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New Zealand Dollar: RBNZ set for further tightening – BNY
BNY’s Geoff Yu expects the Reserve Bank of New Zealand (RBNZ) to raise the Official Cash Rate (OCR) ...
US Dollar Index: Upside risks stay supported – ING
ING’s Chris Turner notes the Dollar (USD) has held up after soft June jobs data, with G7 FX volatili...
Germany Factory Orders rises 1.9% in May, beats 1.2% estimates
Germany's Factory Orders jumps 1.9% in May, faster than 1.2% estimates, according to the official da...
XPeng, NIO Stocks Soar on Sign That China’s EV Sales Are Bouncing Back
FEATURE Shares of NIO and XPeng started the month with a bang. Li Auto stock even got a tiny boost despite falling delivery numbers. Combined, the three Chinese EV makers delivered 103,213 cars in M ...
The S&P 500 Lost 40% in Real Terms from 1968 to 1982. History Says It Could Happen Again.
Although the bull case has rarely sounded louder, with one-year gains running hot and the index pressing new highs, Wall Street has a long memory, and that memory is not kind to stretched valuations t ...
BP Sells 5% Stake in Australia's Newest $35 Billion LNG Project
BP will sell 5% in the $35-billion Browse LNG project in Australia, which Australian energy giant Woodside is looking to progress, the UK-based supermajor told Reuters on Monday. BP is selling the 5% ...
Japanese Yen: Testing major resistance band – Societe Generale
Societe Generale analysts underline that USD/JPY has rebounded after defending a multi-month ascending trend line and 200-day moving average near 155. The pair is edging toward the April high at 160.5 ...
UAW walks out at GM truck supplier plant
Swedish Krona: Riksbank path a headwind for Swedish Krona – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad argues that Sweden’s benign inflation and spare capacity support an extended Riksbank hold. While the central bank projects its policy rate at 1.75% until ...
Beat the Market Like Zacks: Oracle, Micron, Hudson Pacific in Focus
ORCL, MU and HPP led standout gains as Zacks highlighted top-performing portfolios amid volatile markets and inflation worries.
Euro: Range-bound risks with upside caps against US Dollar – Rabobank
Rabobank’s Senior FX Strategist Jane Foley expects EUR/USD to stay largely range-bound near key moving averages as markets await clarity on a potential US-Iran deal and US data that could shift Federa ...
US Dollar Index: Stronger USD and Fed independence focus – BNY
BNY’s Bob Savage notes that the US Dollar (USD) is firmer, with US Dollar Index (DXY) slightly higher as bond yields rise and risk sentiment turns cautious.
Stock Market Today: Dow Rises Amid Continued U.S.-Iran Deal Hopes; Nvidia Rallies On New Chip (Live Coverage)
Stock Market Today: The Dow Jones index rose Monday amid ongoing hopes for a U.S.-Iran deal. Nvidia stock jumped on a new chip.
Record highs, tired legs: The S&P climbs into resistance just as the data avalanche begins
Wall Street has rolled into June the way it left May — at record highs and refusing to flinch. The S&P 500 trades around 7,580 this morning, the Nasdaq just notched its best month of the year (up more ...
This Tech Stocks Rally Can Rage Into June But Markets Face 3 Big Obstacles
Memory chip inflation is just beginning, Berkshire Hathaway buys homebuilder in CEO Abel’s first takeover, and other news to start your day.