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Hormuz deal hopes rise, as talks progress – RTRS, ABC News
A US official says that there is progress in Oman-Iran talks and that a deal could be signed soon, a...
Stock Market Wraps Best Week Since April. Now the Focus Is on Inflation.
The stock market cruised higher on Friday to wrap up its best week since April in the wake of the Ju...
Some of the urgency is gone for a Fed rate hike in September after a soft jobs report
The chances of a hike remain, with upcoming inflation reports a key focus for Fed officials....
The Italianisation of Britain’s finances
Investors have watched the UK’s political flip-flopping and budgetary shortfalls with alarm
AUD/JPY Price Forecast: Tests ascending triangle bottom near 113.00
AUD/JPY extends its losses for the third successive day, trading around 113.20 during the Asian hours on Monday. The technical analysis of the daily chart suggests a potential busted pattern or bearis ...
Australian Dollar remains subdued below 0.7150 following China’s data
AUD/USD loses ground for the third consecutive day, trading around 0.7130 during the Asian hours on Monday. The pair depreciates following key economic data from Australia’s close trading partner, Chi ...
China’s industrial production growth slows
Retail sales growth flat as weak domestic demand saps momentum for world’s second-largest economy
New Zealand Dollar holds losses below 0.5850 on weak Chinese data
The NZD/USD pair trades in negative territory around 0.5830 during the Asian trading hours on Monday. The New Zealand Dollar (NZD) faces some selling pressure following the downbeat Chinese economic d ...
China Fixed Asset Investment (YTD) (YoY) registered at -1.6%, below expectations (1.6%) in April
China Fixed Asset Investment (YTD) (YoY) registered at -1.6%, below expectations (1.6%) in April
China Retail Sales (YoY) came in at 0.2%, below expectations (2%) in April
China Retail Sales (YoY) came in at 0.2%, below expectations (2%) in April
China Industrial Production (YoY) registered at 4.1%, below expectations (5.9%) in April
China Industrial Production (YoY) registered at 4.1%, below expectations (5.9%) in April
British Pound seems vulnerable near 1.3300 vs USD on Iran tensions, UK political turmoil
The GBP/USD pair adds to last week's heavy losses and remains under some selling pressure for the fifth consecutive day on Monday. Spot prices drop to the 1.3300 mark, or the lowest level since April ...
Euro softens to near 1.1600 on US–Iran tensions
The EUR/USD pair trades in negative territory around 1.1615 during the early Asian session on Monday. The Euro (EUR) extends the decline as the prolonged US-Iran conflict weighs on the riskier assets.
AI Debt Now 15% of Corporate Bond Market, Creating New Concentration Risk
A new concentration risk is building inside the corporate bond market, and it mirrors what investors are already experiencing with the Magnificent Seven in the S&P 500 index. According to a recent epi ...
Gold declines below $4,550 on rising Fed hike expectations
Gold price (XAU/USD) declines to around $4,535 during the early Asian trading hours on Monday. The precious metal remains on the defensive as heightened inflation concerns, due to the conflict in the ...