Indian Rupee loses traction in Tuesday’s early European session. The renewed US Dollar demand and higher oil prices weigh on the INR.Investors await the US JOLTs Job Openings later on Tuesday ahead of the RBI decision. The Indian Rupee … [Continue reading]
BoJ likely to halt bond purchase cuts next year, ex-official says
Bank of Japan (BoJ) former board member Makoto Sakurai said on Tuesday that the Japanese central bank will probably halt its quarterly reductions in government bond purchases starting next fiscal year, per Bloomberg. The BoJ has been trimming … [Continue reading]
Dow Jones Industrial Average recovers footing but trade fears continue to weigh
The Dow Jones continues to churn near 42,000 as investors await calmer trade headlines.The Trump administration is set to impose stiff steel tariff increases.Donald Trump’s legal battle around global tariffs has deepened this week.The Dow Jones … [Continue reading]
USD/CAD under pressure as Canada PMI improves, US data disappoints
The Canadian Dollar rises for a third straight session, supported by higher oil prices and a weaker US Dollar.Canada’s manufacturing PMI improves slightly to 46.1 in May, while US factory activity shows deeper contraction.Investors price in a 75% … [Continue reading]
EUR/USD stalls below 1.1435 with US manufacturing data and Fed Powell on focus
EUR/USD appreciates on Monday, as fresh tariff threats and a trade rift with China hit the USD.Looming concerns about US fiscal stability are undermining confidence in US assets. Euro bulls are being challenged at the 1.1415 -1.1435 resistance … [Continue reading]
Sweden Manufacturing PMI dipped from previous 54.2 to 53.6 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]
Australia ANZ Job Advertisements: -1.2% (May) vs previous 0.5%
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]
China NBS Manufacturing PMI meets expectations (49.5) 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]
China NBS Non-Manufacturing PMI below forecasts (50.6) in May: Actual (50.3)
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]
Trump Media Group set to establish Bitcoin treasury after closing $2.4 billion deal
Trump Media and Technology Group announced that it has raised $2.44 billion in proceeds from its private offering to establish its Bitcoin treasury.This comes barely a week after Trump Media announced it would offer up to $2.5 billion in common … [Continue reading]