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Update: US Equities Mixed as Traders Parse Labor Data, Warsh Remarks
(Updates with latest market prices and developments.) US benchmark equity indexes were mixed intr...
United States Dollar Index holds above 101.00 amid Fed rate hike bets, NFP in focus
The US Dollar Index (DXY) holds firm on Wednesday as traders digest weaker-than-expected US economic...
Gold surges amid mixed US data and Fed’s Warsh remarks
Gold (XAU/USD) price advances nearly 2% on Wednesday amid a strong US Dollar and high US Treasury yi...
Turkey Economic Confidence Index increased to 97.2 in April from previous 96.4
Turkey Economic Confidence Index increased to 97.2 in April from previous 96.4
6% fall in one day: WTI Oil price tumbles on hopes of Hormuz reopening
West Texas Intermediate (WTI), futures on NYMEX, are down 6% to near $90 in the European trading session on Monday, the lowest level seen in over two weeks.
US Dollar: Resilience and geopolitical risks – MUFG
MUFG’s Lloyd Chan notes that higher US 2-year yields and elevated Brent prices are supporting broader USD strength, with markets now fully pricing one Fed rate hike by January 2027.
Euro softens against British Pound despite ECB hike prospects
The EUR/GBP cross trades in negative territory around 0.8635 during the early European trading hours on Monday. Traders await the speeches from the European Central Bank (ECB) policymakers later this ...
Euro: Neutral range consolidation versus US Dollar – UOB
UOB’s Quek Ser Leang and Lee Sue Ann describe EUR/USD as firming after a brief dip to 1.1575, with upward momentum starting to build.
Silver Price Forecasts: XAG/USD eases below $78.00 but maintains a mild bullish stance
Silver (XAG/USD) failed to breach resistance at the $79.00 area earlier on Monday, but remains moderately bid, trading in the mid-$77.00s at the time of writing.
Brent: Deal hopes reshape supply outlook – Commerzbank
Commerzbank’s FX Research team, including Charlie Lay and Dr. Henry Hao, notes that Brent Oil has been volatile as markets react to prospects of a US-Iran agreement and the continued closure of the St ...
Laser Photonics receives Nasdaq notice over delayed quarterly filing
More Tankers Make It Through the Strait of Hormuz
Two liquefied natural gas carriers and a supertanker have traversed the Strait of Hormuz over the past couple of days, with the LNG vessels heading for Pakistan and China, and the tanker, loaded with ...
Euro holds early gains against US Dollar amid US-Iran deal hopes
The Euro (EUR) holds onto its opening gains against the US Dollar (USD) around 1.1645 at the start of the European trading session on Monday.
Singapore tells banks to speed up account openings for wealthy clients
Regulator tries to strengthen city-state’s position as wealth hub after money-laundering cases lengthened wait times