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Gold edges higher as Hormuz delays, US CPI keep traders cautious
Gold (XAU/USD) price edges up at the beginning of the week as the reopening of the Strait of Hormuz ...
Update: US Equity Indexes Mixed as Crude Oil, Treasury Yields Jump Amid Worsening Iran Geopolitics
(Updates with index/price moves and company news from the first paragraph.) US equity indexes wer...
BofA: Hormuz Needs 10 Times More Ships to Stabilize Oil Markets
Bank of America (BoFA) is warning that oil prices could continue climbing into the winter if the U.S...
SentinelOne tumbles as Wall Street expresses concern over layoffs, guidance
Euro remains capped below 1.1660 ahead of German inflation data
The Euro (EUR) holds moderate losses against the US Dollar (USD) on Friday, with price action trapped within the last two weeks’ trading range, below 1.1660.
Ceasefire Talks Trigger Massive Selloff in Crude Futures
July WTI crude oil suffered its largest weekly decline in months as traders aggressively removed geopolitical risk premium from the market on growing hopes that diplomacy between Washington and Tehran ...
Norway Lobbies to Persuade EU to Drop Arctic Drilling Ban
Norway, Western Europe's top oil and gas producer, has intensified lobbying at the European Union to persuade the bloc to remove or tweak its moratorium on Arctic oil and gas drilling. Norway, which i ...
Trump’s Iran Ceasefire Plan Faces Resistance From Israel Hawks
Trump is now openly using normalization with Israel as leverage in Iran negotiations, putting the 2020 Abraham Accords back in the spotlight. But today, the region doesn’t look the same as it did six ...
Oil falls, stocks hit records on U.S.-Iran ceasefire deal
Brent crude is on pace for its biggest monthly drop since March 2020 as Wall Street cheers a 60-day truce with Tehran
Church & Dwight acquires the fast-growing Miss Mouth's brand
Mission Produce officially swallows up Calavo Growers
Inflation remains primary concern, KC Fed's Schmid says
WTI Oil hits fresh one-month lows below $86.50 amid US-Iran truce extension
Crude prices trend lower for the third day in a row on Friday, with the US benchmark West Texas Intermediate (WTI) barrel trading around $86.50 at the time of writing after hitting one-month lows a fe ...
Canadian Dollar: Rate gap and USMCA risks cap Loonie – ING
ING’s Francesco Pesole notes that the Canadian Dollar remains a G10 laggard despite a pause, with short‑term rate differentials and global equities driving USD/CAD.
British Pound edges lower towards 1.3400 as BoE Bailey buys time
The British Pound (GBP) drifts lower against the US Dollar (USD) on Friday, reaching session lows at 1.3408 so far, on track for a moderate weekly decline.