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US Crude Oil Inventories See Surprise Build: API
The American Petroleum Institute (API) estimated that crude oil inventories in the United States ros...
Tech Stocks Slide Again Ahead of Key Inflation Reports
Technology stocks slipped again on Tuesday, as markets continued to trade sideways in the lead up to...
Update: US Equity Indexes Fall as Communication Services Sector Slides, Crude Oil Extends Gains
(Updates with index/price moves and geopolitical news from the first paragraph.) US equity indexe...
Gold rebounds to near $4,050 on softer Fed stance, US NFP data in focus
Gold price (XAU/USD) gains momentum to around $4,045 during the early Asian session on Thursday. The precious metal recovers from near seven-month low as traders assess fresh remarks from Federal Rese ...
South Korea Consumer Price Index Growth (MoM) meets forecasts (0.1%) in June
South Korea Consumer Price Index Growth (MoM) meets forecasts (0.1%) in June
South Korea Consumer Price Index Growth (YoY) meets forecasts (3.2%) in June
South Korea Consumer Price Index Growth (YoY) meets forecasts (3.2%) in June
GBP/JPY Price Forecast: Breaks range, bulls eye 216 as RSI is bullish
The Pound Sterling rises against the Japanese Yen, up 0.17% on Wednesday, despite Japanese authorities' threats to intervene in the foreign exchange markets to propel the Yen. At the time of writing, ...
Silver Price Forecast: XAG trades sideways below $60 as RSI bounce eyes breakout
Silver (XAG/USD) price extended its gains for the second consecutive day on Wednesday, up by over 1.25%, yet it remains below the $60.00 figure, consolidating near the year’s low.
Banxico Survey: Private economists expect lower inflation in Mexico
On Wednesday, the Bank of Mexico (Banxico) reported that private analysts reduced their inflation expectations for the end of 2026 and updated estimates for economic growth, the exchange rate and the ...
South Korean Won: Rangebound against US Dollar – Societe Generale
Societe Generale analysts observe that USD/KRW stalled after meeting interim resistance around 1561 in June and now looks set to trade within a range. They see limited evidence of a large decline, wit ...
Mexican Peso tumbles as USMCA shocks hit the Peso
The Mexican Peso loses ground versus the Greenback on Wednesday amid growing speculation for a cancellation of the USMCA free trade signed in 2020, alongside overall US Dollar strength. At the time of ...
China: PMIs temper easing expectations – MUFG
Michael Wan at MUFG reports that China’s manufacturing and non-manufacturing PMI data surprised on the upside, easing fears of imminent policy easing.
Singapore Dollar: Range-bound trade signals consolidation against US Dollar – UOB
UOB’s Quek Ser Leang notes USD/SGD is consolidating after Monday’s dip, with intraday momentum flat and the pair expected to hold a narrow 1.2925–1.2955 band. On a 1–3 week horizon, the bank keeps a n ...
Gold surges amid mixed US data and Fed’s Warsh remarks
Gold (XAU/USD) price advances nearly 2% on Wednesday amid a strong US Dollar and high US Treasury yields, as US economic data was mixed and the Federal Reserve (Fed) Chair Kevin Warsh reiterated the c ...
Pound Sterling Price News and Forecast: GBP/USD climbs on soft US data despite Warsh’s hawkish tilt
The Pound Sterling (GBP) registers a 0.14% gain on Wednesday amid broad US Dollar (USD) strength and comments by the Federal Reserve (Fed) Chair Kevin Warsh, who reiterated that the central bank would ...