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Nasdaq Futures Slide Premarket As AI Spending Worries Resurface — Oil Tops $112 On Iran Tensions, Supply Concerns
Lam Research and Tesla led losses as investors reassessed AI spending, while fears of renewed milita...
Tech, Oil Worries Undercut Wall Street Pre-Bell; Asia, Europe Down
Wall Street futures pointed lower pre-bell Thursday on mounting Persian Gulf hostilities and crude p...
Fed preview: On hold in October, hiking resumes later
The Fed began its hiking cycle with a 25bp hike at the September meeting, but we expect rates to sta...
China RatingDog Services PMI fell from previous 54.4 to 54.1 in June
China RatingDog Services PMI fell from previous 54.4 to 54.1 in June
Nvidia revealed missing puzzle piece of its long-term strategy
Investors seem to be missing or misunderstanding the key details of Nvidia’s long-term strategy. We can see this in the stock's performance. Nvidia (NVDA) stock is up 5.94% year to date at the time of ...
Japanese Yen reverses modest Asian session losses against USD as intervention risks loom
The USD/JPY pair attracts fresh sellers following a modest Asian session uptick to the 161.50 region and turns lower for the second straight day on Friday.
Japan's Katayama: Ready to act appropriately on currency fluctuations
Japan’s Finance Minister Satsuki Katayama said on Friday that officials are ready to act appropriately on currency fluctuations. However, Katayama decllined to comment on specific currency levels.
PBOC sets USD/CNY reference rate at 6.8047 vs. 6.8088 previous
On Friday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.8047 compared to the previous day's fix of 6.8088 and 6.7808 Reuters estimate.
British Pound strengthens to near 1.3350 as cooling US labor market weighs US Dollar
The GBP/USD pair trades with mild gains near 1.3350 during the early Asian trading hours on Friday. The US Dollar (USD) edges lower against the British Pound (GBP) on a weaker-than-expected US Nonfarm ...
WTI remains below $68.50 amid easing Middle East tensions
West Texas Intermediate (WTI) oil price inches lower after registering modest gains in the previous day, trading around $68.40 during the Asian hours on Friday. The global energy market is experiencin ...
Natural gas set to surpass oil as top U.S. energy source by 2030
Euro softens below 1.1450 as softer Eurozone inflation trims ECB hike bets
The EUR/USD pair declines to around 1.1420 during the early Asian session on Thursday, pressured by a soft Eurozone inflation outlook. The US Dollar (USD) strengthens against the Euro (EUR) despite di ...
Japan Jibun Bank Services PMI came in at 52.2, above expectations (51.8) in June
Japan Jibun Bank Services PMI came in at 52.2, above expectations (51.8) in June
Ecolab closes $4.75B CoolIT acquisition, updates full-year guidance
Ireland AIB Services PMI: 54.2 (June) vs 50.8
Ireland AIB Services PMI: 54.2 (June) vs 50.8