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US Equity Markets Mixed After Micron Technology's Results, Surge in Annual Inflation Rate
US equity indexes were mixed on Thursday after Micron Technology's (MU) better-than-expected quarter...
The Mag 7 Is Bleeding. The Rest of the Market Is Cruising.
The bleeding in Magnificent Seven stocks dragged down the S&P 500 and Nasdaq again on Thursday, but ...
Gold consolidates above $4,300 as traders look to Fed rate decision for fresh impetus
Gold (XAU/USD) struggles to capitalize on its weekly gains, though it holds above the $4,300 mark through the Asian session on Wednesday. The latest optimism over an interim US-Iran peace deal keeps t ...
PBOC's Pan: Will act if money market overnight rate persistently deviates from operation rates
The People’s Bank of China (PBOC) Governor Pan Gongsheng said on Wednesday that the central bank would act if the money market overnight rate persistently deviates from operation rates.
EUR/JPY Price Forecast: Could rebound toward 186.50 as bullish bias prevails
EUR/JPY depreciates after three days of gains, trading around 186.20 during the Asian hours on Wednesday. The currency cross holds a constructive bullish bias as it remains above both the nine-day and ...
US Dollar Index weakens to near 99.50 on US‑Iran peace deal optimism ahead of Fed rate decision
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 99.50 during the Asian trading hours on Wednesday. The ...
Silver Price Forecast: XAG/USD rises to near $70.50 as interest rate concerns ease
Silver price (XAG/USD) continues its winning streak for the fifth consecutive day, trading around $70.40 per troy ounce during the Asian hours on Wednesday.
China's Financial Regulator vows to intensify regulatory collaboration in new sectors
China's financial regulator on Wednesday pledged to intensify regulatory collaboration in new sectors, curb systemic risks, resolve real estate and local government debt exposures, and crack down on i ...
New Zealand Dollar sticks to positive bias as Iran peace deal undermines USD ahead of FOMC
The NZD/USD pair trades with a positive bias for the second consecutive day on Wednesday, though it lacks bullish conviction and remains below mid-0.5800s through the Asian session.
Top Japan executive sounds alarm over ‘endlessly’ investing in US
Yoshimitsu Kobayashi highlights worries over $550bn funding for American infrastructure as domestic productivity lags
Canadian Dollar steadies despite lower oil prices
USD/CAD halts its four-day winning streak, trading around 1.3990 during the Asian hours on Wednesday.
British Pound edges higher above 1.3400 on US-Iran peace optimism
The GBP/USD pair gathers strength to around 1.3430 during the early Asian trading hours on Wednesday, bolstered by Middle East peace hopes.
Australia Westpac Leading Index (MoM) dipped from previous 0.05% to 0% in May
Australia Westpac Leading Index (MoM) dipped from previous 0.05% to 0% in May
PBOC sets USD/CNY reference rate at 6.8096 vs. 6.8108 previous
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Wednesday at 6.8096 compared to the previous day's fix of 6.8108 and 6.7659 Reuters estimate.