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Bessent says US unlikely to resume large-scale Iran combat, steps up economic pressure
US Treasury Secretary Scott Bessent said that the US President Donald Trump administration’s plan to...
Australian Dollar weakens as US yields rebound, PMIs fail to impress
The Australian Dollar retreated against the Greenback on Thursday as US bond yields resumed their ad...
Houthis Move to Gain Complete Control Over Crucial Bab el-Mandeb Oil Chokepoint
The Yemeni Houthis are planning to seize land along the Yemeni coast in the Bab el-Mandeb Strait, ti...
Nervous dip buying continues in equities
“While the attacks in the Middle East appeared to intensify overnight, there has been little dramatic rhetoric today, leading to hopes that any renewed conflict can be avoided.
Dow Jones Industrial Average rebounds on a phone call and borrowed semiconductor strength
The Dow Jones Industrial Average (DJIA) trades near 52,484 on Thursday, higher by roughly 0.28% and recovering only a modest slice of Wednesday's rout of more than one percent, after President Donald ...
United States 4-Week Bill Auction up to 3.63% from previous 3.605%
United States 4-Week Bill Auction up to 3.63% from previous 3.605%
South Korean Won: Oil-linked range view into BoK meeting – Commerzbank
Commerzbank’s Charlie Lay argues that elevated South Korean inflation strengthens the case for a 25bp Bank of Korea (BoK) hike to 2.75% on 16 July.
Visa breaks higher after completing A-B-C correction, wave five targets new highs
Visa has delivered a very clean and almost textbook retracement from the 2025 highs. The decline unfolded as a clear three-wave A-B-C correction, reaching the 293–300 support zone, where we were looki ...
Silver Price Forecast: XAG/USD remains stuck in a bearish channel
Silver (XAG/USD) snaps a three-day losing streak on Thursday as a mildly weaker US Dollar (USD) and a pullback in US Treasury yields lend support to the precious metal. At the time of writing, XAG/USD ...
US Dollar: Tariff passthrough keeps inflation pressure alive – BNY
BNY’s Geoff Yu reports that the New York Fed’s latest Liberty Street Economics analysis warns many United States (US) firms still plan tariff-related price increases, implying persistent inflation pre ...
Australian Dollar rises as US Dollar softens despite geopolitical tensions
AUD/USD trades around 0.6940 on Thursday at the time of writing, up 0.16% on the day, as the weaker US Dollar (USD) supports the pair despite persistent tensions in the Middle East.
PepsiCo (PEP) Q2 earnings and revenues surpass estimates
PepsiCo (PEP - Free Report) came out with quarterly earnings of $2.2 per share, beating the Zacks Consensus Estimate of $2.19 per share. This compares to earnings of $2.12 per share a year ago. These ...
Canadian Dollar: Sentiment improves as risks fade against US Dollar – Scotiabank
Scotiabank strategists Shaun Osborne and Eric Theoret note the Canadian Dollar (CAD) is flat on Thursday but modestly firmer versus the US Dollar (USD) this week, making it a mild outperformer.
British Pound elevates despite firm US claims
GBP/USD trades higher near the 1.3400 area on Thursday, as the US Dollar (USD) fails to find support from stronger-than-expected United States (US) jobless claims data and hawkish signals in the lates ...
Record: Chinese investors pull $2.22 billion from Gold ETFs in June, the highest monthly outflow ever
Chinese investors sharply trimmed their Gold ETF holdings in June, exacerbating global outflows for the month, as local investor risk appetite continued to improve amid equity market gains and a weake ...