Live Forex News
Real-time financial news from around the world.
Published Monday β Friday, 24 hours a day.
NZX 50 Edges Higher in Morning Trading
The NZX 50 rose 23 points, or 0.2%, to 13,061 in Tuesday morning trading, erasing losses from the previous session while remaining at its lowest level since May 25, mainly boosted by gains in materials, consumer discretionary, and energy stocks. The broader index tracked gains on Wall Street, with the Nasdaq and S&P 500 advancing, supported by a rebound in chip stocks after sharp losses in the previous session amid renewed optimism surrounding AI. Easing tensions in the Middle East also lifted sentiment after Iran and Israel indicated they had halted their exchanges of strikes. However, traders remained cautious ahead of the release of China's trade balance data later today, which could provide guidance on economic conditions in New Zealand's largest trading partner. Among the early gainers were AFT Pharmaceuticals (1.1%), Auckland International Airport (1.0%), Channel Infrastructure (1.0%), Briscoe Group (0.9%), and Freightways Group (0.8%).
Crypto Updates: XRP Rises by 1.76%
Today's cryptos market is characterized by modest daily movements, with XRP standing out as the frontrunner with a 1.76% increase.
Agricultural Commodities Updates: Butter Gains by 1.88%
Top commodity gainers are Butter (1.88%) and Cocoa (1.46%). Biggest loser is Soybeans (-0.50%).
Metals Commodities Updates: Platinum Falls by 2.31%
Top commodity losers are Platinum (-2.31%), Iron Ore (-0.93%), Iron Ore CNY (-0.91%) and Gold (-0.13%). Gains are led by Silver (1.23%) and Copper (0.69%).
Energy Commodities Updates: Natural Gas UK Rises by 3.83%
Top commodity gainers are Natural Gas UK (3.83%), Natural Gas EU (3.69%), Germany Natural Gas THE (3.08%), Brent Crude Oil (1.45%) and Crude Oil WTI (0.91%). Biggest losers are Natural gas (-2.88%) and Propane (-2.40%).
FX Updates: South Korean Won Rises by 2.10%
Top currency gainers are South Korean Won (2.10%), Euro (0.10%) and Japanese Yen (0.08%). Biggest losers are Brazilian Real (-0.29%), Indian Rupee (-0.25%) and Dollar Index (-0.07%). Meanwhile British Pound was little changed.
TSX Rises as Energy and Tech Stocks Lead Gains
The S&P/TSX Composite Index gained 0.2% to close at 34,479 on Monday, recovering modestly after posting its biggest decline in nearly four months on Friday, with energy and technology shares leading gains. Energy stocks advanced as oil prices moved higher amid persistent geopolitical risks near the Strait of Hormuz. Iran and Israel said they had halted attacks on each other following an appeal from US President Donald Trump, although Iran warned it would resume strikes if Israel continued targeting Hezbollah in Lebanon. Canadian Natural rose 1.4%, Suncor gained 1.5%, and Cenovus added 1.7%. Technology shares also outperformed, tracking gains on Wall Street after reports that Alphabet had placed a major chip order with Intel. Shopify advanced 1.2%, while Celestica climbed 3.8%. Investors also looked ahead to the Bank of Canada's policy decision on Wednesday, with rates expected to remain unchanged at 2.25%.
S&P and Nasdaq Climb on Strength in Chip Stocks
The Nasdaq rose 0.9% and the S&P 500 gained 0.3% on Monday, supported by a rebound in chip stocks after sharp losses in previous session and renewed optimism surrounding AI. Investor sentiment was also boosted after reports indicated that Iran and Israel had halted their exchanges of strikes, while President Trump said negotiations were continuing despite the attacks. As a result, oil prices gave back most of their earlier gains. Among semiconductor stocks, Nvidia advanced 1.7%, Broadcom climbed 2.8%, AMD surged 5.1%, and Micron Technology jumped 9.9%. Tesla also posted a strong gain, rising 4.6%. In contrast, the Dow Jones fell by 81 points. Apple declined 1.9% after its next-generation AI platform failed to impress investors. Microsoft and Visa also underperformed, each losing 1.2%.
Honeywell International Stock Price Hits 4-week Low
Honeywell International shares decreased to 211.48 USD, the lowest since May 2026. Over the past 4 weeks, Honeywell International lost 3.44%, and in the last 12 months, it decreased 6.85%.
Crypto Updates: XRP Increases by 1.97%
Today's cryptos market is characterized by modest daily movements, with XRP standing out as the frontrunner with a 1.97% increase.
Agricultural Commodities Updates: Butter Rises by 1.88%
Top commodity gainers are Butter (1.88%) and Cocoa (1.51%).
Metals Commodities Updates: Platinum Falls by 2.36%
Top commodity losers are Platinum (-2.36%), Iron Ore CNY (-0.91%) and Steel Rebar (-0.79%). Gains are led by Silver (1.85%), Copper (0.95%) and Gold (0.28%).
Energy Commodities Updates: Natural Gas UK Rises by 3.81%
Top commodity gainers are Natural Gas UK (3.81%), Natural Gas EU (3.68%), Germany Natural Gas THE (3.08%), Brent Crude Oil (1.32%) and Crude Oil WTI (0.95%). Biggest loser is Natural gas (-2.49%).
