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Banks Slash Oil Price Forecasts After U.S.-Iran Breakthrough

Morgan Stanley and Goldman Sachs cut their forecast for oil prices towards the end of the year and 2027 following developments in the peace negotiations between the United States and Iran earlier this ...

Italy Consumer Price Index (EU Norm) (YoY) below expectations (3.3%) in May: Actual (3.2%)

Italy Consumer Price Index (EU Norm) (YoY) below expectations (3.3%) in May: Actual (3.2%)

Italy Consumer Price Index (EU Norm) (MoM) came in at 0.3%, below expectations (0.4%) in May

Italy Consumer Price Index (EU Norm) (MoM) came in at 0.3%, below expectations (0.4%) in May

Japanese Yen: BoJ hike fails to lift currency – ING

ING’s Chris Turner says the Bank of Japan’s 25 bp hike to 1.00% is no game-changer for the Japanese Yen, as policy remains accommodative and real rates stay comfortably negative.

USD/JPY Price Forecast: Needs breakout above 160.70 for fresh leg of rally

The USD/JPY pair ticks down to near 160.25 during the European trading session on Tuesday. The pair trades marginally lower as the Japanese Yen (JPY) outperforms its peers, following the Bank of Japan ...

WTI slumps to three-month low near $79.00 on US-Iran peace deal optimism

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $79.20 during the early European trading hours on Tuesday. The WTI price falls to a three-month low after the United States ...

EUR/USD Price Forecast: Struggles to return above 20-day EMA, eyes on Fed policy

The EUR/USD pair trades marginally lower at around 1.1580 during the European trading session on Tuesday. The major currency pair drops as the US Dollar (USD) rises, with investors awaiting the Federa ...

China’s Refinery Runs Hit Four-Year Low as Crude Imports Collapse

Chinese refiners reduced their run rates to the lowest in four years as crude imports dropped to an eight-year low, Bloomberg reported today, citing official statistics data. The average run rate for ...

Ameren Missouri subsidiary Union Electric prices $500M first mortgage bonds offering due 2056

New Zealand Dollar declines as risk-off mood supports US Dollar

NZD/USD extends its losses for the third consecutive day, trading around 0.5810 during the Asian hours on Tuesday. The pair depreciates as the US Dollar (USD) holds steady amid broad market caution.

Silver Price Forecast: XAG/USD edges lower below $70.00 as bearish bias holds under 100-day SMA

Silver Price (XAG/USD) trades in negative territory around $69.85 during the early European trading hours on Tuesday. The white metal retreats from a weekly high as traders book some profits ahead of ...

RBA keeps benchmark rate unchanged at 4.35%, warns inflation risks remain elevated