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Two More Oil Tankers Attacked Near Strait of Hormuz
Two more tankers were attacked near the Strait of Hormuz on Sunday, one in Hormuz and the other off ...
Asian shares are mixed and oil prices fall about $1.50 as Trump says US will buy diesel from Russia
BANGKOK (AP) — Asian shares were mixed and oil prices fell about $1. President Donald Trump’s plan t...
‘Worrying omens’ lurk over global economy despite resilient growth
Research for the FT shows major economies are withstanding the Iran shock but concerns about rising ...
Fed’s Schmid: Continued inflation is the most pressing risk to the economy
President of the Federal Reserve (Fed) Bank of Kansas City, Jeffrey Schmid, said on Thursday that continued inflation is the most pressing risk to the economy.
United States EIA Natural Gas Storage Change meets forecasts (85B) in May 8
United States EIA Natural Gas Storage Change meets forecasts (85B) in May 8
US Dollar Index: Downside risks despite delayed easing – TD Securities
TD Securities strategists turn less bearish on the US Dollar (USD) in the near term as the Federal Reserve (Fed) stays on hold and US data, equities and positioning support a range-bound Dollar.
United States Business Inventories registered at 0.9% above expectations (0.8%) in March
United States Business Inventories registered at 0.9% above expectations (0.8%) in March
Brazilian Real: Downtrend pressure persists against US dollar – Societe Generale
Societe Generale strategists note that USD/BRL has extended its broader downtrend after breaking a recent consolidation, with an interim low near 4.88 and a sharp rebound.
New Zealand Dollar weakens as Trump-Xi optimism, firm US data bolster Dollar
NZD/USD falls to around 0.5920 on Thursday at the time of writing, down 0.28% on the day, as the New Zealand Dollar (NZD) remains under pressure against a stronger US Dollar (USd).
Japanese Yen: Valuation risks and policy coordination – BNY
BNY’s Geoff Yu highlights that the Japanese Yen (JPY) remains significantly undervalued on a Real Effective Exchange Rate (REER) basis even as Euro (EUR) and US Dollar (USD) valuations have converged.
Nvidia rally continues on Thursday as Trump approves H200 buyers in China
Nvidia (NVDA) stock is the early winner of the United States (US) President Donald Trump's summit with China on Thursday. Shares of the AI chipmaker rose more than 2% in Thursday's premarket. If the g ...
Fed: Extended pause before cautious easing – UOB
UOB’s Senior Economist Alvin Liew revises its Federal Reserve (Fed) outlook following hotter United States (US) inflation data.
Pool corporation (POOL) pullback nearing completion
Pool Corporation (POOL) remains within a larger bullish Elliott Wave structure despite the sharp decline from its 2021 peak. The stock completed a strong impulsive rally into wave (I) after a powerful ...
EUR/GBP Price Forecast: Cross remains capped below Key SMAs despite tentative rebound
EUR/GBP trades choppy on Thursday, with the British Pound (GBP) modestly outperforming the Euro (EUR) on the back of resilient UK economic data, while traders also assess growing political noise in th ...
ICE Elliott Wave: Wave ((4)) near 133 support
Intercontinental Exchange (ICE) continues to maintain a strong bullish Elliott Wave structure despite the recent consolidation. The stock has developed a clear impulsive advance over the last several ...