Ethereum (ETH) treasury company Bitmine Immersion Technologies (BMNR) is set to join the Russell 1000 Index after the close of US markets on Friday, while Solana (SOL) treasury firm Upexi (UPXI) will be added to the Russell Microcap Index when … [Continue reading]
South Korea: Exports and inflation support rate hike path – DBS
DBS Group Research’s Ma Tieying expects South Korea’s June exports to remain very strong, with year-on-year growth around 50–60% and the trade surplus widening above USD30bn. AI-related semiconductor demand and higher memory prices are seen … [Continue reading]
Silver Price Forecast: XAG breaks below $60, bears eye $55
Silver (XAG/USD) price registers gains of nearly 2% on Friday but is poised to finish the week with losses of nearly 10%, as the white metal falls below the $60.00 threshold for the first time since the rally that began at the beginning of December … [Continue reading]
Chinese Yuan: Weakness against US Dollar seen as corrective – OCBC
OCBC’s FX strategists Sim Moh Siong and Christopher Wong note USD/CNH’s recent run-up has stalled, with the pair around 6.8020 and daily bullish momentum intact but RSI turning lower from overbought. They caution CNH may still trade on the back foot … [Continue reading]
Gold price rebounds as falling US yields weigh on US Dollar
Gold (XAU/USD) price recovers some ground on Friday, hitting a two-day high of $4,096 as the Greenback edges lower alongside Treasury yields after investors trimmed hawkish bets on the Federal Reserve (Fed). The XAU/USD pair trades at $4,076, up … [Continue reading]
United States CFTC S&P 500 NC Net Positions increased to $-35.4K from previous $-194K
EUR/USD now gives away part of its earlier advance, receding toward the 1.1400 contention zone on Thursday. Meanwhile, the pair’s recovery comes amid extra losses in the US Dollar, at the time when while investors continue to monitor developments in … [Continue reading]
Eurozone CFTC EUR NC Net Positions declined to €30.2K from previous €34.4K
EUR/USD now gives away part of its earlier advance, receding toward the 1.1400 contention zone on Thursday. Meanwhile, the pair’s recovery comes amid extra losses in the US Dollar, at the time when while investors continue to monitor developments in … [Continue reading]
Vietnam: Solid GDP and easing inflation backdrop – DBS
DBS Group Research forecasts Vietnam’s real GDP to grow 7.8% year-on-year in Q2 2026, matching Q1’s pace, supported by strong electronics manufacturing, AI-driven tech demand, FDI and resilient retail spending. Headline inflation is expected to … [Continue reading]
United States Michigan Consumer Expectations Index registered at 50.7 above expectations (49.3) in June
The AI boom is not weakening. The market is simply becoming less willing to reward companies for writing ever-larger infrastructure cheques without a clearer cash-return timetable. Microsoft, Amazon, Alphabet and Meta are becoming the financing arm … [Continue reading]
Gold: Debasement trade over as prices slide – Societe Generale
Societe Generale’s team highlights a sharp reversal in Gold, with prices down 20% year-to-date and over 11% this month, undermining the Dollar debasement narrative. The post-FOMC capitulation in Gold has given way to some relief as US real yields … [Continue reading]