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Saudi Arabia Plans Massive Expansion of Oil Pipeline to Bypass Hormuz
Saudi Arabia plans to raise the capacity of its East-West onshore oil pipeline that helps it bypass ...
Fed’s Waller: Trump is a threat to Fed independence
Federal Reserve (Fed) Governor Christopher Waller said in the Bloomberg New Economy Forum 2026 discu...
IMF Warns Middle East War Could Derail Global Economic Growth
The energy crisis sparked by the war in the Middle East remains the biggest risk for the global econ...
United States Dollar Index (DXY) bears eye August low around 98.50 ahead of US inflation
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, attracts sellers for the third straight day and drops to a nearly three-week low, around the 98.70-98.65 area, dur ...
Oil: Risk premium builds with Persian Gulf tensions – ING
ING analysts Warren Patterson and Ewa Manthey say Oil prices are grinding higher, with ICE Brent close to $100/bbl as Middle East tensions escalate and OPEC output falls.
France Industrial Output (MoM) registered at -0.4%, below expectations (0.3%) in July
British Pound dips to 207.50 as Japanese Yen rallies, unfazed by Oil prices
The British Pound (GBP) extends losses on Wednesday as the Japanese Yen (JPY) rallies across the board, with investors bracing for a quarter-point rate hike by the Bank of Japan (BoJ) at next week’s m ...
EUR/JPY Price Forecast: Softens to near 178.50, retains bearish bias despite oversold RSI
The EUR/JPY cross trades in negative territory near 178.50 during the early European trading hours on Wednesday.
Swiss Franc strengthens as US Dollar holds losses despite Fed rate hike odds
USD/CHF loses ground for the third consecutive day, trading around 0.8090 during the Asian hours on Wednesday. The pair remains subdued as the US Dollar (USD) holds losses despite a hawkish tone surro ...
WTI eases from three-month top and slips below $92.00; supply concerns to limit downside
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – touches a fresh three-month top, around the $92.50 area during the Asian session on Wednesday, though it lacks follow-through. Nevert ...
United States Dollar Index weakens despite rising inflation concerns, Fed rate hike bets
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is losing ground for the third consecutive day and trading around 98.80 during Asian hours on W ...
Nasdaq 100 Elliott Wave expanded flat near completion before downside [Video]
The short‑term Elliott Wave outlook for the Nasdaq 100 (NQ) indicates that the rally from the July 30 low concluded in wave 1 at 30,352.16 as an impulsive structure.
Australian Dollar inches higher against Japanese Yen following China’s inflation data
AUD/JPY pares its daily losses following the release of key economic data from China, Australia's primary trading partner. However, the currency cross remains in negative territory and is trading arou ...
US targets Iranian oil tankers in response to attacks on US ships
US official said that US forces have struck multiple Iranian tankers tied to Iran’s Islamic Revolutionary Guard Corps (IRGC) in response to attempted missile attacks on a US warship, Bloomberg reporte ...
Gold slumps to near $4,350 amid oil-driven inflation fears, US inflation data in focus
Gold price (XAU/USD) falls to near $4,350 during the early Asian session on Wednesday. The precious metal faces some selling pressure as rising oil prices fueled inflation concerns and boosted expect ...