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Stock Market Today: Dow Steady After Tech Sell-Off; FedEx Dives On Earnings (Live Coverage)
Stock Market Today: The Dow Jones index held steady Wednesday after Tuesday's tech sell-off. FedEx d...
Mexico 1st half-month Core Inflation came in at 0.19% below forecasts (0.2%) in June
Mexico 1st half-month Core Inflation came in at 0.19% below forecasts (0.2%) in June...
Mexico 1st half-month Inflation came in at -0.11%, below expectations (0.1%) in June
Mexico 1st half-month Inflation came in at -0.11%, below expectations (0.1%) in June...
Indian Rupee: Support from flows and policy backdrop – DBS
DBS Group Research economist Radhika Rao notes that India’s 10Y government bond yield has remained confined between 6.90% and 7.05% as domestic and global drivers offset each other.
British Pound sticks to intraday losses vs bullish USD after downbeat UK PMIs
The GBP/USD pair adds to its modest intraday losses and touches a fresh daily low, around the 1.3215-1.3210 region during the first half of the European session.
WTI rebounds toward $73.50 as Iran's nuclear program uncertainty prevails
West Texas Intermediate (WTI) oil price extends losses for the second consecutive day, trading around $73.40 per barrel during the European hours on Tuesday. However, Crude oil prices pare its daily l ...
Gold price extends losses into fourth consecutive week: Is the safe-haven bid finally cracking?
Gold has fallen for a third consecutive week, dropping to its lowest level since mid-June as a stronger US Dollar and hawkish Federal Reserve expectations erode the metal's appeal.
US S&P Global PMI expected to show steady business growth in June
S&P Global will release the June flash Purchasing Managers' Indices (PMIs) for most major economies, with the United States (US) data scheduled on Tuesday. These surveys of top private-sector executiv ...
ECB’s Lane: A range of forward-looking signals point to inflationary pressures in coming months
European Central Bank (ECB) Chief Economist Philip Lane said at the European Parliament in Brussels that inflationary pressures in the Eurozone economy could remain above 2% for quite some time despit ...
Brent: Hormuz risk premium fades, forecast steady – OCBC
OCBC’s Christopher Wong notes that easing US–Iran tensions have pushed Brent below USD80 as markets price a high probability of normalised Strait of Hormuz flows.
Dow Jones futures slip as Iran denies IAEA inspection claims
Dow Jones futures fall by 0.72%, trading near 51,750 during the European hours on Tuesday. However, S&P 500 futures are down by 1.4% near 7,430, while Nasdaq 100 futures decline 2.29%, trading near 29 ...
Japanese Yen: Hovers near multi‑decade lows against US Dollar – Deutsche Bank
Deutsche Bank’s Early Morning Reid highlights that the Japanese Yen remains under pressure, trading close to 40‑year lows versus the US Dollar.
United Kingdom flash S&P Global Services PMI unexpectedly arrives lower at 48.7 in June vs. 50.0 estimates
Preliminary United Kingdom flash S&P Global Services Purchasing Managers’ Index (PMI) declines at a faster pace to 48.7 in June from 49.3 in May. The Services PMI was expected to arrive higher at 50.0 ...
The Canadian Dollar hits 14-month lows: Why higher inflation is unlikely to support the Loonie for now
The Canadian Dollar (CAD) is facing renewed pressure as USD/CAD extends its rally to 14-month highs, with Societe Generale noting a decisive shift in momentum and RBC highlighting that domestic inflat ...
United Kingdom S&P Global Composite PMI came in at 49.4 below forecasts (50.6) in June
United Kingdom S&P Global Composite PMI came in at 49.4 below forecasts (50.6) in June