The US dollar strengthened against its major counterparts after the release of a robust US labour market report. Non-farm payrolls increased by 172K in May, well above the forecast of 85K, confirming the resilience of Read more…
GBP/USD attempted to move closer to 1.3350 on Tuesday but remained under pressure. The US dollar continues to benefit from strong US labour market data, which reinforced expectations that the Federal Reserve will maintain a Read more…
Markets After the ‘positive shock’ of strong US payrolls on Friday, geopolitics in early post-weekend trade kept yields under upward pressure. An escalation in mutual military actions between Iran and Israel only illustrated the complex Read more…
In focus today Markets continue to balance resilient US economic data against ongoing geopolitical uncertainty in the Middle East. Equity markets were mixed with weakness early in the day, while some indices rebounded as the Read more…
Phone companies can collect some of the most sensitive information about their customers, such as their locations. That happens because cellphones repeatedly connect to nearby cell towers as they operate. The Supreme Court noted that Read more…
Key Takeaways Technology stocks staged a strong rebound, led by semiconductor shares such as Intel and Micron, helping the Nasdaq 100 recover 1.6% despite weak overall market breadth and continued pressure on non-tech sectors. Middle Read more…
China’s trade sector delivered strong performance in May, with exports rising from 14.1% to 19.4% yoy in US dollar terms, beating expectations of 15%. Imports also accelerated from 25.3% to 27.4%, exceeding forecasts and pointing Read more…
Since its $1.9 billion acquisition of Hawaiian Airlines, Seattle-based Alaska Air Group has gotten serious about international expansion. So much, in fact, that it has begun billing itself as America’s “fourth global airline,” with plans Read more…
Silver’s sharp decline this week is about more than rising Fed hike expectations. By breaking decisively below the key $70 level, the metal may have altered one of the market’s most widely accepted assumptions. What Read more…
Australia’s NAB Business Confidence Index improved from -23 to -14 in May, recovering from extremely weak levels as concerns over the economic fallout from the Middle East conflict eased. However, confidence remained firmly negative, highlighting Read more…