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Oil Traders Stay Bearish Despite Deepening Middle East Disruptions
Despite continued hostilities in the Middle East and an expansion of the war to the Red Sea, oil tra...
EU Locks In Plan To Triple Energy Storage Capacity By 2030
Europe desperately needs an energy storage revolution. As the region gets rocked by the third energy...
S&P closes at record high as soft jobs report eases rate-hike concerns
STORY: U.S. stocks rallied on Friday, with the Dow gaining more than a quarter of a percent, the S&P...
Germany’s Retail Sales fall by 1.1% MoM in June vs. -0.5% expected
German Retail Sales, a key measure of consumer spending, showed a downside in June. The consumer spending measure fell 1.1% month-on-month (MoM), according to official data released by Destatis, while ...
Germany Retail Sales (MoM) came in at -1.1% below forecasts (-0.5%) in June
Oil lower after Trump says Iran talks will resume
In the US, ISM manufacturing index will be released for July. In the euro area, focus will be on the final July manufacturing PMIs, followed by the final services PMIs on Wednesday. Markets will also ...
Asian stocks trade mixed as AI-led selloff and Yen rally counter Iran optimism
Asian shares were mixed at the start of a new week as losses in South Korea's KOSPI and Japan's Nikkei 225 counter improving risk sentiment due to easing Middle East tensions.
EUR/JPY Price Forecast: Breaks below 179.50 as bearish bias prevails
EUR/JPY extends its gains for the third successive day, trading around 179.40 during the Asian hours on Monday. The currency cross is extending a bearish near-term tone as price holds beneath both the ...
India HSBC Manufacturing PMI below forecasts (53.9) in July: Actual (53.5)
Gold Price Forecast: XAU/USD’s struggle with 21-day SMA extends ahead of US-Iran talks
Gold is consolidating the previous decline, keeping the offered tone intact around $4,050 in Asia on Monday, as a bearish near-term technical outlook overshadows bullish fundamental factors.
Indonesia Core Inflation (YoY) below expectations (2.8%) in July: Actual (2.76%)
Indonesia Inflation (YoY) registered at 2.88%, below expectations (3.2%) in July
Indonesia Inflation (MoM) below expectations (0.1%) in July: Actual (-0.14%)
WTI Price Forecast: More pain likely if fails to hold $77
West Texas Intermediate (WTI), futures on NYMEX, holds onto early losses, trading 7.6% lower at around $78.60 during the Asian trading session on Monday.
United States Dollar Index weakens below 100.00 as Trump says new Iran talks would begin Monday
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 99.70 in the Asian trading hours on Monday. The DXY dec ...