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Equities: Broad US pullback as tech limits losses - Deutsche Bank

Deutsche Bank strategists note a broad-based decline in US equities, with the S&P 500 down 0.58% and more than 70% of its constituents lower.

Indonesian Rupiah strengthens amid rising consumer confidence, weaker US Dollar

USD/IDR extends its losses for the second successive day, trading around 17,570 during the early European hours on Wednesday.

United States Dollar Index (DXY) bears eye August low around 98.50 ahead of US inflation

The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, attracts sellers for the third straight day and drops to a nearly three-week low, around the 98.70-98.65 area, dur ...

Oil: Risk premium builds with Persian Gulf tensions – ING

ING analysts Warren Patterson and Ewa Manthey say Oil prices are grinding higher, with ICE Brent close to $100/bbl as Middle East tensions escalate and OPEC output falls.

France Industrial Output (MoM) registered at -0.4%, below expectations (0.3%) in July

British Pound dips to 207.50 as Japanese Yen rallies, unfazed by Oil prices

The British Pound (GBP) extends losses on Wednesday as the Japanese Yen (JPY) rallies across the board, with investors bracing for a quarter-point rate hike by the Bank of Japan (BoJ) at next week’s m ...

EUR/JPY Price Forecast: Softens to near 178.50, retains bearish bias despite oversold RSI

The EUR/JPY cross trades in negative territory near 178.50 during the early European trading hours on Wednesday.

Swiss Franc strengthens as US Dollar holds losses despite Fed rate hike odds

USD/CHF loses ground for the third consecutive day, trading around 0.8090 during the Asian hours on Wednesday. The pair remains subdued as the US Dollar (USD) holds losses despite a hawkish tone surro ...

WTI eases from three-month top and slips below $92.00; supply concerns to limit downside

West Texas Intermediate (WTI) – the benchmark US Crude Oil price – touches a fresh three-month top, around the $92.50 area during the Asian session on Wednesday, though it lacks follow-through. Nevert ...

The holes in Trump’s Golden Dome

The president says a missile shield stretching from Earth into space can be built for $185bn. But formidable engineering, financial and political obstacles stand in the way

Top analyst sees Nike doubling after getting kicked out of S&P 100

Nike has reached the bottom of its decline, according to analysts.

United States Dollar Index weakens despite rising inflation concerns, Fed rate hike bets

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is losing ground for the third consecutive day and trading around 98.80 during Asian hours on W ...