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IEA forecasts 4.3 million bpd drop in global Oil supply
The International Energy Agency (IEA) cut its global Oil supply and demand forecasts for 2026 amid s...
US Dollar: Soft CPI risks weigh on outlook – ING
ING’s Chris Turner expects US July CPI to be the key driver for the Federal Reserve’s next move, wit...
Goldman Sachs has a stark message on mutual funds and the Mag 7
The S&P 500 is up roughly 9% this year. The average large-cap mutual fund is up too, in absolute terms. The gap between those two facts is where Goldman Sachs found its story. According to a Goldman S ...
Silver Price Forecast: XAG/USD holds gains near $78.50 on US-Iran deal optimism
Silver price (XAG/USD) rises nearly 4% after registering losses in the previous day, trading around $78.50 per troy ounce during the Asian hours on Monday.
Canadian Dollar edges higher vs USD; Oil slump cap gains amid Iran peace deal hopes
The USD/CAD pair kicks off the new week on a weaker note, eroding a part of Friday's strong gains to the 1.3825 region, or the highest level since April 13. Spot prices, however, lack follow-through s ...
Japanese Yen edges higher to near 159.00 as US, Iran signal peace progress
The USD/JPY pair declines to near 158.90 during the early Asian session on Monday. Progress in talks between the United States (US) and Iran to bring an end to the Middle East conflict drags the US Do ...
Lagarde speech: ECB set to upgrade its inflation forecast in June
In an Italian talkshow Che Tempo Che Fa on Sunday, the European Central Bank (ECB) President Christine Lagarde said that the central bank is likely to raise the inflation forecast at its monetary poli ...
Euro gathers strength to near 1.1650 on US-Iran peace progress
The EUR/USD pair gathers strength to around 1.1640 during the early Asian session on Monday. The Euro (EUR) edges higher against the US Dollar (USD) as US-Iran peace deal hopes improve risk sentiment.
Oil slides, stocks rise as markets bet on Hormuz breakthrough
Australian Dollar gains momentum above 0.7150 on US-Iran peace deal hopes
The AUD/USD pair gains momentum to near 0.7160 during the early Asian session on Monday.
Middle East War updates: Trump says US-Iran peace deal ‘isn’t even fully negotiated yet’
Here’s a brief recap of the key developments in the Middle East war that occurred over the weekend, which are expected to have a significant impact on markets in the upcoming week.
Oil Tumbles, Stock Futures Rise Amid Hopes for Iran Deal
Stock futures were rising late Sunday, and oil futures fell after the Trump administration hinted officials are inching closer to a deal with Iran to end the three-month conflict and reopen the Strait ...
Goldman sees Wall Street bracing for more stock supply as AI trade crowds higher
Uber weighs higher bid for Delivery Hero after €11.5bn offer rebuffed
San Francisco based-group approached major shareholder in German food group