SNB Chair Martin Schlegel warned that the Middle East conflict is injecting significant uncertainty into the global economy, with rising energy prices set to push inflation higher in the months ahead. He noted that “the Read more…
Germany’s business sentiment deteriorated sharply in April, with the Ifo Business Climate Index dropping from 86.3 to 84.4, the lowest level since May 2020. The decline reflects broad-based weakness, with both the Current Situation Index Read more…
Key takeaways Pullback driven by geopolitical risk and USD strength: EUR/USD declined ~1.5% from its recent high as stalled US–Iran talks and rising oil prices boosted safe-haven demand for the US dollar. Macro backdrop turning Read more…
Market Overview The cryptocurrency market capitalisation fell by 0.6% over the past 24 hours to $2.59 trillion. Leading the gains are the anonymous Zcash (+9.1%), Theta (+6.2%), and Cosmos (+3.6%). Among the underperformers are Toncoin Read more…
A proposed $425 million settlement involving Capital One is drawing renewed attention after a federal judge approved a revised version that shifts more value toward depositors. Class-action agreements often pass with little scrutiny, leaving customers Read more…
Rising oil prices amid risks to shipping through the Strait of Hormuz have strengthened global inflation expectations. According to the Pentagon, clearing the strait could take at least six months, sustaining uncertainty in commodity markets Read more…
The euro remains under pressure, extending its corrective decline following the previous impulsive rally. Market participants are taking profits and trimming positions ahead of key macroeconomic releases, reducing demand for the single currency and keeping Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal Keeping your home organized can feel Read more…
Daily Pivots: (S1) 214.78; (P) 215.27; (R1) 215.58; More… Intraday bias in GBP/JPY remains neutral and more consolidations could be seen below 215.89. Further rise is expected as long as 213.29 resistance turned support holds. Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal A dependable backpack is one that Read more…