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Egypt Targets 60% Renewable Electricity by 2040
Egypt has steadily been increasing its renewable energy capacity and has even bigger plans for the c...
2 Sneaky Ways Fed Chair Kevin Warsh and the FOMC Can Raise Interest Rates Without Adjusting the Federal Funds Rate
The new Fed chair's reforms can indirectly impact interest rates....
Forget the ‘Sell America’ trade: Why U.S. markets keep proving the naysayers wrong
Foreign investors are still pouring money into U.S. assets, and the dollar remains the undisputed gl...
British Pound sits near one-month top vs weaker JPY; below 215.00 amid intervention risks
The GBP/JPY cross attracts some follow-through buyers at the start of a new week and climbs to a one-month peak during the early European session. Spot prices, however, remain below the 215.00 psychol ...
Canadian Dollar weakens on risk-off mood, dovish BoC’s tone
USD/CAD extends its gains for the second successive day, trading around 1.3810 during the early European hours on Monday. The pair appreciates as the US Dollar (USD) holds ground on increased safe-hav ...
Spain's May manufacturing PMI edges down to 51.20 from 51.70 in April
Spain HCOB Manufacturing PMI below forecasts (53.7) in May: Actual (51.2)
Spain HCOB Manufacturing PMI below forecasts (53.7) in May: Actual (51.2)
Australian Dollar softens below 0.7200 amid ongoing Middle East tensions
The AUD/USD pair loses momentum to around 0.7180 during the early European trading hours on Friday. Rising tensions in the Middle East weigh on the riskier assets such as the Australian Dollar (AUD) a ...
Euro holds losses against British Pound after Germany’s Retail Sales data
The EUR/GBP cross trades in negative territory near 0.8655 during the early European trading hours on Monday. The Euro (EUR) remains weak against the British Pound (GBP) following the upbeat German Re ...
German Retail Sales decline by 0.3% MoM in April vs. -0.4% expected
German Retail Sales, a key measure of consumer spending, declined again in April. The consumer spending measure fell 0.3% month-on-month (MoM), according to official data released by Destatis, while i ...
United Kingdom Nationwide Housing Prices s.a (MoM) registered at -0.6%, below expectations (-0.2%) in May
United Kingdom Nationwide Housing Prices s.a (MoM) registered at -0.6%, below expectations (-0.2%) in May
Goldman Sachs Sees Oil Demand Destruction Offsetting Supply Shock Risks
Demand destruction resulting from higher prices will somewhat soften the blow from physically tighter oil markets, Goldman Sachs commodity analysts said in a note. “We see significant upside price ris ...
Saudi Arabia Gold price today: Gold falls, according to FXStreet data
Gold prices fell in Saudi Arabia on Monday, according to data compiled by FXStreet.
S&P Global confirms Japan May manufacturing PMI at 54.5, down from April
Philippines Gold price today: Gold falls, according to FXStreet data
Gold prices fell in Philippines on Monday, according to data compiled by FXStreet.