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Dow Jones Futures: Stock Market Sends Mixed Signals; Micron Flies While Apple Dives
The Nasdaq reversed lower again while the Dow came off record highs. Micron soared but Apple led oth...
US Equity Markets Mixed After Micron Technology's Results, Surge in Annual Inflation Rate
US equity indexes were mixed on Thursday after Micron Technology's (MU) better-than-expected quarter...
Forex Today: US Dollar gathers strength as Fed rate hike bets grow, Canadian CPI data looms
Here is what you need to know on Tuesday, May 19:
Asian FX: Breather as Oil and yields ease – OCBC
OCBC’s FX Strategist Christopher Wong highlights that Asian FX has seen a modest stabilisation after an oil- and rates-led sell-off, helped by softer Brent and a pause in United States (US) yield gain ...
USD/CAD Price Forecast: Trades firmly near 50% Fibo retracement at 1.3760, Canada CPI data awaited
The USD/CAD pair trades marginally higher to near 1.3750 during the European trading session on Tuesday.
Equities: Iran risk drives sectors – Danske Bank
Danske Research Team observes that equities moved lower on US tech underperformance and a defensive rotation, though most sectors ended higher and VIX declined.
US Dollar: Market weighs escalation risks and Fed path – Commerzbank
Commerzbank’s Antje Praefcke notes that rising Oil prices linked to renewed Middle East tensions are lifting US inflation and pushing back expectations for Fed rate cuts, with markets even contemplati ...
British Pound nears the 1.3400 area after higher UK unemployment figures
The British Pound (GBP) drifts further from Monday’s highs near 1.3450 against the US Dollar (USD) on Tuesday, reaching session lows a few pips above 1.3400 at the time of writing.
Iran's Gharibabadi: Lifting sanctions, release of frozen funds include in new proposal
According to the Islamic Republic News Agency (IRNA), Iran's deputy Foreign Minister Kazem Gharibabadi said on Tuesday that lifting sanctions, releasing frozen funds, and ending the United States (US) ...
British Pound stays on the back foot against Euro after mixed UK employment details
The EUR/GBP cross attracts some dip-buyers on Tuesday, stalling the previous day's sharp retracement slide from the 0.8730 area, or the highest since April 7.
Euro: Downtrend versus US Dollar intact with key 1.1600 level – UOB
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann report EUR/USD has rebounded from 1.1607 but expects further gains to face strong resistance at 1.1685 in the near term.
NVIDIA earnings loom: A closer look at expectations
The Q1 earnings cycle continues to roll along, with this week’s reporting docket highlighted by none other than AI favorite NVIDIA (NVDA). The release will wrap up the reporting cycle for the broader ...
United Kingdom Claimant Count Rate unchanged at 4.4% in April
United Kingdom Claimant Count Rate unchanged at 4.4% in April
United Kingdom Unemployment Rate rises to 5.0% in March vs. 4.9% expected
The United Kingdom’s (UK) ILO Unemployment Rate climbed to 5.0% in the three months to March after reporting 4.9% in the previous reading, data published by the Office for National Statistics (ONS) sh ...