Dollar Falls as Oil Eases, Yen Jumps on Intervention Signals 
US 10-Year Treasury Yield at 6% Emerges as New Market Risk Threshold 
Japanese Yen Rebounds as Trump Flags Currency Weakness 
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 
Mexico-US Trade Talks Delayed to October as Tariff Negotiations Continue 
Fed Unveils Stablecoin Rules Under GENIUS Act 
Japanese Bank Stocks Surge as Bond Yields Fuel Rate Hike Bets 
Soybean Futures Slip as Traders Await Trump-Xi Trade Signals 
Oil Prices Fall on U.S.-Iran Hormuz Deal Hopes 
European Stocks Fall as Bond Yields and Geopolitical Risks Weigh 
China Agrees to Buy 20 Million Tons of U.S. Coal 
Gold Holds Near $4,275 as Rising Treasury Yields Fuel Fed Rate Hike Bets 
Trump, Xi Focus on Trade and AI at White House Summit 
Asian Stocks Fall as Surging Bond Yields Rattle Markets 
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Oil prices steadied in Asian trading on Friday after sharp losses the previous day, as investors assessed new U.S. tariff threats and closely watched signals from OPEC+ on future supply levels.
Brent crude futures for September delivery rose 0.5% to $69.01 per barrel, while West Texas Intermediate (WTI) crude gained 0.7% to $67.00 by 01:47 GMT. Both benchmarks dropped nearly 2% on Thursday after touching two-week highs earlier in the week.
Investor sentiment was shaken after U.S. President Donald Trump announced a 35% tariff on Canadian imports, effective August 1. He warned of further increases if Canada retaliates. This follows Trump’s recent tariff hikes—25% on goods from South Korea and Japan, and 50% on copper imports.
Tariff tensions typically weigh on oil demand by disrupting trade, curbing industrial activity, and slowing travel—key drivers of crude consumption. Analysts at ING highlighted tariffs as a key downside risk to global oil markets.
Meanwhile, supply-side concerns remain in focus. A Bloomberg report said OPEC and its allies (OPEC+) are considering pausing production increases after completing a planned supply boost in August. The group is set to restore 2.2 million barrels per day by September, with the final 550,000 barrels coming next month.
OPEC+ also revised down its global oil demand forecast through 2028, citing China’s slowing economy. Analysts expect oil prices to face more sustained downward pressure starting in the fourth quarter, as markets move into a potential surplus.
Despite short-term support, both geopolitical tensions and shifting supply-demand dynamics are likely to drive volatility in crude oil prices through the remainder of the year.
