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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...
Brazil Retail Sales (MoM) registered at 0.5% above expectations (0%) in March
Brazil Retail Sales (MoM) registered at 0.5% above expectations (0%) in March
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 ...
Gold Price Forecast: XAU/USD holds near $4,700 despite high US yields
Gold (XAU/USD) ticks lower for the second consecutive day on Wednesday, but remains steady, halfway through the weekly trading range, trading a few pips below $4,700 at the time of writing.
LNG: Oil shock boosts fuel-switch economics – ING
ING economists Gerben Hieminga and Rico Luman argue that the Middle East conflict and closure of the Strait of Hormuz have sharply lifted oil-based bunker costs, improving LNG’s relative appeal.
India M3 Money Supply increased to 12% in April 27 from previous 11.9%
India M3 Money Supply increased to 12% in April 27 from previous 11.9%
Canadian Dollar: BoC minutes watched for policy clues – TD Securities
TD Securities’ Global Strategy Team highlights that markets will scrutinize the Bank of Canada’s Summary of Deliberations for more detail on April’s decision and two‑sided guidance.
ECB’s Rehn: Monetary policy should not be based on oil prices alone
European Central Bank (ECB) official and Finnish Central Bank Governor Olli Rehn said during European trading hours on Wednesday that higher oil prices should not be the only factor to direct monetary ...
United States MBA Mortgage Applications up to 1.7% in May 8 from previous -4.4%
United States MBA Mortgage Applications up to 1.7% in May 8 from previous -4.4%
ECB to hike interest rates in June – Reuters poll
According to a Reuters poll, the European Central Bank (ECB) will hike the deposit rate by 25 basis points (bps) to 2.25% in June, said 59 of 70 economists (vs 44 of 85 in April survey).
Euro reversal against British Pound nears 0.8650 after soft Eurozone data
The Euro (EUR) is showing one of the weakest performances among the G8 currencies on Wednesday, and extends its reversal against the British Pound (GBP) to levels nearing 0.8650 at the time of writing ...
ECB's Muller: Fast Hormuz solution needed to hold in June
European Central Bank (ECB) policymaker Madis Muller said on Wednesday that a fast resolution in the Strait of hormuz is needed for the ECB to hold rates unchanged in June.
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.