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Stocks Rise Pre-Bell as Traders Await Fed Policy Decision, Inflation Report, Big Tech Earnings
The benchmark US stock measures pointed higher before the opening bell Monday as traders gear up for...
Stock market today: Dow, S&P 500, Nasdaq futures rise ahead of busy week of earnings, Fed rate decision
Investors braced for a full earnings docket and the Federal Reserve's next policy decision this week...
British Pound: Stronger PMIs lean hawkish for BoE – Danske Bank
Danske Research Team notes UK flash PMIs strengthened in October, with the composite rising to 53.1 ...
Silver Price Forecasts: XAG/USD hits highs past $69.00 amid US Dollar weakness
Silver (XAG/USD) rallies for the third consecutive day on Friday, hitting fresh two-month highs above $69.00 in the early European session.
Turkey Capacity Utilization fell from previous 73.9% to 73.5% in August
Turkey Manufacturing Confidence increased to 102.8 in August from previous 102.2
Turkey Consumer Confidence rose from previous 89.8 to 90.8 in August
Indian Rupee: Higher profile after hawkish RBI – MUFG
MUFG’s Michael Wan highlights that FX measures to attract US Dollar (USD) inflows into India have significantly lowered Indian Rupee (INR) rates via added liquidity, with limited impact on USD/INR.
Euro holds gains against British Pound after weaker UK Retail Sales data
The EUR/GBP cross posts modest gains to around 0.8570 during the early European session on Friday. The British Pound (GBP) edges slightly lower against the Euro (EUR) following disappointing UK econom ...
United States Dollar Index remains below 99.00 as 10-year US yield steadies
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is holding losses after registering minor gains in the previous day and trading around 98.80 du ...
The Japanese Yen’s historic rescue is running out of steam
The Japanese Yen staged a spectacular 900-pip comeback after a historic US-Japan intervention. Less than three weeks later, that rescue is already showing signs of fading.
France Business Climate in Manufacturing above forecasts (101) in August: Actual (103)
Equities: Mixed recovery after US selloff – Deutsche Bank
Deutsche Bank strategists note that United States (US) equities fell sharply as earlier gains in fixed income reversed, with losses across the S&P 500, Nasdaq and Magnificent Seven. Weak Walmart earni ...
Forex Today: US Dollar stays near multi-month lows ahead of key PMI data
Here is what you need to know on Friday, August 21:
August global PMI surveys offer some distraction today
The US Treasury curve bear steepened yesterday, with yields rising by 2.5 bps (2-yr) to 5.7 bps (30-yr). The move almost fully reversed the temporary relief by the US Treasury’s announcement to upscal ...