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US Crude Oil Inventories Continue To Falter, SPR Struggling To Pick Up the Slack
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fel...
Tech drags down world stocks, oil dips on supply hopes
A slump in high-flying technology stocks dragged down global markets Tuesday, with Wall Street tumbl...
The ‘Magnificent Seven’ correction may actually be a sign of a healthy stock market
The Big Tech grouping officially fell into correction territory on Tuesday as mounting concerns abou...
United States API Weekly Crude Oil Stock climbed from previous -8.33M to -0.765M in June 19
United States API Weekly Crude Oil Stock climbed from previous -8.33M to -0.765M in June 19
Forex Today: US Dollar surges to 13-month high as traders assess Global flash PMIs
The US Dollar Index (DXY) surged to a one-year high near 101.40 on Tuesday as investors digested the latest S&P Global US Purchasing Managers Index (PMI), which showed business activity remained resil ...
Swiss Franc falls vs USD, climbs against Euro in mixed trade
The Swiss Franc extends its losses for the fifth straight trading day against the Greenback, down 0.15%, as risk appetite sours amid the AI rout and expectations that the Federal Reserve could raise r ...
Argentina Gross Domestic Product (YoY) came in at 2.3%, above expectations (1.7%) in 1Q
Argentina Gross Domestic Product (YoY) came in at 2.3%, above expectations (1.7%) in 1Q
United States Dollar Index climbs to its highest level since May 2025 on Fed hike bets
The US Dollar Index (DXY), which tracks the Greenback's value against a basket of six major currencies, extends its rally on Tuesday, climbing to its highest level since May 2025. At the time of writi ...
AI stock round-up: Micron offers lower earnings setup, BofA sees positive AI visibility into 2028
Stocks tied to the AI rally are largely shedding weight on Tuesday, with the tech-heavy NASDAQ 100 down 2.6% at the time of writing. A major 10% sell-off in the South Korean KOSPI tied to memory chip ...
Gold price slides as AI rout fuels US Dollar flight
Gold (XAU/USD) price erases Monday’s gains, diving over 1.30% on Tuesday, pressured by broad US Dollar (USD) strength, driven by a hawkish Federal Reserve (Fed), as well as a risk-off mood that is dri ...
South Korean Won: Weak KRW and hawkish BoK expectations – Commerzbank
Commerzbank highlights strong South Korean export momentum, led by semiconductors and petroleum, but notes that South Korean Won (KRW) remains one of Asia’s weakest currencies versus the Dollar.
Australian Dollar nears three-month low ahead of Australian CPI data
The AUD/USD fell sharply near the 0.6920 level on Tuesday, as investors await the upcoming Australian Consumer Price Index (CPI) release for fresh clues on the Reserve Bank of Australia’s (RBA) policy ...
Dow Jones Industrial Average green by default as chips crater
The Dow Jones Industrial Average (DJIA) held in the green through Tuesday even as the rest of the equity board bled. On the surface that reads as strength; underneath, it is anything but. The index he ...
India: Interim US trade deal and tariff landscape – DBS
DBS economist Radhika Rao reports that India and US are close to formalising an interim trade agreement under a new framework first agreed in February.
United States 2-Year Note Auction: 4.189% vs 4.071%
United States 2-Year Note Auction: 4.189% vs 4.071%