 12 percent, before losing some gains. Simultaneously, the US-traded WTI
Asian stock markets are trading mixed on Thursday, following the mixed cues from Wall Street overnight, with traders remaining cautious as the blockade of all maritime traffic entering and exiting Iranian ports and the Strait of Hormuz continues, pushing crude oil prices higher to levels not seen in four years and continuing to escalate inflationary pressures. Asian markets closed mostly higher on
The U.S. Dollar value edged higher as an agreement to find a permanent solution to the U.S.-Iran conflict still remains out-of-reach keeping the Strait of Hormuz blocked for oil transit.
Canadian stocks moved lower on Wednesday, extending the losses from two previous sessions amid the ongoing Strait of Hormuz closure while traders analyzed the interest rate decisions by the central banks of Canada and the U.S.
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.