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Market News
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Australian Dollar Softens, ASX Perks Up After Mildly Hawkish RBA Hold
The Australian dollar softened while the ASX 200 reversed earlier losses after the Reserve Bank of Australia left the cash rate unchanged at 4.35%. Although the decision was widely expected, policymakers retained a mildly hawkish bias as inflation remains above target and uncertainty surrounding the economic outlook persists. Attention now turns to upcoming inflation and
June 16, 2026 -
Oil falls as markets weigh return of supply, US-Iran peace deal
Oil prices extended losses on Tuesday, as markets weighed prospects for resumption of supply through the key Strait of Hormuz against shaky physical market drivers and a lack of details from a preliminary deal to end the Iran war. By 0436 GMT, Brent crude futures fell 25 cents, or 0.3%, to $82.92 a barrel and
June 16, 2026 -
Silver balances industrial participation and Fed expectations ahead of the FOMC
Silver enters one of the most important macro weeks of the quarter as markets shift their attention from Asia-Pacific central banks toward Wednesday’s Federal Reserve decision. The metal continues operating at the intersection of monetary repricing and industrial participation, making it particularly sensitive to both real-yield expectations and manufacturing sentiment. Recent price action suggests participation
June 16, 2026 -
Gold edges higher as US-Iran peace deal eases rate-hike fears
Gold prices edged higher on Tuesday, extending gains for a fourth straight session, as a preliminary U.S.-Iran peace agreement eased rate hike concerns, while investors awaited further details on the deal. Spot gold was up 0.4% at $4,322.99 per ounce, as of 0431 GMT, after rising as much as 3.6% on Monday to hit its
June 16, 2026
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