The post Brent Crude Oil Price Falls Below $84 as Trump Pauses Iran Strike Plans appeared first on Coinpedia Fintech News

The Brent crude oil price fell below $84 a barrel, while U.S. crude dropped below $79, after President Donald Trump paused planned military strikes on Iran and announced renewed diplomatic talks aimed at reopening the Strait of Hormuz. Brent briefly slid as much as 7.3% to $81.55 before recovering, unwinding part of July’s rally. Despite …

The post South Korea Stock Market Crash Wipes Out ₩2.5 Quadrillion in 40 Days appeared first on Coinpedia Fintech News

South Korea’s KOSPI Index extended its sharp decline, falling more than 10% in the latest session and triggering its ninth circuit breaker of 2026. The benchmark has now dropped 41% in just 40 days, compared with a 57% decline during the 2008 financial crisis over roughly a year. Around ₩2.5 quadrillion has been wiped from …

The post Brent Crude Oil Price Falls as Fed Rate Decision Comes Into Focus appeared first on Coinpedia Fintech News

The Brent crude oil price has fallen sharply ahead of the Federal Reserve’s policy decision, reducing market expectations of an interest rate hike. Oil prices eased after the U.S. paused military operations against Iran and renewed diplomatic talks, helping ease inflation concerns. While markets still expect the Fed to keep rates unchanged, investors are closely …

The post Japanese Yen Falls to 40-Year Low as BOJ Signals More Rate Hikes appeared first on Coinpedia Fintech News

The Japanese yen has fallen to its weakest level in nearly 40 years, according to Reuters, as markets expect the Bank of Japan (BOJ) to signal further interest rate hikes. While the BOJ is widely expected to keep its policy rate at 1% at its July 31 meeting, 86% of economists surveyed by Reuters expect …

The post Donald Trump Calls for Ending U.S. Trade With Spain appeared first on Coinpedia Fintech News

President Donald Trump said he wants the United States to end trade with Spain, criticizing the country over its NATO spending and calling it a poor alliance partner. The remarks signal a tougher stance toward a NATO ally but do not constitute an official policy change. Any change to U.S.-Spain trade would require formal government …

The post Donald Trump Says Iran Ceasefire Deal Is Over appeared first on Coinpedia Fintech News

President Donald Trump said the interim agreement with Iran to end the conflict is “over” and that he no longer wants to negotiate. The comments came after renewed U.S. strikes on Iran and Iranian attacks on U.S. military targets in Bahrain and Kuwait, as well as commercial shipping near the Strait of Hormuz. The escalation …

The post Federal Reserve Balance Sheet Rises to $6.74 Trillion appeared first on Coinpedia Fintech News

The Federal Reserve’s total assets increased by $11 billion in the week ending June 17, reaching $6.74 trillion, the highest level since March 2025. The increase was driven by a rise in Treasury holdings to $4.49 trillion, while mortgage-backed securities holdings continued to decline to $1.96 trillion. The balance sheet remains 76% above pre-pandemic levels. …

The post US-Iran Deal Talks Advance With 60-Day Roadmap Agreed in Switzerland appeared first on Coinpedia Fintech News

The United States and Iran said they made encouraging progress during talks in Switzerland and agreed on a roadmap to reach a final deal within 60 days. Working groups will address nuclear issues, sanctions, and dispute resolution, while a direct communication channel will aim to prevent incidents in the Strait of Hormuz. The sides also …

The post Bank of Japan Raises Policy Rate by 25 Bps to 1.0% appeared first on Coinpedia Fintech News

The Bank of Japan (BOJ) raised its key policy rate by 25 basis points to 1.0% on June 16, marking Japan’s highest interest rate since 1995. The decision, approved by a 7–1 vote, takes effect on June 17. The BOJ cited rising inflation risks, particularly from higher oil prices that could push companies to pass …

The post US-Iran Peace Deal appeared first on Coinpedia Fintech News

U.S. and Iranian delegations are reportedly holding a virtual meeting today to sign a peace agreement, with Pakistan and Qatar participating as mediators. A Memorandum of Understanding (MoU) is expected to be signed, with JD Vance and Mohammad Bagher Ghalibaf expected to attend. If finalized, the agreement would reopen the Strait of Hormuz to normal …