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Strait of Hormuz is reopening faster than expected, says Morgan Stanley as it cuts oil-price target
The Strait of Hormuz is reopening faster than expected, oil analysts at Morgan Stanley said as they ...
Italy Consumer Price Index (YoY) below expectations (3.1%) in June: Actual (3%)
Italy Consumer Price Index (YoY) below expectations (3.1%) in June: Actual (3%)...
US JOLTS Job Openings expected to show strong labor demand, endorsing Fed rate hike bets
The US Bureau of Labor Statistics will release the Job Openings and Labor Turnover Survey (JOLTS) fo...
Equities: Tech and AI leadership drive record highs – Deutsche Bank
Deutsche Bank analysts note that global equities rallied as positive Trump-Xi signals, solid US data and easing inflation concerns lifted risk appetite.
Putin to visit Beijing on May 20, just days after Trump-Xi summit concludes, SCMP says
GEN Restaurant Group, Inc. (GENK) reports Q1 loss, lags revenue estimates
GEN Restaurant Group, Inc. (GENK - Free Report) came out with a quarterly loss of $0.14 per share versus the Zacks Consensus Estimate of a loss of $0.07. This compares to earnings of $0.04 per share a ...
US Dollar Index (DXY) rallies above 99.00 amid soaring US yields
The US Dollar (USD) is outperforming this week, fuelled by higher US Treasury yields as solid macroeconomic data and high inflationary pressures have boosted expectations of Federal Reserve (Fed) rate ...
AUD/USD Price Forecast: Near-term bias turns bearish as correction extends below 20-day EMA
The AUD/USD pair trades 0.8% lower to near 0.7160 against the US Dollar (USD) during the European trading session on Friday. The Aussie pair faces intense selling pressure as the US Dollar outperforms ...
US Dollar: Strong data supports Dollar gains – Rabobank
Rabobank strategist Molly Schwartz notes that hotter US trade price data for April pushed United States (US) Treasury yields higher, with import and export prices rising at their fastest monthly pace ...
SanDisk warns shareholders to reject below-market mini-tender offer from Tutanota
Indian Rupee: Policy support amid pressure – MUFG
MUFG’s Michael Wan highlights that India has unveiled several austerity-linked policy steps as Strait of Hormuz tensions pressure capital flows and the balance of payments.
Electro-Sensors GAAP EPS of -$0.03, revenue of $2.6M
Brent Heads for 6% Weekly Gain as Trump Loses Patience With Iran
Brent crude was set for a 6% weekly gain as President Donald Trump said his patience with Iran was running out, despite Iran saying 30 vessels had recently cleared the Strait of Hormuz. “I am not goin ...