News
Equities: Broad-based risk-off as bond yields surge " Danske Bank
3+ hour, 33+ min ago (397+ words) Danske Research Team reports that global equities fell on Friday and remain weak, with Asian markets and US and European futures softer. Energy was the only sector higher, while defensive, low-volatility and value factors outperformed within a broader equity sell-off,…...
Silver price today: rises on May 18
46+ min ago (266+ words) Silver prices (XAG/USD) rose on Monday, according to FXStreet data. Silver trades at $76. 02 per troy ounce, up 0. 11% from the $75. 94 it cost on Friday. Silver prices have increased by 6. 95% since the beginning of the year. Silver Price Today in USD…...
USD/CAD Price Forecast: 50% Fibo retracement near 1. 3755 acts as key barrier
55+ min ago (551+ words) The USD/CAD pair trades marginally lower to near 1. 3735 during the European trading session on Monday. The Loonie pair faces selling pressure as the US Dollar (USD) turns upside down due to hopes that the United States (US) and Iran…...
China: Cooling demand and stable US ties " Standard Chartered
1+ hour, 8+ min ago (393+ words) Standard Chartered strategists note that China's April data showed weaker domestic demand, with both consumption and investment slowing even as exports supported industrial production. They highlight that reflation is being driven mainly by global commodity prices and that the government…...
Dow Jones futures trim recent losses after reports of Iran-Oman talks
1+ hour, 5+ min ago (422+ words) Dow Jones futures pare its intraday losses, remaining down by 0. 56%, near 49, 350 during the European hours ahead of the United States (US) regular opening on Monday. Meanwhile, the S&P 500 fall 0. 23% to near 7, 410, and the Nasdaq 100 futures hovers near 29, 240. US stock…...
New Zealand Dollar rises despite weak China data as US Dollar dips
50+ min ago (506+ words) NZD/USD rebounds around 0. 5860 on Monday at the time of writing, up 0. 35% on the day, after earlier touching a low near 0. 5822 following disappointing economic data from China. The rebound in the pair comes as the US Dollar (USD) corrects after…...
Indonesian Rupiah hits record low vs USD as capital outflows mount
1+ hour, 15+ min ago (221+ words) The USD/IDR pair prolongs its recent well-established uptrend and advances to a fresh all-time peak, beyond the 17, 700 mark, at the start of a new week. EUR/USD is attempting a tepid bounce above 1. 1600 in European trading on Monday. The…...
British Pound: Downside risk versus US Dollar below 200-DMA " Societe Generale
48+ min ago (390+ words) "There could be relief if inflation comes down in April. SG economics forecast a dip in headline to 3. 0% yoy and core to 2. 6% yoy, in line with consensus. Private sector wages are forecast to rise 3. 1% yoy for the 3-month period ending…...
British Pound bounces up nearing 1. 3400 on rumours about US-Iran peace talks
1+ hour, 11+ min ago (356+ words) The British Pound (GBP) is trading higher against the US Dollar (USD) on Monday, to pare losses from a four-day sell-off. The pair is trading above 1. 3350 at the time of writing, after bouncing from six-week lows at 1. 3302 earlier in the…...
US President Trump: Iran is dying to sign a deal
1+ hour, 43+ min ago (372+ words) United States (US) President Donald Trump said in an interview with Fortune, released during the European trading session on Monday, that Iran is dying to sign a deal with Washington. "I can tell you one thing'they're dying to sign [a…...