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Eurozone GDP returns to growth in Q2, rises strongly by 0.4%

According to Eurostat, Eurozone Gross Domestic Product (GDP) growth turns positive in the second quarter of this year after declining 0.2% in the previous quarter. The GDP growth data is at 0.4%, high ...

BoE interest rate expected to remain unchanged at 3.75% as markets look for policy clues

The Bank of England (BoE) is on track to keep the benchmark Bank Rate steady at 3.75% for the fifth straight meeting on Thursday, despite the renewed surge in Oil prices in July and a leadership chang ...

Swiss Franc: Undervaluation supports APAC recovery trades – BNY

BNY’s Geoff Yu highlights that the Swiss Franc looks undervalued on both nominal and real effective exchange rate measures, near one-year and 15‑month lows respectively.

Shell Reports $9.8 Billion in Adjusted Earnings as Energy Prices Surge

Shell (SHEL:NYSE) more than doubled its second-quarter earnings from a year earlier, as higher oil and gas prices, record refinery utilization, and strong trading boosted profits to above analyst expe ...

Samsung delivers record-setting profits, but the shares still can’t catch a break from investors.

Although supply constraints are still severe and demand for its memory chips relentless, there is still skepticism among investors about the longevity of the AI capex boom and the threat of cheap chip ...

Japan Tobacco GAAP EPS of ¥243.22, revenue of ¥1986.07B; updates FY outlook

GBP/USD Price Forecast: Keeps the red near 1.3350 as traders await BoE rate decision

The GBP/USD pair meets with fresh supply on Thursday and retreats further from the weekly high, around the 1.3385-1.3390 region, touched the previous day.

Euro trims daily losses as German preliminary GDP beats expectations

The Euro (EUR) nudges down against the US Dollar (USD) on Wednesday, despite a mild uptick following stronger-than-expected German Gross Domestic Product (GDP) data.

Euro: Data-driven range trade into Q3 against US Dollar – ING

Chris Turner at ING writes that EUR/USD bounced modestly after the FOMC but was constrained by higher long-dated US yields and pressure on US growth stocks.

Portugal Gross Domestic Product (YoY) up to 2.5% in 2Q from previous 2.3%

US GDP expected to grow at 2.1% in Q2, unshaken by Iran conflict

The United States (US) Bureau of Economic Analysis (BEA) is set to publish its preliminary estimate of second-quarter Gross Domestic Product (GDP) on Thursday, with analysts expecting the data to show ...

Silver Price Forecast: XAG/USD turns upside down amid soaring US Treasury Yields

Silver price (XAG/USD) gives back its early gains and turns negative on Thursday. The white metal trades 0.7% lower at around $57.25 in the European trade after a positive start, which led to hitting ...