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EU Locks In Plan To Triple Energy Storage Capacity By 2030
Europe desperately needs an energy storage revolution. As the region gets rocked by the third energy...
Oil Traders Stay Bearish Despite Deepening Middle East Disruptions
Despite continued hostilities in the Middle East and an expansion of the war to the Red Sea, oil tra...
S&P closes at record high as soft jobs report eases rate-hike concerns
STORY: U.S. stocks rallied on Friday, with the Dow gaining more than a quarter of a percent, the S&P...
British Pound breaks below 1.3400 as blowout NFP ignites US Dollar rally
The Pound Sterling (GBP) falls below the 1.3400 figure on Friday, registering losses of 0.37% against the US Dollar (USD) after the latest Nonfarm Payrolls report in the US crushed estimates, backing ...
Silver tumbles below $69 as strong US jobs report boosts the US Dollar
Silver (XAG/USD) falls on Friday and trades around $68.90 at the time of writing, down 6.74% on the day. The white metal is under heavy selling pressure after a stronger-than-expected US employment re ...
Euro drops to two-month low as strong US jobs data lifts Greenback
EUR/USD weakens on Friday as the US Dollar (USD) rallies following a stronger-than-expected US Nonfarm Payrolls (NFP) report. At the time of writing, the pair trades around 1.1559, slipping to two-mon ...
Euro falls against Pound after Eurozone GDP data paints weaker growth picture
The Euro (EUR) slips against the British Pound (GBP) on Friday after a downward revision to Eurozone growth figures cast fresh doubt over the region's economic outlook. EUR/GBP trades around 0.8642 at ...
Canada Participation Rate below expectations (65.1%) in May: Actual (65%)
Canada Participation Rate below expectations (65.1%) in May: Actual (65%)
Canada Unemployment Rate below expectations (6.9%) in May: Actual (6.6%)
Canada Unemployment Rate below expectations (6.9%) in May: Actual (6.6%)
Oil: Inventory declines tighten outlook – ING
ING analysts Warren Patterson and Ewa Manthey highlight that Oil is trading on expectations of resumed Persian Gulf flows, which they see as overly optimistic given stalled US-Iran talks.
Mexico Consumer Confidence declined to 43.1 in May from previous 44.3
Mexico Consumer Confidence declined to 43.1 in May from previous 44.3
Gold: Demand mix shifts as investment rises – Commerzbank
Commerzbank, citing Metals Focus, notes that total Gold demand is forecast to fall 2% in 2026 as weaker jewelry demand and lower central bank buying offset stronger bar and coin investment.
Gold steadies as traders await US NFP for clues on the Fed next move
Gold (XAU/USD) recovers part of its earlier losses on Friday as traders reposition ahead of the US Nonfarm Payrolls (NFP) report, due at 12:30 GMT. At the time of writing, XAU/USD is trading around $4 ...
Silver Price Forecast: XAG/USD recovers half of early losses, still down ahead of US NFP data
Silver price (XAG/USD) claws back half of its early losses in the European trading session on Friday, but is still 1.7% down to near $72.60. The white metal is expected to remain volatile, as the Unit ...
US Dollar: Fed hike odds trimmed on data – Deutsche Bank
Deutsche Bank strategists note that easing inflation fears and softer US data have led markets to scale back expectations for additional Federal Reserve tightening in 2026. The Dollar Index (DXY) is s ...