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EU Locks In Plan To Triple Energy Storage Capacity By 2030
Europe desperately needs an energy storage revolution. As the region gets rocked by the third energy...
Oil Traders Stay Bearish Despite Deepening Middle East Disruptions
Despite continued hostilities in the Middle East and an expansion of the war to the Red Sea, oil tra...
S&P closes at record high as soft jobs report eases rate-hike concerns
STORY: U.S. stocks rallied on Friday, with the Dow gaining more than a quarter of a percent, the S&P...
Europe: Export to US slump and tariff risks – Standard Chartered
Standard Chartered’s Christopher Graham notes that European Union (EU) exports to the United States (US) are now contracting at rates comparable to COVID and GFC (Great Financial Crisis) periods, pote ...
United States API Weekly Crude Oil Stock came in at -2.188M below forecasts (-1.65M) in May 8
United States API Weekly Crude Oil Stock came in at -2.188M below forecasts (-1.65M) in May 8
GBP/USD Price Forecast: Dark-cloud cover looms as bears eye 1.3500
GBP/USD retreats by over 0.55% on Tuesday amid political turmoil in the UK, as pressure mounts on Prime Minister Keir Starmer to step aside following cabinet resignations. Technically, the formation o ...
United States Monthly Budget Statement below forecasts ($220B) in April: Actual ($215B)
United States Monthly Budget Statement below forecasts ($220B) in April: Actual ($215B)
Oil: Iran tensions and China demand shifts – Commerzbank
Commerzbank’s Barbara Lambrecht and colleagues note Brent has jumped as Iran–US tensions escalate and US policy debates gasoline tax relief. China’s crude Oil imports fell sharply in April, with furth ...
US Dollar: Neutral range trading outlook – TD Securities
TD Securities’ FX team, led by Jayati Bharadwaj and colleagues, keeps a neutral short-term stance on the US Dollar (USD) following the April United States (US) Consumer Price Index (CPI) release.
New Zealand Dollar declines amid strong US inflation as focus shifts to RBNZ outlook
NZD/USD trades around 0.5940 on Tuesday at the time of writing, down 0.41% on the day, pressured by stronger-than-expected inflation data from the United States (US).
Pound Sterling Price News and Forecast:Falls as US inflation surprises, UK political turmoil weighs
GBP/USD declines around 1.3525 on Tuesday at the time of writing, down 0.62% on the day, as the US Dollar (USD) benefits from renewed demand following stronger-than-expected US inflation data and a mo ...
British Pound: Political risks weigh on GBP – MUFG
MUFG’s Lee Hardman reports that the Pound (GBP) has weakened as UK political uncertainty intensifies after poor local election results for the government. EUR/GBP has risen and cable has fallen, with ...
Silver price declines as hot US inflation bolsters Dollar despite industrial support
Silver (XAG/USD) declines on Tuesday, stalling a four-day winning streak, trading around $84.10 at the time of writing, down 2.18% on the day.
British Pound falls as US inflation surprises, UK political turmoil weighs
GBP/USD declines around 1.3525 on Tuesday at the time of writing, down 0.62% on the day, as the US Dollar (USD) benefits from renewed demand following stronger-than-expected US inflation data and a mo ...
Brazil IPCA Inflation below forecasts (0.7%) in April: Actual (0.67%)
Brazil IPCA Inflation below forecasts (0.7%) in April: Actual (0.67%)