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Brent crude jumps and 10-year Treasury yield surpasses 5.2% as hopes for US-Iran agreement fade
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UK police release five on bail after arrests at airbase Reuters
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Oil heads higher as US-Iran peace talks in stalemate Reuters
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Stocks slip in Asia as oil climbs, bonds retreat Reuters
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Dollar firms as US-Iran tensions lift oil, hawkish Fed bets build Reuters
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Indian shares hit near six-month low as US-Iran deadlock lifts oil prices Reuters
But Washington risks missing out.
Among the world’s top fuel-consuming nations, Japan is the most energy insecure. Its import-dependency ratios are scary: It buys overseas 99.9% of the oil it needs; 99.7% of the coal; and 97.8% of the natural gas. So Tokyo springs into action after every major energy shock to reassess its supply sou
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Rather than criticising the central bank’s rate increase, Republicans should be praising Warsh for putting American families first
Adam Bowe, Managing Director and Head of Australia Portfolio Management at PIMCO, discusses the outlook for Australia's bond market ahead of the RBA's September policy decision, with markets assessing the likelihood of a further 25-basis-point rate increase. He says Australia's rate-hike cycle is fu