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Brent: US-Iran tensions support prices – ING
ING analysts Warren Patterson and Ewa Manthey note renewed strength in Oil, with ICE Brent rallying ...
Euro flatlines amid mixed German data with all eyes on US Nonfarm Payrolls
The Euro (EUR) is trading flat around 1.1520 against the US Dollar (USD) on Friday, following a mild...
Some losses for the Dollar ahead of the NFP
The dollar declined in recent days against most major currencies apart from the yen as traders reduc...
NZD/USD Price Forecast: Remains below moving averages near 0.5900 as bearish bias prevails
NZD/USD moves little after registering modest gains in the previous day, trading around 0.5870 during the European hours on Thursday. The technical analysis of the daily chart signals an ongoing beari ...
Japanese Yen: Negative bias against USD may fade below 158.40 – UOB
United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann say USD/JPY’s uptrend is losing steam after the pair failed to extend gains beyond 159.25 and posted its first daily decline in se ...
Oil: Fragmented energy order risks new pricing blocs – Rabobank
Rabobank’s RaboResearch team, led by Michael Every and Joe DeLaura, argues that the Iran War could accelerate a shift from unified Oil markets toward Balkanised pricing blocs.
United Kingdom flash Services PMI unexpectedly declines to 47.9 in May
The United Kingdom (UK) S&P Global Composite Purchasing Managers' Index (PMI) surprisingly declined in May. The Composite PMI has come in at 48.5;a figure below 50.0 is considered a contraction in the ...
United Kingdom S&P Global Services PMI came in at 47.9, below expectations (51.8) in May
United Kingdom S&P Global Services PMI came in at 47.9, below expectations (51.8) in May
United Kingdom S&P Global Composite PMI below forecasts (51.7) in May: Actual (48.5)
United Kingdom S&P Global Composite PMI below forecasts (51.7) in May: Actual (48.5)
Aluminium: Output drops on Gulf disruptions – ING
ING commodities strategists Warren Patterson and Ewa Manthey report a notable decline in global Aluminium production in April, driven largely by sharp cuts in Gulf output linked to the Iran conflict.
Dow Jones futures decline on US-Iran peace uncertainty, hawkish Fed signals
Dow Jones futures fall 0.22% below 50,000 during European hours ahead of the United States (US) regular opening on Thursday. Meanwhile, the S&P 500 decline 0.27% to near 7,430, and the Nasdaq 100 futu ...
Eurozone flash Manufacturing PMI expands moderately to 51.4 in May vs. 51.9 estimates
Eurozone's preliminary HCOB Composite PMI deteriorates further in May. The Composite PMI arrives lower at 47.5, while it was expected to remain steady at 48.8. A figure below 50.0 is considered a cont ...
Eurozone Current Account s.a came in at €14.9B below forecasts (€25.3B) in March
Eurozone Current Account s.a came in at €14.9B below forecasts (€25.3B) in March
Eurozone HCOB Composite PMI below forecasts (48.8) in May: Actual (47.5)
Eurozone HCOB Composite PMI below forecasts (48.8) in May: Actual (47.5)
Eurozone HCOB Services PMI came in at 46.4, below expectations (47.7) in May
Eurozone HCOB Services PMI came in at 46.4, below expectations (47.7) in May