Oil Price Forecast: Red Sea Supply Risks Could Push Crude Oil to $120.Oil prices may extend their rally as rising supply risks strengthen the bullish outlook for WTI and Brent crude.

investingLive Asia-Pacific market moving news: Trump nears pivotal Iran decision.Markets are approaching what could be a decisive stretch in the US Iran conflict, according to Axios, with Trump said to be nearing a choice between a 10 day ceasefire aimed at reopening the Strait of Hormuz and a full scale joint campaign with Israel, as US forces continue massing in the region.

Swiss Franc weakens as safe-haven demand lifts US Dollar.Swiss Franc weakens as safe-haven demand lifts US Dollar

Japan PM Takaichi: Will guide economic, fiscal policy with due heed to fiscal sustainability.Japan PM Takaichi: Will guide economic, fiscal policy with due heed to fiscal sustainability

United States Dollar Index holds ground near 101.00 amid rising safe-haven demand.United States Dollar Index holds ground near 101.00 amid rising safe-haven demand

Australian Dollar strengthens above 0.7000 despite rising US-Iran tensions.Australian Dollar strengthens above 0.7000 despite rising US-Iran tensions

New Zealand CPI Hits 4.1% as Fuel Costs Reinforce RBNZ Challenge.New Zealand's consumer prices rose 1.5% qoq in the second quarter, lifting annual inflation to 4.1% from 3.1%, in line with market expectations. The acceleration was driven overwhelmingly by energy-related costs, with petrol prices surging 20.1% over the quarter and contributing nearly half of the quarterly increase in the Consumer Price Index.

First Impressions: NZ Consumer Prices, June Quarter 2026.Consumer prices rose 1.5% in the June quarter. That saw the annual inflation rate rise to 4.1%.

British Pound struggles as traders evaluate BoE policy, UK political developments.British Pound struggles as traders evaluate BoE policy, UK political developments

New Zealand Dollar rises above 0.5850 as hotter CPI data bolsters case for more RBNZ rate hikes.New Zealand Dollar rises above 0.5850 as hotter CPI data bolsters case for more RBNZ rate hikes

WTI slips below $82.00 as temporary diplomatic signals emerge.WTI slips below $82.00 as temporary diplomatic signals emerge

Canadian Dollar falls to one-week low vs USD on divergent BoC-Fed bets, Trump tariffs.Canadian Dollar falls to one-week low vs USD on divergent BoC-Fed bets, Trump tariffs

Euro declines to near 1.1400 as US launches fresh strikes on Iran.Euro declines to near 1.1400 as US launches fresh strikes on Iran

Rupee hits two-month low despite RBI intervention as crude oil surge weighs.The Indian rupee fell to a two-month low against the dollar on Monday. This decline occurred despite significant interventions by the central bank.

Singapore Dollar: CPI and MAS in focus – OCBC.Singapore Dollar: CPI and MAS in focus – OCBC

SEO headline: Carney says Canada ready to intensify trade talks after new US tariffs.The Canadian dollar softened modestly on the news earlir, extending a period of currency weakness tied to the broader tariff standoff with Washington. Carney's measured tone, emphasising continued willingness to negotiate rather than immediate retaliation, may limit further downside for now, though markets will be watching closely for any sign Ottawa moves to match the new duties as it has done with previous US measures.

US President Donald Trump to impose 50% tariff on some Canadian products.US President Donald Trump to impose 50% tariff on some Canadian products

Malaysian Ringgit: External risks weigh on MYR against US Dollar – OCBC.Malaysian Ringgit: External risks weigh on MYR against US Dollar – OCBC

New Zealand Q2 CPI 4.1% y/y (expected 4.0%) and 1.5% q/q (expected 1.4%).I'll have more to come on this separately. For now, just the numebrs!

Breaking: New Zealand's CPI inflation climbs to 4.1% YoY in Q2, vs 4.0% expected.Breaking: New Zealand's CPI inflation climbs to 4.1% YoY in Q2, vs 4.0% expected

New Zealand Consumer Price Index (YoY) came in at 4.1%, above expectations (4%) in 2Q.New Zealand Consumer Price Index (YoY) came in at 4.1%, above expectations (4%) in 2Q

GBP/JPY Price Forecast: Uptrend pauses, bulls eye 219 breakout.GBP/JPY Price Forecast: Uptrend pauses, bulls eye 219 breakout

Chinese Yuan: Rangebound trade guided by fix against US Dollar – OCBC.Chinese Yuan: Rangebound trade guided by fix against US Dollar – OCBC

Malaysian Ringgit: Growth supports range against US Dollar – Commerzbank.Malaysian Ringgit: Growth supports range against US Dollar – Commerzbank

Trump hits Canada with new tariffs on alcohol, dairy and autos.The fresh round of duties lands in the middle of an already fraught USMCA review process and risks reopening a trade fight that had partially cooled earlier this year. Targeting alcohol, dairy and autos hits politically sensitive sectors on both sides of the border, raising the likelihood of a swift Canadian response.

Mexican Peso gains as risk appetite boosts Peso, weighs on USD.Mexican Peso gains as risk appetite boosts Peso, weighs on USD

Natural Gas Price Forecast: Support Holds as Rebound Faces Resistance.Natural gas continues to hold a key support zone, but a rebound attempt faces multiple resistance levels that will determine whether the broader downtrend can reverse.

Crude Oil spends Monday selling the war, then buys the revenge post.Crude Oil spends Monday selling the war, then buys the revenge post

Asia FX: Oil rebound pressures INR and THB – MUFG.Asia FX: Oil rebound pressures INR and THB – MUFG

Axios: Trump is focusing on making Iran pay for violations of MOU and recent US deaths.Fresh comments from a U.S. official suggest that any potential ceasefire with Iran remains secondary to the Trump administration's broader objective of holding Tehran accountable. According to the official, President Trump is focused on making Iran "pay" for alleged violations of the memorandum of understanding, its continued actions in the Strait of Hormuz, and the recent deaths of U.S. soldiers.