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US Dollar: Inflation data supports gains – UOB
UOB Global Economics & Markets Research notes that US PCE inflation for July slightly exceeded expec...
Another Tanker Struck as Hormuz Shipping Crisis Deepens
Yet another tanker has been struck by a projectile in the Strait of Hormuz, the UK Maritime Trade Op...
WTI falls below $81.00 as Iran-Oman talks fuel hopes of Hormuz reopening
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $80.90 during the early...
US yields are rising, so why is the Dollar falling
Markets are sending a signal that deserves more attention than another daily move in equities.
Germany HCOB Composite PMI below forecasts (51.3) in August: Actual (51)
Germany HCOB Services PMI below expectations (50.1) in August: Actual (48.5)
France private sector contracts in August as services activity weakens
France HCOB Services PMI registered at 48.4, below expectations (49.8) in August
France HCOB Composite PMI came in at 48.8 below forecasts (49.5) in August
Euro holds gains against British Pound after weaker UK Retail Sales data
The EUR/GBP cross posts modest gains to around 0.8570 during the early European session on Friday. The British Pound (GBP) edges slightly lower against the Euro (EUR) following disappointing UK econom ...
United States Dollar Index remains below 99.00 as 10-year US yield steadies
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is holding losses after registering minor gains in the previous day and trading around 98.80 du ...
Australia’s Beetaloo Shale Basin Is About to Start Pumping Gas
First gas from Australia’s Beetaloo shale basin is scheduled to start flowing next month, with initial production of 37 million cu m, Reuters has reported, noting hopes that the country could replicat ...
Equities: Mixed recovery after US selloff – Deutsche Bank
Deutsche Bank strategists note that United States (US) equities fell sharply as earlier gains in fixed income reversed, with losses across the S&P 500, Nasdaq and Magnificent Seven. Weak Walmart earni ...
Forex Today: US Dollar stays near multi-month lows ahead of key PMI data
Here is what you need to know on Friday, August 21:
US Dollar: Treasury twist signals structural risks – Commerzbank
Commerzbank’s Volkmar Baur notes the US Dollar remains under pressure as EUR/USD trades around 1.17 following the US Treasury’s expansion of its Liquidity Support Buyback Operations.