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Chinese Refiners Slash Crude Runs to Lowest Level Since 2022

Chinese refiners slashed their crude runs to the lowest level since August 2022 as China has reduced refinery utilization and slashed crude imports as oil prices soar amid the Iran war. Crude throughp ...

Dow Jones futures trim recent losses after reports of Iran-Oman talks

Dow Jones futures pare its intraday losses, remaining down by 0.56%, near 49,350 during the European hours ahead of the United States (US) regular opening on Monday. Meanwhile, the S&P 500 fall 0.23% ...

China: Cooling demand and stable US ties – Standard Chartered

Standard Chartered strategists note that China’s April data showed weaker domestic demand, with both consumption and investment slowing even as exports supported industrial production.

US Dollar: Fed pressure and bond sell-off – ING

ING’s Chris Turner highlights that rising US Treasury yields and a bearish yield curve steepening are pressuring the Federal Reserve (Fed) to sound more hawkish, even without immediate hikes. He notes ...

Silver: Downside risks build after sharp slide – OCBC

OCBC strategist Christopher Wong notes that Silver dropped around 9% to below US$76/oz, extending a sharper correction than Gold.

Niu Technologies GAAP EPADS of -$0.17, revenue of $131.85M misses by $1.42M; gives Q2 outlook

Italy Trade Balance EU declined to €-1.08B in March from previous €-0.652B

Italy Trade Balance EU declined to €-1.08B in March from previous €-0.652B

Italy Global Trade Balance registered at €4.709B, below expectations (€5.2B) in March

Italy Global Trade Balance registered at €4.709B, below expectations (€5.2B) in March

Swiss Franc advances as USD loses latest gains despite increased risk aversion

USD/CHF halts its five-day winning streak, trading around 0.7860 during the early European hours on Monday. The currency pair depreciated as the US Dollar (USD) surrendered its daily gains, despite a ...

Ebola outbreak: CDC mobilizes response efforts; U.S. risk remains low

British Pound recovers from over one-week low vs weaker JPY; GBP/JPY retakes 212.00

The GBP/JPY cross stages a modest recovery from a one-and-a-half-week trough, set earlier this Monday, and retakes the 212.00 mark during the early European session.

China’s Coal Output Slips as Imports Extend Decline

China’s coal production last month inched down by 1%, to 385.63 million tons, Reuters has reported, citing official statistics data. The decline was from an all-time high achieved in March. Over the f ...