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Update: Strong Gains in Communication Services, Consumer Discretionary Lift US Equity Indexes; Crude Oil Heads Higher
(Updates with index/price moves and geopolitical news from the first paragraph.) US equity indexe...
Semiconductor stocks are surging while the ‘Magnificent Seven’ is struggling. This divergence of fortunes could be bad news for the market.
Semiconductor stocks have surged more than 80% this year, riding a wave of AI demand from the “Magni...
ADNOC, Eni Acquire Stakes In Gas Blocks Linked To Argentina’s LNG Project
Abu Dhabi’s XRG, the international investment arm of the Abu Dhabi National Oil Company (ADNOC), and...
Australia Company Gross Operating Profits (QoQ) below expectations (0.5%) in 1Q: Actual (-1.3%)
Australia Company Gross Operating Profits (QoQ) below expectations (0.5%) in 1Q: Actual (-1.3%)
Australia Building Permits (MoM) below forecasts (-1.5%) in April: Actual (-3.4%)
Australia Building Permits (MoM) below forecasts (-1.5%) in April: Actual (-3.4%)
Dow, S&P 500, Nasdaq Futures Slip After Record Rally As US-Iran War Confusion Eclipses AI Gains: TSLA, BB, META, HPE, NVDA Stocks In Focus
U.S. President Donald Trump said on Monday in a post on Truth Social that “Talks are continuing, at a rapid pace, with the Islamic Republic of Iran,” although media reports indicate that Iran has hit ...
Canadian Dollar weakens as oil prices ease
USD/CAD extends its gains for the third successive day, trading around 1.3840 during the Asian hours on Tuesday. The pair appreciates as the commodity-linked Canadian Dollar (CAD) struggles on lower o ...
PBOC sets USD/CNY reference rate at 6.8187 vs. 6.8167 previous
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Tuesday at 6.8187 compared to the previous day's fix of 6.8167 and 6.7720 Reuters estimate.
HPE outlines fiscal 2027 framework with at least $4.5B free cash flow
Short seller Andrew Left found guilty of securities fraud
Case could have significant implications for investors publishing commentary on stocks
Why AMD Stock Soared 46% in May
AMD stock is on fire. Its huge May gain follows a 74% surge in April.
RBA’s Harper: Inflation persistence remains a significant issue
Reserve Bank of Australia (RBA) board member Ian Harper said on Tuesday that inflation persistence remains a significant issue. Harper added that market indicators of inflation expectations rise, caus ...
Japan’s Katayama: Volatility in oil markets persists, ready to take suitable measures
Japan’s Finance Minister Satsuki Katayama said on Tuesday that the volatility in oil markets persists and the authorities are ready to take suitable measures. Katayama declines to comment on currency ...
Japanese Yen hangs near one-month low vs USD; bears turn cautious amid intervention fears
The USD/JPY pair enters a bullish consolidation phase during the Asian session on Tuesday and trades around the 159.70 area, or over a one-month high touched the previous day.
WTI inches lower to near $90.50 despite renewed supply concerns
West Texas Intermediate (WTI) oil price edges lower after registering a 4.71% gain in the previous day, trading around $90.60 per barrel during the Asian hours on Tuesday.