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Drone Strike Sparks Blaze at Key Russian Oil and Fuel Terminal
Ust-Luga, the top Russian port for exports of oil and other commodities from the Baltic Sea, caught ...
S&P hits fresh record as cooler PPI headline slashes September rate-hike odds
Well, the S&P closed at another record high on Thursday as the algo’s celebrated a PPI headline that...
Dow Futures Slip. S&P 500 Builds on Record High.
Blue-chip stocks were on track to slip on Friday as tensions between the U.S. and Iran drove up oil ...
Silver Price Forecast: XAG/USD trades above $70.00, nine-day EMA, wedge confluence
XAG/USD extends its gains for the third consecutive day, trading around $70.30 per troy ounce during the Asian hours on Monday. The technical analysis of the daily chart shows that the spot price is b ...
Euro: ECB speakers guide expectations – ING
Chris Turner at ING says the Euro’s focus this week is on European Central Bank communication after last week’s rate hike, with markets assigning only a small probability to another move in July.
Australian Dollar: Yield spreads point to downside – BBH
Brown Brothers Harriman expects the Reserve Bank of Australia to pause at 4.35% after three consecutive hikes and to remain data-dependent.
United States Dollar: Fed hold supports Dollar – BBH
Brown Brothers Harriman’s Elias Haddad notes that the Dollar has given back some post-payroll gains as optimism over a US-Iran breakthrough weighed on Brent Oil, but the bank still expects USD to edge ...
Indonesian Rupiah gains on easing risk aversion, hawkish BI outlook
USD/IDR extends its losses for the second successive day, trading around 17,730 during the Asian hours on Monday. The pair loses ground as the US Dollar (USD) depreciates on easing risk aversion follo ...
United States Dollar Index (DXY) Price Forecast: Under pressure below 99.60
The US Dollar (USD) has opened the week on its back foot, weighed down by an improved appetite for risk, following news of a peace deal between the US and Iran.
USD/CAD Price Forecast: Softens below 1.4000 as overbought conditions spur pause in broader uptrend
The USD/CAD pair trades in negative territory around 1.3975 during the early European trading hours on Monday. The US Dollar (USD) strengthens against the Canadian Dollar (CAD) after the US and Iran a ...
Japanese Yen pares recent gains due to wide US-Japan interest rate differential
USD/JPY pares its daily gains, still remaining in the positive territory and trading around 160.10 during the Asian hours on Monday. The Japanese Yen (JPY) has found a solid foothold in the wake of th ...
Israel’s Ben Gvir: We're not bound by Iran, US deal
Israel’s National Security Minister Itamar Ben Gvir said that US President Donald Trump’s agreement does not bind us. Israel is not subordinate to the US. “We are an independent and sovereign country, ...
India’s Wholesale Price Index Inflation accelerates to 9.68% YoY in May
India’s Wholesale Price Index (WPI) Inflation data for May arrives at 9.68% Year-on-Year (YoY), higher than 9.1% estimates and the previous reading of 8.3%.
NZD/USD Price Forecast: Extends gains past 0.5850, hinting at a trend shift
The New Zealand Dollar (NZD) resumes its immediate bullish trend and appreciates against the US Dollar on Monday. The NZD/USD pair trades near 10-day highs above 0.5850 at the time of writing, fuelled ...
India WPI Inflation registered at 9.68% above expectations (9.1%) in May
India WPI Inflation registered at 9.68% above expectations (9.1%) in May