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Equities: Tech and chips drive relief rally – Deutsche Bank

Deutsche Bank strategists say a strong semiconductor rally and lower oil prices helped lift global equities. The S&P 500 rebounded as investors rotated from defensive sectors into growth and cyclical ...

NZD/USD Price Forecast: Gathers strength above 0.5750, but remains below key technical resistance

The NZD/USD pair trades in positive territory around 0.5775 during the early European session on Friday. The New Zealand Dollar (NZD) gathers strength to its strongest level in three weeks against the ...

Silver Price Forecast: XAG/USD rises as oil prices correct, US Dollar faces pressure

Silver price (XAG/USD) trades 0.4% higher to near $60.22 during the European trading session on Friday. The white metal gains as the US Dollar (USD) continues to remain under pressure amid hopes that ...

Indian Rupee: Inflation uptick with monsoon support – DBS

DBS economist Radhika Rao expects India’s June CPI inflation to edge up to 4.1% YoY from 3.9%, driven by food normalisation and fuel-cost pass-through.

Polish Zloty: Dovish Glapinski undercuts support – Commerzbank

Commerzbank’s Tatha Ghose reports that the National Bank of Poland kept rates at 3.75% and a neutral stance, but Governor Adam Glapinski’s press conference was markedly dovish.

Euro consolidates near 1.1450 as German data confirms easing inflationary pressures

The Euro (EUR) holds minor gains against a somewhat softer US Dollar (USD) on Friday. The pair edged up to the mid-range of the 1.1400s, but it has failed to find acceptance above the top of the last ...

Japanese Yen rises as Japan urges pension funds to invest in domestic assets

The USD/JPY pair tumbles to around 161.50 during the early European trading hours on Friday. The Japanese Yen (JPY) edges higher against the US Dollar (USD) after the reports that Japan plans to encou ...

Euro: Range trade bias intact against US Dollar – UOB

UOB’s Quek Ser Leang highlights a modest uptick in EUR/USD momentum, with scope to retest 1.1450 but limited prospects for a sustained break higher. Intraday support is seen at 1.1420 and 1.1405.

French telecom tycoon Xavier Niel's firm to acquire E& Group's $6B Vodafone stake

Canada Unemployment Rate expected to remain at 6.6% in June

Markets are anticipating a fairly stable report when Statistics Canada releases its Labour Force Survey on Friday. While the Net Change in Employment is predicted to rise by 10K in June, adding to the ...

Oil Prices Set for Weekly Gain as Hormuz Tensions Escalate

Crude oil prices were on course for a weekly gain today as hostilities between the United States and Iran flared up again earlier in the week. At the time of writing, Brent crude was trading at $76.60 ...

Solaris Energy Infrastructure gains on S&P SmallCap 600 inclusion