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Ukraine's Refinery Strikes Push Russia Into a Fuel Crisis
After weeks of trying to downplay the impact of Ukrainian drone strikes on Russian refineries, the K...
Chinese Yuan: PBoC’s new tool signals mild strength – BNY
Geoff Yu at BNY highlights that the PBoC’s new overnight liquidity tool was launched at 1.25%, below...
Update: Communication Services Helps Boost US Equity Indexes; Crude Oil Advances Amid Mixed Messaging on Iran Meeting
(Updates with index/price moves and geopolitical news from the first paragraph.) US equity indexe...
Markets Rally as U.S.-Iran Peace Agreement Lifts Risk Appetite: Dow Jones, S&P, Nasdaq, Wall Street Futures
U. S. stock futures moved sharply higher on Monday after Washington and Tehran announced an interim peace agreement, raising hopes that a conflict which has disrupted global markets for more than thre ...
US Dollar: Weaker path after US-Iran deal – MUFG
MUFG’s Lee Hardman notes that the US Dollar has extended losses after the US and Iran reached an interim agreement to end conflict and reopen the Strait of Hormuz.
Swedish Krona: Riksbank caution weighs on Krona – BBH
Brown Brothers Harriman (BBH) expects the Riksbank to keep its policy rate at 1.75% for a sixth consecutive meeting and to lean against market pricing for a 25 bps hike by year-end.
Oil Prices Slump to 3-Month Lows, Exxon and Chevron Stocks Fall After U.S., Iran Deal
Oil prices slumped to three-month lows of just above $80 a barrel early Monday after the U.S. and Iran reached an interim deal that includes plans to reopen the Strait of Hormuz. Exxon Mobil Chevron ...
No oil shock, no policy pivot: Hormuz reopening changes little for rates, SocGen says
3 Services Stocks to Research Further
Business services providers play a critical role for enterprises, assisting them with everything from new hardware integrations to consulting and marketing. These firms have helped their customers unl ...
British Pound: BoE hikes and politics cap Pound – BBH
Brown Brothers Harriman expects the Bank of England to hold at 3.75% with a 7–2 vote and sees the first fully priced 25 bps hike in November.
Elon Musk makes sky-high trillion-dollar forecast for SpaceX revenue
Elon Musk has a history of setting bold targets and then failing to achieve them . His latest forecasts for SpaceX revenue are more than double what his bankers expected.
Stock Market Investors Get an Urgent Warning From the Bond Market. History Says This Will Happen Next.
Treasury bond yields surged in May as investors priced in possible interest rate increases.
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Monday, according to FXStreet data. Silver trades at $70.69 per troy ounce, up 3.91% from the $68.03 it cost on Friday.
SpaceX is coming to your 401(k) — maybe
SpaceX, Elon Musk’s massive space-exploration-slash-AI company, went public in a record-breaking IPO last week. But even if you’re not buying yet, you could still see the company’s stock in your 401(k ...
Fortuna Mining climbs as Senegal greenlights Diamba Sud Gold project