Hormuz security risks support prices – BNY

Geoff Yu reports that a Qatari LNG carrier was struck near the Strait of Hormuz, reviving security concerns and lifting European gas prices and Brent, WTI, Omani and Dubai crude benchmarks. He notes fragmented shipping routes, heightened shipowner anxiety, and warns that the incident pressures already fragile U.S.–Iran peace discussions and Qatar’s LNG export plans. […]
Why is Capita stock plunging today?

Why is Capita stock plunging today? Source link
Gold (XAUUSD) & Silver Price Forecast: Gold Breaks Trendline at $4,127 as Silver Holds $60.69 Ahead of FOMC — Next Move? – FXEmpire

Gold (XAUUSD) & Silver Price Forecast: Gold Breaks Trendline at $4,127 as Silver Holds $60.69 Ahead of FOMC — Next Move? FXEmpire Source link
RBNZ hike seen but path questioned – Commerzbank

Volkmar Baur at Commerzbank expects the Reserve Bank of New Zealand (RBNZ) to raise rates at its July meeting to reinforce its inflation-fighting credentials, which should initially support the New Zealand Dollar (NZD). However, he argues that current market pricing of about 3.5 hikes over 12 months is excessive, and the eventual repricing of this […]
SK Hynix plans to bring ADR funds to South Korea by mid-July- Reuters

SK Hynix plans to bring ADR funds to South Korea by mid-July- Reuters Source link
