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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...
‘Worrying omens’ lurk over global economy despite resilient growth
Research for the FT shows major economies are withstanding the Iran shock but concerns about rising ...
EUR/JPY Price Forecast: Edges lower from upper descending channel top around 186.00
EUR/JPY steadies after six days of gains, trading around 185.70 during the Asian hours on Monday. The currency cross is maintaining a constructive bullish bias as it holds above both the nine-day and ...
Silver Price Forecast: XAG/USD holds gains above $75.50 amid Iran deal uncertainty
Silver price (XAG/USD) holds gains after experiencing volatility, trading around $75.60 per troy ounce during the Asian hours on Monday.
United States Dollar Index gathers strength above 99.00 on US-Iran truce deal uncertainty
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 99.05 during the Asian trading hours on Monday. The DXY ...
Australia ANZ Job Advertisements up to 1.8% in May from previous -0.8%
Australia ANZ Job Advertisements up to 1.8% in May from previous -0.8%
Fed’s Powell says credibility lost if President can fire officials
Former Federal Reserve (Fed) Chair Jerome Powell said the US central bank would damage public trust that’s required to support a strong and stable economy if any president were free to dismiss Fed off ...
US President Donald Trump seeking edits to US-Iran deal
US President Donald Trump has sought to change several terms of a proposal to end the US-Israel war on Iran, the BBC reported on Sunday. The changes are related to the Strait of Hormuz and the removal ...
China's NBS Manufacturing PMI eases to 50.0 in May, Non-Manufacturing PMI rises to 50.1
China’s official Manufacturing Purchasing Managers' Index (PMI) eased to 50.0 in May, compared to 50.3 in the previous reading. The reading came in line with the market consensus of 50.0 in the report ...
Dell, NetApp help S&P 500 aim for seventh straight up day
As Friday's US stock market session rounds the corner in its final hour, the S&P 500 index is clinging onto what might be its seventh straight day of gains. Since Wednesday, May 20, the index has clim ...
Dow Jones Industrial Average buys the Iran deal Trump described, not the one being negotiated
The Dow Jones Industrial Average (DJIA) punched out a fresh intraday record near 51,050 with the bid traceable to a Truth Social post in which President Donald Trump declared he would be in the Situat ...
Euro rises as US-Iran deal hopes sink USD, Oil
The EUR/USD edges up by 0.12% as the Greenback drops amid hostilities in the Middle East, while a US-Iran deal is pending approval by the White House and senior Iranian officials. At the time of writi ...
Canadian Dollar recovers as softer US Dollar offsets pressure from weak GDP data
USD/CAD reverses its intraday gains on Friday as a softer US Dollar (USD) helps the Canadian Dollar (CAD) recover from weakness driven by softer-than-expected Gross Domestic Product (GDP) figures.
Stratospheric valuation expected for SpaceX IPO
As IPOs go you couldn’t get a more exciting one than the prospect of a company that sends rockets into orbit, and then is able to land the boosters back on the ground to be reused again.