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Oil prices see largest two-day percentage gain in four months on U.S.-Iran fighting
West Texas Intermediate and Brent crude’s front-month contracts climbed on Tuesday as investors worr...
British Pound spikes down agains Yen triggering intervention concerns
The British Pound (GBP) has spiked lower against the Yen (JPY) in Thursday’s early European session, with no clear reason to explain the move, triggering speculation of some action by the Japanese Min ...
British Pound: Sterling shorts unwind as EUR/GBP breaks support – ING
ING’s Chris Turner reports that EUR/GBP has broken below the 0.8600/8610 support, triggering liquidation of expensive, stale Sterling shorts, especially among asset managers.
New Zealand Dollar advances as US Dollar weakens on soft data, Fed tone
NZD/USD has recovered its recent losses from the previous day, trading around 0.5680 during the early European hours on Thursday.
Japanese Yen recovers sharply from 40-year low as intervention bets trigger short-covering
The USD/JPY pair comes under intense selling pressure and plummets to the 161.00 neighborhood heading into the European session on Thursday, snapping a three-day winning streak to the highest since 19 ...
Volkswagen braces for turbulent talks ahead of critical board meeting over massive restructuring
Swiss Franc eases within range following soft Swiss inflation figures
The Swiss Franc (CHF) has pulled back from session highs against the US Dollar (USD) on Thursday, following the release of softer-than-expected Swiss Consumer Price Index (CPI) figures.
Oil: Hormuz risks and US-Iran MoU tensions – Rabobank
Rabobank strategist Michael Every describes how US efforts to secure Hormuz Oil flows under an emerging US-Iran MoU were reportedly blocked by Saudi Arabia, raising regional security risks.
Spain Unemployment Change above expectations (-40.8K) in June: Actual (-28.7K)
Spain Unemployment Change above expectations (-40.8K) in June: Actual (-28.7K)
EU Bows to Tech Lobby, Drops Ten-Year Renewables Rule for Data Centers
The European Union has given in to pressure from Big Tech to water down its strict low-carbon energy requirements in order to pursue its AI agenda as the U.S. and China pull far ahead and the EU plays ...
Equities: Tech slump contrasts broader resilience – Deutsche Bank
Deutsche Bank’s Early Morning Reid describes a mixed picture for US equities. The S&P 500 index slipped 0.22% as chip stocks sold off sharply, yet the equal‑weighted S&P 500 rose 0.24% to a new record ...
US Dollar Index Price Forecast: Weakens below 101.50, but keeps bullish tone ahead of NFP
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 101.20 in the early European trading hours on Thursday.
Coca-Cola eyes $1B IPO for India bottling arm at nearly $10B valuation