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Update: S&P 500 Hits Record High as Jobs Report Eases Rate Hike Bets
(Updates with market moves at the end of the day, and any other changes, if any.) The S&P 500 hit...
US Equity Indexes Rise This Week as Technology Mega-Caps Advance, Hormuz Reopening Deal in Works
US equity indexes jumped this week amid gains in technology heavyweights and growing expectations of...
Euro weakens below 1.1650 as Trump yet to comment on 60-day truce extension plan
The EUR/USD pair loses momentum to around 1.1635 during the early European trading hours on Friday. Mixed signals surrounding the US-Iran peace deal remain the primary driver of volatility. Traders wi ...
WTI Price Forecast: Struggles near one-month low, vulnerable around $87.00/below 50% Fibo.
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – trades with a negative bias for the third straight day on Friday and trades around the $87.00 mark during the Asian session, close to ...
AUD/JPY Price Forecast: Declines to near 114.00, while maintaining bullish technical bias
The AUD/JPY cross trades in negative territory near 114.00 during the early European session on Friday. Annual core Consumer Price Index (CPI) inflation in Tokyo stayed below the Bank of Japan's (BoJ) ...
Swiss Franc declines as market caution lifts USD
USD/CHF edges higher after registering modest losses in the previous day, trading around 0.7840 during the Asian hours on Friday. The pair caught in a tug-of-war between lingering geopolitical risks i ...
WTI falls to near $87.00 on potential US-Iran ceasefire extension
West Texas Intermediate (WTI) oil price extends its losses for the third successive day, trading around $87.20 per barrel during the Asian hours on Friday.
Japan Industrial Production (YoY) declined to 2.3% in April from previous 2.4%
Japan Industrial Production (YoY) declined to 2.3% in April from previous 2.4%
Japan Unemployment Rate registered at 2.5%, below expectations (2.7%) in April
Japan Unemployment Rate registered at 2.5%, below expectations (2.7%) in April
Japan Tokyo CPI ex Fresh Food (YoY) came in at 1.3%, below expectations (1.5%) in May
Japan Tokyo CPI ex Fresh Food (YoY) came in at 1.3%, below expectations (1.5%) in May
South Korea Industrial Output (YoY) down to 1.5% in April from previous 3.6%
South Korea Industrial Output (YoY) down to 1.5% in April from previous 3.6%
Gold rebounds from two-month lows as Iran deal hopes weaken USD
Gold (XAU/USD) stages a comeback, surging over 1.20% on Thursday after rebounding from two-month lows near $4,366, as market sentiment improves on speculation of a peace deal between the US and Iran. ...
China: Trade resilience with rising risks – ABN AMRO
ABN AMRO notes that China benefits from solid foreign trade linked to the global tech and AI boom, but is still affected by the Iran conflict. April data show broad weakening, with sharply higher prod ...
Forex Today: German flash CPI and… the end of the US-Iran war?
The Greenback resumed its decline on Thursday, coming under sudden selling pressure in the wake of news citing the US and Iran have clinched a deal that could eventually end the conflict in the Middle ...