bunhill Asian equity markets were in the red on Monday as the standoff between US President Donald Trump and Iran over the Strait of Hormuz intensified, pushing oil prices higher and further fueling global inflation worries. With the conflict now entering its fourth week, President Donald Trump has issued a 48-hour ultimatum for Iran to reopen the Strait of Hormuz or face direct strikes on its pow...
bunhill Asian equity markets were in the red on Monday as the standoff between US President Donald Trump and Iran over the Strait of Hormuz intensified, pushing oil prices higher and further fueling global inflation worries. With the conflict now entering its fourth week, President Donald Trump has issued a 48-hour ultimatum for Iran to reopen the Strait of Hormuz or face direct strikes on its power infrastructure. The intensifying rhetoric has sent oil prices surging and reignited global inflation fears, leaving investors with little visibility on a potential path to de-escalation. WTI crude futures traded above $99 per barrel on Monday after climbing to as high as $101.5 earlier in the session, as investors assessed President Donald Trump’s ultimatum urging Iran to reopen the Strait of Hormuz. Gold prices fell below $4,400 per ounce on Monday, extending its selloff into a fourth week. Bitcoin ( BTC-USD ) traded around $68,000 in late March, holding most of its recent losses at a two-week low, as fresh threats and attacks involving the US, Israel, and Iran weighed on risk sentiment. The benchmark KOSPI fell more than 5% to around 5,480 on Monday, tracking a sharp regional selloff. The South Korean won fell past 1,500 per dollar, marking its weakest level since March 2009, as escalating US–Iran tensions rattled markets. Japan ( NKY:IND ) fell 3.52% to below 51,700, while the broader Topix Index declined 3.2% to 3,494 on Monday, with both benchmarks hitting their lowest levels in more than two months. The Japanese yen weakened toward 159.5 per dollar on Monday, nearing the key 160 level that has previously triggered market intervention. Japan’s 10-year government bond yield rose above 2.3% on Monday, marching toward multi-decade highs reached earlier this year. China ( SHCOMP ) fell 2.50% to around 3,880, while the Shenzhen Component fell 1.3% to 13,690 on Monday, with mainland stocks hitting three-month lows , and the offshore yuan weakened to around 6.915 on Monday...
Coompia77 8:30 AM Chicago Fed National Activity Index The Chicago Fed National Activity Index is a monthly index that tracks overall economic activity and inflationary pressures. The CFNAI is a weighted average of 85 existing monthly indicators of national economic activity. 10:00 AM Construction Spending The dollar value of new construction activity on residential, non-residential, and public pro...
Coompia77 8:30 AM Chicago Fed National Activity Index The Chicago Fed National Activity Index is a monthly index that tracks overall economic activity and inflationary pressures. The CFNAI is a weighted average of 85 existing monthly indicators of national economic activity. 10:00 AM Construction Spending The dollar value of new construction activity on residential, non-residential, and public projects. Data are available in nominal and real (inflation-adjusted) dollars. Spending is seen up 0.3 percent in January on month after rising by the same 0.3 percent in December. More on U.S. Markets Stay Invested In U.S. Stocks, Don't Panic Sell, Also Buy Gold S&P 500: The Technicals Align (Technical Analysis) Central Banks Spook The Market Stocks to watch after hours on Friday: XPEG, BMY, PFE 3 things to look forward to on Monday
Craig Bellamy takes a seat at his desk and connects his laptop to a projector showing its contents on the opposite wall, the desktop background barely visible behind a maze of files and folders. The Wales head coach whizzes through a few clips – every single training session he has ever conducted is there – and reels off some of the statistical indicators of Wales' improvement during his year and ...
