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Moscow Refinery May Stay Offline Until 2027
The Moscow Oil Refinery is highly unlikely to resume production before 2027 after suffering extensiv...
JPMorgan raises S&P 500 target to 7,800, but warns of 'flash crash'
JPMorgan ups its S&P 500 price target for year-end, but warns of a possible 'flash crash' ahead....
Two words could rewrite the Fed: what happens if "maximum employment" gets struck?
The House Financial Services Committee (HFSC), chaired by Representative French Hill (R-AR), is the lower chamber's primary oversight body for banking, capital markets, housing finance, and monetary p ...
Pound Sterling Price News and Forecast: Falls as hot PPI, Starmer turmoil lift the US Dollar
The British Pound posted losses of 0.19% in back-to-back bearish days after a red-hot US inflation report, piling pressure on UK Prime Minister Keir Starmer to resign from his job. The GBP/USD trades ...
British Pound falls as hot PPI, Starmer turmoil lift US Dollar
The British Pound (GBP) posts a 0.19% loss against the US Dollar (USD) on Wednesday in back-to-back bearish days after a red-hot US inflation report, amid mounting pressure on UK Prime Minister Keir S ...
APAC FX: CNY and JPY dynamics shape flows – BNY
BNY’s Geoff Yu notes that APAC (Asia-Pacific) currencies remains underowned outside the Korean Won (KRW) and Japanese Yen (JPY), as investors revisit the region for diversification but remain wary of ...
Euro: Trading mildly softer against US Dollar – Scotiabank
Scotiabank strategists Shaun Osborne and Eric Theoret report EUR/USD trading softer near 1.1711, extending its recent downward drift as markets weigh US–Iran tensions and UK political risks alongside ...
United States EIA Crude Oil Stocks Change below forecasts (-2.1M) in May 8: Actual (-4.306M)
United States EIA Crude Oil Stocks Change below forecasts (-2.1M) in May 8: Actual (-4.306M)
British Pound: Weakens agains Euro as political risks weigh – ING
ING’s Chris Turner reports that Sterling weakened independently as UK politics took centre stage, with Prime Minister Keir Starmer facing potential leadership challenges from figures like Wes Streetin ...
British Pound softens against Japanese Yen amid rising uncertainty over UK leadership
GBP/JPY extends losses for the second consecutive day on Wednesday as the British Pound (GBP) comes under broad pressure, weighed down by rising political uncertainty in the United Kingdom.
Wix.com (WIX) misses Q1 earnings and revenue estimates
Wix.com (WIX - Free Report) came out with quarterly earnings of $0.68 per share, missing the Zacks Consensus Estimate of $1.21 per share. This compares to earnings of $1.55 per share a year ago. These ...
Pound Sterling Price News and Forecast: GBP/USD extends decline below 20-day EMA
The GBP/USD pair is down 0.25% to near 1.3500 during the European trading session on Wednesday. The Cable faces selling pressure as the US Dollar (USD) trades firmly due to growing expectations that t ...
GBP/USD Price Forecast: Extends decline below 20-day EMA
The GBP/USD pair is down 0.25% to near 1.3500 during the European trading session on Wednesday. The Cable faces selling pressure as the US Dollar (USD) trades firmly due to growing expectations that t ...
Euro extends losses below 1.1700 as Eurozone data disappoints
The Euro (EUR) extends losses against the Dollar (USD) for the second consecutive day on Wednesday, trading below 1.1700 at the time of writing after rejection at 1.1790 on Tuesday.