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WTI surges above $84.50 as Strait of Hormuz standoff escalate
West Texas Intermediate (WTI) oil price appreciates after registering modest losses in the previous ...
PBOC leaves Loan Prime Rates unchanged in August
The People’s Bank of China (PBOC), China's central bank, announced to leave its Loan Prime Rates (LP...
US Treasury Department to buy back more longer-term bonds
The US Treasury Department said on Wednesday that it will buy back more of its longer-term bonds, in...
Apple stock (AAPL) Elliott Wave: Forecasting the next move
In this technical article we’re going to look at the Elliott Wave charts of Apple Stock (AAPL) published in members area of the website. As our members know, we have been calling for a pullback in t ...
US ISM Services PMI eases to 54 in June
Economic activity in the US service sector lost some momentum in June, with the ISM Services PMI easing to 54.0 from 54.5 in the previous month, matching analysts' expectations.
United States ISM Services Prices Paid down to 67.7 in June from previous 71.3
United States ISM Services Prices Paid down to 67.7 in June from previous 71.3
United States ISM Services PMI in line with expectations (54) in June
United States ISM Services PMI in line with expectations (54) in June
United States ISM Services Employment Index: 51.2 (June) vs 47.9
United States ISM Services Employment Index: 51.2 (June) vs 47.9
United States ISM Services New Orders Index fell from previous 57.3 to 55.1 in June
United States ISM Services New Orders Index fell from previous 57.3 to 55.1 in June
Canadian Dollar: Consolidation against US Dollar with limited gains – Scotiabank
Scotiabank strategists Shaun Osborne and Eric Theoret describe USD/CAD around 1.4215 as consolidating, with the Canadian Dollar retaining a soft undertone despite narrower US–Canada front-end spreads.
United States S&P Global Composite PMI registered at 51.9, below expectations (52.2) in June
United States S&P Global Composite PMI registered at 51.9, below expectations (52.2) in June
United States S&P Global Services PMI came in at 51.2, below expectations (51.4) in June
United States S&P Global Services PMI came in at 51.2, below expectations (51.4) in June
British Pound climbs to January 2008 high against Japanese Yen despite intervention risk
GBP/JPY edges higher on Monday, climbing to levels last seen in January 2008 as the Japanese Yen (JPY) remains under pressure across the board. The Yen resumed its decline after a brief pullback last ...
Australian Dollar: Testing major support with rebound risk against US Dollar – Societe Generale
Societe Generale analysts describe AUD/USD extending its pullback after breaking below the May trough around 0.7070 and retesting the 200-DMA near 0.6870/0.6830, aligned with March lows. They stress t ...
Oil: Supply normalization pressures prices – BNY
BNY’s Geoff Yu notes that OPEC+ has ratified another production quota increase, extending gradual supply normalization and adding pressure on Brent and WTI.