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Trans Mountain Oil Pipeline Hits Full Capacity as Asian Demand Surges

The Trans Mountain pipeline has reached full capacity for the first time since its expansion was completed, boosting the pipe’s total carrying capability to 890,000 barrels daily. Indeed, this month t ...

Japanese Yen: Edges lower toward 160.75 against US Dollar – UOB

United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann keep a constructive view on USD/JPY, noting mild but persistent upward momentum. Intraday, they see scope for a test of 160.75 while capping ...

Stock index futures higher as U.S. 'completes' strikes against Iran

Oil: Prices supported by Iran conflict escalation – Danske Bank

Danske Research Team notes that Iran’s Revolutionary Guard has declared the Strait of Hormuz closed and reported attacks on vessels, while the US launched new strikes on Iranian targets. Brent crude h ...

Australian Dollar: Limited upside and bearish crosses – TD Securities

TD Securities’ Prashant Newnaha and Howard Du note the Australian Dollar (AUD) has delivered its strongest year-to-date performance in 15 years but now sees constrained upside.

Dow futures rise after reports of US military concluding Iran strikes

Dow Jones futures gain 0.61%, trading near 50,300 during the European hours on Thursday, ahead of the US regular opening. However, S&P 500 futures rise 0.67% to near 7,330, and Nasdaq 100 futures adva ...

USD/JPY Price Forecast: Hovers near previous intervention levels at around 160.50

The USD/JPY pair trades flat at around 160.50 during the European trading session on Thursday. The pair consolidates amid caution that Tokyo could intervene in forex markets to support the Japanese Ye ...

Market Rebounds With SpaceX IPO in Sight. Stock Futures Jump, Ignoring Iran Escalation.

The market looked set to rebound on Thursday as investors piled back into tech stocks, which have taken a beating in recent days due to worries about higher inflation and the looming SpaceX IPO. “We ...

Euro holds gains as traders expect ECB rate hike in June

EUR/CAD recovers its recent losses registered in the previous day, trading around 1.6110 during the early European hours on Thursday. The currency cross appreciates as the Euro (EUR) receives support ...

Anthropic partners with India's TCS to offer enterprise AI services

Euro: ECB outlook limits upside against US Dollar – Commerzbank

Commerzbank’s Michael Pfister expects the European Central Bank (ECB) to deliver its first rate hike in months, but notes this is already priced into EUR/USD. He doubts President Lagarde will pre-comm ...

AUD/USD Price Forecast: Finds support below 61.8% Fibo retracement at 0.7000

The AUD/USD pair trades 0.14% higher to near 0.7007 during the European trading session on Thursday. The Aussie pair gains as the US Dollar (USD) ticks lower after the release of the softer monthly Un ...