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Strait of Hormuz is reopening faster than expected, says Morgan Stanley as it cuts oil-price target
The Strait of Hormuz is reopening faster than expected, oil analysts at Morgan Stanley said as they ...
Italy Consumer Price Index (YoY) below expectations (3.1%) in June: Actual (3%)
Italy Consumer Price Index (YoY) below expectations (3.1%) in June: Actual (3%)...
US JOLTS Job Openings expected to show strong labor demand, endorsing Fed rate hike bets
The US Bureau of Labor Statistics will release the Job Openings and Labor Turnover Survey (JOLTS) fo...
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 ...
Oil: Hormuz disruption keeps market strained – Societe Generale
Societe Generale’s Michael Haigh and Jeremy Sellem argue that the proposed U.S–Iran ceasefire framework would only gradually restore flows through the Strait of Hormuz, keeping Oil markets tight.
Swiss Franc picks up from session lows following upbeat Swiss data releases
The Swiss Franc (CHF) holds moderate losses against the US Dollar (USD) on Monday, but has bounced up from daily lows, as Swiss Gross Domestic Product (GDP) and Retail Sales Figures pointed to a resil ...
Forex Today: Markets shrug off escalating tensions in Middle East
Here is what you need to know on Monday, June 1:
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 ...
Switzerland Gross Domestic Product (YoY) fell from previous 0.7% to 0.5% in 1Q
Switzerland Gross Domestic Product (YoY) fell from previous 0.7% to 0.5% in 1Q
Switzerland Gross Domestic Product (QoQ) came in at 0.7%, above forecasts (0.5%) in 1Q
Switzerland Gross Domestic Product (QoQ) came in at 0.7%, above forecasts (0.5%) in 1Q
Silver Price Forecast: XAG/USD rises to near $75.70 on US-Iran deal hopes
Silver price (XAG/USD) is up 0.5% to near $75.75 during the European trading session on Monday. The white metal trades higher amid hopes that the United States (US) and Iran will reach a permanent pea ...
S&P 500: Fresh records with easing stagflation fears – Deutsche Bank
Deutsche Bank analysts note that the S&P 500 has reached new record highs as stagflation fears eased on lower Oil prices and optimism over a US-Iran deal. The index gained 1.43% last week, marking a n ...
Euro flat lines near 1.1650 vs USD as ECB hike bets offset hawkish Fed and geopolitics
The EUR/USD pair struggles to capitalize on its recent recovery gains registered over the past two days, from the 1.1585 support zone, and seesaws between tepid gains/minor losses heading into the Eur ...
Canadian Dollar: Recovery doubts delay BoC hikes – Commerzbank
Commerzbank’s Michael Pfister notes that Canada’s first-quarter real Gross Domestic Product (GDP) unexpectedly contracted and the previous quarter was revised lower, undermining hopes of a 2026 recove ...