US 10-Year Yield Resumes Increase
The yield on the 10-year US Treasury note bounced back to 5.46% on Monday, the highest in over two weeks, reflecting expectations of high interest rates by the Fed despite the mid-session pullback in energy prices. Inflation data due on Wednesday is expected to cross the 4% threshold, consolidating the accelerating momentum in consumer prices. The backdrop combines with a strong labor market as jobs growth has held above recent averages despite the Federal Reserve signaling concerns of a stalled labor force, adding leeway for the central bank to maintain rates at a restrictive level to fight inflation. Rate futures pointed to expectations of a rate hike by the central bank this year. The latest developments held despite Israel and Iran pledging to hold fire following their escalation over the weekend, lowering energy prices and setting the stage for more talks between Tehran and the US.
US Equities Trim Rebound
US equities trimmed earlier gains to trade mixed on Monday as the muted momentum in most sectors was offset by a fresh rally for chip producers. The S&P 500 gained 0.5% while the Nasdaq 100 jumped 1.7%. Iran stated it ended its military operation in Israel and Tel Aviv signaled it paused attacks on Iran, driving energy prices and bond yields to ease from session peaks. The improvement in demand for risk was aligned with bullish signals on chip production by Nvidia CEO Huang, driving markets to pivot back to speculative AI infrastructure companies following their selloff last week. Nvidia added 1.5% while Micron, Intel, and Applied Materials surged 10%. In turn, the Dow edged below the flatline on lingering concerns of high interest rates. AbbVie, Microsoft, and Visa dropped around 2%. Inflation data due later this week is expected to confirm accelerating prices in an economy that has posted strong jobs growth, consolidating bets of a rate hike by the Fed this year.
FTSE 100 Edges Up
The FTSE 100 recovered from early weakness to finish slightly higher on Monday, marking a third consecutive daily gain and outperforming most major global indices. The index benefited from its relatively low exposure to technology stocks, which helped cushion broader market volatility. Sentiment also improved after oil prices eased back from earlier highs, following comments from President Donald Trump suggesting that Iran and Israel were considering an immediate ceasefire, raising hopes of de-escalation in the Middle East. In corporate updates, Tate & Lyle surged after agreeing to a Β£2.7 billion acquisition by US group Ingredion, which offered 615 pence per share in cash, a significant premium to recent trading levels. Among other movers, British American Tobacco gained around 1.5%, HSBC rose 0.8%, and Shell added 0.4%, helping to support the index into positive territory by the close.
Bonds Update: Brazil 10Y Bond Yield Rises by 18 bps
Government bonds yields are higher on Monday. Top gainers are Brazil 10Y (18.50bps), Japan 10Y (4.94bps), US 10Y (3.60bps) and Germany 10Y (2.14bps).
Crude Oil Holds Below Session Peaks
WTI crude oil futures eased to $91 per barrel after having reached $95 earlier on Monday after Iran stated it had ended its military operations against Israel. US President Trump added that both countries were close to a new ceasefire and that there was progress between Washington and Tehran, easing concerns that the escalation would hamper negotiations that gradually restore exports of oil through the Persian Gulf. Israel also signaled that it will hold fire for the moment, after an exchange of strikes with Iran over the weekend breached their ceasefire, driving oil futures higher in Asian trading. Separately, OPEC+ approved another increase in July oil production quotas of 188,000 barrels per day despite persistent supply risks stemming from tensions in the Middle East. Fresh data indicating an aggressive pullback in imports by China also limited supply pressures, as Asia's top consumer has relied on inventory instead of overseas supply since the start of the conflict.
European Stocks Recover in Afternoon Trading
European stocks pared early losses to close slightly higher on Monday, benefiting from the momentary de-escalation in the Middle East following fresh strikes over the weekend. The Euro STOXX 50 gained 0.3% to 6,080 and the STOXX Europe 600 edged above the flatline at 622. Iran stated it ended its military operations in Israel and Tel Aviv responded by pausing attacks against Iran for the moment, reinstating the ongoing talks between Tehran and the US to an extended ceasefire. Industrials and consumer cyclicals rebounded as sovereign yields in Europe edged lower, with Hermes, Ferrari, and Schneider adding between 1% and 2%. Also, ASML surged over 4%, tracking the rebound in the chip sector in the US on bullish signals from Nvidia CEO Huang. On the other hand, Italian banks closed sharply lower on fresh uncertainty over the sector's M&A activity. Intesa Sanpaolo dropped 2% after launching an offer for Banca MPS with BPER Banca, shortly after the merger proposition for MPS by Banco BPM.
UnitedHealth Stock Price Hits 13-month High
UnitedHealth shares increased to 404.30 USD, the highest since May 2025. Over the past 4 weeks, UnitedHealth gained 5.05%, and in the last 12 months, it increased 33.21%.
Live Forex News are published 24 hours a day from Monday to Friday and provide fast financial updates from around the world. The news is delivered in near real time so you can easily follow the most important developments in the Forex and stock markets.