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How Gulf Oil Is Escaping the Strait of Hormuz
Gulf oil producers are finding new ways around the Strait of Hormuz, but bypassing the world’s bigge...
British Pound steadies as weak US data counters Iran risk
The Pound Sterling steadies on Tuesday as geopolitical tensions rise in the Middle East, while housi...
Jeff Currie: Forget $91 Brent, The Real Crisis Is $170 Diesel
Brent at $90.94 looks almost civilized. Jeff Currie thinks that is exactly the problem: everyone is ...
United States Dollar Index holds above 101.00 amid Fed rate hike bets, NFP in focus
The US Dollar Index (DXY) holds firm on Wednesday as traders digest weaker-than-expected US economic data and remarks from Federal Reserve (Fed) Chair Kevin Warsh.
Gold surges amid mixed US data and Fed’s Warsh remarks
Gold (XAU/USD) price advances nearly 2% on Wednesday amid a strong US Dollar and high US Treasury yields, as US economic data was mixed and the Federal Reserve (Fed) Chair Kevin Warsh reiterated the c ...
Japanese Yen steadies near 40-year low amid mixed US data
The USD/JPY pair trades without a clear direction near 162.50 on Wednesday as investors digest mixed United States (US) economic data and persistent pressure on the Japanese Yen (JPY).
Pound Sterling Price News and Forecast: GBP/USD climbs on soft US data despite Warsh’s hawkish tilt
The Pound Sterling (GBP) registers a 0.14% gain on Wednesday amid broad US Dollar (USD) strength and comments by the Federal Reserve (Fed) Chair Kevin Warsh, who reiterated that the central bank would ...
WTI extends losses as recovering Hormuz flows, OPEC+ supply outlook weigh
West Texas Intermediate (WTI) crude Oil remains under pressure on Wednesday as improving crude flows through the Strait of Hormuz push prices back to levels seen before the US-Iran war, overshadowing ...
Kevin Warsh offers no policy clues: Why markets still got their answer
Financial markets came to Sintra looking for clues about the Federal Reserve's (Fed) next move. They largely left with confirmation that Fed Chair Kevin Warsh intends to make those clues much harder t ...
Dow Jones Industrial Average tops records on borrowed strength
The Dow Jones Industrial Average (DJIA) hit a fresh record on Wednesday, clipping 52,500 and completing a round trip from April's rout to all-time highs. The headline number flatters the detail undern ...
Russia Unemployment Rate down to 2.1% in May from previous 2.2%
Russia Unemployment Rate down to 2.1% in May from previous 2.2%
British Pound climbs on soft US data despite Warsh’s hawkish tilt
The Pound Sterling (GBP) registers a 0.14% gain on Wednesday amid broad US Dollar (USD) strength and comments by the Federal Reserve (Fed) Chair Kevin Warsh, who reiterated that the central bank would ...
Warsh stays on message as inflation remains the Fed's top priority
At the ECB Forum in Sintra, Fed Chair Kevin Warsh largely followed the script, offering little to change the market’s current view on monetary policy.
Australian Dollar as stronger US Dollar offsets cautious Aussie outlook
AUD/USD fell to 0.6900 on Wednesday and is now trading cautiously as investors digest mixed United States (US) economic data. The latest ISM Manufacturing Purchasing Managers Index (PMI) showing facto ...
Euro pares losses amid softer-than-expected US data and Warsh's remarks
EUR/USD pares some of its losses on Wednesday as softer-than-expected US economic data and remarks from Federal Reserve (Fed) Chair Kevin Warsh weigh on the US Dollar (USD).