Trump, Xi Focus on Trade and AI at White House Summit 
Asian Stocks Fall as Bond Yields Surge Ahead of Trump-Xi Summit 
Germany’s 2026 Growth Outlook Strengthens on Fiscal Spending 
US 10-Year Treasury Yield at 6% Emerges as New Market Risk Threshold 
Dollar Holds Near Two-Month High as Yen Approaches 160 
Oil Prices Jump 3% as Houthi Attack Revives Supply Fears 
Japanese Yen Rebounds as Trump Flags Currency Weakness 
Dollar Falls as Oil Eases, Yen Jumps on Intervention Signals 
Gold Holds Near $4,275 as Rising Treasury Yields Fuel Fed Rate Hike Bets 
U.S. Dollar Hits Two-Month High as Oil, Treasury Yields Surge 
China Agrees to Buy 20 Million Tons of U.S. Coal 
Fed Unveils Stablecoin Rules Under GENIUS Act 
Gold Prices Fall as Treasury Yields Rise on Fed Rate Hike Bets 
Japanese Bank Stocks Surge as Bond Yields Fuel Rate Hike Bets 
Asian Stocks Fall as Surging Bond Yields Rattle Markets 
Australia Unemployment Hits Five-Year High Despite Strong Jobs Growth 
Fed’s Hammack Says Bond Yield Surge Is Not Driven by Inflation Fears 
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The U.S. dollar edged higher on Monday as geopolitical tensions between Israel and Iran drove safe-haven demand, with investors bracing for key central bank decisions this week. Fears of a broader regional conflict intensified after Israel’s surprise attack on Friday led to the suspension of U.S.-Iran nuclear talks. Analysts warn that Iran may attempt to block the Strait of Hormuz, a vital oil trade route, posing broader economic risks.
The dollar rose 0.14% to 144.3 yen, while the euro slipped 0.14% to $1.1534. The greenback was steady against the Swiss franc at 0.81, and the dollar index held firm at 98.25. Risk-sensitive currencies like the Australian and New Zealand dollars saw marginal gains. Despite recent gains, analysts remain cautious on the dollar’s longer-term trajectory, especially if the Federal Reserve signals a dovish stance.
Brown Brothers Harriman’s Win Thin noted that the dollar’s safe-haven status may be tested, particularly amid weakening U.S. fundamentals. Markets expect the Fed to keep rates unchanged on Wednesday, with investors closely watching for comments on slowing economic growth and persistent inflation risks. Chris Weston of Pepperstone said the Fed's growth forecast will likely shift downward, keeping its policy tone neutral.
The Bank of Japan is also expected to maintain rates on Tuesday, though it may begin scaling back bond purchases next fiscal year. Central banks in the UK, Sweden, and Norway are also set to announce policy updates this week.
In commodities, gold climbed 0.22% to $3,435.5 an ounce, nearing April’s record high. Longer-dated U.S. Treasuries dipped slightly after Friday’s gains, reflecting market caution over potential inflationary effects from ongoing geopolitical turmoil.
