News from the economy, politics and the financial markets
In this section of our news section we provide you with editorial content from leading publishers.
Latest news
Canada Industrial Product Price (MoM) above expectations (1.6%) in March: Actual (2.4%)
Canada Industrial Product Price (MoM) above expectations (1.6%) in March: Actual (2.4%)
United States Initial Jobless Claims 4-week average increased to 210.75K in April 17 from previous 209.75K
United States Initial Jobless Claims 4-week average increased to 210.75K in April 17 from previous 209.75K
United States Initial Jobless Claims above forecasts (212K) in April 17: Actual (214K)
United States Initial Jobless Claims above forecasts (212K) in April 17: Actual (214K)
United States Chicago Fed National Activity Index declined to -0.2 in March from previous -0.11
United States Chicago Fed National Activity Index declined to -0.2 in March from previous -0.11
Oil: Security shock and Hormuz blockade – BNY
BNY’s Bob Savage reports that the International Energy Agency warns of the biggest energy security threat in history as the Iran conflict and Strait of Hormuz closure remove significant Oil supply. Savage details tanker interceptions, rising crack spreads and stronger Brent options activity.
EUR/USD dips to fresh monthly lows sub-1.1700 as market sentiment sours
The Euro (EUR) extends losses against the US Dollar (USD) for the third consecutive day on Thursday, reaching its lowest levels since April 13, at the 1.1680 area.
Pound Sterling Price News and Forecast: GBP/USD stabilizes
GBP/USD trades around 1.3500 on Thursday, virtually unchanged on the day, after recovering earlier losses following the release of stronger-than-expected UK activity data.
Mexico 1st half-month Core Inflation below expectations (0.2%) in April: Actual (0.18%)
Mexico 1st half-month Core Inflation below expectations (0.2%) in April: Actual (0.18%)
Mexico 1st half-month Inflation registered at 0.11% above expectations (0.08%) in April
Mexico 1st half-month Inflation registered at 0.11% above expectations (0.08%) in April
Mexico Retail Sales (MoM) below expectations (-0.1%) in February: Actual (-0.9%)
Mexico Retail Sales (MoM) below expectations (-0.1%) in February: Actual (-0.9%)
Mexico Retail Sales (YoY) registered at 3.1%, below expectations (4.1%) in February
Mexico Retail Sales (YoY) registered at 3.1%, below expectations (4.1%) in February
AUD: War risks challenge recent strength – Societe Generale
Societe Generale analysts argue that the Australian Dollar’s (AUD) strong year-to-date performance leaves it vulnerable to concerns over imported petroleum dependence during the Gulf blockade.
USD/CAD holds steady ahead of US PMIs amid Middle East tensions
USD/CAD trades around 1.3670 on Thursday, virtually unchanged on the day, as investors adopt a cautious stance ahead of the release of S&P Global PMI data in the United States (US).
When is the US flash S&P Global PMI for April and how could it affect EUR/USD?
The preliminary United States (US) S&P Global Purchasing Managers’ Index (PMI) data for April is due for release today at 13:45 GMT.
USD: Energy shock view anchors DXY range – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad notes that higher crude Oil prices and rising global bond yields are supporting the US Dollar (USD), with USD firmer against major currencies.
Japan’s Katayama: We have a free hand in conducting interventions
Japan’s Finance Minister (FM) Satsuki Katayama said during the European trading session on Thursday that the government has “free hand” in conducting stealth interventions against one-way speculative moves against the Japanese Yen (JPY).
UK: Retail sales and PMIs point to risks – TD Securities
TD Securities analysts expect United Kingdom (UK) Retail Sales to rise 0.1% month-on-month in March, slightly above market consensus, viewing February’s weakness as payback for January’s strength rather than softer demand.
USD/JPY Price Forecast: Scope for further upside towards 160.50 improves amid triangle breakout
The USD/JPY pair extends its four-day upside to near 159.75 during the European trading session on Thursday. The pair reflects strength as the US Dollar (USD) outperforms its peers due to rising oil prices amid the prolonged closure of the Strait of Hormuz.
Silver Price Forecasts: XAG/USD dips below $75.00 amid growing risk aversion
Silver (XAG/USD) resumes its immediate bearish trend on Thursday, following a frail recovery attempt the previous day.
Silver price today: Silver falls, according to FXStreet data
Silver prices (XAG/USD) fell on Thursday, according to FXStreet data. Silver trades at $74.54 per troy ounce, down 4.06% from the $77.70 it cost on Wednesday.
Showing 5501 to 5520 of 5736 entries
