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Germany’s Retail Sales climb by 1.8% MoM in May vs. 0% expected
German Retail Sales, a key measure of consumer spending, showed a surprise upside in May. The consum...
Japanese Yen muted amid steady US PCE data
The USD/JPY pair trades in a muted fashion toward the 159.20 region on Friday as the United States Dollar (USD) finds support following the latest inflation data, while the Japanese Yen (JPY) remains ...
Dow Jones Industrial Average buys the Iran deal Trump described, not the one being negotiated
The Dow Jones Industrial Average (DJIA) punched out a fresh intraday record near 51,050 with the bid traceable to a Truth Social post in which President Donald Trump declared he would be in the Situat ...
Silver Price Forecast: XAG/USD struggles for direction despite US-Iran deal hopes, softer US Dollar
Silver (XAG/USD) trades flat on Friday, failing to capitalize on improving market sentiment surrounding a potential US-Iran peace deal even as the US Dollar (USD) slides to a two-week low. At the time ...
Iran rejects Trump’s Hormuz deal claims as talks near end – Fars
According to Fars news agency, the US and Iran are in the final stages of an agreement, though a final decision hasn’t been made.
US stocks head for strong monthly gain as oil sees monthly drop
"French and German CPI came in lower-than-expected but inflation across Europe remains well above the ECB's target ", says Axel Rudolph, Chief Technical Analyst at investing and trading platform IG.
Euro rises as US-Iran deal hopes sink USD, Oil
The EUR/USD edges up by 0.12% as the Greenback drops amid hostilities in the Middle East, while a US-Iran deal is pending approval by the White House and senior Iranian officials. At the time of writi ...
Canadian Dollar recovers as softer US Dollar offsets pressure from weak GDP data
USD/CAD reverses its intraday gains on Friday as a softer US Dollar (USD) helps the Canadian Dollar (CAD) recover from weakness driven by softer-than-expected Gross Domestic Product (GDP) figures.
Breaking: US President Trump says naval blockade will be lifted
In a post published on Truth Social on Friday, United States (US) President Donald Trump said that the naval blockade will be lifted and ships caught in the Strait of Hormuz may start the process of " ...
Colombia National Jobless Rate meets forecasts (8.8%) in April
Colombia National Jobless Rate meets forecasts (8.8%) in April
Australian Dollar climbs as improving US-Iran ceasefire hopes pressure US Dollar
The AUD/USD pair advances toward the 0.7180 region on Friday as the United States (US) Dollar (USD) remains under pressure amid improving market sentiment linked to renewed hopes for a longer-lasting ...
Stratospheric valuation expected for SpaceX IPO
As IPOs go you couldn’t get a more exciting one than the prospect of a company that sends rockets into orbit, and then is able to land the boosters back on the ground to be reused again.
"Progress on lowering inflation has stalled": Fed's Bowman takes aim at Iran war
Federal Reserve (Fed) Governor Michelle Bowman said progress on lowering inflation has stalled while discussing the economic outlook and monetary policy in a speech at a conference in Iceland on Frida ...