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Murban Crude Jumps to 4-Month High as ADNOC Curbs Supply to Asia
The price of Murban Crude, the flagship grade of the United Arab Emirates, surged to a four-month hi...
Bond Yields, Persian Gulf Outlooks Cap Wall Street Pre-Bell; Asia, Europe Off
Wall Street futures pointed largely sideways pre-bell Wednesday, as a global bond sell-off eased, an...
Gold finds support as US Dollar retreats ahead of Fed Minutes
Gold (XAU/USD) regains ground on Wednesday after falling nearly 2% on the previous day as a softer U...
Tech Stock Declines: 3 Crucial Things Every Investor Should Do Now
Formerly winning stocks have slipped in recent days.
WTI languishes near March lows, holds above mid-$72.00s amid easing supply concerns
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – consolidates during the Asian session on Wednesday and currently trades just above mid-$72.00s, near its lowest level since early Mar ...
Euro weakens below 1.1400 as Fed hike bets lift US Dollar
The EUR/USD pair trades on a negative note near 1.1380 during the early Asian trading hours on Wednesday. The major pair extends the decline as traders continue to assess the developments surrounding ...
Nvidia’s banned AI chips double in price on China’s black market
US crackdown on illicit exports has made it riskier, harder and more expensive to buy tech giant’s processors
BoJ Summary of Opinions: Member says suitable to keep hiking as conditions remain accommodative
The Bank of Japan (BoJ) published the Summary of Opinions from the June monetary policy meeting, with the key findings noted below.
Review & Preview: AI Jitters
REVIEW PREVIEW NEWSLETTER Chip off the Old Block. All eyes were on tech today as the sector declined 3.7% and investors sold off chip stocks. Even some of the bigger artificial intelligence companies ...
Australian Dollar tumbles as risk aversion and Fed bets lift the USD
The Australian Dollar collapsed by over 1.20% on Tuesday as risk aversion favoured flows into the Greenback amid expectations of higher US interest rates, while the Aussie fell. The AUD/USD trades at ...
Gold loses ground to near $4,100 as inflation concerns, Fed rate hike bets build
Gold price (XAU/USD) loses momentum to around $4,100 during the early Asian session on Wednesday. The precious metal extends the decline as traders cement views on the US Federal Reserve (Fed) hiking ...
Hormuz closure strands almost 1,200 cargo ships with $125bn worth of goods
‘Unprecedented’ blockade of the strait raises concerns about the future of global maritime trade, says insurer Allianz
Nasdaq closes down more than 2% as global tech sell-off deepens
Global stocks extended losses on Tuesday in a sell-off driven by chipmakers and other tech companies that have recently benefited from market enthusiasm for the prospects of artificial intelligence. T ...
Wall Street ends lower as AI spending concerns mount
STORY: A down day on Wall Street Tuesday saw the Dow edge lower, while the S&P 500 tumbled nearly one-and-a-half percent and the tech-heavy Nasdaq plummeted about 2.2%.Jitters over debt-funded AI spen ...
Teradyne (TER) Suffers a Larger Drop Than the General Market: Key Insights
In the closing of the recent trading day, Teradyne (TER) stood at $420.12, denoting a -8.07% move from the preceding trading day.