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AI Chip Stocks Stage Rebound: Nvidia, AMD Lead Recovery Ahead of Micron Earnings Shock
AMD Steady, Nvidia Higher: Semis Try to Shake Off Selloff Ahead of Micron...
Inflation is about more than oil. These two hidden triggers could force a Fed rate hike.
The PCE inflation report will either calm Wall Street or ignite fears of a restrictive Fed....
Eurozone flash Manufacturing PMI rises faster-than-expected to 51.3 in June: What it means for EUR/USD?
Eurozone’s flash Manufacturing Purchasing Managers’ Index (PMI) arrives at 51.3 in June, higher than 51.2 estimates, but lower than 51.6 in May. The overall business activity has improved significantl ...
Eurozone HCOB Composite PMI above expectations (49.1) in June: Actual (49.5)
Eurozone HCOB Composite PMI above expectations (49.1) in June: Actual (49.5)
Eurozone HCOB Services PMI above expectations (48.1) in June: Actual (48.9)
Eurozone HCOB Services PMI above expectations (48.1) in June: Actual (48.9)
Eurozone HCOB Manufacturing PMI above forecasts (51.2) in June: Actual (51.3)
Eurozone HCOB Manufacturing PMI above forecasts (51.2) in June: Actual (51.3)
Euro declines against Japanese Yen as German Manufacturing PMI flatlines in June
EUR/JPY extends its losses for the second successive day, trading around 184.30 during the European hours on Tuesday. The currency cross depreciates following the release of HCOB Purchasing Managers I ...
Equities: Tech-led rotation and volatility in focus – Danske Bank
Danske Research Team reports that global equities advanced, but underlying performance was highly dispersed, with US consumer and communication services names under pressure while most S&P 500 sectors ...
Japanese Yen: Scope remains to revisit 2024 low against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note sharp intraday swings in USD/JPY after it spiked to 161.92 then fell to 161.06 before closing at 161.54.
British Pound: Leadership change seen contained – DBS
DBS Group Research economist Philip Wee argues that Sir Keir Starmer’s resignation and the upcoming Labour Party leadership contest should not trigger a repeat of the 2022 UK mini-budget crisis for th ...
Euro inches lower following HCOB PMI data from Germany
EUR/USD held ground after registering modest losses in the previous day, trading around 1.1430 during the European hours on Tuesday. However, the pair withdraws its daily gains following the release o ...
British Pound edges lower vs JPY on UK politics, intervention fears; looks to UK PMIs
The GBP/JPY cross struggles to capitalize on the previous day's solid intraday bounce from the vicinity of a one-month trough, touched last week, and edges lower on Tuesday. Spot prices, however, lack ...
Germany’s flash Manufacturing PMI drops to 50.0 in June as expected
German preliminary HCOB Manufacturing Purchasing Managers’ Index (PMI) arrives lower at 50.0 in June, as expected, from 50.1 in May. The 50.0 figure is a boundary line that separates expansion from co ...
Silver Price Forecasts: XAG/USD nears seven-month lows at $61.00 as US yields jump
Silver (XAG/USD) has resumed its downtrend on Tuesday, following a tame recovery attempt on Monday, and trades in the mid-range of $62.00, drawing closer to year-to-date lows in the $61.00 area.