Silver price advances for the second straight day and hits a three-day high above $59.00mid growing speculation of intervention in the foreign exchange markets, to boost the Yen, and weaken the Greenback. At tht time of…
Iranian Parliament Speaker Mohammad Bagher Ghalibaf said that the United States (US) will pay the price for killing Iranian civilians, Aljazeera reported on Thursday.
MUFG’s Lloyd Chan highlights that Malaysia’s solid growth, low inflation and prudent policy are supporting the Ringgit, but rising domestic political risks could drive USD/MYR in coming months. Despite strong external d…
TD Securities’ Senior Asia Economist Alex Loo assesses the July Politburo meeting, noting no major new stimulus despite acknowledged growth challenges. The focus is on fiscal execution, accelerating spending and bond us…
Bosses should not rely so heavily on virtual job interviews when hiring as they don't capture candidates' personality and passion, Andy Burnham has said.
Commerzbank Research notes that USD/KRW has fallen to its lowest level since February as South Korean authorities tighten rules on leveraged ETFs to curb Kospi volatility. Expectations of further Bank of Korea (BoK) tig…
The US Dollar (USD) falls sharply during the American session on Thursday after United States economic growth missed expectations and underlying inflation moderated. Additional pressure comes from a sudden surge in the …
Silver prices advance toward $58.80 per ounce on Thursday, gaining around 1.7% as softer United States inflation data and weaker-than-expected economic growth place pressure on the US Dollar.
Prime Minister Andy Burnham will give all mayors of city regions in England a share of income tax revenue for the first time, as part of his drive to transfer power from Westminster to local leaders.
Crude Oil is lower on Thursday even as the war that sets its price reached a country it had spared for five months. WTI trades just above the $82.00 handle, down more than 1.5%, and Brent holds just above $86.50 with a …
Gold price advances some 0.92% on Thursday after the US Dollar drops following a suspected intervention in the foreign exchange markets, with the Japanese Yen hitting a near two-month high versus the Greenback. The XAU/…
USD/CAD extends its decline on Thursday, slipping to a six-week low as the US Dollar (USD) weakens across the board following a sharp rally in the Japanese Yen (JPY). At the time of writing, the pair trades around 1.399…
The US Dollar Index (DXY) tumbles on Thursday as a sharp surge in the Japanese Yen (JPY) fuels speculation that Japanese authorities intervened to support the currency. USD/JPY plunged nearly 480 pips, falling below the…
The Pound Sterling registers gains versus the US Dollar after the Bank of England decided to hold rates unchanged, in a 6-3 vote, while suspected intervention to propel the Japanese Yen weakened the Greenback against mo…
Zcash activated its Ironwood upgrade, sealing roughly $1.7 billion in ZEC behind a one-way turnstile after a researcher found a flaw that could have minted counterfeit coins. Here’s everything you need to know. Plus, on…
The Bank of England has kept UK interest rates on hold as it warned that a further escalation in the Iran war could drive inflation above 4% next year, adding to cost of living pressures on households.
TD Securities strategists highlight that the Bank of England (BoE) kept Bank Rate at 3.75% with a 6-3 split, signalling slightly more hawkish rhetoric but continued comfort with existing tightening. The July Monetary Po…
AUD/USD trades around 0.7010 on Thursday at the time of writing, up 0.82% on the day as broad-based US Dollar (USD) weakness outweighs the negative impact of softer Australian inflation.
The rebound in United States equities on Thursday is real, and it is one name deep. The NASDAQ 100 (NDX) trades near 27,950 after a gain of almost 3%, having printed its lowest level in two months in the 27,200 area ins…
Rabobank’s Teeuwe Mevissen highlights that China’s Gross Domestic Product (GDP) growth undershot expectations in Q2, with persistent headwinds from weak domestic demand and a deepening real estate crisis. The report arg…
Andy Burnham has said he will take a “pragmatic” approach to oil and gas drilling in the North Sea, saying the government could not ignore the potential energy resources it holds.
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