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Two More Oil Tankers Attacked Near Strait of Hormuz
Two more tankers were attacked near the Strait of Hormuz on Sunday, one in Hormuz and the other off ...
Asian shares are mixed and oil prices fall about $1.50 as Trump says US will buy diesel from Russia
BANGKOK (AP) — Asian shares were mixed and oil prices fell about $1. President Donald Trump’s plan t...
Nato should prepare for deadly Russian ‘hybrid’ attack, says Poland
Foreign minister Radosław Sikorski says risk of casualties is rising as Moscow escalates sabotage ca...
September’s US employment report to rock the markets
We highlight today release of the US employment report for September. The NFP figure is expected to drop to 90k, compared to August’s 162k and the unemployment rate to remain unchanged at 4.1%.
Goldman bought Shein shares worth $220mn after dismal IPO
Shares in fast-fashion retailer have tumbled 38% since listing in Hong Kong last month
S&P 500: Resilient as Fed tone turns dovish – Deutsche Bank
Deutsche Bank’s Early Morning Reid team reports that the S&P 500 broke a three-day losing streak, helped by a pullback in US Treasury yields and more dovish FOMC commentary. Despite strong US data and ...
British Pound holds near three-month lows, US Dollar shines as global yields surge
The British Pound (GBP) shows marginal gains against the US Dollar (USD) on Friday, with the GBP/USD pair trading just above 1.3200, yet unable to take any significant distance from the four-week lows ...
US Dollar: Fed pricing supports Dollar resilience – ING
ING’s Chris Turner notes that the French debt sell-off triggered a reassessment of global rate expectations, but US short-dated yields only corrected modestly.
US Nonfarm Payrolls expected to soften in September
The United States (US) Bureau of Labor Statistics (BLS) is set to release September Nonfarm Payrolls (NFP) data on Friday at 12:30 GMT.
Swiss Franc: Safe-haven appeal strengthens – Commerzbank
Commerzbank’s Michael Pfister argues that rising global bond yields and mounting government debt concerns are increasingly supporting the Swiss Franc over the Euro. He notes Switzerland’s debt brake a ...
How Much Downside Is Left In CVS Health Stock?
CVS Health (CVS) stock lost 12.7% in the past month without company news, and peers UnitedHealth, Cigna and Elevance Health fell too. The S&P 500 rose 0.6% over the same month. The shares now trade 22 ...
Euro sinks to 17-month low – Lagarde calls for a 'measured' ECB approach
The Euro briefly sank below the 1.1220 level on Thursday - its lowest level in 17-months - as investors reacted to both the sell off in debt globally and fears over widening spreads in the common bloc ...
Pound outperforms Euro as UK-EU ties boost Sterling
The pound is now clearly outperforming the euro so far this week, with GBP/EUR breaking out of the range it has held for the best part of the last couple of months.
Australian Dollar flattens against Japanese Yen after Tokyo CPI data
The Australian Dollar (AUD) turns flat at around 109.50 against the Japanese Yen (JPY) during the European trading session on Friday after recovering early losses.