Market News - Gold, Oil & Forex

The U.S.-Iran deal and the potentially imminent reopening of the Strait of Hormuz do not mean that oil and gas trade will quickly return to its previous levels. The announcement of the deal is just the first step, and it could take months for oil and gas shipments in the region to return to pre-war levels. Middle Eastern producers have been forced to shut in more than 10 million barrels per day of oil production since the Strait of Hormuz was closed three and a half months ago. Producers will...

The Eurozone recorded a EUR 1.0bn deficit in goods trade with the rest of the world in April, a sharp deterioration from the EUR 8.7bn surplus recorded a year earlier. While exports continued to grow, stronger import demand more than offset the gains, highlighting the impact of rising external purchases on the region’s trade position. […] The post EU and Eurozone Trade Balances Slip Into Deficit Amid Strong Import Growth appeared first on ActionForex.

After months of uncertainty and escalating tensions, the United States and Iran have reached a peace agreement that includes the reopening of the Strait of Hormuz. The deal appears solid for now, though markets remain cautious - particularly given President Trump’s unpredictable track record, which leaves room for potential reversals. This shift in the geopolitical […] The post Bitcoin Analysis: Iran Peace Deal Sparks Hope - Is Bitcoin Ready to Bounce? appeared first on ActionForex.

Market Overview The crypto market capitalisation has risen by 1.8% over the past 24 hours to $2.24 trillion, spurred by the preliminary agreement between the US and Iran to end the conflict. Risk appetite has surged, pushing the crypto market towards the upper boundary of the upward channel it has been trading within since 6 […] The post Bitcoin at $66K as US-Iran Deal Revives Risk Appetite appeared first on ActionForex.

The Australian Fair Work Commission has denied Inpex a request to stop a strike at the Ichthys facility that would affect production and exports at the 9.2-million-ton facility. According to a Reuters report, the operator of Ichthys had applied to the labor regulator for a suspension of the industrial action amid persistent failure to reach an agreement with trade unions. The WTC, however, sided with the strikers, rejecting the Japanese company’s argument that suspension of normal operations at...

The EURUSD pair is starting Monday’s trading session near 1.1468. This week, global financial markets will closely monitor two pivotal drivers: the prospects of a US-Iran nuclear deal and the upcoming Federal Reserve meeting. Any signs of progress in the negotiations could strip the geopolitical premium out of oil prices, subsequently weakening safe-haven demand for […] The post EUR/USD Ahead of the New Week: Expecting High Volatility appeared first on ActionForex.

The biggest geopolitical breakthrough of 2026 may have just given Gold the catalyst it needed. Gold opened the week with a bullish gap and surged back above 4,300 after Washington and Tehran announced a formal Memorandum of Understanding to end their months-long war. The agreement, brokered through intensive mediation by Pakistan and Qatar, includes: Ceasefire: […] The post Gold’s Bullish Reversal Takes Shape After US-Iran Breakthrough, 4366 Key Test Ahead appeared first on ActionForex.

Investors are focused on the Bank of Japan’s policy meeting on 16 June. According to a published on 10 June, the majority of economists expect the benchmark interest rate to be raised to 1% - a level not seen for decades. The market is also reacting to the Producer Price Index (PPI) data […] The post Nikkei 225 Strengthens Ahead of the Bank of Japan Decision appeared first on ActionForex.

A liquefied natural gas tanker has headed for the Strait of Hormuz, following an announcement by President Trump that he had struck a deal with Iran for the reopening of the chokepoint. Itan confirmed the preliminary agreement. The agreement is scheduled to be signed on Friday, with details yet to be revealed. There will also be a 60-day ceasefire period until negotiations are completed on all conditions of the end of the war. Iran has demanded and received commitment for an end to the war in...

In Focus Today Today, the Swedish Labour Force Survey for May will be published. Public Employment Service data last week showed unchanged unemployment for the fifth straight month. Given the volatility in AKU unemployment, we avoid monthly forecasting. Statistics Sweden has also warned that non-response composition may have biased recent estimates, likely overstating unemployment in […] The post BoJ Kicks Off Central Bank Week as US-Iran Reach Peace Deal appeared first on ActionForex.