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The central bank of central banks warns AI frenzy could trigger stock-market slump and jeopardize economy
Rich stock market valuations, investor complacency, circular financing, and the potential knock-on e...
Eurozone Business Climate declined to -0.38 in June from previous -0.26
Eurozone Business Climate declined to -0.38 in June from previous -0.26...
Eurozone Services Sentiment came in at 3.2, above expectations (2.5) in June
Eurozone Services Sentiment came in at 3.2, above expectations (2.5) in June...
PBOC sets USD/CNY reference rate at 6.8240 vs. 6.8291 previous
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thursday at 6.8240 compared to the previous day's fix of 6.8291 and 6.7861 Reuters estimate.
WTI edges higher above $89.00 as US carries out fresh strikes in Iran
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $89.35 during the early Asian trading hours on Thursday. WTI price recovers some lost ground amid renewed tensions between ...
Australian Dollar hangs near weekly low vs USD on reduced RBA hike bets, Mideast tensions
The AUD/USD pair remains depressed for the third straight day and trades around the 0.7130 region during the Asian session, just above the weekly low touched the previous day.
South Korea BoK Interest Rate Decision meets forecasts (2.5%)
South Korea BoK Interest Rate Decision meets forecasts (2.5%)
ECB's Lane: Even if initial energy shock begins to ease, second-round effects will persist
European Central Bank (ECB) Chief Economist Philip Lane said on Thursday that even if initial energy shock begins to ease, second-round effects will persist.
Fed's Jefferson: Monetary policy is well positioned to respond, not prejudge June meeting
Federal Reserve (Fed) Vice Chair Philip Jefferson said on Thursday that monetary policy is well positioned to respond to developments but has not prejudged June's policy meeting.
Euro weakens below 1.1650 as US military carries out new strikes in Iran
The EUR/USD pair trades in negative territory around 1.1620 during the early Asian session on Thursday. Escalating tensions between the United States (US) and Iran continue to weigh on riskier assets, ...
US military carries out new strikes on an Iranian military site — Reuters
The US military carried out new strikes in Iran targeting a military site that posed a threat to US forces and commercial traffic in the Strait of Hormuz, Reuters reported on Wednesday.
Japan Foreign Investment in Japan Stocks down to ¥1B in May 22 from previous ¥949.6B
Japan Foreign Investment in Japan Stocks down to ¥1B in May 22 from previous ¥949.6B
US President Donald Trump says he won’t rush Iran deal because he doesn’t care about the midterms
US President Donald Trump said that he won’t be rushed into a deal, warning that Iran’s efforts to outlast him won’t work because he doesn’t “care about the midterms,” CNN reported on Wednesday.
Gold flatlines near $4,450 on US-Iran uncertainties, US PCE inflation data looms
Gold price (XAU/USD) trades on a flat note around $4,455 during the early Asian session on Thursday. The precious metal steadies as US-Iran peace negotiations face uncertainties.
Yen erases the rescue as carry math wins out
The Bank of Japan (BoJ) and Ministry of Finance bought themselves three weeks of breathing room.