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 semiconductor weakness, w…
Read more →Publicis' recent strong performance runs counter to a general slowdown in the advertising industry, which is seen as a bellwether for broader economic health. "Over the past 3 months, we think the macro backdrop has in …
Read more →The Bank of Japan (BoJ) quarterly survey in June showed on Thursday that 90.4% of Japanese households expect prices to rise a year from now, compared with 83.7% in the previous survey.
Read more →The price for Gold stood at 12,488.37 Indian Rupees (INR) per gram, down compared with the INR 12,573.30 it cost on Wednesday.
Read more →The EUR/USD pair holds steady above the 1.1450 level during the Asian session on Thursday and consolidates its strong gains registered over the past two days, to the highest level since June 18.
Read more →The AUD/JPY cross trades in negative territory around 113.45 during the early European trading hours on Thursday. Verbal intervention from Japanese authorities provides some support to the Japanese Yen (JPY) against the…
Read more →USD/IDR gains ground after two days of losses, trading around 18,100 during the Asian hours on Thursday. The pair holds ground as the Indonesian Rupiah (IDR) faces downward pressure as surging oil import costs stretch t…
Read more →Gold (XAU/USD) attracts fresh sellers during the Asian session on Thursday and drops back closer to the previous day's swing low, around the $4,025 region in the last hour. Despite soft US Consumer Price Index (CPI) and…
Read more →Senior officials from the Bank of Japan (BoJ) said on Thursday that a delay in stimulus adjustment amid high inflation risk could trigger an economic downturn.
Read more →USD/CHF inches lower after opening at a bullish gap, remaining in positive territory and trading around 0.8060 during the Asian hours on Thursday. The pair holds ground as the US Dollar (USD) recovers its daily losses a…
Read more →EUR/JPY depreciates after three days of gains, trading around 185.90 during the Asian hours on Thursday. The currency cross is retaining a constructive bullish bias as it holds above both the nine-period and 50-period E…
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Read more →Kuaishou Technology Class B stock (KUAISHOU‑W, HKEX: 1024) traded slightly higher in Hong Kong on Thursday, as investors digested its strong third‑quarter results, a fresh share repurchase and ongoing optimism around it…
Read more →The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, is seen consolidating around the 100.50 region during the Asian session on Thursday, close to the nearly four-week low touched the pr…
Read more →The USD/JPY pair loses ground to near 162.15 during the Asian trading hours on Thursday. The Japanese Yen (JPY) strengthens against the US Dollar (USD) after verbal intervention from Japanese authorities. Traders await …
Read more →Silver price (XAG/USD) extends its losses for the second successive day, trading around $57.00 per troy ounce during the Asian hours on Thursday. The price of the non-yielding white metal faces significant challenges as…
Read more →Japan’s Finance Minister Satsuki Katayama said on Thursday that the authorities are ready to take appropriate action on currency anytime as needed.
Read more →The GBP/USD pair declines to near 1.3530 during the early Asian session on Thursday. The British Pound (GBP) weakens against the US Dollar (USD) as renewed conflict and shipping disruptions in the Strait of Hormuz have …
Read more →The USD/CAD pair is seen oscillating in a range during the Asian session on Thursday and consolidating its recent losses to a four-week low, touched the previous day. Spot prices currently trade just below mid-1.4000s, …
Read more →The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thursday at 6.7909 compared to the previous day's fix of 6.7910 and 6.7577 Reuters estimate.
Read more →The Dow Jones Industrial Average dropped 337.36 points Friday, closing at 45,622.75 amid persistent worries over the U.S.-Iran conflict and a sharp rise in oil prices that heightened inflation concerns and clouded the o…
Read more →Commerzbank’s Moses Lim highlights that USD/SGD fell 0.3% to 1.2910 on Dollar weakness, with the pair consolidating in a 1.29–1.30 range since mid-June. Singapore’s strong growth backdrop and benign inflation support th…
Read more →The US Central Command (CENTCOM) said that it has launched another wave of strikes against Iran in a further effort to keep the Strait of Hormuz open, the Guardian reported on Wednesday.
Read more →Gold price (XAU/USD) edges higher to around $4,060 during the early Asian session on Thursday. The precious metal rebounds as softer US inflation has fueled hopes that the US Federal Reserve (Fed) will hold rates steady…
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