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Are we sleepwalking into World War III?
As regional conflicts rage and revisionist powers challenge the established order, warnings of a new...
Trump exempts Russia from further sanctions mandated by new law
US president gives Putin a reprieve on threatened energy measures after cutting deal with Moscow to ...
Euro holds gains against British Pound after weaker UK Retail Sales data
The EUR/GBP cross posts modest gains to around 0.8570 during the early European session on Friday. The British Pound (GBP) edges slightly lower against the Euro (EUR) following disappointing UK econom ...
Micron CEO calls memory ‘strategic infrastructure of the AI era’
United States Dollar Index remains below 99.00 as 10-year US yield steadies
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is holding losses after registering minor gains in the previous day and trading around 98.80 du ...
The Japanese Yen’s historic rescue is running out of steam
The Japanese Yen staged a spectacular 900-pip comeback after a historic US-Japan intervention. Less than three weeks later, that rescue is already showing signs of fading.
Australia’s Beetaloo Shale Basin Is About to Start Pumping Gas
First gas from Australia’s Beetaloo shale basin is scheduled to start flowing next month, with initial production of 37 million cu m, Reuters has reported, noting hopes that the country could replicat ...
France Business Climate in Manufacturing above forecasts (101) in August: Actual (103)
Equities: Mixed recovery after US selloff – Deutsche Bank
Deutsche Bank strategists note that United States (US) equities fell sharply as earlier gains in fixed income reversed, with losses across the S&P 500, Nasdaq and Magnificent Seven. Weak Walmart earni ...
Forex Today: US Dollar stays near multi-month lows ahead of key PMI data
Here is what you need to know on Friday, August 21:
Parker-Hannifin declares $2.00 dividend
August global PMI surveys offer some distraction today
The US Treasury curve bear steepened yesterday, with yields rising by 2.5 bps (2-yr) to 5.7 bps (30-yr). The move almost fully reversed the temporary relief by the US Treasury’s announcement to upscal ...
British Pound holds gains against a weak US Dollar despite downbeat UK Retail Sales
The British Pound (GBP) trades firm against the US Dollar (USD) on Friday, with the GBP/USD pair pushing against six-month highs in the 1.3660 area at the time of writing, on track for a 0.8% weekly r ...
Retail Sales ‘dry up’ in July amid 0.5% downturn
Retail Sales dried up in July as the heatwave put shoppers off hitting the high street, highlighting the pressure retailers are facing during the crucial summer trading period.