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Oil is set for the largest quarterly price drop in 6 years as historic supply crunch eases
Workarounds for the Strait of Hormuz chokepoint and a drop in crude imports to China helped ease the...
BoE’s Bailey: “We have time to judge the pass-through of higher energy prices”
Bank of England (BoE) Governor Andrew Bailey said in comments to CNBC that policymakers have time to...
Update: Equity Markets Rise Intraday, Poised for Strong Quarterly Gains
(Updates with latest market prices and developments.) US benchmark equity indexes were higher int...
Brent: Volatile swings on Iran headlines – Deutsche Bank
Deutsche Bank analysts highlight that Brent Oil has seen sharp moves as markets react to prospects for a US-Iran deal. Brent crude fell 19.3% in May, its biggest drop since March 2020, and declined 11 ...
European markets begin June on a cautious note amid mixed May PMIs and geopolitical risks
France's May manufacturing PMI drops to 49.70 from 52.80 in April
Austria Unemployment Rate declined to 7.1% in May from previous 7.5%
Austria Unemployment Rate declined to 7.1% in May from previous 7.5%
British Pound sits near one-month top vs weaker JPY; below 215.00 amid intervention risks
The GBP/JPY cross attracts some follow-through buyers at the start of a new week and climbs to a one-month peak during the early European session. Spot prices, however, remain below the 215.00 psychol ...
Canadian Dollar weakens on risk-off mood, dovish BoC’s tone
USD/CAD extends its gains for the second successive day, trading around 1.3810 during the early European hours on Monday. The pair appreciates as the US Dollar (USD) holds ground on increased safe-hav ...
Spain's May manufacturing PMI edges down to 51.20 from 51.70 in April
Spain HCOB Manufacturing PMI below forecasts (53.7) in May: Actual (51.2)
Spain HCOB Manufacturing PMI below forecasts (53.7) in May: Actual (51.2)
Australian Dollar softens below 0.7200 amid ongoing Middle East tensions
The AUD/USD pair loses momentum to around 0.7180 during the early European trading hours on Friday. Rising tensions in the Middle East weigh on the riskier assets such as the Australian Dollar (AUD) a ...
Euro holds losses against British Pound after Germany’s Retail Sales data
The EUR/GBP cross trades in negative territory near 0.8655 during the early European trading hours on Monday. The Euro (EUR) remains weak against the British Pound (GBP) following the upbeat German Re ...
German Retail Sales decline by 0.3% MoM in April vs. -0.4% expected
German Retail Sales, a key measure of consumer spending, declined again in April. The consumer spending measure fell 0.3% month-on-month (MoM), according to official data released by Destatis, while i ...
United Kingdom Nationwide Housing Prices s.a (MoM) registered at -0.6%, below expectations (-0.2%) in May
United Kingdom Nationwide Housing Prices s.a (MoM) registered at -0.6%, below expectations (-0.2%) in May