Live Forex News
Real-time financial news from around the world.
Published Monday – Friday, 24 hours a day.
New Zealand
New Zealand Q2 Inflation Rate Highest Since 2023
Annual inflation in New Zealand accelerated to 4.1% in Q2 2026, from 3.1% in Q1, and was above forecasts of 4.0%, surpassing the RBNZ’s 1–3% target range, marking the highest rate since Q4 2023. The largest contributor was the transport group, where prices jumped 10.6% (vs 3.3% in Q1), mainly driven by petrol (up 27.5%) and other vehicle fuels and lubricants (up 71.0%). The second-largest contributor was the housing and household utilities group, where prices rose 3.6% (vs 3.4% in Q1), with electricity prices rising 12.0%. Meanwhile, faster inflation was also seen in alcoholic beverages and tobacco (2.8% vs 2.3%), clothing (2.5% vs. 1.3%), household contents (0.3% vs 0.0%), and communication (6.8% vs 4.6%), while inflation moderated for food (2.8% vs 4.0%), health (4.0% vs 4.1%), and miscellaneous goods and services (1.0% vs 2.2%). Quarterly, the CPI rose 1.5% in Q2, accelerating from a 0.9% increase in Q1, above estimates of 1.4% and marking the highest level since Q3 2023.
Crypto Updates: Ether Rises by 1.20%
Today's cryptos market is characterized by modest daily movements, with Ether standing out as the frontrunner with a 1.20% increase.
Agricultural Commodities Updates: Soybeans Rises by 1.78%
Top commodity gainers are Soybeans (1.78%) and Canola (1.77%). Biggest losers are Wheat (-1.28%) and Rubber (-0.51%).
Metals Commodities Updates: Copper Rises by 1.10%
Top commodity gainers are Copper (1.10%) and Silver (0.65%). Biggest losers are Platinum (-1.04%), Steel Rebar (-1.03%), Silicon (-0.60%) and Gold (-0.22%).
Energy Commodities Updates: Methanol Spikes by 6.57%
Top commodity gainers are Methanol (6.57%), Germany Natural Gas THE (2.14%), Natural Gas EU (2.14%), Brent Crude Oil (1.27%) and Crude Oil WTI (0.90%). Biggest losers are Natural gas (-2.47%) and Propane (-0.65%).
FX Updates: South Korean Won Rises by 0.82%
Top currency gainers are South Korean Won (0.82%), Brazilian Real (0.72%), Mexican Peso (0.50%) and Dollar Index (0.23%). Biggest losers are Swedish Krona (-0.52%), Canadian Dollar (-0.44%), Swiss Franc (-0.33%), Euro (-0.24%), British Pound (-0.21%) and Japanese Yen (-0.06%).
Argentina
Argentina Trade Surplus Widens in June
Argentina's trade surplus widened to $2.19 billion in June 2026 from $0.88 billion a year earlier, marking its 31st consecutive month of positive trade balances. Exports rose 24.5% year-on-year to $9.06 billion, with growth broad-based across all major categories. Agricultural manufactures surged 31.6%, driven by higher shipments of fats and oils, food industry residues and waste, and meat products. Industrial manufactures also advanced 31.4%, supported mainly by chemicals and related products, as well as base metals and metal products. Exports of fuels and energy climbed 31.1%, as higher international prices more than offset lower shipment volumes. Imports increased 7.3% to $6.86 billion, driven primarily by fuels and lubricants, whose purchases soared 126.3%. Imports of intermediate goods rose 9.5%, while consumer goods increased 3.3%. In contrast, capital goods fell 8.0%, parts and accessories for capital goods declined 9.4%, and motor vehicle imports dropped 10.6%.
Brazil
Ibovespa Slips Amid US-Iran Tensions
The Ibovespa shed 0.2% to close at 173,371 as gains in banking stocks failed to offset weakness in the broader market amid concerns over further escalation in the Middle East. Oil prices swung sharply amid the worsening conflict between the US and Iran, the geopolitical risks and energy-driven inflation concerns weighed on sentiment. Utilities posted losses, with Sabesp down 0.8% and CPFL shedding 1.2%. Vale lost 1.4% as iron ore prices declined amid seasonal weakness in Chinese steel demand and narrowing mill margins. Other notable laggards included WEG (-1.1%) and Rede D'Or (-0.9%). Meanwhile, major banks advanced after the BCB's Focus survey showed the market lowered its 2026 inflation forecast for the third consecutive week. Itaú gained 0.8% and Bradesco rose 0.7%. Petrobras added 0.6% on higher oil prices.
