US Dollar Outlook: UBS Weighs Consumer Resilience Against GDP Data
The US Dollar’s near-term trajectory hinges on a delicate balance between resilient consumer spending and the upcoming gross domestic product (GDP) data, according
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Rubio: Strait of Hormuz Belongs to No Single Nation, Signaling US Policy Shift
In a statement that has drawn attention from global energy markets and diplomatic circles, US Secretary of State Marco Rubio declared that the
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Asia FX Steadies as Dollar Hovers Near 13-Month High Ahead of US PCE Data
Asian currencies traded in a narrow range on Thursday, holding steady as the US dollar remained near a 13-month high against a basket
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Spain GDP Meets Expectations at 2.7% Year-on-Year in Q1 2025
Spain’s economy expanded at an annualized rate of 2.7% in the first quarter of 2025, matching analyst forecasts and maintaining the country’s position
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Italy Industrial Sales Growth Eases to 0.3% in April, Down from 2% in March
Italy’s seasonally and calendar-adjusted industrial sales growth slowed sharply in April, rising only 0.3% month-over-month (MoM), down significantly from a revised 2% increase
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US Core PCE Inflation Data Looms as Markets Eye First Fed Rate Hike in September
The US Bureau of Economic Analysis is set to release the latest core Personal Consumption Expenditures (PCE) price index data on Friday, a
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France Consumer Confidence Holds Steady at 84 in June, Meeting Forecasts
France’s consumer confidence index remained unchanged at 84 in June, according to data released this week, matching economists’ forecasts. The figure, which measures
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Micron (MU) Q3 Earnings: Key Metrics and Market Signals
Micron Technology (MU) released its fiscal third-quarter earnings report, offering investors a detailed look at the memory chip maker’s financial health amid a
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Germany Consumer Confidence Slips to -29.2 in July, Missing Expectations
German consumer confidence took an unexpected turn for the worse in July, according to the latest GfK Consumer Climate survey. The forward-looking indicator
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Gold’s Haven Appeal Fades as Rate Repricing Reshapes Markets: BNY
The traditional safe-haven status of gold is coming under renewed pressure as global interest rate repricing alters investor preferences, according to a recent