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Saudis Turn to Russian Fuel Oil as Iran War Saps Fossil Power Supplies
Saudi Arabia continues to snap up high volumes of Russia’s fuel oil as the Hormuz crisis has forced ...
Stock Market Today: Dow Up, Big Tech Falls Amid These Rate Hike Calls; This AI Stock Tests Entry (Live Coverage)
The Dow Jones index rises as Treasury Secretary Scott Bessent makes an Iran move. Microsoft falls on...
US Dollar: Stronger on hot inflation and yields – MUFG
MUFG’s Michael Wan describes how a stronger US Dollar environment emerged as United States (US) April Consumer Price Index (CPI) surprised to the upside and US yields climbed.
GBP/USD Price Forecast: Holds modest upside while staying anchored above 100-day EMA support
The GBP/USD pair trades on a positive note around 1.3550 during the early European trading hours on Wednesday.
Equities: Defensive sectors outperform as chips retreat – Danske Bank
Danske Research Team notes global equities slipped modestly, with the S&P500, Nasdaq and Russell2000 all lower. Semi-conductors in the S&P500 underperformed after a strong prior run, while defensive s ...
Indian Rupee: Higher Oil prices keep pressure – Commerzbank
Commerzbank strategists note that USD/INR climbed to a new record high as elevated global Oil prices and firm domestic Dollar demand from importers weigh on the Indian currency.
Silver Price Forecast: XAG/USD holds onto gains around $87, ignoring hawkish Fed bets
Silver price (XAG/USD) trades firmly near $87.00 in the early European trade on Wednesday. Earlier in the day, the white metal posted a fresh two-month high of $87.82.
Indian Rupee ticks up as centre hikes import duty on Gold and Silver to 15%
The Indian Rupee (INR) exhibits mild strength against the US Dollar (USD) in the opening session on Wednesday. The USD/INR pair trades mildly lower to near 95.60 as the Indian Rupee gains, following t ...
Chinese-US leaders hold talks in Seoul ahead of high-profile leaders’ summit
Ahead of US President Donald Trump’s state visit to China, US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng will hold economic and trade negotiations in South Korea on Wednesday, ...
AUD/JPY Price Forecast: Holds steady above 114.00, bullish trend stays intact above key support
The AUD/JPY cross holds steady near 114.10 during the early European session on Wednesday. Traders prefer to wait on the sidelines ahead of the meeting between US President Donald Trump and Chinese Pr ...
US Dollar Index remains flat after Trump’s recent Iran threats
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is remaining steady after two days of gains and trading around 98.30 during the Asian hours on ...
RBNZ Survey: NZ two-year inflation expectations rise to 2.53% QoQ in Q2 2026
New Zealand's (NZ) inflation expectations rose on a 12-month time frame and on a two-year time frame for the second quarter of 2026, the Reserve Bank of New Zealand’s (RBNZ) latest monetary conditions ...
South Korea Money Supply Growth fell from previous 8% to 7.2% in March
South Korea Money Supply Growth fell from previous 8% to 7.2% in March
Japanese Yen remains subdued despite hawkish tone surrounding BoJ’s policy outlook
USD/JPY extends its gains for the third successive day, trading around 157.70 during the Asian hours on Wednesday.