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Malacca States Vow to Keep Asia’s Busiest Shipping Route Open
The three states in the Strait of Malacca, the vital shipping lane into Asia, have pledged to keep t...
Euro stands above 1.1650, supported by upbeat German macroeconomic data
The Euro (EUR) remains practically flat against the US Dollar (USD) on Tuesday, trading above 1.165...
Forex trading USD/CAD on trade talks, AUD inflation in focus – NVIDIA earnings next [Video]
In our last video, we looked at how a desperate move by the US Treasury to buy more long-dated US bo...
Dow Jones Futures Fall Techs Rise After Tesla, Sandisk, AI Stocks Dive; Apple, Robinhood Flash Buy Signals
The stock market had strong weekly gains, but it didn't feel that way with Sandisk and other AI plays selling off Thursday.
Could The S&P 500 Gain 30% This Year?
The first half of the year saw strong gains across the major indices despite heavy volatility. Kevin believes the second half could be even stronger. Find out how AI, earnings growth, and small-cap st ...
India Denies Directly Exporting Fuel to Russia, But Admits Traders May Be
Indian refiners are not directly exporting any refined petroleum products to fuel-starved Russia, although some supplies from traders are likely reaching Russia, India’s Oil Minister, Hardeep Singh Pu ...
Australian Dollar capitalizes on risk-on mood, improving hawkish RBA bets
The Australian Dollar (AUD) is up against its major currency pairs, trading 0.23% higher to near 0.6940 against the US Dollar (USD) during the European trading session on Friday. The Aussie pair gains ...
What drove the Japanese Yen surge from 162.60 to 160.60 in a single session?
The Japanese Yen (JPY) has staged a sharp recovery against the US Dollar, surging from a 40-year low at around 162.50 down to the 160-61 handle.
SK Hynix Stock, Samsung Surge as Memory Frenzy Drives KOSPI Rebound
It followed a brutal tech rout in the previous session, which mimicked the chip-stocks selloff in U.S. markets where the tech-heavy finished 0.8% lower to end a holiday-shortened week. Trading was h ...
Tech Stocks Deliver Boost to Global Markets as Rate-Hike Worries Fade
Technology stocks were rising in international markets after U.S. jobs data reduced expectations of a hike to interest rates.
Euro: Rallies seen tiring below 1.16 against US Dollar – ING
ING’s Francesco Pesole highlights that EUR/USD price action after the US jobs report underlines the lack of a strong bullish narrative for the Euro, as markets doubt further ECB hikes. Softer inflatio ...
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Friday, according to FXStreet data. Silver trades at $62.60 per troy ounce, up 2.72% from the $60.94 it cost on Thursday.
U.S. holiday pause, softer Fed expectations and Asia rebound shape global markets: Dow Jones, S&P, Nasdaq, Wall Street Futures
U. S. financial markets will remain closed on Friday for the Independence Day holiday, but futures pointed to a stronger Wall Street open when trading resumes.
BoE DMP: Businesses’ year-ahead expected own-price inflation rises to 4.1% in June
A report from the Bank of England (BoE) decision maker panel (DMP) has shown that businesses’ year-ahead expected own-price inflation was 4.1% in the three months to June, 0.1% point higher than firms ...
Australian Dollar: Consolidation within broader band against US Dollar – UOB
UOB’s Quek Ser Leang notes that AUD/USD’s abrupt jump to 0.6943 was not sustained, leaving the pair likely to consolidate between 0.6895 and 0.6945 in the near term.