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Two More Oil Tankers Attacked Near Strait of Hormuz
Two more tankers were attacked near the Strait of Hormuz on Sunday, one in Hormuz and the other off ...
Asian shares are mixed and oil prices fall about $1.50 as Trump says US will buy diesel from Russia
BANGKOK (AP) — Asian shares were mixed and oil prices fell about $1. President Donald Trump’s plan t...
‘Worrying omens’ lurk over global economy despite resilient growth
Research for the FT shows major economies are withstanding the Iran shock but concerns about rising ...
GBP/JPY Price Forecast: Long-term moving averages continue to support the uptrend
GBP/JPY edges lower on Wednesday as fresh intervention warnings from Tokyo lift the Japanese Yen (JPY) across the board. At the time of writing, the cross trades around 214.82, down 0.25% on the day.
Gold declines as Middle East tensions and higher-for-longer Fed outlook weigh
Gold (XAU/USD) trades lower on Wednesday as escalating tensions in the Middle East dampen hopes for a near-term US-Iran peace deal. At the time of writing, XAU/USD is trading around $4,455, down nearl ...
Bank of England: July risk as energy flows stay fragile – ING
ING economist James Smith argues that a June Bank of England (BoE) rate hike now appears unlikely as weaker United Kingdom (UK) data and lower Oil prices ease pressure on policymakers.
United States: NFP gap narrows – Standard Chartered
Standard Chartered economists Dan Pan and Steve Englander note that recent QCEW data validate softer NFP readings in late 2025, when government shutdown effects and DOGE layoffs weighed on employment.
Canada Labor Productivity (QoQ) came in at -0.5% below forecasts (0.7%) in 1Q
Canada Labor Productivity (QoQ) came in at -0.5% below forecasts (0.7%) in 1Q
Canada: Recession concerns and USMCA talks – Rabobank
Rabobank strategist Molly Schwartz notes that Canada has entered a technical recession, with Gross Domestic Product (GDP) contracting for two consecutive quarters and missing expectations.
Gold Price Forecast: XAU/USD tests support at $4,450 as the US Dollar rallies
Gold (XAU/USD) resumed its near-term downtrend on Wednesday, with bears pushing against the intra-week lows at the $4,450 area.
Silver price today: Silver falls, according to FXStreet data
Silver prices (XAG/USD) fell on Wednesday, according to FXStreet data. Silver trades at $74.30 per troy ounce, down 1.10% from the $75.13 it cost on Tuesday.
Dow Jones futures decline on US-Iran tensions, tech rally fades
Dow Jones futures decline 0.55% below 49,350, while S&P 500 futures lose 0.09% to near 7,620. Meanwhile, Nasdaq 100 futures inch lower 0.01%, trading near 30,700 during the European hours on Wednesday ...
Euro faces selling pressure on renewed US-Iran tensions
The Euro (EUR) is down against its major currency peers, trading 0.1% lower to near 1.1618 during the European trading session on Wednesday.
18,000 in sight: Why the Indonesian Rupiah is heading for fresh historic lows despite hefty rate hike
The Indonesian Rupiah (IDR) continues to face severe downward pressure as a combination of domestic policy uncertainty and a hostile global environment dampens sentiment toward the Asian currency.
British Pound retreats from one-month top vs Yen; Mideast risks help limit downside
The GBP/JPY cross drifts lower on Wednesday, snapping a three-day winning streak to the 215.50 area or over a one-month high touched the previous day.