Oil Markets Face Deep Summer Deficits Even with a Hormuz Deal: TD Securities
TD Securities has issued a stark warning to energy markets: the world is heading for deep crude oil supply deficits this summer, and
Forex News
Forex News
Polish Zloty Steady as Cooling Inflation Supports NBP Rate Hold, ING Says
Poland’s central bank is likely to maintain its current interest rate stance as inflation continues to moderate, according to a new analysis from
Forex News
Japanese Yen Declines as Strong US Manufacturing Data Supports Dollar
The Japanese yen weakened against the US dollar on Monday, extending its recent decline after stronger-than-expected US manufacturing data reinforced expectations that the
Forex News
ECB May Be Forced to Act as Eurozone Inflation Risks Intensify, MUFG Warns
The European Central Bank (ECB) may need to adjust its monetary policy stance as inflation pressures in the eurozone continue to build, according
Forex News
Gold Slips Below $4,500 as Strong Dollar and US-Iran Stalemate Cap XAU/USD
Gold prices have slipped below the $4,500 mark, with XAU/USD trading lower as a stalemate in US-Iran nuclear talks and a strengthening US
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BNP Paribas Sees Gradual US Dollar Decline Against Euro
BNP Paribas, one of Europe’s largest banking groups, has released a currency forecast indicating a gradual depreciation path for the US dollar versus
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Swiss Franc Weakens as Fading US-Iran Deal Hopes Lift the US Dollar
The Swiss franc weakened against the US dollar on Tuesday, as diminishing expectations for a diplomatic resolution between the United States and Iran
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US Manufacturing Expands Faster Than Expected as ISM PMI Hits 54 in May
The Institute for Supply Management (ISM) reported on Monday that its Manufacturing PMI rose to 54.0 in May, surpassing the consensus estimate of
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Gold: Macro Headwinds Capping CTA Upside, Warns TD Securities
Commodity Trading Advisors (CTAs) looking for a sustained rally in gold may face persistent headwinds from the broader macroeconomic environment, according to a
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Iran Suspends Indirect Talks with US Following Strikes on Lebanon, State Media Reports
Iran has halted indirect communication channels with the United States in response to recent military strikes on Lebanon, according to a report from
