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Economics

India Services PMI Revised Slightly Upward
The HSBC India Services PMI was revised slightly higher to 57.4 in June 2026 from the preliminary estimate of 57.3…
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Markets

Stock of the Week – Adobe, is AI taking its future away?
Just a few years ago, Adobe was considered one of the best software companies in the world. Its subscription model…
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Markets

AeroVironment jumps 13% on $500M U.S. Army counter-drone contract
AeroVironment shares (AVAV.US) are gaining around 15% after the company announced a $500 million contract with the U.S. Army to…
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Forex

Australian Dollar remains on the front foot vs weaker USD after China Services PMI
AUD/USD attracts buyers for the second straight day as receding Fed hike bets undermine the USD. Spot prices move little…
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Forex

New Zealand Dollar remains firm above 0.5700 after Chinese services PMI data
NZD/USD strengthens to near 0.5705 in Friday’s Asian session. China’s RatingDog Services PMI eased to 54.1 in June, vs 54.4 US…
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Metals

XAG/USD rises above $62.50 as Fed rate hike bets ease
Silver stands to rebound strongly due to a less hawkish Fed, lower inflation risks, and depressed oil prices. Silver prices…
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Metals

Gold advances to $4,200 neighborhood as reduced Fed hike bets keep USD depressed
Gold attracts buyers for the third consecutive day as receding Fed hike bets undermine the USD. Geopolitical uncertainties could limit…
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Forex

AUD/JPY Price – Holds gains near 112.00, but bearish bias persists below key moving averages
AUD/JPY edges higher to near 111.75 in Friday’s early European session. The cross keeps the bearish vibe, with subdued RSI…
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Forex

EUR/USD Price – Trades cautiously higher near mid-1.1400s amid mixed setup
EUR/USD gains positive traction for the second straight day amid a modest USD weakness. Receding bets for an interest rate…
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Forex

GBP/USD Price – Gathers strength above 1.3350, but stays capped below 100-day average
GBP/USD gains ground to near 1.3360 in Friday’s early European session. The major pair remains capped below the key 100-day…
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