OPEC+ set to agree another 550,000 bpd hike for September – Reuters

Citing five sources familiar with the discussions, Reuters reported on Monday that OPEC+ oil producers are set to approve another output boost by 550,000 barrels per day (bpd)for September when it meets next on August 3.

Jul 7, 2025

USD/JPY jumps to near 145.40 as US trade jitters resurface

The USD/JPY pair gains sharply to near 145.45 during the European trading session on Monday, the highest level seen in a week.

USD/CHF advances beyond 0.7970 with US tariffs boosting risk aversion

The US Dollar and the Swiss Franc are the best performers among major currencies on Monday, as investors rush for safety, anxious that Trump’s tariffs will cause a significant disruption in global trade. Between them, however, the Dollar is showing a mild advantage.