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Update: Equities Rise Intraday as US, Iran Halt Hostilities Ahead of Qatar Meeting
(Updates with latest market prices and developments.) US benchmark equity indexes were higher int...
Gold price slides as easing US-Iran tensionsdent haven demand
Gold (XAU/USD) price retreats by some 1.50% on Monday as risk appetite improves following the halt o...
United States Initial Jobless Claims 4-week average increased to 209K in May 22 from previous 202.5K
United States Initial Jobless Claims 4-week average increased to 209K in May 22 from previous 202.5K
United States Durable Goods Orders above expectations (3.5%) in April: Actual (7.9%)
United States Durable Goods Orders above expectations (3.5%) in April: Actual (7.9%)
Euro: Weak EU trade and sentiment weigh against US Dollar – BNY
BNY’s Bob Savage reports that European Union (EU) exports, especially to the United States (US), have weakened sharply and sentiment indicators remain below long‑run averages, underscoring subdued Eur ...
Gold drops to fresh two-month low as markets focus on inflation risks, US PCE data
Gold (XAU/USD) falls to a fresh two-month low on Thursday as renewed attacks in the Middle East keep traders doubtful about a quick end to the US-Iran war. At the time of writing, XAU/USD is trading a ...
Pound Sterling Price News and Forecast: GBP/USD resumes decline
The GBP/USD pair trades 0.2% lower to near 1.3400 during the European trading session on Thursday. The pair is broadly under pressure due to fears of a resumption of the Middle East war after the exch ...
Mexico Jobless Rate s.a down to 2.6% in April from previous 2.8%
Mexico Jobless Rate s.a down to 2.6% in April from previous 2.8%
Mexico Jobless Rate came in at 2.5%, below expectations (2.7%) in April
Mexico Jobless Rate came in at 2.5%, below expectations (2.7%) in April
United States: Productivity-driven growth outlook – BNP Paribas
BNP Paribas argues that United States growth outperformance is being driven by strong productivity gains rather than immediate benefits from Artificial Intelligence.
ECB Accounts: Number of members would not have opposed raising rates
The accounts of the European Central Bank's April policy meeting showed on Thursday that policymakers acknowledged that upside risks to inflation and downside risks to growth have intensified.
GBP/USD Price Forecast: Resumes decline after facing selling pressure above 20-day EMA
The GBP/USD pair trades 0.2% lower to near 1.3400 during the European trading session on Thursday. The pair is broadly under pressure due to fears of a resumption of the Middle East war after the exch ...
Eurozone: Inflation shock and recovery balance – ABN AMRO
ABN AMRO notes that the new energy shock will push Eurozone inflation higher, though less severely than in 2022–23, as gas price rises are smaller and electricity has decoupled from gas.
Brent: War headlines drive sharp rebound – Deutsche Bank
Deutsche Bank’s Jim Reid and team note that Brent Oil has rebounded strongly after fresh US defensive strikes and new sanctions on Iran, which reversed yesterday’s sharp decline to a one‑month low.