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Latest financial news from across the markets

Daily Market Overview

Stock markets are showing resilience despite ongoing geopolitical tensions, particularly surrounding Iran, as investors remain optimistic ahead of major tech earnings. Notably, UPS reported strong earnings that exceeded Wall Street expectations, while Spotify's stock took a hit despite beating earnings due to disappointing guidance. Treasury yields rose amid stalled U.S.-Iran peace talks, and oil prices surged past $100 per barrel, reflecting the ongoing volatility in energy markets. Meanwhile, the Bank of Japan maintained its policy rate, raising inflation forecasts in response to the geopolitical climate.

Latest Market Updates

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Op-ed: Why China blocked the Meta-Manus deal and what it says about AI race

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UAE leaves OPEC in major blow to global oil producers' group - Reuters

UAE leaves OPEC in major blow to global oil producers' group  Reuters

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