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Strait of Hormuz is reopening faster than expected, says Morgan Stanley as it cuts oil-price target
The Strait of Hormuz is reopening faster than expected, oil analysts at Morgan Stanley said as they ...
Italy Consumer Price Index (YoY) below expectations (3.1%) in June: Actual (3%)
Italy Consumer Price Index (YoY) below expectations (3.1%) in June: Actual (3%)...
US JOLTS Job Openings expected to show strong labor demand, endorsing Fed rate hike bets
The US Bureau of Labor Statistics will release the Job Openings and Labor Turnover Survey (JOLTS) fo...
US President Donald Trump declares Iran ‘has agreed to never have a nuclear weapon’
US President Donald Trump said that Iran agreed not to ever have a nuclear weapon, the Guardian reported on Tuesday.
Japan’s Kiuchi: No comment on market expectations of BoJ rate hike
Japan's Economy Minister, Minoru Kiuchi, said on Tuesday that he will participate in today's Bank of Japan (BoJ) meeting. Kiuchi added that he strongly hopes the central bank communicates and collabor ...
Euro edges higher to near 1.1600 on US-Iran Strait of Hormuz deal
The EUR/USD pair trades in positive territory around 1.1590 during the early Asian session on Tuesday. A deal to reopen the Strait of Hormuz spurred a rally in riskier assets such as the Euro (EUR) ag ...
Gold holds gains as US-Iran deal reduces Fed hike expectations
Gold price (XAU/USD) trades with mild gains during the early Asian session on Tuesday. The precious metal extends the rally after the United States (US) and Iran reached a comprehensive framework deal ...
Bank of Japan expected to raise interest rate to 1%, its highest since 1995
The Bank of Japan (BoJ) will announce its monetary policy decision on Tuesday, at around 3:00 GMT.
British Pound Sterling's peace rally round-trips ahead of the Fed
GBP/USD opened the new week with a sharp risk-on pop toward 1.3450 as a US-Iran ceasefire and the reopening of the Strait of Hormuz sent Crude Oil tumbling and lifted risk-sensitive currencies. The en ...
RBA set to keep interest rate steady after three consecutive hikes
The Reserve Bank of Australia (RBA) is widely expected to leave the Official Cash Rate unchanged at 4.35% when it announces its monetary policy decision on Tuesday, marking a pause after three consecu ...
The Bank of Japan can't save the Japanese Yen
USD/JPY is grinding into the Bank of Japan's (BoJ) June meeting above the 160.00 handle, a whisker from multi-decade highs, while the central bank meant to defend the Yen prepares to raise rates to a ...
Australian Dollar advances as Hormuz breakthrough sinks USD and Oil
The Australian Dollar registered gains of over 0.37% on Monday as the US and Iran agreed on a Memorandum of Understanding (MOU) aimed at ending the conflict and setting the stage for talks about Tehra ...
South Korea Export Price Growth (YoY) rose from previous 40.8% to 46.9% in May
South Korea Export Price Growth (YoY) rose from previous 40.8% to 46.9% in May
South Korea Import Price Growth (YoY): 24.8% (May) vs 20.2%
South Korea Import Price Growth (YoY): 24.8% (May) vs 20.2%
Forex Today: US Dollar lifts off daily lows, Trump says Iran deal is signed
The US Dollar Index (DXY) lifted off 10-day lows to reach the 99.70 price zone even after Trump said it was “important that Oil is plummeting and stocks are rising.” However, caution remains as Trump ...