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Copper: Mixed China signals and positioning shifts – ING

ING’s Warren Patterson and Ewa Manthey say China’s latest trade data for Copper are mixed, with higher unwrought Copper imports in May but lower year-to-date volumes due to stronger domestic refined o ...

U.S. to Release LNG and LPG Reserves to ASEAN Countries

The United States will release liquefied natural gas and liquefied petroleum gas from its strategic reserves to sell to ASEAN members, Deputy Secretary of State Christopher Landau said today at an ASE ...

Xpeng CEO He Xiaopeng to take helm of robotics unit - report

Euro remains near two-month lows with all eyes on US CPI release

The Euro (EUR) ticks up for the third consecutive day against the US Dollar (USD) on Wednesday, but remains capped below a previous support zone at 1.1575, with the two-month lows, in the 1.1500 area, ...

S&P 500: Tech-led swings as AI exuberance cools – Deutsche Bank

Deutsche Bank’s Jim Reid describes a volatile session for US equities, with a sharp intraday tech sell-off largely reversing by the close. The S&P 500 and NASDAQ finished modestly lower, while semicon ...

XCF Global retains Nasdaq listing via approved 180-day compliance extension

Oil: Hormuz risks and hidden flows – Rabobank

Rabobank’s Global Strategist Michael Every highlights that Oil prices fell as the United States (US) energy secretary reported rising Hormuz transits, with evidence the US Navy may be moving more crud ...

Tango Therapeutics prices upsized $600M public offering at $30/share

US Dollar Index: CPI and geopolitics underpin strength – MUFG

MUFG’s Lloyd Chan highlights that a potentially hotter US CPI print could reinforce expectations of higher-for-longer US interest rates, underpinning broad US Dollar strength.

Austria Industrial Production (YoY) fell from previous 1.7% to 0.6% in April

Austria Industrial Production (YoY) fell from previous 1.7% to 0.6% in April

Euro flatlines against British Pound as traders brace for ECB rate decision

The EUR/GBP cross trades on a flat note near 0.8625 during the early European trading hours on Wednesday. Traders prefer to wait on the sidelines ahead of the European Central Bank (ECB) interest rate ...

Forex Today: Markets await US inflation data, BoC rate decision

Here is what you need to know on Wednesday, June 10: