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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...
US Dollar Index Price Forecast: Retreats toward two-month lows near 97.50
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is extending its losses for the second successive day, trading around 97.90 during the European ...
Singapore Foreign Reserves (MoM) climbed from previous 419.2B to 427.3B in April
Singapore Foreign Reserves (MoM) climbed from previous 419.2B to 427.3B in April
Forex Today: US Dollar retreats on US-Iran peace hopes
Here is what you need to know on Thursday, May 7:
France 10-y Bond Auction fell from previous 3.73% to 3.61%
France 10-y Bond Auction fell from previous 3.73% to 3.61%
Eurozone Retail Sales (MoM) came in at -0.1%, above expectations (-0.3%) in March
Eurozone Retail Sales (MoM) came in at -0.1%, above expectations (-0.3%) in March
Eurozone Retail Sales (YoY) above expectations (1%) in March: Actual (1.2%)
Eurozone Retail Sales (YoY) above expectations (1%) in March: Actual (1.2%)
Oil Crunch Prompts Plastics Crisis in Asia
Asia is facing plastics shortages because of the oil and gas supply crunch caused by the war in the Middle East, with medical supplies, packaging, and consumer products most vulnerable to a shock, the ...
Comedian Pete Davidson lowers price of his Westchester home to $2.15 million
“Saturday Night Live” alum Pete Davidson has decreased the asking price of his upstate New York home as he attempts to move to Staten Island.
Two funds run by Blue Owl are cutting their dividend — and one sold half its SpaceX stake before IPO
Two funds that invest in private credit run by Blue Owl Capital said they’re cutting dividends in the latest sign of stress to hit the sector.
USD: Softer tone as Fed seen delaying cuts – MUFG
MUFG’s Lloyd Chan notes the US Dollar (USD) has softened as US Dollar Index (DXY) retests support and US yields fall, while equities hit new highs. Recent US data show stronger ADP employment but worr ...
WTI Oil dips to levels approaching $90.00 amid Hormuz opening rumours
Crude Oil prices extend losses for the third consecutive day on Thursday, with the US benchmark West Texas Intermediate (WTI) trading at $90.66 at the time of writing, as progress in the US-Iran peace ...
The Stock Market Faces Serious Problems in President Trump's Economy. History Says This Could Happen Next.
Investors seem to be overlooking serious threats to the U.S. economy related to the Iran war and tariffs.