Markets
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Economic Calendar: Will Today’s NFP Data Send Wall Street Plummeting
Market sentiment at the start of the session The market opened Thursday clearly influenced by a global rotation out of…
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Tech Sell-off in Korea, Yen Hits 40-Year Low Ahead of NFP
Asian trading was dominated by a violent rotation out of AI/tech stocks, hitting the KOSPI and Nikkei well before the…
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Iron Ore Rebounds on China Supply Restrictions
Iron ore futures climbed above CNY 740 per ton, recovering from one-year lows after China’s state-backed buyer moved to restrict…
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Historic Ruling in Europe – Google Hit With Record Damages Award
A Swedish court has ordered Google to pay Klarna, through its subsidiary PriceRunner, approximately $1.5–2 billion in damages in an…
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Fed Warsh tones down the hawkish sentiment and gives hope gold bulls
Wednesday marked the most important event related to the ECB economic symposium in Sintra, Portugal. Today, a panel discussion featured…
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Memory as the Foundation of Modern Cars. Micron and General Motors Sign Strategic Agreement
Micron and General Motors have entered into a long-term agreement for the supply of semiconductor memory used in the American…
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Warsh still uncomfortable with inflation rate, as Meta surges
The first major event risk of the week is now out of the way. Kevin Warsh spoke at the ECB’s…
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United States Dollar Index trades subduedly around 101.35 ahead of US NFP data
The US Dollar Index edges down to near 101.35 ahead of the US NFP data for June. Investors will closely…
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XAU/USD trades with positive bias on softer USD; Fed hike bets cap gains ahead of US NFP
Gold trades with a positive bias for the second straight day amid a modest USD downtick. Elevated Fed hike bets…
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Asian Stocks Fall on Tech-Led Selloff
Asian equity markets declined on Thursday, tracking a technology-led selloff on Wall Street overnight amid lingering concerns about the sustainability…
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