Markets
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WTI Oil rebounds as supply tensions overshadow demand concerns
WTI Oil rises 0.40% on Friday after two days of correction, supported by persistent concerns over energy supply disruptions. Iran…
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UoM Consumer Sentiment Index set to ease as inflation, labour market worries loom
The Preliminary Michigan Consumer Sentiment Index is expected to ease to 54.5 from 55.2 in July US consumers’ optimism has…
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Reddit joins the S&P 500, shares surge 12%. From a niche forum to the heart of Wall Street
Key takeaways Reddit will be added to the S&P 500 on August 18, and its shares rose more than 12%…
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Euro Area Shows Signs of Resilience as Trade, Employment and Growth Strengthen
Eurozone Employment Inches Up as Expected The number of employed persons in the Euro Area grew by 0.1% from the…
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Wheat Climbs as Black Sea Supply Risks Mount
Wheat prices climbed more than 2% to above $6.60 a bushel on Friday, bringing weekly gains to over 4%, the…
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DAX Scales New Highs While The FTSE is Set to End The Week Lower
The DAX 40 rose 0.7% to surpass 26,480 on Friday, setting fresh record highs and outperforming its European peers. Solid…
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Chart of the Day – Speculations Around Faster Rate Hikes in Japan — Could USD/JPY Reverse Its Trend?
Key takeaways The BOJ could raise interest rates as early as September, but for the yen, what the central bank…
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European Stocks Hold Near Records
The Stoxx 50 traded flat to slightly higher on Friday, remaining close to record levels and heading for a fourth…
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Nasdaq 100 Back Above 30,000 Points. Gold And Silver Pare Gains
Key takeaways Market sentiment remains mixed: Asian markets ended the session without a clear direction, while Wall Street futures are…
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XAG/USD extends correction as energy supply concerns remain intact
Silver price slumps to near $63.80 as global supply concerns keep inflation projections de-anchored. Traffic through key passages, the the…
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