Asia markets set to open mixed as oil jumps on Trump rejecting Iran proposa

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Asia-Pacific markets were set to open mixed Monday as higher oil prices and escalating tensions between the U.S. and Iran weighed on investor sentiment after President Donald Trump‘s rejected Tehran’s latest proposal to end the war. Iran submitted a new proposal to U.S. negotiators focused on ending the Middle East conflict. Iran’s semi-official Tasnim news agency said …

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Recent inflation data was ‘bad news,’ Fed’s Goolsbee says

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Austan Goolsbee, President and CEO, Federal Reserve Bank of Chicago speaks at The Capital Hilton during the 42nd annual National Association for Business Economics Economic Policy Conference on February 24, 2026 in Washington, DC. Luke Johnson | Getty Images Inflation data last week was “bad news” for the U.S. Federal Reserve and means the Fed …

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