Chinese carmakers grabbed another record share of Europe's car market last month, luring buyers still wary about going fully electric with more affordable hybrid vehicles. One in four sales of all hybrids sales in the region are Chinese brands, according to Dataforce. Hybrids are an EV stepping-ston

The S&P 500 ended marginally up on Friday after US and Iranian negotiators were exploring a phased path out of war. Despite that, Iran will make no nuclear concessions, Iranian official says. US stocks historically experience a period of weakness whenever the Fed begins a new cycle of interest r

The euro is hovering near its lowest point of the year on Wednesday. This weakness is being driven by a twin crisis—a global energy shock and mounting political instability across Europe. German Chancellor Friedrich Merz faces political pressure to scale back promised reforms following far-right sta

The Australian dollar stays at a nearly 2-month low Tuesday as markets doubted that renewed efforts to end the Iran war would get anywhere after Trump rejected Tehran's ceasefire proposal. Australia's unemployment rate unexpectedly climbed to a five-year high in August, despite a solid rebound in jo

European stocks ended slightly higher on Tuesday as market watchers monitored unfolding US-Iran tensions for potential impacts on oil prices and market sentiment. Germany's top economic institutes have doubled their 2026 growth forecast to 1.3% and raised projections for 2027, according to sources.

Oil prices slid on Thursday though Asia's imports of crude oil rose in September to the highest level since the start of the Iran war. Pezeshkian said on Wednesday that Tehran would never surrender to the US but still believes in diplomacy. On Tuesday, Trump used a speech at the same forum to make h

Mainland Chinese and Hong Kong stocks rallied this week after the US and China agreed to hold further talks on AI. The Trump administration maintains export controls on the most advanced chips to Beijing. Investors seeking to diversify beyond crowded AI trades in Korea and Japan are increasingly sei

The Japanese yen weakened n Tuesday as traders bet that Japan will fall behind a global shift toward higher interest rates, maintaining a wide yield gap with international central banks. Markets are currently pricing in a 30% probability that the BOJ will hike its interest rate to 1.5% in October, w

The yuan stayed around its strongest level in more than 4 years on Monday as the PBOC continued to guide the currency higher ahead of a meeting between Chinese leader and US president. Expectations are high that the summit may result in an extension of the bilateral trade truce that will expire in N

Asian stocks tracked Wall Street higher on Friday, with China's A50 hovering around 15,000. Saudi Arabia's critical pipeline to the Red Sea suffered a recent attack from Iran, cutting throughput by 700,000 bpd. Foreign investors pulled $70.3 billion from emerging market assets, especially Asian stoc

The FTSE China A50 index traded higher on Wednesday after a surprise slowdown in US inflation scaled back market expectations for interest rate hikes. Importantly service costs moderated significantly last month. Trump warned of potential strikes against Iran's power plants and bridges soon if negot

On Friday, oil prices declined, driven by market confidence in alternative transport links for Middle Eastern oil, which balanced out anxieties over clashes between Saudi Arabia and the Houthi movement in Yemen. Markets remained largely unconcerned by potential supply risks. A prolonged closure of t