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India and Australia issued a joint statement pledging to further strengthen energy trade.

2026-07-09

India and Australia issued a joint statement pledging to further strengthen energy trade.

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2026-07-08

Hildegard Müller, president of the German Association of the Automotive Industry (VDA), said EU approval of the EU–Mexico trade agreement is important for Germany, noting roughly 70% of the sector’s jobs are supported by exports. With uncertainty aro

Hildegard Müller, president of the German Association of the Automotive Industry (VDA), said EU approval of the EU–Mexico trade agreement is important for Germany, noting roughly 70% of the sector’s jobs are supported by exports. With uncertainty around the USMCA, Müller said closer EU–Mexico economic ties signal a more stable, diversified and resilient transatlantic value chain. She said the vote removes a major obstacle and called for rapid completion of remaining EU and national ratification procedures.
2026-07-09

Thursday Asian session: spot gold slipped, trading near the week low hit in the prior session after renewed US‑Iran clashes lifted oil and rekindled concerns about higher, more persistent inflation and rates. The US military said it launched fresh st

Thursday Asian session: spot gold slipped, trading near the week low hit in the prior session after renewed US‑Iran clashes lifted oil and rekindled concerns about higher, more persistent inflation and rates. The US military said it launched fresh strikes on Iran to keep the Strait of Hormuz open to shipping, prompting Iranian attacks on targets in Kuwait and Bahrain. OANDA senior market analyst Kelvin Wong said: "The catalyst behind gold's decline is the market's re‑pricing for a second Fed rate hike in Q1 next year. After yesterday's clashes, the temporary ceasefire between the US and Iran is fragile and the situation could again become highly uncertain."
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