Craig Bellamy takes a seat at his desk and connects his laptop to a projector showing its contents on the opposite wall, the desktop background barely visible behind a maze of files and folders. The Wales head coach whizzes through a few clips – every single training session he has ever conducted is there – and reels off some of the statistical indicators of Wales' improvement during his year and a half in charge. It can be hard to keep up. Behind him are two framed Wales shirts and a framed photo of the late Gary Speed, his friend and former team-mate and coach, during his time as Wales manager. Other than a copy of Bellamy's autobiography on the desk, there is little else decorative in this neat, sparse office at Dragon Park. Bellamy chooses to work at Wales' national development centre on the outskirts of Newport because, in his words, this is a football place. The Football Association of Wales may have its headquarters in the Vale of Glamorgan but, outside of international camps, that is as much to do with matters off the field – from finance and marketing to grassroots administration – as it is the elite game. Here, it is all football, just as Bellamy likes it. Coaches and analysts pop in occasionally but, in the main, he is left to it. "Socially I can be very awkward – not on purpose – but when it comes to football, I'm really open and happy," he says. "If a person wants to stop me in the street and talk football, unfortunately you can't get rid of me." Happily, that becomes clear as this conversation morphs into a four-hour epic, rich with unexpectedly heartfelt and humorous detours. In an exclusive interview where Bellamy grants BBC Sport Wales rare access into his working methods and outlook on life, this is a glimpse inside the mind of a man who has been described as a football "genius".
The global energy crisis caused by the war in Iran is equivalent to the combined force of the twin oil shocks of the 1970s and the fallout of Russia’s invasion of Ukraine, the head of the International Energy Agency has warned. Fatih Birol, the IEA’s executive director, said the growing fallout could be seriously compounded through interuptions to the “vital arteries of the global economy”, includ...
The global energy crisis caused by the war in Iran is equivalent to the combined force of the twin oil shocks of the 1970s and the fallout of Russia’s invasion of Ukraine, the head of the International Energy Agency has warned. Fatih Birol, the IEA’s executive director, said the growing fallout could be seriously compounded through interuptions to the “vital arteries of the global economy”, including petrochemicals, fertilisers, sulfur and helium. Speaking at the National Press Club of Australia in Canberra on Monday, Birol said the depth of the problems in energy markets caused by American and Israeli bombings in Iran, and the closure of the stragetic strait of Hormuz, had not initally been properly understood by world leaders. That situation prompted his intervention last week, when the IEA pushed for demand-side measures such as increases in the number of employees working from home, a temporary lowering of speed limits on highways and reduced air travel. He warned that at least 40 energy assets in the Gulf region had been severely or very severely damaged, so even an end to the conflict would not immediately restore energy supply. Birol said that about 5m barrels of oil had been lost each day in the two crises in 1973 and 1979. Russia’s 2022 invasion of Ukraine had removed about 75bn cubic metres (bcm) of natural gas from international markets. But the current crisis, which started with bombings against the regime in Tehran on 28 February, already represented the loss of 11m barrels of oil per day and about 140 bcm of gas. Before meetings with the Australian prime minister, Anthony Albanese, Birol told journalists: “This crisis, as things stand now, is two oil crises and one gas crisis put all together.” On 11 March, Birol oversaw the release of 400m barrels of oil from strategic reserves, the largest emergency measure in its history. There was a surplus in global oil markets at the start of 2026, but strikes on ships in the strait of Hormuz, through which about...
The amount of heat trapped by the Earth reached record levels in 2025, with the consequences of such warming feared to last for thousands of years, the UN warned on Monday. The 11 hottest years ever recorded were all between 2015 and 2025, the United Nations’ WMO weather and climate agency confirmed in its flagship State of the Global Climate annual report. Last year was the second or third hottes...
The amount of heat trapped by the Earth reached record levels in 2025, with the consequences of such warming feared to last for thousands of years, the UN warned on Monday. The 11 hottest years ever recorded were all between 2015 and 2025, the United Nations’ WMO weather and climate agency confirmed in its flagship State of the Global Climate annual report. Last year was the second or third hottest year on record, at about 1.43 degrees Celsius above the 1850-1900 average, the World Meteorological Organization said. Advertisement “The global climate is in a state of emergency. Planet Earth is being pushed beyond its limits. Every key climate indicator is flashing red,” said UN Secretary General Antonio Guterres. Paris in July 2025, when the city was on red alert for high temperatures. Photo: AFP “Humanity has just endured the 11 hottest years on record. When history repeats itself 11 times, it is no longer a coincidence. It is a call to act.”