U.S. companies pouring swelling cash balances into growth plans – Morgan Stanley
U.S. companies pouring swelling cash balances into growth plans – Morgan Stanley Source link
Australian Dollar recovers as mixed US data weakens the US Dollar
AUD/USD trades higher near 0.6980 on Friday, recovering from an initial decline as the US Dollar (USD) loses ground following a mixed batch of United States (US) economic data. Stronger Housing Starts and Consumer Sentiment were offset by weaker Building Permits and subdued Industrial Production prints. US Housing Starts increased to an annualized 1.43 million […]
Boeing focused on production, not new orders at Farnborough Airshow
Boeing focused on production, not new orders at Farnborough Airshow Source link
Gold Price Forecast: XAU/USD Five Weeks at Support—Breakout Looms – FOREX.com
Gold Price Forecast: XAU/USD Five Weeks at Support—Breakout Looms FOREX.com Source link
Alphabet, Intel results in focus for AI trade as US earnings rev up
Alphabet, Intel results in focus for AI trade as US earnings rev up Source link
WTI Oil rallies above $81 as Iran threats intensify supply risks
West Texas Intermediate (WTI) trades around $81.10 at the time of writing on Friday, up 2.76% on the day, and is heading for a weekly gain of more than 13% as geopolitical tensions in the Middle East continue to escalate. The conflict intensified after the United States (US) launched another wave of strikes against Iranian […]
Street Calls of the Week
Street Calls of the Week Source link
British Pound slips for second straight day as Oil spike revives inflation fears
The Pound Sterling retreats during the North American session, down 0.22% against the Greenback, as geopolitical tensions remained high, triggering a jump in Oil prices and heightening fears of a reacceleration of inflation. The GBP/USD trades at 1.3449 after peaking near 1.3480. GBP/USD eases as Middle East tensions lift Dollar demand Hostilities in the Middle […]
5 big analyst AI moves: Apple upgraded as HSBC flags ’operational turning point’
5 big analyst AI moves: Apple upgraded as HSBC flags ’operational turning point’ Source link
Euro steadies as markets weigh ECB and Fed interest rate expectations
EUR/USD trades flat on Friday as traders reassess the inflationary impact of surging Oil prices amid escalating tensions in the Middle East, which have disrupted energy supplies through the Strait of Hormuz. At the time of writing, the pair trades around 1.1438 and is on track to end the week with modest gains. Oil prices […]
