ING Commodities Strategists Warren Patterson and Ewa Manthey report Copper prices are supported by tightening physical conditions in China. Yangshan import premiums have surged on scrap shortages and smelter maintenance…
German ZEW Survey - Economic Sentiment arrives at 26.3 in July, beating the estimates of 18.0 and the June reading of 10.5.
United Overseas Bank’s (UOB) Quek Ser Leang sees EUR/USD retaining a mild downside bias after slipping below a prior strong support at 1.1405. Intraday losses are expected to be limited to tests of 1.1390, with resistan…
The British Pound (GBP) snaps a three-day losing streak against the Japanese Yen (JPY), rebounding to near 218.55 during the European trading session on Tuesday. The cross attracts bids after the release of the United K…
Gold (XAU/USD) edges higher on Tuesday as buying interest around the $4,000 psychological level supports prices, while traders assess developments in the Middle East and their potential economic fallout. At the time of …
Silver price (XAG/USD) is up over 3% to near $58.20 during the early European trading session on Tuesday. The white metal surges as the rally in oil prices has halted amid hopes of renewed diplomatic efforts between the…
This year’s rebound in European luxury-goods stocks is missing one notable name.
Silver (XAG/USD) is rallying, favoured by a mild US Dollar weakness on Tuesday. The precious metal is testing one-week highs at the $59.70 area at the time of writing as investors hope that mediators’ efforts to achieve…
The United Kingdom’s (UK) ILO Unemployment Rate remained steady at 4.9% in the three months to May after reporting 4.9% in the previous reading, data published by the Office for National Statistics (ONS) showed on Tuesd…
EUR/JPY edges higher after three days of losses, trading around 185.50 during the Asian hours on Tuesday. The currency cross is holding above both the nine-day and 50-day Exponential Moving Averages (EMAs), which reinfo…
The GBP/USD pair holds positive ground near 1.3450 during the early European trading hours on Tuesday. The British Pound (GBP) strengthens against the US Dollar (USD) following the UK employment report. Attention will s…
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The Euro (EUR) posts moderate losses against the British Pound (GBP) on Tuesday, yet trading within recent ranges. The EUR/GBP pair has pulled back below 0.8500, from highs around 0.8515 on Friday, weighed by growing ge…
Commerzbank’s Volkmar Baur discusses how persistent high Oil and energy prices complicate the Federal Reserve’s stance, with markets only modestly pricing in further tightening. He highlights uncertainty over whether th…
Japan Prime Minister (PM) Sanae Takaichi said during the Asian trading session on Tuesday that the government will guide economic and fiscal policy while paying close attention to fiscal sustainability and will focus on…
The AUD/USD pair drifts higher to near 0.7010 during the Asian trading hours on Tuesday. However, the potential upside for the pair might be limited amid the escalation of the US-Iran conflict. The Australian employment…
Silver (XAG/USD) attracts buyers for the third straight day and climbs back above the $57.00 mark during the Asian session on Tuesday. The white metal, however, remains below the overnight swing high, with bulls awaitin…
The EUR/USD pair posts modest losses around 1.1410 during the early Asian trading hours on Tuesday. Renewed tensions between the United States (US) and Iran continue to fuel risk-off sentiment, weighing on the Euro (EUR…
West Texas Intermediate (WTI) oil price extends losses for the second successive day, trading around $81.90 per barrel during the Asian hours on Tuesday. Oil prices decline as temporary diplomatic signals have emerged. …
#Gold and #silver prices moved lower as investors awaited key US inflation data and reassessed interest-rate expectations. #GoldPrice #SilverPrice #Commodities https://lnkd.in/eFT-2ZEi
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is remaining in the positive territory and trading around 101.00 during the Asian session on Tuesday.
China's leading smartphone manufacturers have witnessed a major decline in the Indian market during the April-June quarter. According to a report by Counterpoint Research, their collective market share has fallen to its…
USD/JPY changes hands near 162.50 on Monday after a session range of barely 40 pips, wedged between a floor just above 162.00 and a lid just beyond the half-handle. The pair sits within half a big figure of the cycle to…
The US Central Command (CENTCOM) announced via a post on the social media platform, X, that they completed the latest strikes at 1AM GMT Tuesday.