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Two More Oil Tankers Attacked Near Strait of Hormuz
Two more tankers were attacked near the Strait of Hormuz on Sunday, one in Hormuz and the other off ...
Asian shares are mixed and oil prices fall about $1.50 as Trump says US will buy diesel from Russia
BANGKOK (AP) — Asian shares were mixed and oil prices fell about $1. President Donald Trump’s plan t...
Nato should prepare for deadly Russian ‘hybrid’ attack, says Poland
Foreign minister Radosław Sikorski says risk of casualties is rising as Moscow escalates sabotage ca...
China M2 Money Supply (YoY) came in at 8.6%, above expectations (8.5%) in April
China M2 Money Supply (YoY) came in at 8.6%, above expectations (8.5%) in April
GBP/JPY Price Forecasts: British Pound dives to 213.30 despite positive UK data
The British Pound (GBP) keeps trading within previous ranges against the Japanese Yen (JPY) on Thursday.
US Dollar Index steadies following news of positive Trump-Xi summit
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is remaining in the positive territory for the fourth consecutive day and trading around 98.50 ...
British Pound: External flows and fiscal risks – BNY
Geoff Yu at BNY argues that the Pound’s (GBP) resilience cannot rely solely on higher rate expectations as United Kingdom (UK) political uncertainty and prospects of fiscal loosening weigh on gilts.
Trump-Xi meeting was good and both agree for Hormuz to remain open - Reuters
According to a White House official, the meeting between United States (US) President Donald Trump and Chinese leader Xi Jinping was “good” and they both discussed ways to enhance economic cooperation ...
US Dollar Index: Supported but capped on topside – OCBC
OCBC strategist Christopher Wong highlights that hot United States (US) Consumer Price Index (CPI) and Producer Price Index (PPI) pushed Treasury yields higher, but US Dollar Index (DXY) gains lacked ...
New Zealand Dollar consolidates with a bearish tilt as domestic economic risks increase
NZD/USD moves sideways after three days of losses, trading around 0.5930 during the European hours on Thursday.
Japanese Yen clings to losses against US Dollar as hawkish Fed bets escalate
The Japanese Yen (JPY) reflects weakness against the US Dollar (USD) during the European trading session on Thursday, with the USD/JPY pair holding onto the two-week high near 158.00. The pair remains ...
Gold: Indian tariff hike weighs on demand – ING
ING's commodities strategists Warren Patterson and Ewa Manthey report that India, a key Gold consumer, has sharply increased import tariffs on Gold and Silver to support the rupee and foreign exchange ...
Euro flatlines above 1.1700 with ECB Lagarde, Trump-Xi summit on focus
The Euro (EUR) is hovering right above 1.1700 against the Dollar (USD) on Thursday, about 0.65% lower so far this week.
US Dollar: Gains extend on hotter US inflation – MUFG
MUFG’s Michael Wan notes that a stronger-than-expected United States (US) April Producer Price Index (PPI) print has driven a hawkish repricing of Federal Reserve (Fed) expectations, lifting Treasury ...
Dow Jones futures gain on tech rally, awaits Trump-Xi talks updates, US Retail Sales
Dow Jones futures rise 0.30% to near 49,950 during the European hours on Wednesday, ahead of the United States (US) regular opening. Meanwhile, the S&P 500 advance 0.19% to near 7,480, and the Nasdaq ...