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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 ...
USD/CAD Price Forecast: Higher Oil prices strengthen Canadian Dollar
The Canadian Dollar (CAD) trades firmly against its major currency peers, but is flat at around 1.4160 against the US Dollar (USD) during the European trading session on Monday.
Turkey Current Account Balance came in at $-1.459B, below expectations ($-0.96B) in May
Turkey Current Account Balance came in at $-1.459B, below expectations ($-0.96B) in May
New Zealand Dollar holds steady near 0.5750 as US launches new wave of strikes against Iran
The NZD/USD pair trades on a flat note near 0.5760 during the early European trading hours on Monday. Escalating geopolitical tensions in the Middle East following the US's launch of fresh missile att ...
Brent: Geopolitics lift prices as speculators stay cautious – ING
ING analysts Warren Patterson and Ewa Manthey note that Brent Oil prices have risen sharply as tensions escalate in the Persian Gulf and transit through the Strait of Hormuz slows. They highlight that ...
Forex Today: US Dollar benefits from risk aversion as Middle East situation heats up
Here is what you need to know on Monday, July 13:
Canadian Dollar: Strong US Dollar and oil outlook weigh – Commerzbank
Commerzbank’s Michael Pfister notes that recent Canadian labour data and a new US-Canada bridge agreement are not the main drivers of USD/CAD above 1.41.
Euro: Range trading with downside risks against US Dollar – UOB
UOB’s Quek Ser Leang and Lee Sue Ann highlight that EUR/USD has slipped after testing 1.1460, with increasing downward momentum but major support at 1.1360 seen as difficult to reach near term. For th ...
Euro flirts with 1.1400 on risk-averse markets as Iran’s war escalates
The Euro (EUR) depreciates moderately against the US Dollar (USD) on Monday, as escalating tensions between the US and Iran and the closure of the Strait of Hormuz dampened appetite for risk and boost ...
The AI sell-off that isn't about AI
Wall Street has a habit of making investors question their own sanity.
Japan has no plan to change GPIF's target asset allocation — Reuters
Japan currently has no immediate plans to change target asset allocations of its state pension funds but could work within existing allowable ranges to direct more investment to domestic assets, peopl ...
Australian Dollar underperforms amid cautious market mood
The Australian Dollar (AUD) underperforms its major currency peers, trading 0.32% lower to near 0.6930 against the US Dollar (USD) during the early European trading session at the start of the week.
Asian stocks trade lower on renewed US-Iran war tensions, South Korea’s KOSPI leads losses
Most Asian equities trade in negative territory on Monday amid renewed geopolitical tension in the Middle East after reports of US-Iran airstrikes and Tehran's closure of the critical Strait of Hormuz ...