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Dow, S&P 500, Nasdaq Decline Amid Hot Inflation Data, AI Selloff: CRWV, NBIS, NVDA, IBRX Stocks In Focus
Red-hot inflation data, triggered by soaring energy prices, weighed heavily on markets on Wednesday....
Global tech sell-off deepens as Asian markets tumble
AI-related stocks in South Korea and Japan suffer after Wall Street falls on hot US inflation...
KOSPI Opens 7% Down After Hot US CPI and AI Doubts Grow
South Korea's KOSPI opened sharply lower and slid 7% after hot US inflation data and AI doubts, exte...
ECB’s Nagel: Middle East situation is still very opaque
European Central Bank (ECB) Governing Council Member and President of the Deutsche Bundesbank, Joachim Nagel, said during the European trading session on Tuesday that inflation risks in the Eurozone h ...
Everywhere I look, traders are screaming, "CRASH!" [Video]
Me?
Silver Price Forecasts: XAG/USD picks up, nearing $60.00 with the bearish trend intact
Silver (XAG/USD) trims some losses on Tuesday’s European session opening and hits session highs in the mid-range of the $59.00s, after bouncing at session lows near $56.60.
Turkey Trade Balance came in at -5.61B below forecasts (-5.6B) in May
Turkey Trade Balance came in at -5.61B below forecasts (-5.6B) in May
Austria Producer Price Index (MoM) declined to 0.5% in May from previous 0.9%
Austria Producer Price Index (MoM) declined to 0.5% in May from previous 0.9%
AUD/USD Price Forecast: Likely extend decline below 0.6830
The Australian Dollar (AUD) reflects a mixed performance against its major currency peers during the European trading session on Tuesday, following the release of the Reserve Bank of Australia (RBA) m ...
Fed: Flexible reserve management purchases and balance sheet risks – BNY
BNY Markets’ John Velis and David Tam discuss Federal Reserve reserve management purchases (RMPs), noting that new qualifying language suggests the Federal Open Market Committee (FOMC) is more comfort ...
Chinese Yuan: PMIs allow patient stance for PBoC – Commerzbank
Commerzbank’s Dr. Henry Hao argues that resilient manufacturing and non-manufacturing PMIs suggest China’s economy is not weak enough to warrant immediate broad-based easing, even as domestic demand i ...
Australian Dollar: Downside bias but support holds against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang notes that AUD/USD remains under mild pressure, with intraday bias tilted lower after a narrow range session. Any decline is expected to stay within 0.6865– ...
United Kingdom Gross Domestic Product (YoY) registered at 0.9%, below expectations (1.1%) in 1Q
United Kingdom Gross Domestic Product (YoY) registered at 0.9%, below expectations (1.1%) in 1Q
United Kingdom Current Account came in at £-22.1B below forecasts (£-21.5B) in 1Q
United Kingdom Current Account came in at £-22.1B below forecasts (£-21.5B) in 1Q
WTI holds losses near $70.00 amid US-Iran confusion, OPEC friction
West Texas Intermediate (WTI) oil price remains subdued and is hovering around $70.10 per barrel during Asian market hours on Tuesday. Crude oil prices face downward pressure as traders monitor potent ...