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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...
US President Trump weighs military options as Iran rejects US memo – Axios
US President Donald Trump is meeting with his national security team on Monday, considering the possibility of resuming military action against Iran, as Tehran’s response fell short of complying with ...
Dow Jones Industrial Average steady as Iran rebuff lifts Oil, CPI in focus
US equity index futures opened the week little changed as Wall Street weighed a renewed flare-up in the US-Iran standoff against this week's marquee inflation print.
US President Trump: Iran's proposal is a stupid proposal
United States (US) President Donald Trump said that Iran’s proposal was “stupid” and that they agreed on his terms, but then reversed on them. Trump told reporters in the Oval Office on Monday.
WTI Oil climbs on Trump rejection of Iran peace plan, Hormuz closure fears
West Texas Intermediate (WTI) Oil posts strong gains on Monday, with the US benchmark trading around $94.70 at the time of writing, up 3.18% on the day after opening the week with a significant bullis ...
Australian Dollar surges as traders await US CPI, Trump rejects Iran deal
AUD/USD surges toward the 0.7260 region on Monday, supported by improving demand for commodity-linked currencies despite renewed geopolitical tensions after United States (US) President Donald Trump r ...
Euro: Recovery against US Dollar targets key Fib level – Scotiabank
Scotiabank strategists Shaun Osborne and Eric Theoret report the Euro (EUR) is slightly softer versus the Dollar (USD), struggling against resistance in the upper 1.17s as softer European Central Bank ...
Swiss Franc regains traction as USD eases from intraday highs amid stalled US-Iran negotiations
The Swiss Franc (CHF) regains traction against the US Dollar (USD) on Monday, with USD/CHF pulling back after opening the week with a bullish gap as the Greenback gives up part of its earlier gains wh ...
Japanese Yen: Choppy trade versus US Dollar around intervention line – OCBC
OCBC’s FX Christopher Wong describes USD/JPY as a two-way trade after suspected Ministry of Finance (MoF) intervention capped gains near 160. He notes bearish daily momentum but says fundamentals are ...
Silver price rallies to two-month high as US-Iran tensions boost haven demand
Silver (XAG/USD) extends its rally on Monday and trades around $84.85 at the time of writing, up 5.60% on the day. The white metal continues its bullish momentum, breaking to fresh two-month highs, su ...
US Dollar Index: DXY trading in range as inflation eyed – ING
ING’s Chris Turner notes the Dollar has started the week slightly stronger as hopes for a Middle East ceasefire fade and Oil prices jump. He highlights US April Consumer Price Index (CPI) as the key r ...
Canadian Dollar: Risks skewed higher against US Dollar – Scotiabank
Scotiabank strategists Shaun Osborne and Eric Theoret note the Canadian Dollar (CAD) is a mild outperformer versus the US Dollar (USD), supported by firmer Oil, even as USD/CAD trades about one standa ...
Australian Dollar: Carry appeal boosted by RBA stance – MUFG
MUFG analysts highlight that the Australian Dollar has outperformed since the Middle East conflict, supported by higher energy prices and a hawkish Reserve Bank of Australia.