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The Latest Breaking News from IG

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

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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

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

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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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…

The Economic Times

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.

Tom’s Guide

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 Guardian - UK

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…

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…

The Economic Times

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.

AAP

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.

Evening Standard

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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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The Guardian - UK

Oil prices hit three-month low and markets reach record high amid Iran deal breakthrough

Donald Trump posts ‘Let the oil flow’ as US-Iran peace deal sparks immediate drop for Brent crude

The Economic Times

Oil slips 4% as US, Iran reach peace deal to reopen Strait of Hormuz

Oil prices dropped significantly as President Trump and Iran's deputy foreign minister announced an initial deal to end the war and reopen the Strait of Hormuz. The agreement, brokered by Pakistan, includes ending a U.S. naval blockade and aims to restore oil flows, unwinding geopolitical risk premiums. Further negotiations on…

The Economic Times

Why are oil, gold and silver prices down today, and will Brent futures, US WTI crude and precious metals prices continue to drop or rise again? Market reacts to Iran peace deal hopes and rate concerns

Why are oil, gold and silver prices down today, and will Brent futures, US WTI crude and precious metals prices continue to drop or rise again? Oil, gold and silver prices moved lower after reports that the United States and Iran could reach a peace agreement. Brent futures and US…

The Economic Times

Asian stocks fall, oil gains as US strikes Iran

US forces launched fresh strikes on Iran, escalating geopolitical risks and sending oil prices up over 2%. This development, coupled with a renewed selloff in tech stocks, rattled Asian equities and Wall Street futures. Investors remain cautious, anticipating potential inflationary pressures and higher interest rates despite a softer US inflation…

The Economic Times

Why are oil prices up today, and will Brent and US WTI crude futures continue to rise or fall again? Oil edges higher as investors watch Iran-Israel developments

Why are oil prices up today, and will Brent and US WTI crude futures continue to rise or fall again? Oil prices moved slightly higher as traders assessed the latest developments between Iran and Israel. Although both countries announced a halt to attacks after calls from U.S. President Donald Trump,…

The Economic Times

Dollar hovers around two-month high as Iran-Israel truce hangs in balance

The US dollar is strong, nearing a two-month peak. Middle East tensions are fueling demand for the dollar. Traders are also betting on the US Federal Reserve increasing interest rates later this year. Upcoming US inflation data will be crucial for the Fed's decisions. This situation could boost the dollar…

The Economic Times

Tech stocks dive as Fed bets rattle AI rally

Asian markets are experiencing a significant downturn. High-flying semiconductor stocks are bearing the brunt of the selloff. This follows a sharp fall in U.S. markets after strong jobs data increased the likelihood of a rate hike. Investors are moving away from top-performing bets. Market participants suggest this is a healthy…

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