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Oil Traders Stay Bearish Despite Deepening Middle East Disruptions
Despite continued hostilities in the Middle East and an expansion of the war to the Red Sea, oil tra...
EU Locks In Plan To Triple Energy Storage Capacity By 2030
Europe desperately needs an energy storage revolution. As the region gets rocked by the third energy...
S&P closes at record high as soft jobs report eases rate-hike concerns
STORY: U.S. stocks rallied on Friday, with the Dow gaining more than a quarter of a percent, the S&P...
United States Continuing Jobless Claims came in at 1.777M below forecasts (1.78M) in May 22
United States Continuing Jobless Claims came in at 1.777M below forecasts (1.78M) in May 22
Gold advances as US-Iran deal hopes improve following Israel-Lebanon ceasefire
Gold (XAU/USD) climbs modestly as the US Dollar (USD) weakens in the wake of a ceasefire between Israel and Lebanon brokered by the United States. At the time of writing, XAU/USD is trading around $4, ...
Gold Price Forecast: XAU/USD approaches $4.500 amid US Dollar’s weakness
Gold (XAU/USD) trades higher on Thursday and has reached session highs above $4,490, after bouncing from $4,425 lows earlier on the day.
Oil: Inventory draws heighten upside risk – ING
ING analysts Warren Patterson and Ewa Manthey note that Oil prices remain closely linked to Middle East developments, with flows through the Strait of Hormuz still disrupted.
Eurozone Retail Sales contract more-than-expected: What weak Retail Sales mean for EUR/USD
The Eurozone Retail Sales data for April declines at a faster pace of 0.4% in April, compared to the 0.3% contraction expected. In March, the Retail Sales data, a key measure of consumer spending, ros ...
Ireland Gross Domestic Product (YoY) registered at -17.1%, below expectations (-6%) in 1Q
Ireland Gross Domestic Product (YoY) registered at -17.1%, below expectations (-6%) in 1Q
Ireland Gross Domestic Product (QoQ) below forecasts (-2%) in 1Q: Actual (-12.1%)
Ireland Gross Domestic Product (QoQ) below forecasts (-2%) in 1Q: Actual (-12.1%)
Dow Jones futures rise as traders weigh Middle East optimism over weak tech
Dow Jones futures advance 0.22% above 50,900, while S&P 500 futures fall 0.28% to near 7,550. And Nasdaq 100 futures plunge 0.5%, trading near 30,480 during the European hours on Thursday, ahead of th ...
Eurozone Retail Sales (MoM) registered at -0.4%, below expectations (-0.3%) in April
Eurozone Retail Sales (MoM) registered at -0.4%, below expectations (-0.3%) in April
Copper: Pullback on macro and tariff risks – ING
ING's Commodities Strategists Warren Patterson and Ewa Manthey report that Copper prices fell back below $14,000/t after a recent rally, as rising US–Iran tensions and macro concerns weighed on demand ...
NZD/USD Price Forecast: Falls to near 0.5850 after slipping below moving averages
NZD/USD extends its losses for the fourth successive day, trading around 0.5860 during the European hours on Thursday. The technical analysis of the daily chart shows the spot price moving sideways wi ...
Silver Price Forecasts: XAG/USD struggles below $74 amid geopolitical woes
Silver (XAG/USD) ticks higher on Thursday, but maintains its bearish near-term tone intact, with upside attempts capped below the $74.00 area, and on track for a four-week decline.