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Update: Strong Gains in Communication Services, Consumer Discretionary Lift US Equity Indexes; Crude Oil Heads Higher
(Updates with index/price moves and geopolitical news from the first paragraph.) US equity indexe...
Semiconductor stocks are surging while the ‘Magnificent Seven’ is struggling. This divergence of fortunes could be bad news for the market.
Semiconductor stocks have surged more than 80% this year, riding a wave of AI demand from the “Magni...
ADNOC, Eni Acquire Stakes In Gas Blocks Linked To Argentina’s LNG Project
Abu Dhabi’s XRG, the international investment arm of the Abu Dhabi National Oil Company (ADNOC), and...
United Kingdom S&P Global Construction PMI registered at 39.7, below expectations (45.7) in April
United Kingdom S&P Global Construction PMI registered at 39.7, below expectations (45.7) in April
Euro area: Energy shock rekindles price pressures – Societe Generale
Societe Generale economists Sam Cartwright, Michel Martinez and Jorge Garayo analyse Euro Area inflation following the latest energy shock. They note headline inflation has already risen to 3% and exp ...
GBP/JPY flatlines around 212.50 amid UK elections, Yen intervention risks
The Pound (GBP) trades practically flat around 212.50 against the Japanese Yen (JPY) on Thursday.
EUR/CZK: Sideways despite hawkish CNB risk – Commerzbank
Commerzbank’s Tatha Ghose expects the Czech National Bank (CNB) to keep rates at 3.50% but sees upside inflation risks from higher energy prices and a growing chance of at least one 25 bp hike later i ...