Canada
TSX Falls as Financials Post Losses
The S&P/TSX Composite Index fell 0.8% to close at 34,960 on Monday, weighed down by financial stocks. Major banks were among the biggest decliners as escalating US-Iran tensions pushed oil prices higher, lifting bond yields despite Canada's softer-than-expected June inflation report. RBC lost 2.1%, TD Bank shed 2.3%, BMO fell 1.9%, CIBC retreated 2.6%, and Scotiabank closed 2.3% lower. In contrast, Shopify (+1.1%) and Celestica (+2.4%) advanced, tracking the rebound in US technology shares. Energy stocks closed higher on rising oil prices, with Canadian Natural up 0.7% and Cenovus adding 1.5%. On the data front, Canada's annual inflation rate eased to 2.8% in June 2026 from 3.2% in May, slightly below forecasts of 2.9%.
United States
US Stocks Slip as Middle East Risks Weigh
US stock indices closed mostly lower on Monday as gains in technology stocks failed to offset weakness in the broader market amid concerns over further escalation in the Middle East. The S&P 500 lost 0.2%, the Dow shed 307 points and the Nasdaq 100 closed nearly flat. Traditional sectors came under pressure after oil prices swung sharply amid the worsening conflict between the US and Iran. Treasury yields rose as energy-driven inflation concerns reinforced expectations of a Fed rate hike later this year. Major banks traded lower, with JPMorgan (-0.6%) and Bank of America (-1.4%) declining. Manufacturers also posted losses, with Applied Materials shedding 0.7%. Meanwhile, chipmakers rebounded following the recent tech pullback as markets continued to assess whether AI hyperscalers will slow spending on AI infrastructure in the coming quarters. Broadcom gained 2%, Micron added 1.9%, AMD advanced 1.6%, and Intel rose 2.1%. Alphabet gained 1.5% ahead of its guidance update on Wednesday.
Crypto Updates: Ether Rises by 1.94%
Top crypto gainers are Ether (1.94%) and Bitcoin (1.33%).
Agricultural Commodities Updates: Lumber Gains by 1.91%
Top commodity gainers are Lumber (1.91%) and Canola (1.83%). Biggest losers are Wheat (-1.35%) and Rubber (-0.51%).
Metals Commodities Updates: Silver Rises by 1.54%
Top commodity gainers are Silver (1.54%) and Copper (1.52%). Biggest losers are Steel Rebar (-1.03%), Silicon (-0.60%), Iron Ore CNY (-0.52%) and Gold (-0.22%).
Energy Commodities Updates: Methanol Surges by 6.57%
Top commodity gainers are Methanol (6.57%), Germany Natural Gas THE (2.14%), Natural Gas UK (1.59%), Brent Crude Oil (0.73%) and Crude Oil WTI (0.17%). Biggest losers are Natural gas (-1.95%), Gasoline (-0.84%) and Propane (-0.65%).
United States
US Stocks Trim Gains
US stocks trimmed early gains and traded mixed on Monday as escalating geopolitical tension weighed against fresh support from chip producers. The S&P 500 and the Nasdaq 100 were slightly higher, while the Dow fell over 200 points. Long-term Treasury yields rose after the US and Iran extended strikes on Monday, while Houthi forces stated they would attack commercial vessels from Saudi Arabia in the Red Sea. Fuel costs remained elevated and risked pro-inflationary pressures that support the outlook of a Fed rate hike this year. Apple and Oracle dropped around the 3% level, while Morgan Stanley and Goldman Sachs erased early gains to fall over 1% each. Still, chip producers gained as markets continued to gauge whether AI hyperscalers are due to slow spending on AI infrastructure in the next quarters. Micron and Sandisk rose 5%. Alphabet gained 2% ahead of its guidance update on Wednesday, the latest bellwether for both chip and software development capital expenditure.
