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US Crude Oil Inventories Continue To Falter, SPR Struggling To Pick Up the Slack
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fel...
Tech drags down world stocks, oil dips on supply hopes
A slump in high-flying technology stocks dragged down global markets Tuesday, with Wall Street tumbl...
The ‘Magnificent Seven’ correction may actually be a sign of a healthy stock market
The Big Tech grouping officially fell into correction territory on Tuesday as mounting concerns abou...
Pound Sterling Price News and Forecast: GBP/USD falls amid UK political uncertainty and hot US PMI
The Pound Sterling (GBP) dives over 0.40% on Tuesday as risk appetite shifts sour, as the recently sworn-in MP Andy Burnham prepares to succeed Prime Minister Keir Starmer, who lasted two years at the ...
Japanese Yen: Steadies as USD/JPY rally tires – Scotiabank
Scotiabank strategists Shaun Osborne and Eric Theoret report the Japanese Yen (JPY) is slightly firmer, outperforming G10 peers despite broad US Dollar (USD) strength, as stronger PMIs signal improvin ...
WTI Oil retreats as lower Middle East risk, Iran supply return weigh on prices
West Texas Intermediate (WTI) US Oil declines by more than 1% on Tuesday and trades around $73.00 at the time of writing, pressured as traders continue to assess diplomatic developments between the Un ...
Euro stabilizes against British Pound as weak UK PMIs contrast with resilient Eurozone activity
EUR/GBP trades little changed on Tuesday after a sharp slide the previous day, triggered by UK Prime Minister Keir Starmer's resignation, which lifted the British Pound (GBP) across the board.
Japanese Yen trades in neutral zone as investors assess US PMIs and ADP data
The USD/JPY pair is trading in a neutral zone on Tuesday as investors digest the latest United States (US) Purchasing Managers Index (PMI) figures and recent ADP employment data, awaiting a stronger c ...
British Pound falls amid UK political uncertainty and hot US PMI
The Pound Sterling (GBP) dives over 0.40% on Tuesday as risk appetite shifts sour, as the recently sworn-in MP Andy Burnham prepares to succeed Prime Minister Keir Starmer, who lasted two years at the ...
Reserve Bank of Australia: Slowing demand supports steady rates – TD Securities
TD Securities strategist Prashant Newnaha notes that softer S&P Australia Flash Composite PMI data, including weaker new orders and moderating price pressures, supports the Reserve Bank of Australia k ...
Canadian Dollar falls to multi‑month low as Fed hike bets rise, Oil weighs
USD/CAD trades around 1.4190 on Tuesday at the time of writing, up 0.25% on the day and extending a four-day winning streak to its highest level since April 7.
Euro drops below 1.1400 as hawkish Fed bets push the US Dollar to one-year highs
The Euro (EUR) extends losses against the US Dollar (USD) on Tuesday, with EUR/USD slipping below the 1.1400 mark, a support level that had held since June 2025.
Natural gas: Lower TTF path but winter risks – Rabobank
Rabobank’s energy strategists Joe DeLaura and Florence Schmit cut TTF Natural Gas forecasts on easing supply risks from the Strait of Hormuz reopening.
Euro area: PMIs signal weak activity and sticky prices – Nomura
Nomura strategists note Euro area business activity stayed in contraction in June, with the composite PMI at 49.5 despite a small rise.
British Pound: Fiscal worries cap recovery against US Dollar – Scotiabank
Scotiabank strategists Shaun Osborne and Eric Theoret note the British Pound (GBP) is softer versus the US Dollar (USD) after mildly disappointing Purchasing Managers' Index (PMI) and CBI data, with m ...