WTI price rises to $66.15 in Friday’s early Asian session. Simmering tensions in the Middle East and strong summer demand boost the WTI price. Tariff uncertainty might cap the WTI’s upside. West Texas Intermediate (WTI), the … [Continue reading]
United States Total Net TIC Flows rose from previous $-14.2B to $311.1B in May
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
German Chancellor Merz signals resistance to EU taxation plans
Chancellor of Germany Friedrich Merz flashed warning signs on Thursday, warning European Union (EU) plans to shore up budgets using new or increased corporate taxation schemes will likely meet resistance from the German contingent.Key highlights(The … [Continue reading]
NZD: Signs of a resurgence in inflation – Commerzbank
Prices are rising faster again in New Zealand, Commerzbank's FX analyst Volkmar Baur notes. Market prices in almost three further interest rate cuts"According to monthly price data, which only covers part of the CPI basket but is a reliable … [Continue reading]
United Kingdom Claimant Count Rate: 4.5% (June)
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
Australia’s Unemployment Rate jumps to 4.3% in June vs. 4.1% expected
Australia’s Unemployment Rate rose to 4.3% in June from 4.1% in May, according to the official data released by the Australian Bureau of Statistics (ABS) on Thursday. The figure came in above the market consensus of 4.1%.Furthermore, the … [Continue reading]
Gold price rises on fears about Fed’s independence, weak PPI
Gold reached a three-week high before retreating to around 3,350.Trump fuels volatility after hinting at Powell's removal, then walks back comments.India’s Gold imports plunge 40% in June as high prices curb demand.Gold price rose during the North … [Continue reading]
USD/JPY retreats as Trump-Powell tensions cap gains
US Dollar retreats against the Japanese Yen, with Trump-Powell relations in focus.Interest rate expectations favour USD strength, but political uncertainty caps USD/JPY gains.USD/JPY retreats with resistance firming at 149.00.The Japanese Yen (JPY) … [Continue reading]
US annual PPI inflation softens to 2.3% in June vs. 2.5% expected
Producer inflation in the US continued to soften in June.US Dollar Index trades marginally lower on the day near 98.50.The Producer Price Index (PPI) for final demand in the US rose 2.3% on a yearly basis in June, the data published by the US Bureau … [Continue reading]
Silver Price Forecast: XAG/USD picks up to $38.00 favoured by a softer US Dollar
Silver trims losses as the US Dollar retreats ahead of the US PPI release.The Dollar jumped on Tuesday as strong inflation figures curbed hopes of Fed cuts.XAG/USD downside attempts have been above previous highs, at $37.30.Silver (XAG/USD) is … [Continue reading]