Canada
Canadian Bond Yield Edges Higher
The yield on Canada's 10-year government bond rose above 3.57% in July, the highest in two months, as investors weighed rising US Treasury yields against soft Canadian inflation data. US bond yields increased as tensions between the US and Iran escalated over the weekend, sending oil prices higher before they pared most of their gains following comments from Iran's foreign ministry indicating that negotiations with the US could continue. Meanwhile, Canada's annual inflation rate eased to 2.8% in June 2026 from 3.2% in May, slightly below forecasts of 2.9%. Gasoline prices increased at a slower pace, while the Bank of Canada's preferred core inflation measures fell to their lowest levels in more than five years, reinforcing the BoC's view that the impact of higher energy costs stemming from the Middle East oil supply crisis is not spreading broadly throughout the economy. The softer inflation data reduced expectations of further Bank of Canada interest rate hikes this year.
Canada
Canadian Dollar Slips from 1-Month High
The Canadian dollar weakened to around 1.41 per USD in July, pulling back from a near one-month high following the release of June's inflation report. Canada's annual inflation rate eased to 2.8% in June 2026 from 3.2% in May, slightly below forecasts of 2.9%. Gasoline prices increased at a slower pace, while the Bank of Canada's preferred core inflation measures fell to their lowest levels in more than five years, reinforcing the BoC's view that the impact of higher energy costs stemming from the Middle East oil supply crisis is not spreading broadly throughout the economy. The softer inflation data reduced expectations of further Bank of Canada interest rate hikes this year, lowering the relative yield that attracts foreign capital. At its latest meeting, the Bank of Canada kept its key policy rate unchanged at 2.25%, as widely expected.
Euro Area
European Stocks Close Muted
European stock indices closed muted on Monday, holding the losses from last week amid a deteriorating macroeconomic backdrop ahead of major earnings results to be reported this week. The Euro STOXX 50 closed flat at 6,228 and the STOXX Europe 600 dropped 0.3% to 639.9. European natural gas prices extended their surge after escalated attacks by US and Iran halted LNG tanker flows through the Strait of Hormuz, raising inflationary risks in the Eurozone. The ECB is still expected to hold rates unchanged this week, but markets piled on bets of another rate hike this year. Banks were mixed ahead of a big week of earnings for the sector, with Santander edging lower, while UniCredit and BNP Paribas added 0.5% and 1.1%. Meanwhile, LVMH lost more than 1.3% as higher yields across the globe dented the outlook for discretionary spending. Meanwhile, Ryanair tanked 5.2% as higher fuel costs bit into second quarter earnings.
United Kingdom
Sterling Falls After Burnham Takes Office
The British pound fell to around $1.342 on Monday as investors assessed the appointment of Andy Burnham as the UK's new prime minister and continued to monitor the outlook for monetary policy. Burnham, who succeeded Keir Starmer unopposed, becomes the country's seventh prime minister in the past decade and the second since Labour returned to power in 2024. He reaffirmed his commitment to existing fiscal rules while signalling he is considering raising the income tax personal allowance, which has remained frozen in recent years. Attention has now shifted to his choice of chancellor, with reports that Shabana Mahmood is the leading candidate. Meanwhile, elevated oil prices continued to fuel inflation concerns, reinforcing expectations that the Bank of England will keep interest rates higher for longer.
United Kingdom
UK 10-Year Gilt Yield Rises to 2-Month High
The UK 10-year gilt yield rose above 5%, the highest in two months, as elevated oil prices kept inflation concerns alive and reinforced expectations that the Bank of England will maintain higher interest rates for longer. Investors also assessed the political transition after Andy Burnham officially became the UK's prime minister on Monday, accepting King Charles III's invitation to form a government. Burnham, who succeeded Keir Starmer unopposed, is the UK's seventh prime minister in the past decade and the second since Labour returned to power in 2024. He reaffirmed his commitment to the government's fiscal rules while signalling he is considering raising the income tax personal allowance, which has been frozen for years. Markets are now focused on his choice of chancellor, with reports that Shabana Mahmood is the leading candidate.
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