The dollar index (DXY00) recovered from a 1-week low on Friday and finished up by +0.07%. The fragile and uncertain situation in the Middle East is supporting safe-haven demand for the dollar today after Iran vowed to r…
Commerzbank’s report on Taiwan notes that stronger inflation, with core CPI at 2.5%, is likely to push the CBC towards a more hawkish stance, including a possible 12.5 bp hike in H2. Despite robust AI-driven exports and…
The upcoming week will bring a major test for the US Dollar (USD), with investors focusing on the United States Consumer Price Index (CPI), Federal Reserve (Fed) Chair Kevin Warsh’s congressional testimony and a broad s…
(RTTNews) - Canadian stocks inched higher on Friday, extending the gains from yesterday's session, as regional mediators are frantically working to bring the U.S. and Iran back for re-negotiations following their recent…
The S&P 500 Index ($SPX) (SPY) today is up +0.19%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.11%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.03%. September E-mini S&P futures (ESU26) are up +0.19%, an…
DBS economists Radhika Rao and Mo Ji expect the Bank of Korea (BoK) to raise its base rate to 2.75% from 2.50% in July, citing persistent CPI inflation above 3% and resilient growth. They highlight robust exports and in…
The White House’s plan to extend its AI technology advantage through the export of U.S. technology relies on dated assumptions of its unipolar technological dominance. As other countries develop their own national AI an…
Gold (XAU/USD) price retreats on Friday during the North American session, pressured by US President Donald Trump's comments allowing the resumption of US-Iran talks, but reiterating that the ceasefire is “over.” The XA…
The Federal Reserve has been consistently lowering interest rates over the last year, making a certificate of deposit (CD) account a less appealing prospect than it was in 2023 and 2024 when interest rates were higher. …
MUFG’s Lloyd Chan notes Bank Negara Malaysia (BNM) kept the Overnight Policy Rate (OPR) at 2.75% and expects it to stay on hold through 2026, with domestic fundamentals described as broadly supportive. Recent Malaysian …
Commerzbank analysts highlight that China’s June Consumer Price Index (CPI) slowed to 1.0% year-on-year while Producer Price Index (PPI) rose 4.1%, widening the PPI-CPI gap and squeezing downstream margins. The PBoC ack…
Happy Friday, traders. Welcome to our weekly market wrap, where we take a look back at these last five trading days with a focus on the market news, economic data, and headlines that had the most impact on gold prices a…
The S&P 500 Index ($SPX) (SPY) today is up +0.13%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.20%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.08%. September E-mini S&P futures (ESU26) are up +0.16%, an…
The S&P 500 Index ($SPX) (SPY) today is up +0.19%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.11%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.03%. September E-mini S&P futures (ESU26) are up +0.19%, an…
Components of that ETF with the highest volume on Friday were Bank of America, trading up about 1% with over 9.9 million shares changing hands so far this session, and Exxonmobil Holdings, up about 0.5% on volume of ove…
Five top Senate Democrats on Friday renewed calls for hearings into President Donald Trump's cryptocurrency holdings, citing his new financial disclosure and questions about foreign and unidentified investors in his fam…
The S&P 500 Index ($SPX) (SPY) today is up +0.13%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.20%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.08%. September E-mini S&P futures (ESU26) are up +0.16%, an…
The S&P 500 Index ($SPX) (SPY) today is up +0.19%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.11%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.03%. September E-mini S&P futures (ESU26) are up +0.19%, an…
EUR/USD trades in a muted fashion near the 1.1430 area on Friday, as a weaker US Dollar (USD) helps the pair hold onto modest Thursday gains. That was true even after inflation data from Germany and France showed limite…
West Texas Intermediate (WTI) Crude Oil trades at $70.98 on Friday, down 1%, after a European-morning climb to $72.83 met a wall of New York selling that drove the barrel to a $70.70 session low inside two hours. The es…
6 min read
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