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US Dollar: Credibility risks for USD – TD Securities
TD Securities argues that Jackson Hole is more about Federal Reserve (Fed) credibility than new guid...
Stock Market Today: Nasdaq Charges Higher As Treasury Yields Fall; Nvidia, Micron, Sandisk Rally (Live Coverage)
Stock Market Today: The Dow Jones index rises Tuesday as Treasury yields and oil prices drop. Nvidia...
Brent Tops $89 Amid U.S.-Iran Stalemate Over Hormuz
Brent Crude oil prices rose above $89 per barrel in early trade in Europe on Wednesday as Iran and the United States offered contrasting claims about who controls the Strait of Hormuz. Brent Crude pri ...
If I Were in My 40s, I'd Buy This Vanguard ETF Warren Buffett Recommended and Hold It Forever
Buffett is a big fan of low-cost index funds for everyday investors.
Euro moves little against Canadian Dollar following German HICP data
EUR/CAD remains steady after five days of losses, trading around 1.6070 during the European hours on Wednesday. The currency cross moves little as the Euro (EUR) holds ground following the release of ...
United States Antimony plunges after Q2 revenue miss, outlook cut
3 Reasons We Love Meta (META)
Over the past six months, Meta’s shares (currently trading at $591.67) have posted a disappointing 11.8% loss, well below the S&P 500’s 11% gain. This was partly due to its softer quarterly results an ...
US CPI data set to show softer inflation in July as markets reassess Fed rate hike bets
The US Bureau of Labor Statistics (BLS) will publish the July Consumer Price Index (CPI) data on Wednesday. The report is expected to show a small decline in consumer inflation and core inflation.
Drone Attack Hits Power Plant at Key Libyan Oil Hub
A drone has struck a power station at the Zawiya oil export terminal in Libya, suggesting continued attacks on one of the country’s main oil hubs. The power plant is in close proximity to the largest ...
Mamdani backs NYC bill to crack down on Amazon's subcontracting model
Euro remains subdued following German inflation data
EUR/USD extends its losses for the third successive day, trading around 1.1540 during the European hours on Wednesday. The pair holds losses as the Euro (EUR) remains weaker following the release of G ...
Equities: AI earnings revive risk appetite after tech weakness - Deutsche Bank
Deutsche Bank strategists note that United States (US) equities had a mixed session as Magnificent 7 weakness weighed on the S&P 500, even as the equal-weighted index reached a fresh record.
Japanese Yen: Policy focus after intervention - MUFG
MUFG’s Teppei Ino reviews recent USD/JPY price action following coordinated Japan-US intervention. The pair opened near 157.58, dropped toward 155.20 on official confirmation of joint action, then rec ...
Euro trims losses against the British Pound following hot German inflation data
The Euro (EUR) has picked up from session lows against the British Pound (GBP) on Wednesday as hot German inflation figures have partially offset a mild risk-off sentiment, amid flaring tensions in th ...