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Canadian Dollar trims gains as US-Iran tensions and hawkish Fed outlook support the US Dollar
The Canadian Dollar trims part of its intraday gains as uncertainty surrounding a final US-Iran peac...
US Drillers Add Oil, Gas Rigs As Hormuz Transit Resumes
The total number of active drilling rigs for oil and gas in the United States rose this week, accord...
Bond yields are falling as inflation pops. The Fed’s tough talk under Warsh is helping.
Kevin Warsh, the new Federal Reserve chair, is helping coax Treasury yields lower by talking tough o...
Japan’s Kihara: Watching market moves with very high sense of urgency
Japan Chief Cabinet Secretary Seiji Kihara said during the European trading session on Monday that the administration is watching market moves, including long-term rates, with a very high sense of urg ...
Gold: Rates shock weighs on metals – OCBC
OCBC’s Christopher Wong reports sharp corrections in Gold and Silver as higher yields and a stronger Dollar overwhelmed safe-haven demand. Silver underperformed after a prior high-beta rally linked to ...
British Pound recovers from over one-week low vs weaker JPY; GBP/JPY retakes 212.00
The GBP/JPY cross stages a modest recovery from a one-and-a-half-week trough, set earlier this Monday, and retakes the 212.00 mark during the early European session.
Silver Price Forecast: XAG/USD slides further to near $75 as high oil prices extend gains
Silver price (XAG/USD) is down over 1% to near $75.00 during the European trading session on Monday. The white metal extends its two-day massive decline as rising oil prices due to fears of the United ...
Turkey Consumer Confidence rose from previous 85.5 to 85.8 in May
Turkey Consumer Confidence rose from previous 85.5 to 85.8 in May
UK Deputy to PM Lammy: There will be no timetable for departure
United Kingdom (UK) Deputy David Lammy to Prime Minister (PM) Keir Starmer said during the European trading session on Monday that the PM will not set out a timetable for his departure from Downing St ...
Forex Today: US Dollar strengthens on Fed rate hike bets, US-Iran deadlock
Here is what you need to know on Monday, May 18:
Brent: Supply risks keep prices elevated – ING
ING analysts Warren Patterson and Ewa Manthey say Brent remains supported as the oil market reprices ongoing supply disruptions linked to the US-Iran standoff and tensions in the Persian Gulf.
EUR/GBP Price Forecast: Euro dips to session lows sub-0.8720 in risk-off markets
The Euro (EUR) rally against the British Pound (GBP) has been capped at 0.8730 on Monday, and the pair retreats to session lows sub-0.08720 at the time of writing.
Equities: Broad-based risk-off as bond yields surge – Danske Bank
Danske Research Team reports that global equities fell on Friday and remain weak, with Asian markets and US and European futures softer.
Lagarde on bond market rout: I always worry, that's my job
European Central Bank President Christine Lagarde said at the sidelines of the G7 finance ministers meeting in Paris, "I always worry, that's my job!” when asked if she was worried by a sell-off in gl ...
Nvidia earnings preview: AI rally faces its next reality check
Nvidia is expected to report fiscal Q1 2027 earnings for the quarter ended 26 April 2026 on 20 May 2026, and this is no longer just a company-specific event. For many investors, Nvidia has become the ...