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Update: US Equity Indexes Rise as Semiconductors Lift Technology; Crude Oil Slips as Trump's Envoys in Qatar for Indirect Talks
(Updates with index/price moves, macroeconomic data, and company news from the first paragraph.)...
Market Indexes Close Out June With a Tech-Fueled Tuesday Rally
Chip stocks are rallying hard into the end of June. Here's what's driving the semiconductor surge....
EUR/USD Price Forecast: Starts the US NFP week cautiously
The EUR/USD pair trades slightly lower to near 1.1645 during the Asian trading session on Monday.
Jerome Powell warns that politicizing Fed will erode its credibility
Former Fed Chair Jerome Powell on Sunday called the Federal Reserve’s independence “a priceless asset” that must be protected, in one of his first major speeches since stepping down from his post earl ...
New Zealand Dollar holds losses below 0.6000 despite upbeat Chinese Manufacturing PMI data
The NZD/USD pair holds losses around 0.5975 during the early Asian session on Monday. The New Zealand Dollar (NZD) remains weak following the Chinese economic data. Traders will keep an eye on the US ...
AUD/USD Price Forecast: Subdued below 0.7200, close to two-week top after China's PMI
The AUD/USD pair extends the range play below the 0.7200 mark and moves little following the release of China’s RatingDog Manufacturing PMI, which eased to 51.8 in May from 52.2 in the previous month.
Japanese Yen hangs near multi-week low vs USD amid economic risks due to Mideast tensions
The USD/JPY pair kicks off the new week on a positive note and climbs back closer to the 159.50 level during the Asian session, eyeing a four-week top set last Thursday amid a combination of factors.
Australian Dollar flatlines below 0.7200 as US-Iran talks continue, China PMI looms
The AUD/USD pair holds steady around 0.7185 during the early Asian trading hours on Monday. Traders continue to assess the developments surrounding the US-Iran peace negotiations. Also, China’s Rating ...
Japan Capital Spending came in at 0%, below expectations (4.1%) in 1Q
Japan Capital Spending came in at 0%, below expectations (4.1%) in 1Q
Gold drifts lower as stalled US-Iran talks, hawkish Fed outlook pressure prices
Gold price (XAU/USD) declines to near $4,535, snapping the two-day winning streak during the early Asian session on Monday. The precious metal loses ground amid the lack of progress in the US-Iran pea ...
United Rentals: The Industrial Stock Workhorse I'd Happily Hold Through Any Market Crash
United Rentals is carving out an enviable position in the equipment rental industry, and long-term investors could reap the rewards.
Surging bank lending could rekindle inflation risks, SocGen's Albert Edwards warns
Why a Fund Walked Away From This $20 Million China Logistics Bet After a 24% Stock Drop
China’s Full Truck Alliance operates a digital freight platform connecting shippers and truckers with value-added logistics services.
The end of cheap
After 50 years of falling capital, labour and energy prices, the next half-century will look very different for America