US Stock Futures Fall as Treasury Yields Surge Ahead of Trump-Xi Summit 
U.S. Treasury Yields Surge as 30-Year Hits 22-Year High 
Asian Stocks Fall as Surging Bond Yields Rattle Markets 
Soybean Futures Slip as Traders Await Trump-Xi Trade Signals 
Gold Prices Fall as Treasury Yields Rise on Fed Rate Hike Bets 
Fed’s Hammack Says Bond Yield Surge Is Not Driven by Inflation Fears 
Asian Currencies Mixed as Dollar Holds Near Two-Month High 
Trump, Xi Focus on Trade and AI at White House Summit 
Oil Prices Fall on U.S.-Iran Hormuz Deal Hopes 
Japanese Yen Rebounds as Trump Flags Currency Weakness 
U.S. Dollar Hits Two-Month High as Oil, Treasury Yields Surge 
Asian Stocks Fall as Bond Yields Surge Ahead of Trump-Xi Summit 
Wall Street Ends Flat as Oil, Treasury Yields and Fed Jitters Rattle Markets 
UK PM Burnham to Unveil Economic Vision at Labour Conference 
Germany’s 2026 Growth Outlook Strengthens on Fiscal Spending 
Dollar Holds Near Two-Month High as Yen Approaches 160 
Canadian Dollar Faces Pressure as Fed-BoC Policy Gap Widens 
Add as a preferred source on Google
Oil prices rose modestly on Wednesday as markets stabilized following sharp losses over the past two sessions. Brent crude gained 75 cents, or 1.1%, to $67.89 per barrel, while U.S. West Texas Intermediate (WTI) crude increased by 71 cents to $65.08.
The rebound comes after both benchmarks hit multi-week lows—Brent's lowest since June 10 and WTI's since June 5—triggered by easing geopolitical fears after a U.S.-led strike on Iran’s nuclear facilities. The attack, which occurred over the weekend, initially drove oil prices to five-month highs due to fears of escalation and potential disruption in the Middle East.
A preliminary U.S. intelligence report indicates that the strikes did not dismantle Iran’s nuclear capabilities but delayed progress by only a few months. Tensions eased as Iran and Israel appeared to comply with a ceasefire brokered by U.S. President Donald Trump, who criticized both nations for prior violations. Civilian restrictions were lifted after 12 days of conflict, with each side claiming strategic success.
Despite the ceasefire, investors remain cautious, particularly regarding the Strait of Hormuz—a vital chokepoint where around 18–19 million barrels per day of oil transit, accounting for nearly 20% of global consumption.
Market participants are also awaiting official U.S. inventory data. Preliminary figures from the American Petroleum Institute (API) showed U.S. crude stockpiles fell by 4.23 million barrels for the week ending June 20, suggesting tightening supply. The U.S. Energy Information Administration (EIA) will release official figures later Wednesday.
The oil market remains sensitive to geopolitical developments and inventory signals, with traders closely watching the situation in the Middle East and U.S. supply trends.
