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Stock market today: Dow and S&P 500 rise as oil falls, Nasdaq digests tech earnings
Growing hopes that the Strait of Hormuz could soon reopen uplifted markets as earnings continued to ...
Red Sea Attack Sinks India-Flagged Cargo Vessel Off Yemen
An India-flagged tanker reportedly carrying Saudi oil has sunk off the coast of Yemen in the Red Sea...
ISM Services PMI Preview: US services sector expected to accelerate in July
On Wednesday, we’ll get the latest read on the US services sector when the Institute for Supply Mana...
IEA Warns World Has Just Weeks to Avoid Hormuz Economic Shock
The world has just a few weeks before taking an economic toll from the re-escalation in the Middle East and the new halt to tanker traffic through the Strait of Hormuz, according to Fatih Birol, the E ...
US Dollar Index Price Forecast: Waning hawkish Fed bets back more downside
The US Dollar (USD) remains under pressure as traders have repriced the Federal Reserve’s (Fed) interest rate hike expectations. At press time, the US Dollar Index (DXY), which gauges the Greenback’s ...
Equities: Softer US inflation lifts stocks near records – Deutsche Bank
Deutsche Bank notes that softer US producer inflation prompted a dovish Fed repricing, supporting the S&P 500 near record highs. Strong BlackRock earnings and an Apple-led mega-cap rally offset semico ...
AUD/USD Price Forecast: Trades around 0.7000 after pulling back from 50-day EMA
AUD/USD edges lower after two days of gains, trading around 0.7000 during the early European hours on Thursday. The technical analysis of the daily chart shows that the pair is moving upwards within t ...
Uber launches $14.8B takeover bid for Delivery Hero
TSMC plans additional $100B U.S. investment: report
US Dollar: Disinflation meets Oil – OCBC
OCBC strategists Sim Moh Siong and Christopher Wong note that softer United States (US) inflation data has reduced expectations of near-term Fed tightening, weighing on front-end US yields and the US ...
Canadian Dollar weakens as traders brace for US Retail Sales data
The USD/CAD pair recovers some lost ground to around 1.4045, snapping the seven-day losing streak during the early European session on Thursday. Markets turn cautious amid heightened tensions in the M ...
Forex Today: Majors stabilize as USD selloff loses steam
Here is what you need to know on Thursday, July 16:
Taiwan Semiconductor Manufacturing Company declares NT$7.00 quarterly dividend
New Zealand Dollar holds gains around 0.5850, favoured by a softer US Dollar
The New Zealand Dollar (NZD) has retraced previous losses and extends gains for the third consecutive day against the US Dollar (USD) on Thursday. The NZD/USD pair has reached the 0.5850 area, support ...
Earnings Snapshot: Taiwan Semiconductor Manufacturing beats Q2 top and bottom line estimates; issues strong Q3 revenue outlook