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British Pound holds near 1.3500 as CPI relief meets Hormuz risk
The Pound Sterling holds firm within familiar levels after the US inflation report was aligned with ...
Update: US Equity Indexes Mixed After Annual Inflation Eases, Iran Geopolitics Worsens
(Updates with index/price moves, macroeconomic data and geopolitical news from the first paragraph.)...
Post-inflation relief supports risk appetite
In-line inflation figures have kept stocks on an even keel and given gold a boost, says Chris Beauch...
Gold is in a bear market for the first time since 2022. How it got here.
It’s been 91 days since gold hit its recent peak — making for the quickest entry into a bear market since 2008.
Nasdaq Drops in Market Rotation. Small Caps Are Faring Better.
A sideways selloff continued in early afternoon trading on Wednesday, but small-caps were holding their ground. The Nasdaq Composite was down 1.6% after falling about 1.7% at its low. The index was up ...
Salesforce shares fall for seven consecutive sessions
“More than 100 million barrels of Oil moved through Strait of Hormuz”: US President Trump briefs on Hormuz
United States (US) President Donald Trump said on Tuesday that a secret US military operation helped secure commercial shipping through the Strait of Hormuz, allowing more than 100 million barrels of ...
Update: Equities Fall Intraday as US-Iran Tensions Re-Escalate, Traders Parse Inflation Report
(Updates with latest market prices and developments.) US benchmark equity indexes were lower intr
United States Monthly Budget Statement came in at $-293B, below expectations ($-275B) in May
United States Monthly Budget Statement came in at $-293B, below expectations ($-275B) in May
CrowdStrike poised to snap six straight sessions of losses
Oil tankers increase ‘dark’ transits through Strait of Hormuz
Risky trips under US air cover help to cushion crude prices below $100 a barrel
Exchange-Traded Funds Decline as US Equities Fall After Midday
Broad Market Indicators Broad-market exchange-traded funds IWM and IVV were lower. Actively tr
China Unveils Nuclear-Powered Floating Hub for Zero-Emission Shipping
China has proposed a large offshore logistics platform powered by nuclear energy that would function as both a cargo transfer hub and a refuelling/charging centre for ships, according to the South Chi ...
Amazon lines up another $17.5 billion for AI as its debt pile grows further
The tech giant has now raised over $80 billion in external financing this year alone, with no signs of slowing down.
Dow Jones Industrial Average finds out the ceasefire was load-bearing
The Dow Jones Industrial Average (DJIA) fell about 1.2% on Wednesday, a near 600-point slide that settled just under 50,250 after tagging session lows around 50,150.