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S&P 500, Nasdaq See Worst Day In Over Two Months As Chipmaker Rout Deepens, CPI Data Comes In Hot — AAPL, SPCX, DRAM, SOXX In Focus
The consumer price index rose 3.7% in September, above what economists expected....
Gold slumps to near $4,100 as hotter US CPI increases Fed rate hike odds
Gold price (XAU/USD) falls to near $4,100 during the early Asian session on Thursday. The precious m...
Euro breaks to a 17-month low as US core inflation beats forecasts
1.1150 had stopped EUR/USD's fall four times since October 5, and it gave way on hotter US inflation...
US Dollar Index Price Forecast: 101.80 remains key support zone ahead of FOMC minutes
The US Dollar (USD) trades higher against its major peers ahead of the release of Federal Open Market Committee (FOMC) minutes of the September policy meeting at 18:00 GMT.
Figure Technology posts 107% Y/Y surge in Q3 consumer loan marketplace volume to $5.12B
Shell forecasts Q3 upstream output of up to 1.84M boed, $300M write-off
Euro: Rebound capped by resistance against US Dollar – UOB
United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann highlight that EUR/USD bounced on Tuesday as the US Dollar Index (DXY) slipped, but they still see the broader Euro (EUR) downtren ...
2.0%: Germany's Industrial Production rises faster-than-expected in August
Industrial Output, in the Eurozone’s economic powerhouse, climbed by 2.0% over the month in August, the federal statistics authority Destatis showed on Wednesday in figures adjusted for seasonal and c ...
Fed hike bets ease ahead of FOMC Minutes
Asia market update: Cautious trading prevails near record highs; JGB curve steady after BoJ comments, wages and extra-budget talk; RBI raises key repurchase rate +25bps as expected; Asian corporate ea ...
Oil risks overshadow supply recovery
From the US, the minutes from the September FOMC meeting will be released tonight. We will look for signs of the FOMC being more divided than the unanimous decision to hike rates by 25bp suggested.
Q3 earnings preview: When a beat is no longer enough
The setup for Q3 earnings is strong, but that is precisely what makes this season more demanding.
USD/JPY Price Forecast: Clings to gains near 158.50, over one-week top amid firmer USD
The USD/JPY pair touches a one-and-a-half-week high, around mid-158.00s during the Asian session on Wednesday, with bulls shrugging off fears about a potential government intervention to support the J ...
Brent Back Above $100 as Houthis Hit Saudi Infrastructure
More Top Reads From Oilprice.com IPO Market Stalls Four Months After SpaceX's $75 Billion Debut Europe's Power Grid Is Digitalizing Faster Than Regulators Can Keep Up G7’s 100 Million Barrel Release ...
WTI Price Forecast: Sticks to gains near $89.50; bulls seem hesitant below 200-SMA on H4
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – attracts some follow-through buying for the second consecutive day on Wednesday, building on the previous day's rebound from an over ...
USD/INR remains broadly muted after RBI’s 25 bps hike in Repo Rates to 5.5%
The Indian Rupee ((INR) remains broadly muted at around 96.37 against the US Dollar (USD) after the Reserve Bank of India’s (RBI) monetary policy decision. In the policy meeting, the RBI decide to hik ...