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Oil Markets Are Pricing A Supply Surge That Isn’t Guaranteed
Crude oil prices are in freefall after the United States and Iran agreed on a ceasefire, set to last...
Stock market today: S&P 500, Nasdaq, Dow futures climb as a halt to US-Iranian attacks is called
The major gauges advanced as peace talks between Iran and the US were broached....
Middle East War updates: US, Iran appear to be returning to talks to end the war
Here’s a brief recap of the key developments in the Middle East war that occurred over the weekend, ...
WTI rises to near $91.00 as US strikes continue against Iran
West Texas Intermediate (WTI) oil price extends gains for the second successive day, trading around $90.70 per barrel during the Asian hours on Thursday.
US military launches strikes on ‘multiple targets’ in Iran after Trump vows to 'hit them hard’
The US Central Command (CENTCOM) said it began "additional self-defense strikes" on Wednesday against "multiple targets in Iran,” the Guardian reported. The US military added, "The strikes are in resp ...
The Australian Dollar is long the commodity and short the customer
The Australian Dollar (AUD) has everything a currency bull could ask for except a functioning customer, and Wednesday made that distinction expensive.
Forex Today: US Dollar rebounds after inflation data
The US Dollar Index (DXY) trades with a firmer tone above 100.00 after May inflation data highlighted persistent price pressure in the United States (US). The headline Consumer Price Index (CPI) rose ...
Euro trades muted ahead of expected ECB rate hike
The EUR/USD pair trades near the 1.1550 region on Thursday as the Euro (EUR) remains little changed despite expectations that the European Central Bank (ECB) will raise interest rates at its upcoming ...
USD/JPY Price Forecast: US Dollar holds above 160 as RSI nears overbought, BoJ risk looms
The USD/JPY pair extends its gains for the second straight day on Wednesday, drifting higher above the 160.00 threshold, in an intervention zone.
United States 10-Year Note Auction up to 4.538% from previous 4.468%
United States 10-Year Note Auction up to 4.538% from previous 4.468%
WTI Crude Oil climbs as Trump warns Iran, EIA reports deeper US stock draw
West Texas Intermediate (WTI) trades around $89.40 at the time of writing on Wednesday, up 2.33% on the day, as investors return to the Oil market following a strong rebound driven by geopolitical ten ...
Pound Sterling Price News and Forecast: GBP/USD hovers near 1.3400 as hot US CPI weighs on USD
The Pound Sterling (GBP) rises by over 0.19% on Wednesday after US inflation matched estimates, though the headline Consumer Price Index (CPI) reached a three-year high in May. The GBP/USD pair trades ...
British Pound hovers near 1.3400 as hot US CPI weighs on USD
The Pound Sterling (GBP) rises by over 0.19% on Wednesday after US inflation matched estimates, though the headline Consumer Price Index (CPI) reached a three-year high in May. The GBP/USD pair trades ...
Denmark: Core inflation rise as headline stays below Euro area – Nordea
Nordea’s Jan Størup Nielsen notes that Danish consumer prices rose 1.9% year-over-year in May, with core inflation at 2.1%, its highest level since the start of 2024. Monthly inflation was driven by h ...
Euro steadies as markets digest US inflation data and await ECB decision
The Euro (EUR) holds modest gains against the US Dollar (USD) on Wednesday as the Greenback comes under modest pressure following the release of US inflation data. At the time of writing, EUR/USD trad ...