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Hormuz Tanker Crossings Sink to Lowest Level Since May as War Risk Spikes
Only one oil tanker transited the Strait of Hormuz on Thursday, the lowest number of crossings since...
Euro: ECB hawkish but EUR still disadvantaged against US Dollar – OCBC
OCBC’s Sim Moh Siong and Christopher Wong observe that while the European Central Bank (ECB) left ra...
Gold steadies after sharp drop as traders weigh Fed, Middle East risks
Gold (XAU/USD) steadies on Friday after falling nearly 2% the previous day, as surging Oil prices fu...
Why Microsoft Stock Soared 10.2% Higher Last Month and Has Kept Rallying in May
Despite recent gains, Microsoft's stock has still seen a double-digit pullback this year.
Pound Sterling Price News and Forecast: GBP outperforms its peers amid risk-on mood
The Pound Sterling (GBP) trades higher against its major currency peers, is up 0.43% around 1.3610 against the US Dollar (USD), during the European trading session on Friday.
GBP/USD advances as US Dollar slips despite strong NFP, resilient Pound
GBP/USD advances around 1.3630 on Friday at the time of writing, up 0.54% on the day, benefiting from broad US Dollar weakness following the release of the US employment report.
US UoM Consumer Sentiment Index is seen at 48.2 in May
American consumer confidence is expected to have deflated in early May, as households have been growing more pessimistic about current conditions and the broader economic outlook, according to prelimi ...
Rocket Lab Stock Soars After Earnings Beat. The Space Race Is On.
Rocket Lab stock continued its journey to the moon after strong results and a bevy of impressive business announcements. A year ago, Rocket Lab reported a gross profit of $35.2 million from sales of ...
Chris Hohn’s hedge fund slashes $8bn Microsoft stake in warning over AI disruption
TCI has cut its position in tech giant from 10% to 1%
EUR/USD strengthens as mixed US labor data and hopes for a US-Iran deal pressure the Greenback.
The Euro (EUR) strengthens against the US Dollar (USD) on Friday as the Greenback remains under pressure following mixed US labor market data. At the time of writing, EUR/USD is trading around 1.1777, ...
United States UoM 1-year Consumer Inflation Expectations down to 4.5% in May from previous 4.7%
United States UoM 1-year Consumer Inflation Expectations down to 4.5% in May from previous 4.7%
United States UoM 5-year Consumer Inflation Expectation declined to 3.4% in May from previous 3.5%
United States UoM 5-year Consumer Inflation Expectation declined to 3.4% in May from previous 3.5%
United States Michigan Consumer Expectations Index climbed from previous 48.1 to 48.5 in May
United States Michigan Consumer Expectations Index climbed from previous 48.1 to 48.5 in May
United States Michigan Consumer Sentiment Index below forecasts (49.5) in May: Actual (48.2)
United States Michigan Consumer Sentiment Index below forecasts (49.5) in May: Actual (48.2)
United States Wholesale Inventories came in at 1.3%, below expectations (1.4%) in March
United States Wholesale Inventories came in at 1.3%, below expectations (1.4%) in March