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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...
Japanese Yen: Downtrend intact against US Dollar with 159.95 in focus – UOB
UOB’s Quek Ser Leang and Lee Sue Ann report USD/JPY closed at 159.51, its second straight daily gain, and see scope for further upside. Intraday, they expect a test above 159.70, though 159.95 is unli ...
Spain's retail sales rise 0.8% Y/Y in April, fall 1.5% M/M
Spain Retail Sales (YoY): 0.8% (April) vs previous 4.1%
Spain Retail Sales (YoY): 0.8% (April) vs previous 4.1%
Three Oil and Two Gas Carriers Clear Hormuz
Two supertankers and an LNG carrier have passed through the Strait of Hormuz this week and are currently en route to their destinations in China and India, Reuters reported today, citing data from Kpl ...
FedEx Spin-Off Gets Rare S&P 500 Fast Pass As Freight Unit Prepares To Trade
FedEx will spin off FedEx Freight as an independent company on June 1, and the new business will quickly join the S&P 500 index.
New Zealand Dollar loses traction as US–Iran tensions overshadow hawkish RBNZ policy outlook
The NZD/USD pair attracts some sellers to around 0.5885 during the early European trading hours on Thursday. The New Zealand Dollar (NZD) softens against the US Dollar (USD) as a fresh exchange of air ...
Equities: Pullback as Oil and yields rebound – Danske Bank
Danske Bank’s Danske Research Team notes that global equities paused and are set to open lower as Oil prices and yields move higher following renewed US-Iran tensions.
Bull Case For US Stocks Intact Despite ‘Melt-Up’ Fears: Yardeni Research
Yardeni Research said in a post on Wednesday that the bull case for the stock market remains intact and added that the probability of a U.S. recession in 2026 has declined.
ByteDance joins tech peers in building custom CPUs for AI inference, Reuters reports
France Producer Prices (MoM) fell from previous 2% to -2.1% in April
France Producer Prices (MoM) fell from previous 2% to -2.1% in April
Canadian Dollar: Rebalancing offers near-term relief – BNY
Geoff Yu at BNY highlights that Canadian Dollar (CAD) dynamics differ from the U.S., with equity-based rebalancing pointing toward CAD support as growth and allocation trends move opposite to the US D ...
Aegon partners with major shareholder to overhaul governance for planned U.S. relocation