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Insurers face losses as riots in France become ‘like natural catastrophes’
Similar events now expected to occur every year, prompting government efforts to require properties ...
Stock market today: Dow, S&P 500, Nasdaq futures mixed as AI trade rebound stalls
The S&P 500 and Nasdaq pointed lower as the AI trade rebound stalled....
Stocks Mostly Down Pre-Bell as Earnings Take Center Stage
US equity futures were mostly pointing lower on Tuesday as investors await a fresh round of corporat...
Fundamentals expected to guide the markets
The USD got some support in the FX market yesterday as the US PCE rates for July failed to slow down, implying a resilience of inflationary pressures in the US economy. Today we expect fundamentals to ...
Accenture to acquire Japan’s COMWARE; terms not disclosed
The Bank of Korea raised its policy rate
Yesterday’s beat by the July PCE (3.7% headline, 3.3% core) was miniscule in size but was nevertheless responsible for the biggest move on a daily basis.
AbbVie files for EMA approval of Skyrizi for Crohn’s disease treatment
US Dollar: Inflation data supports gains – UOB
UOB Global Economics & Markets Research notes that US PCE inflation for July slightly exceeded expectations, helping US Treasury yields to rise and supporting the US Dollar against most G10 currencies ...
Switzerland Employment Level (QoQ) rose from previous 5.537M to 5.698M in 2Q
Euro edges down against British Pound despite upbeat German Consumer Confidence data
The Euro (EUR) is trading higher for the third consecutive day against the British Pound (GBP) on Thursday, but the pair keeps ticking down from session highs at the European opening time, despite the ...
Another Tanker Struck as Hormuz Shipping Crisis Deepens
Yet another tanker has been struck by a projectile in the Strait of Hormuz, the UK Maritime Trade Operations said today, as quoted by DPA. The report follows earlier attacks that continue despite effo ...
Hungary Gross Wages (YoY) down to 7.1% in June from previous 8.7%
WTI falls below $81.00 as Iran-Oman talks fuel hopes of Hormuz reopening
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $80.90 during the early European trading hours on Thursday. WTI slumps as hopes grow for a reopening of the Strait of Hormu ...
Globus Medical expands digital health portfolio via acquisition of Higgs Boson Health
AUD/USD Price Forecast: Hawkish RBA bets support rally towards 0.7275
The Australian Dollar (AUD) is up 0.2% to near 0.7185 against the US Dollar (USD) during the European trading session on Thursday. The Aussie pair strengthens as hotter-than-projected Australian Consu ...