US S&P Global PMI Data for May Expected to Signal Steady Economic Expansion
Economists and market participants are closely watching the upcoming release of the S&P Global Purchasing Managers’ Index (PMI) data for May, with expectations
Forex News
Forex News
US Dollar Outlook: Fed Policy Shift and AI-Driven Risk, Says MUFG
The US dollar is navigating a complex landscape shaped by a shifting Federal Reserve policy stance and an evolving risk backdrop increasingly influenced
Forex News
US Dollar Holds Steady as Strong PMI Data Reinforces Cautious Fed Stance
The US Dollar steadied in early trading on Tuesday, finding support after a series of stronger-than-expected Purchasing Managers’ Index (PMI) readings reinforced the
Forex News
Oil Markets Tighten as US Data Reveals Larger-Than-Expected Draw, ING Reports
Crude oil prices edged higher on Wednesday after the latest US inventory data pointed to a tighter supply picture than analysts had anticipated.
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South Korea’s Won Under Pressure as Capital Flows and Tech Sector Weaken, BNY Warns
South Korea’s currency, the won (KRW), is facing renewed downward pressure as capital flows shift and the country’s dominant tech sector shows signs
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US Flash S&P Composite PMI Confirmed at 51.7 in March, Signaling Modest Expansion
The US flash S&P Composite Purchasing Managers’ Index (PMI) was confirmed at 51.7 for March, according to the latest data release. This reading
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Crude Oil Slides as US-Iran Nuclear Deal Nears Finalization
Crude oil prices reversed sharply on Tuesday, erasing earlier gains as reports emerged that a diplomatic breakthrough between the United States and Iran
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Bank Indonesia Front-Loads Tightening to Bolster Rupiah, DBS Says
Bank Indonesia (BI) is taking a preemptive approach to monetary policy, front-loading interest rate hikes to defend the rupiah against sustained external pressure,
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Fed’s Barkin Resists Forward Guidance, Stresses Data Dependence
Richmond Federal Reserve President Thomas Barkin has declined to offer forward guidance on the central bank’s next policy moves, reinforcing a data-dependent approach
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Gold Price Recovers as US-Iran Draft Deal Weakens Oil and Dollar
Gold prices staged a notable recovery in early trading on Wednesday, as reports of a potential draft agreement between the United States and
