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XMAG Is Outperforming the S&P 500 in 2026 as the Magnificent Seven Stall
The fund that was supposed to track the market's most powerful stocks is getting beaten by a fund bu...
United States Dollar Index holds above 101.50 ahead of US PCE inflation
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, continues its winning streak for the fourth successive day and is trading around 101.60 during ...
Qatar Signs Crude Deal With Taiwan as Gulf Oil Trade Recovers
In the latest sign of recovering oil flows in the Persian Gulf, Qatar inked a deal with a Taiwanese refiner for the sale of a cargo of Al-Shaheen crude, Bloomberg reported today, citing unnamed tradin ...
White House seeks $87.6B supplemental package for Iran war and farm aid
Forex Today: US Dollar rally pauses ahead of critical inflation data
Here is what you need to know on Thursday, June 25:
Enerflex extends $800M revolving credit facility maturity to 2029
US Dollar: Cooler core PCE risks and peak rally view – ING
ING’s Francesco Pesole argues the Dollar rally may be nearing its peak as calmer risk sentiment and softer Federal Reserve (Fed) pricing take hold.
ECB’s Schnabel: Interest rates need to raise further to bring inflation down to 2% target
European Central Bank (ECB) policymaker Isabel Schnabel reiterates that the central bank is not done with monetary tightening yet, according to her remarks released by Econostream released during the ...
Euro remains pinned near 13-month lows following soft German consumer confidence
The Euro (EUR) edges lower against the US Dollar (USD) on Thursday, extending its decline for the fourth consecutive day.
Gold: Rates repricing weighs on haven appeal – BNY
BNY’s Geoff Yu notes that Gold has broken below $4,000/ounce after a weak spell since mid-March, as rising global front-end yields and fading debasement fears pressure precious metals.
Spain Gross Domestic Product (YoY) meets expectations (2.7%) in 1Q
Spain Gross Domestic Product (YoY) meets expectations (2.7%) in 1Q
Spain Gross Domestic Product (QoQ) meets forecasts (0.6%) in 1Q
Spain Gross Domestic Product (QoQ) meets forecasts (0.6%) in 1Q
British Pound: Risk of slide toward 1.3110 against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann highlight that GBP/USD briefly broke below 1.3160 to 1.3140 before recovering to 1.3170, with intraday price action expected to probe 1.3130 ...