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Gold price slides as easing US-Iran tensionsdent haven demand
Gold (XAU/USD) price retreats by some 1.50% on Monday as risk appetite improves following the halt o...
Update: US Equity Indexes Rise as Communication Services Tops Sector Charts, Trump Sends Envoys to Qatar for Iran Talks
(Updates with index/price moves, macroeconomic data, and company/geopolitical news from the first pa...
Supreme Court protects the Federal Reserve, but what about everybody else?
While the central bank’s independence was upheld, other agencies were not so lucky...
China’s Retail Sales miss expectations in May: What -0.6% means for the Australian Dollar
China’s Retail Sales fell 0.6% year-over-year (YoY) in May vs. 0% expected and 0.2% in April, the latest data released by the National Bureau of Statistics (NBS) showed Tuesday.
China Fixed Asset Investment (YTD) (YoY) registered at -4.1%, below expectations (-2%) in May
China Fixed Asset Investment (YTD) (YoY) registered at -4.1%, below expectations (-2%) in May
China Industrial Production (YoY) came in at 4.5%, above expectations (4.3%) in May
China Industrial Production (YoY) came in at 4.5%, above expectations (4.3%) in May
China Retail Sales (YoY) came in at -0.6%, below expectations (0%) in May
China Retail Sales (YoY) came in at -0.6%, below expectations (0%) in May
China House Price Index remains unchanged at -3.5% in May
China House Price Index remains unchanged at -3.5% in May
PBOC sets USD/CNY reference rate at 6.8108 vs. 6.8088 previous
On Tuesday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.8108 compared to the previous day's fix of 6.8088 and 6.7605 Reuters estimate.
Japanese Yen drifts higher ahead of BoJ rate decision
The USD/JPY pair declines to around 160.15 during the Asian trading hours on Tuesday. The Japanese Yen (JPY) strengthens against the US Dollar (USD) following a deal to reopen the Strait of Hormuz. Al ...
WTI hovers around $80.00 as traders await developments on US-Iran peace talks
West Texas Intermediate (WTI) oil price inches higher after registering 3.7% losses in the previous day, trading around $80.10 per barrel during the Asian hours on Tuesday.
US President Donald Trump declares Iran ‘has agreed to never have a nuclear weapon’
US President Donald Trump said that Iran agreed not to ever have a nuclear weapon, the Guardian reported on Tuesday.
Japan’s Kiuchi: No comment on market expectations of BoJ rate hike
Japan's Economy Minister, Minoru Kiuchi, said on Tuesday that he will participate in today's Bank of Japan (BoJ) meeting. Kiuchi added that he strongly hopes the central bank communicates and collabor ...
Euro edges higher to near 1.1600 on US-Iran Strait of Hormuz deal
The EUR/USD pair trades in positive territory around 1.1590 during the early Asian session on Tuesday. A deal to reopen the Strait of Hormuz spurred a rally in riskier assets such as the Euro (EUR) ag ...
Gold holds gains as US-Iran deal reduces Fed hike expectations
Gold price (XAU/USD) trades with mild gains during the early Asian session on Tuesday. The precious metal extends the rally after the United States (US) and Iran reached a comprehensive framework deal ...