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Oil: Hormuz risks and US-Iran MoU tensions – Rabobank
Rabobank strategist Michael Every describes how US efforts to secure Hormuz Oil flows under an emerg...
EU Bows to Tech Lobby, Drops Ten-Year Renewables Rule for Data Centers
The European Union has given in to pressure from Big Tech to water down its strict low-carbon energy...
Equities: Tech slump contrasts broader resilience – Deutsche Bank
Deutsche Bank’s Early Morning Reid describes a mixed picture for US equities. The S&P 500 index slip...
United States Baker Hughes US Oil Rig Count climbed from previous 431 to 433
United States Baker Hughes US Oil Rig Count climbed from previous 431 to 433
SpaceX stock reaches new intraday high an hour into first trading session
SpaceX (SPCX) stock swung to a new daily high an hour into its first day of trading on Friday.
Japanese Yen holds as traders switch focus to BoJ hike and Warsh’s first Fed meeting
The USD/JPY pair trades near the 160.20 region on Friday as the Japanese Yen (JPY) remains slightly under pressure, while investors prepare for a key central bank week featuring the Bank of Japan's (B ...
Silver price firms on US Dollar weakness amid easing US-Iran haven demand
Silver (XAG/USD) trades around $67.50 on Friday at the time of writing, up 0.21% on the day. The white metal maintains a positive bias despite improving market sentiment driven by diplomatic progress ...
SpaceX launches 24% higher at Friday debut
Space Exploration Technologies (SPCX), aka SpaceX, zoomed 24% higher soon after the start of its first IPO trading day on Friday. Shares of the rocket and artificial intelligence (AI) company founded ...
BoE seen holding rates as economists split on next move – RTRS
A Reuters poll found that the Bank of England is projected to keep the Bank Rate at 3.75% at the June 18 meeting, based on a survey of 65 economists.
Pound Sterling Price News and Forecast: Stalls as UK GDP shrinks, diplomacy boosts risk mood
The Pound Sterling turned negative on Friday against the US Dollar after data from the UK showed the economy contracted in April, while an agreement between the US and Iran improved risk appetite. Yet ...
British Pound stalls as UK GDP shrinks, diplomacy boosts risk mood
The Pound Sterling (GBP) turns negative against the US Dollar (USD) on Friday after UK data showed the economy contracted in April, while rising prospects of an agreement between the US and Iran impro ...
US officials' comments on Iran negotiations put mild pressure on US Dollar
United States Vice President JD Vance said on Friday that Iran would not receive cash or released funds simply for signing a potential agreement, pushing back against what he described as false inform ...
British Pound: Steady against US Dollar before key BoE and data – Scotiabank
Scotiabank strategists Shaun Osborne and Eric Theoret note that the British Pound (GBP) is consolidating recent gains around 1.3400, with domestic risk elevated ahead of next week’s CPI, labour data a ...
Euro supported by hawkish ECB rhetoric as British Pound struggles after weak GDP
EUR/GBP holds firm on Friday, with the Euro (EUR) modestly outperforming the British Pound (GBP) as weak UK Gross Domestic Product (GDP) data reinforced signs of a slowing economy. At the time of writ ...
CEE FX: Risk-on bounce but policy still key – ING
ING’s Frantisek Taborsky notes that headlines on a possible end to the US-Iran conflict triggered a risk-on move, helping Central and Eastern European currencies erase recent losses.