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Oil price takes a breather, as we wait for CPI

It’s the end of an eventful week, and we’re not over yet. So far, markets are stabilizing, and reversing some of Thursday’s extreme moves in the oil price and in bonds. Stocks are also recovering as w ...

ECB speakers ratify October pricing, Bund and gilt yields at multi-decade highs

EU mid-market update: Houthis reported in control of Bab el-Mandab with Trump declining Riyadh's request to strike, Hormuz corridor talks set for Monday; ECB speakers ratify October pricing, Bund and ...

Bull of the Day: PBF Energy (PBF)

This company has been one of the strongest performers in the entire energy complex.

British Pound: Support at 1.3495 under pressure against US Dollar – UOB

United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann report that GBP/USD’s sharp drop to 1.3493 looks stretched short term, favouring consolidation between 1.3495 and 1.3535 intraday.

Bank of England: On hold amid aggressive market pricing

Signs that increasing transportation costs are feeding through to broader price pressures in the UK are limited. Ofgem's energy price cap fuelled a 0.3 percentage point rise in headline CPI inflation ...

Gold Price Forecast: XAU/USD clings to a key support area around $4,300

Gold (XAU/USD) nudges higher on Friday, as the US Dollar’s (USD) recovery stalls ahead of the US Consumer Price Index (CPI) release, due later in the day.

Silver price today: Silver rises, according to FXStreet data

Silver prices (XAG/USD) rose on Friday, according to FXStreet data. Silver trades at $64.04 per troy ounce, up 0.72% from the $63.58 it cost on Thursday.

Inditex ramps up U.S. expansion with Zara, Bershka, Massimo Dutti - reprort

Canadian Dollar underperforms as Oil prices correct significantly

The Canadian Dollar (CAD) underperforms its major currency peers on Friday. The North American currency faces selling pressure as Oil prices have retreated sharply after posting a fresh four-month hig ...

Swedish Krona: Higher Oil and ECB stance pressure currency – Danske Bank

Danske Research Team explains that Sweden’s July Gross Domestic Product (GDP) indicator was weak, but underlying domestic activity appears stronger, with solid services and consumption data.

ECB 'not assigning too much importance' to neutral rate, December hike now more likely

On the surface, yesterday’s ECB communications were non-committal though clearly there were underlying hawkish undertones. Both the near-term growth and inflation forecasts were revised up, and Lagard ...

US Stock Futures Rise Ahead of CPI as Oracle and Adobe Report Results: Dow Jones, S&P, Nasdaq, Wall Street

US stock futures moved higher on Friday as investors awaited August consumer inflation data ahead of the Federal Reserve’s interest-rate decision next week. At 02:57 ET (06:57 GMT), Dow futures were u ...