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Here’s the real reason oil prices aren’t moving higher
Oil prices are not higher largely because the world does not want as much oil as it used to — and th...
RY Elliott Wave forecast: Wave (3) advance targets $226.96–$270.20
Royal Bank of Canada., (RY) operates as diversified financial service company worldwide. It operates through personal finance, commercial banking, wealth management & Insurance segments. It comes unde ...
Canadian Dollar: Remains soft as USD trend extends – Scotiabank
Scotiabank strategists Shaun Osborne and Eric Theoret note the Canadian Dollar (CAD) retains a soft undertone despite a first modest gain versus the US Dollar (USD) in eight sessions, helped by firmer ...
United States S&P Global Manufacturing PMI above expectations (54.8) in June: Actual (55.7)
United States S&P Global Manufacturing PMI above expectations (54.8) in June: Actual (55.7)
United States S&P Global Services PMI came in at 51.3, above forecasts (51) in June
United States S&P Global Services PMI came in at 51.3, above forecasts (51) in June
United States S&P Global Composite PMI up to 52.2 in June from previous 51.5
United States S&P Global Composite PMI up to 52.2 in June from previous 51.5
Oil: Sanctions waiver pressures prices – ING
ING analysts Warren Patterson and Ewa Manthey say Oil prices fell sharply after the US granted a 60-day waiver allowing Iranian exports, adding to pressure from rising flows through the Strait of Horm ...
Silver Price Forecast: Can bulls defend $60 as the US Dollar climbs to one-year highs?
Silver (XAG/USD) slides more than 4% on Tuesday as the US Dollar (USD) climbs to near one-year highs after the Federal Reserve's (Fed) hawkish tilt at last week's monetary policy meeting reinforced ex ...
Euro: Eurozone PMIs show two-speed recovery – TD Securities
TD Securities’ Global Strategy Team reports that June Eurozone PMIs confirm a divergence between stabilizing German manufacturing and still weak French services.
United States Redbook Index (YoY) up to 10% in June 19 from previous 9.4%
United States Redbook Index (YoY) up to 10% in June 19 from previous 9.4%
Memory chip rout sends NASDAQ 100 futures off a cliff
NASDAQ 100 futures sank nearly 3% in Tuesday's premarket as high-flying memory chip stocks like Micron (MU) and Sandisk (SNDK) shed part of their recent rallies.
Euro: Softer PMIs challenge ECB tightening case – BNY
Geoff Yu at BNY highlights that Eurozone PMIs remain weak despite a slightly better-than-expected composite reading. Core economies like Germany and France continue to underperform, with German servic ...
Natural gas: Heat and outages support prices – Commerzbank
Commerzbank analysts highlight that stronger heatwaves in Europe and Asia are likely to lift electricity demand and gas-fired power use, complicating European storage refilling.