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Update: US Equity Indexes Mixed as Technology Gives Up Intraday Gains, Crude Oil Sinks
(Updates with index/price moves and political/company news from the first paragraph.) US equity i...
Dow Jones Futures Rise As Micron Jumps On Earnings, Lifting Sandisk, AI Stocks; Fed Inflation Data Due
Micron surged overnight on strong earnings and guidance, lifting other memory and chip plays. The Fe...
Micron profits soar nearly 1,400% amid global memory chip shortage
Shares surge in after-hours trading after chipmaker reports strong third-quarter earnings on AI boos...
USD/CAD Price Forecast: 50% Fibo retracement near 1.3755 acts as key barrier
The USD/CAD pair trades marginally lower to near 1.3735 during the European trading session on Monday. The Loonie pair faces selling pressure as the US Dollar (USD) turns upside down due to hopes that ...
Chinese Refiners Slash Crude Runs to Lowest Level Since 2022
Chinese refiners slashed their crude runs to the lowest level since August 2022 as China has reduced refinery utilization and slashed crude imports as oil prices soar amid the Iran war. Crude throughp ...
Dow Jones futures trim recent losses after reports of Iran-Oman talks
Dow Jones futures pare its intraday losses, remaining down by 0.56%, near 49,350 during the European hours ahead of the United States (US) regular opening on Monday. Meanwhile, the S&P 500 fall 0.23% ...
China: Cooling demand and stable US ties – Standard Chartered
Standard Chartered strategists note that China’s April data showed weaker domestic demand, with both consumption and investment slowing even as exports supported industrial production.
US Dollar: Fed pressure and bond sell-off – ING
ING’s Chris Turner highlights that rising US Treasury yields and a bearish yield curve steepening are pressuring the Federal Reserve (Fed) to sound more hawkish, even without immediate hikes. He notes ...
Silver: Downside risks build after sharp slide – OCBC
OCBC strategist Christopher Wong notes that Silver dropped around 9% to below US$76/oz, extending a sharper correction than Gold.
Niu Technologies GAAP EPADS of -$0.17, revenue of $131.85M misses by $1.42M; gives Q2 outlook
Italy Trade Balance EU declined to €-1.08B in March from previous €-0.652B
Italy Trade Balance EU declined to €-1.08B in March from previous €-0.652B
Italy Global Trade Balance registered at €4.709B, below expectations (€5.2B) in March
Italy Global Trade Balance registered at €4.709B, below expectations (€5.2B) in March
Swiss Franc advances as USD loses latest gains despite increased risk aversion
USD/CHF halts its five-day winning streak, trading around 0.7860 during the early European hours on Monday. The currency pair depreciated as the US Dollar (USD) surrendered its daily gains, despite a ...
Ebola outbreak: CDC mobilizes response efforts; U.S. risk remains low
British Pound recovers from over one-week low vs weaker JPY; GBP/JPY retakes 212.00
The GBP/JPY cross stages a modest recovery from a one-and-a-half-week trough, set earlier this Monday, and retakes the 212.00 mark during the early European session.