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Update: US Equity Indexes Decline as Fading Hopes for Quick Hormuz Reopening Lift Crude Oil, Treasury Yields
(Updates with index/price moves and company/geopolitical news from the first paragraph.) US equit...
Update: S&P 500 Retreats From Record, Oil Jumps as Hormuz Reopening Hopes Fade
(Updates with market moves at the end of the day, and other changes, if any.) US equity benchmark...
Dow Jones Futures: Surging Oil Prices Spark Stock Market Losses; SpaceX Rival Rocket Lab Slides On Earnings
Dow Jones Futures: Surging oil prices sparked stock market losses Monday. SpaceX rival Rocket Lab tu...
Japan’s Katayama says will act flexibly to safeguard people's livelihood
Japan’s Finance Minister Satsuki Katayama said that she will attend the G7 meeting in France from May 17, Reuters reported on Friday.
PBOC sets USD/CNY reference rate at 6.8415 vs. 6.8401 previous
On Friday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.8415 compared to the previous day's fix of 6.8401 and 6.7976 Reuters estimate.
WTI holds losses near $97.50 as 30 vessels navigate through Hormuz
West Texas Intermediate (WTI) oil price remains in the negative territory after posting modest gains in the previous day, trading around $97.60 per barrel during the Asian hours on Friday.
Japanese Yen drops to two-week low vs USD as bears shrug off intervention fears
The USD/JPY pair touches a two-week high during the Asian session on Friday and looks to extend the weekly uptrend amid a broadly firmer US Dollar (USD).
USTR’s Greer: Keeping the Strait of Hormuz open is crucial for China
United States Trade Representative (USTR), Jamieson Greer, said that managing and controlling economic relationship with China are the key to meeting US domestic objectives, Reuters reported on Friday ...
Euro weakens to near 1.1650 as hot US inflation boosts Fed hike expectations
The EUR/USD pair trades in negative territory near 1.1660 during the early Asian session on Friday.
Japan Producer Price Index (YoY) above forecasts (3%) in April: Actual (4.9%)
Japan Producer Price Index (YoY) above forecasts (3%) in April: Actual (4.9%)
Japan Producer Price Index (MoM) came in at 2.3%, above expectations (0.7%) in April
Japan Producer Price Index (MoM) came in at 2.3%, above expectations (0.7%) in April
US President Donald Trump hopes US-China relationship ‘will be better than ever before’
US President Donald Trump said that he hoped the relationship between the US and China would be "stronger and better than ever before" ahead of a second day of talks with Chinese President Xi Jinping ...
Fed’s Barr: Easing liquidity regulations to reduce Fed balance sheet not advisable
Federal Reserve (Fed) Governor Michael Barr said that lowering liquidity rules to get the central bank’s balance sheet smaller is a bad idea and could undermine the safety of the financial system, Re ...
Gold inches higher above $4,650 amid Trump–Xi summit hopes
Gold price (XAU/USD) recovers some lost ground around $4,660 during the early Asian session on Friday. However, the potential upside for the precious metal might be limited as the prospects of US rate ...
Pound Sterling breaks down as Labour turmoil overshadows stronger UK GDP data
GBP/USD fell 0.9% on Thursday, breaking below 1.3500 in a sharp staircase decline from session highs to a low close to 1.3395. The move extended a multi-week downtrend from the early-March peak, with ...