Brent crude began the week with a gap higher, breaking above the key $90 psychological level as markets reacted to another round of deteriorating developments in the US-Iran conflict. Reports of US fatalities, a strike Read more…
Key Highlights EUR/USD is facing key hurdles near 1.1500. A rising channel is forming with support at 1.1400 on the 4-hour chart. GBP/USD jumped to 1.3560 before there was a pullback. WTI Crude Oil prices Read more…
The People’s Bank of China left its benchmark lending rates unchanged for a 14th consecutive month today, in line with market expectations, as policymakers balanced slowing domestic growth against heightened external uncertainty. The one-year Loan Read more…
New Zealand’s goods trade surplus narrowed sharply to NZD 23M in June, down from a revised NZD 577M in May, as imports slightly outpaced exports during the month. Compared with a year earlier, however, trade Read more…
Renewed tensions between the U.S. and Iran pushed WTI crude oil sharply higher as traders worried about possible disruptions in the Strait of Hormuz. Higher oil prices also weakened the Japanese yen, helping USD/JPY move Read more…
USDCAD: ⬇️ Sell – USDCAD broke support zone – Likely to fall to support level 1.3550 USDCAD currency pair recently broke the support zone between the key support level 1.4050, support trendline of the daily Read more…
LeBron James has been helpingNike (NKE) sell basketball sneakers for more than two decades. Now he’s giving the company a harsh diagnosis. Speaking at the CNBC x Boardroom Game Plan Summit, James said Nike needs Read more…
Cathie Wood, head of Ark Investment Management, has built a reputation for backing artificial intelligence stocks. But even her highest-conviction holdings aren’t immune to profit-taking. That’s exactly what she’s doing with AMD this week, selling Read more…
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