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Nasdaq Futures Slide Premarket As AI Spending Worries Resurface — Oil Tops $112 On Iran Tensions, Supply Concerns
Lam Research and Tesla led losses as investors reassessed AI spending, while fears of renewed milita...
Tech, Oil Worries Undercut Wall Street Pre-Bell; Asia, Europe Down
Wall Street futures pointed lower pre-bell Thursday on mounting Persian Gulf hostilities and crude p...
Fed preview: On hold in October, hiking resumes later
The Fed began its hiking cycle with a 25bp hike at the September meeting, but we expect rates to sta...
PBOC sets USD/CNY reference rate at 6.8047 vs. 6.8088 previous
On Friday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.8047 compared to the previous day's fix of 6.8088 and 6.7808 Reuters estimate.
British Pound strengthens to near 1.3350 as cooling US labor market weighs US Dollar
The GBP/USD pair trades with mild gains near 1.3350 during the early Asian trading hours on Friday. The US Dollar (USD) edges lower against the British Pound (GBP) on a weaker-than-expected US Nonfarm ...
WTI remains below $68.50 amid easing Middle East tensions
West Texas Intermediate (WTI) oil price inches lower after registering modest gains in the previous day, trading around $68.40 during the Asian hours on Friday. The global energy market is experiencin ...
Natural gas set to surpass oil as top U.S. energy source by 2030
Euro softens below 1.1450 as softer Eurozone inflation trims ECB hike bets
The EUR/USD pair declines to around 1.1420 during the early Asian session on Thursday, pressured by a soft Eurozone inflation outlook. The US Dollar (USD) strengthens against the Euro (EUR) despite di ...
Japan Jibun Bank Services PMI came in at 52.2, above expectations (51.8) in June
Japan Jibun Bank Services PMI came in at 52.2, above expectations (51.8) in June
Ecolab closes $4.75B CoolIT acquisition, updates full-year guidance
Ireland AIB Services PMI: 54.2 (June) vs 50.8
Ireland AIB Services PMI: 54.2 (June) vs 50.8
UAE Rewrites Offshore Oil Pricing To Capture Asian Markets
Previously, we reported that Abu Dhabi’s flagship crude, Murban crude, has rapidly risen to prominence, with Murban crude futures having rapidly evolved from a regional benchmark into a primary global ...
Iran insisting on Strait of Hormuz tolls even as U.S. dangles billions of dollars - WSJ
Chinese Yuan: Range trading after weakness fades against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang reports USD/CNH is consolidating after a prior decline to 6.7865, with prices oscillating between 6.7911 and 6.8025 and closing at 6.7948. He expects intrad ...
Iran vows “decisive response” to any US “miscalculation”
Iran’s joint military command warned any US interference in the Strait of Hormuz will be met with a “decisive and swift response” as tensions continue to roil negotiations, Aljazeera news agency repor ...