ECB decision, UK inflation, and global PMIs to drive markets
The upcoming week will be dominated by the European Central Bank’s (ECB) interest rate decision, United Kingdom (UK) inflation and labor market figures, and preliminary global Purchasing Managers Index (PMI) data. Australian employment, New Zealand inflation and Canadian CPI figures will also attract attention. The US Dollar Index (DXY) trades slightly higher near 100.80 after […]
CFM International wins approval for jet engine durability boost
CFM International wins approval for jet engine durability boost Source link
Range trade holds near recent lows against US Dollar – UOB
United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann note USD/SGD has stabilised after an earlier sell-off, with spot around 1.2905 and intraday price action expected to stay confined between nearby support and resistance. They highlights building downside momentum on a 1–3 week horizon, with 1.2860 as a key trigger for a […]
Has Europe quietly taken the lead in the earnings race? Barclays weighs in
Has Europe quietly taken the lead in the earnings race? Barclays weighs in Source link
China is SpaceX’s biggest long-term competitive threat, Bernstein says
China is SpaceX’s biggest long-term competitive threat, Bernstein says Source link
Verbal intervention fails to move JPY against US Dollar – Scotiabank
Scotiabank’s Shaun Osborne and Eric Theoret note USD/JPY is little changed despite strong verbal intervention from Finance Minister Katayama, who warned of decisive action at any time. Markets remain unimpressed, given repeated rhetoric and limited impact from actual Yen buying. They recall recent data showing a significant sentiment shift toward the Japanese Yen among local […]
US data center protests go national as backlash grows
US data center protests go national as backlash grows Source link
Gold (XAU/USD) Price Forecast: Bearish Pressure Builds Near Critical Support – FXEmpire
Gold (XAU/USD) Price Forecast: Bearish Pressure Builds Near Critical Support FXEmpire Source link
Mexican Peso tumbles as Iran war jitters, denting Peso’s appetite
The Mexican Peso loses traction against the Greenback, dropping over 0.65% during Friday’s North American session as the American currency benefits due to its safe-haven appeal as the US-Iran conflict is far from ending, despite holding talks to finish the war. The USD/MXN trades at 17.53, after bouncing off a daily low of 17.41. USD/MXN […]
UBS projects the space economy’s TAM at $1.3TN by 2040
UBS projects the space economy’s TAM at $1.3TN by 2040 Source link
