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EU Eyes 2040 Electrification Target to Slash Oil and Gas Dependence
The European Commission is set to unveil next week an electrification target for 2040 in a bid to re...
Wall Street Futures Rise as Chip Stocks Gain Despite Middle East Tensions: Dow Jones, S&P, Nasdaq
Futures Signal Higher Opening for U. S....
S&P 500: Record streak tests sustainability – Deutsche Bank
Deutsche Bank analysts highlight that the S&P 500 has just managed a ninth consecutive daily gain, taking it to fresh record highs, even with rising Oil prices. The index is close to matching or surpa ...
Spain HCOB Services PMI came in at 50.1, above forecasts (48) in May
Spain HCOB Services PMI came in at 50.1, above forecasts (48) in May
British Pound: Range trading with soft tone against US Dollar – UOB
UOB strategists Quek Ser Leang and Lee Sue Ann describe GBP/USD price action as range-bound after a brief drop to 1.3407, expecting the pair to edge lower toward 1.3430 while keeping 1.3405 as distant ...
Why Richtech Robotics (RR) Is Down 6.0% After Nasdaq Noncompliance Notice Over Delayed 10-Q Filing
In May 2026, Richtech Robotics reported receiving a Nasdaq notice that it was out of compliance with listing rules after missing the deadline for its March 31, 2026 Form 10-Q filing, triggering a form ...
Perplexity CEO: Efficiency metric will decide AI winner
Highwood Asset Management announces sale of Wilson Creek assets to Obsidian Energy for up to $112M
Oil: Gradual easing base case – OCBC
OCBC’s FX Strategists Sim Moh Siong and Christopher Wong reiterate their Fragile Oil Balance view, stating that Brent has fallen below USD100/bbl on ceasefire optimism but remains supported by elevate ...
United States Dollar Index (DXY) Price Forecast: Testing 99.40 resistance amid risk aversion
The safe-haven US Dollar (USD) is showing strength on Wednesday as tensions in the Middle East escalate, casting doubt on the fate of a stalled peace process.
OECD warns of ‘dark scenario’ if Gulf energy crisis drags on
Growth rates would tumble to levels rarely seen outside of major global events such as the Covid-19 pandemic
AUD/JPY Price Forecast: Softens below 114.50 on weaker Australian GDP, but bullish trend prevails
The AUD/JPY cross loses momentum to around 114.45 during the early European trading hours on Wednesday. Verbal intervention from Japanese authorities provides some support to the Japanese Yen (JPY) an ...
Forex Today: US Dollar stays resilient ahead of key US data
Here is what you need to know on Wednesday, June 3:
Japanese Yen: Key levels watched as BoJ speech looms – MUFG
MUFG’s Michael Wan notes that stronger US labour data have lifted US yields and supported the US Dollar (USD), complicating prospects for near-term Fed rate cuts.