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Dow, S&P 500, Nasdaq Decline Amid Hot Inflation Data, AI Selloff: CRWV, NBIS, NVDA, IBRX Stocks In Focus
Red-hot inflation data, triggered by soaring energy prices, weighed heavily on markets on Wednesday....
Global tech sell-off deepens as Asian markets tumble
AI-related stocks in South Korea and Japan suffer after Wall Street falls on hot US inflation...
KOSPI Opens 7% Down After Hot US CPI and AI Doubts Grow
South Korea's KOSPI opened sharply lower and slid 7% after hot US inflation data and AI doubts, exte...
NZD/USD Price Forecast: Kiwi hesitates around 0.5930 with risk appetite subdued
The New Zealand Dollar (NZD) is going through a nervous consolidation against the US Dollar (USD) on Tuesday. The pair is looking for direction around 0.5930, following a reversal from 0.6000 on Monda ...
United Kingdom Net Lending to Individuals (MoM) came in at £6.2B below forecasts (£7.1B) in April
United Kingdom Net Lending to Individuals (MoM) came in at £6.2B below forecasts (£7.1B) in April
That Didn't Take Long: President Donald Trump Just Threw New Fed Chair Kevin Warsh Under the Bus
The new head of the Fed has a virtually impossible task of appeasing the president and Wall Street concerning interest rates.
Abivax plunges 32% as ulcerative colitis drug efficacy overshadowed by cancer concerns
Dow Jones futures fall due to US-Iran deal uncertainty
Dow Jones futures decline 0.20% below 51,050, while S&P 500 futures lose 0.11% to near 7,600. Meanwhile, Nasdaq 100 futures fall 0.14%, trading near 30,520 during the European hours on Tuesday, ahead ...
Brent Oil: Dual-path outlook and Hormuz risks – Deutsche Bank
Deutsche Bank’s Jim Reid and colleagues outline a baseline scenario in which a US-Iran agreement this month reopens the Strait of Hormuz, allowing Brent Oil to retreat toward $86 per barrel in Q4 2026 ...
Australian Dollar: Weak exports and China risks weigh on currency – Commerzbank
Commerzbank’s Volkmar Baur reports that Australian exports fell 2% year-on-year in March, with iron ore shipments down about 18% due to a pricing dispute with a Chinese state-owned buyer.
Japanese Yen: Stays weak against dollar, losses capped below 159.95 – UOB
UOB’s Quek Ser Leang and Lee Sue Ann notes USD/JPY climbed to 159.76 on Monday, closing at 159.65 with firmer upward momentum. Intraday, they see room for further gains but doubt a clear break above 1 ...
Israel’s Netanyahu faces backlash after Trump call
Prime minister failed to follow through on threat to bomb Hizbollah following pressure from US president
WTI drifts lower below $89.50 as traders await progress on Middle East peace talks
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $89.35 during the early European trading hours on Tuesday.
Gold: Forecasts revised lower on yields – OCBC
OCBC's strategists Sim Moh Siong and Christopher Wong turn more cautious on Gold in the near term, cutting its price forecasts as elevated Oil prices, higher yields and a more hawkish Federal Reserve ...
Silver Price Forecasts: XAG/USD hits highs near $77 amid a moderate risk appetite
Silver (XAG/USD) appreciates on Tuesday, retracing losses from the previous two trading days and reaching session highs near $77.00. News of a ceasefire in Lebanon has lifted market sentiment, althoug ...