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Brent: Inflation risks rise with Hormuz standoff – Deutsche Bank
Deutsche Bank strategists highlight that Brent Oil has broken above $85, closing near $88 as the Str...
Euro falls against Canadian Dollar as US-Iran tensions heighten oil supply concerns
EUR/CAD continues its losing streak for the fifth consecutive day, trading around 1.6080 during the ...
WTI and Brent Crude rising on Iran aggression, Gold rising on weaker USD and Iran [Video]
Both WTI and Brent have returned to inflated levels again as traffic in the Strait of Hormuz grinds ...
EasyJet: orange upstart that changed flying prepares to go private
Pivotal moment for Europe’s low-cost pioneer as US suitors circle
Apollo trumps Castlelake with £5.7bn deal to buy easyJet
Low-cost airline says offer ‘delivers a superior outcome for easyJet shareholders’
Nasdaq Futures Fall as Tech Rally Fades, Market Rotates Out of AI
The artificial-intelligence rally looked set to fizzle out on Friday as investors opted to lock in some profit following a session of gains for tech. Nasdaq 100 futures fell 0.4%. Dow Jones Industri ...
At least 12 die in Spanish wildfire as heatwave grips Europe
Alarm over summer of blazes as third wave of extreme heat hits region
Volkswagen unveils 12-initiative strategy to halve model lineup, cap output at 9M
Yimutian gets positive Nasdaq listing determination
India Expands Strategic Oil Reserves With New ONGC Storage Plan
India’s ONGC plans to build up a strategic national reserve of crude totalling 1.75 million tons, or 12.8 million barrels. The company would also ask the government to allow the commercial use of the ...
Oil: Brent retraces gains on fragile ceasefire – Rabobank
Rabobank strategist Molly Schwartz notes that Brent Oil traffic through the Strait of Hormuz remains constrained despite a nominal ceasefire between the US and Iran. War insurance costs have risen sha ...
British Pound: Upside risk toward resistance against US Dollar – UOB
According to UOB’s Quek Ser Leang, GBP/USD’s sharp rebound has left scope to test major resistance at 1.3445, though a clear break is seen as unlikely in the near term. Short-term support lies at 1.33 ...
United States Dollar Index extends losses as US and Iran attempt to resume talks
The US Dollar Index (DXY) is trading lower for the third consecutive day on Friday.
Forex Today: US Dollar extends correction as US-Iran conflict remains under spotlight
Here is what you need to know on Friday, July 10:
Euro: Narrow path for sustained strength against US Dollar – ING
ING’s Francesco Pesole writes that Middle East tensions have modestly re-tightened EUR/USD short-term swap rate differentials by around 10bp, though the spread remains wider than pre-war levels.