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
WTI holds firm as Strait of Hormuz concerns outweigh sharp US inventory build
West Texas Intermediate (WTI) Oil trades in a narrow range on Wednesday as traders weigh a sharp rise in US crude inventories against persistent supply risks in the Middle East. At the time of writing, WTI trades around $82.20 per barrel, hovering near a one-and-a-half-week high.
Cryptocurrencies price prediction: XRP, Bitcoin & Cryptos – American Wrap 12 August
Bitcoin (BTC) is extending its decline below $64,000 at the time of writing on Wednesday, as Gold (XAU/USD) maintains its breakout momentum, trading near $4,420.
British Pound holds near 1.3500 as CPI relief meets Hormuz risk
The Pound Sterling (GBP) holds firm within familiar levels on Wednesday after the US inflation report was in line with estimates, a relief for the Federal Reserve (Fed), which is laser-focused on tackling higher prices. The GBP/USD pair trades at around 1.3500 after reaching a high of 1.3546.
Australian Dollar slips as US Dollar steadies post CPI
AUD/USD is trading near the 0.7070 zone, holding onto a minority of Wednesday's gains after the pair touched a session high near 0.7090.
Gold & Silver recovery gains momentum, but confirmation is needed; Elliott Wave intraday analysis
It is increasingly possible that the recent correction in metals has ended following the strong rebound in miners, although it is still too early to confirm. We ideally need to see five waves higher from the lows, while so far we have only identified three.
Gold vs Bitcoin Prediction: XAU eyes $4,500 breakout, BTC dips post US CPI data
Bitcoin (BTC) is extending its decline below $64,000 at the time of writing on Wednesday, as Gold (XAU/USD) maintains its breakout momentum, trading near $4,420.
Post-inflation relief supports risk appetite
In-line inflation figures have kept stocks on an even keel and given gold a boost, says Chris Beauchamp, Chief Market Analyst at online trading and investing platform IG.
Singapore Dollar: Strong Singapore growth supports SGD against US Dollar – Commerzbank
Commerzbank analysts highlight that Singapore’s final Q2 GDP was revised up, lifting H1 growth to 6.1% year-on-year and prompting MTI to raise its 2026 GDP forecast to 4.5–5.5%.
New Zealand Dollar struggles as political uncertainty overshadows US inflation
NZD/USD retreats to around 0.5865 on Wednesday at the time of writing, down 0.25% on the day. The New Zealand Dollar (NZD) remains under pressure against the US Dollar (USD), while inflation data from the United States (US) triggers only a limited reaction across the foreign exchange market.
Cooler inflation buys the Dow Jones Industrial Average nothing
The July Consumer Price Index (CPI) landed at 12:30 GMT on every line the consensus had written for it, and the Dow Jones Industrial Average (DJIA) has spent the hours since handing back the few minutes of enthusiasm that followed.
Why is Crude Oil priced for a reopening the ships haven't made?
Fourteen vessels crossed the Strait of Hormuz on Tuesday. Before the war, the count ran near 120 a day.
Japanese Yen pares gains against US Dollar as markets digest US CPI
The Japanese Yen trims its gains against the US Dollar (USD) on Wednesday as in-line US CPI data fails to trigger a significant move. At the time of writing, USD/JPY trades around 159.20 after touching an intraday low of 158.58.
Oil: Tightening supply supports elevated prices – BNY
BNY notes Crude Oil prices remain elevated as doubts over a US–Iran deal heighten supply concerns.
Silver jumps more than 2% after US inflation meets expectations
Silver (XAG/USD) accelerates its advance on Wednesday and trades around $66.00 at the time of writing, up 2.18% on the day.
US Dollar: Bearish momentum extends after CPI – TD Securities
TD Securities strategists note that July US inflation came in broadly in line with expectations, with headline CPI rising 0.1% m/m and core CPI increasing 0.2% m/m.
President Trump says US has "total control" of Hormuz
United States (US) President Donald Trump used a post on Truth Social to declare that the US has "total control" over the Strait of Hormuz on Wednesday., Trump boasted about the American naval presence near the Persian Gulf, which he described as "a wall of steel".
European energy and political risks: Is it too early to talk about 2027?
Absolutely nothing to see here on CPI and now we enter the last few weeks of summer with nothing particularly delicious to chew on. September FOMC is still 50/50 and presumably comes down to the jobs report and CPI reports released September 4 and September 11 respectively.
XRP bears eye break of fragile $1.00 support
Ripple (XRP) is trading within a broadly constrained technical structure, with support at $1.00 and key moving averages limiting its recovery potential. In August, the remittance token declined by approximately 6.5%, extending its total pullback to around 14% from July's $1.18 peak.
Showing 161 to 180 of 5735 entries
