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Update: Tech Stocks Drag Down Equity Index Futures Pre-Bell Amid AI, Gulf Worries
(Updates with latest index futures, equity, and oil prices in the second, third, and sixth paragraph...
Exchange-Traded Funds, Equity Futures Decline Pre-Bell Friday as Investors Shift Focus From Middle East to Technology Stocks
The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was down 0.7%, and the actively t...
Saudi Arabia Set to Slash Oil Prices as Hormuz Reopens
Saudi Arabia is expected to slash the official selling prices of its crude loading for Asia in Augus...
British Pound dips to weekly lows following soft UK inflation figures
The British Pound (GBP) extends losses against the US Dollar (USD) on Wednesday, with the GBP/USD pair hitting a weekly low of 1.3410 at the time of writing.
UK inflation maintains lowest level in more than a year, steady at 2.8%
Euro strengthens against British Pound after UK CPI data, traders eye BoE rate decision
The EUR/GBP cross gathers strength to around 0.8650 during the early European trading hours on Wednesday. The British Pound (GBP) weakens against the Euro (EUR) following the UK inflation report for M ...
United States Dollar: Rate-driven support into FOMC – BNY
BNY’s Geoff Yu notes that the Dollar is firming ahead of the FOMC as iFlow data show it increasingly driven by rate expectations rather than safe-haven demand. Clients are net sellers of the Canadian ...
Positioning for peace: A US-Iran deal rotation playbook
Markets do not only react to headlines. They rotate around them.
Intel says 18A-P manufacturing process node enters risk production phase
U.S. stalls blacklist plans for DeepSeek, Chinese tech firms to avoid escalating tensions - report
Brent Oil: Peace framework drives declines – Deutsche Bank
Deutsche Bank’s Jim Reid and colleagues note that Brent Oil has extended its decline as markets react to reports of a 14‑point US–Iran peace framework, including waivers for Iranian exports and reopen ...
Aegon appoints Will Fuller as President & COO; selects NYC for global HQ
Forex Today: Fed rate decision and revised dot plot to ramp up volatility
Here is what you need to know on Wednesday, June 17:
SpaceX soars: Another IPO to watch closely this year
IPO activity post-pandemic has fluctuated significantly, primarily driven by economic uncertainty, rising interest rates, and inflation, all of which have impacted investor sentiment.
United Kingdom CPI inflation holds steady in April: What 2.8% means for British Pound
The United Kingdom (UK) headline Consumer Price Index (CPI) climbed 2.8% over the year in May, compared to a rise of 2.8% in April, the data released by the Office for National Statistics (ONS) showed ...