Financial News Editor

We are approaching the end of the second quarter, and while we are still some time away from getting the official GDP numbers, the latest estimates from the Atlanta Fed are showing strength. This...

China has recently resumed buying precious metals, causing a bullish trend in the market. Shanghai Futures Exchange (SHFE) traders are holding large positions in Gold and Silver, while Commodity Trading Advisors (CTAs) are expected...

The Bank of England is set to keep its policy rate unchanged for the seventh consecutive meeting on Thursday. Despite the recent increase in disinflationary pressures in the UK and speculation about two interest...

GBP/USD In the first half of this trading week, the GBP/USD pair has been holding steady above the key range of 1.2700-1.2650, making efforts to continue its upward movement. However, the Bank of England meeting...

The Chairman of the Swiss National Bank, Thomas Jordan, recently discussed the impact of the appreciation of the Swiss franc on monetary conditions. He emphasized that the exchange rate plays a crucial role in...

FX option expiries for June 20 NY cut at 10:00 Eastern Time, via DTCC, can be found below:- EUR/USD: • 1.0600 - 1.9 billion euros • 1.0700 - 2.3 billion...

A Google search for "Frio Cave" in Uvalde County, Texas may make it seem like a tourist hotspot, with millions of Mexican free-tailed bats calling it home. Visitors can witness the breathtaking sight of...

Verizon recently reintroduced its unlimited data plan, which is great news for its customers but not so great for its investors. The company's stock fell nearly 1.5% in early trading on Monday and is...

SweetBunFactory Nova (NASDAQ: NVMI) is an innovative company that specializes in process control for semiconductor equipment applications. This sector is crucial in the AI-driven world we live in today. Nova's stock has been performing...

Iran has criticized Canada's decision to designate Iran's Islamic Revolutionary Guard Corps as a terrorist organization. Foreign Ministry spokesperson Nasser Kanaani called the move "unwise and politically-motivated." He stated that this action by Canada...

Elon Musk attended the Cannes Lions advertising festival in France to address the controversy surrounding his remarks towards advertisers. When asked by WPP CEO Mark Read about his previous comments telling advertisers to "go...

New Zealand's economy showed signs of growth in the first quarter of the year, with a GDP increase of 0.2% quarter-on-quarter, exceeding expectations of 0.1% growth. This growth helped the economy bounce back from...

Bloomberg recently published an article discussing the rise of Hedge Fund Talent Schools and their efforts to cultivate the next generation of leaders in the hedge fund industry. These programs signal a shift in...

Gold Price Reaches One-Week High Amid Fed Rate Cut BetsThe gold price has been on the rise, reaching over a one-week high of around $2,338 as of late. This surge can be attributed to...

Gold prices saw minimal movement during the North American session due to low trading volume. This was attributed to the Juneteenth holiday. However, data from the US indicated a slowing economy, which raised expectations...

During the first quarter of 2024, the Swiss franc has tumbled against most of the G-10 currencies, especially against the US dollar where it underperformed the worst with a current year-to-date intraday loss of...

China's Loan Prime Rates (LPR) decision is set to be announced today by the People's Bank of China. The expectation is for a hold decision, especially after the Medium-term Lending Facility (MLF) rate was...

The Mexican Peso experienced a slight decline against the US Dollar after making gains over the past five trading days. Currently, the USD/MXN pair is trading at 18.41, showing a 0.08% increase. This movement...

Germany's Economy Minister recently discussed the country's complicated relationship with China. He highlighted that China is an important partner for Germany in various fields. However, he also acknowledged that the relationship has become more...

The USD/CAD pair is currently trading in a narrow range but is holding steady above the key support level of 1.3700 during the European session on Wednesday. This consolidation is happening amidst uncertainty surrounding...

Gold prices in India remained relatively stable on Wednesday, with the price per gram standing at 6,250.22 Indian Rupees (INR), almost the same as the previous day's price of INR 6,248.45. Similarly, the price...

Investors are facing challenges due to inflation and uncertainty about Federal Reserve rates, causing market volatility. However, long-term investors can benefit from the insights of Wall Street analysts to make informed decisions and improve...

The recent minutes from the Bank of Japan's meeting on April 25-26 have shed light on the concerns surrounding the impact of the weak Yen on inflation. Board members are keeping a close eye...

The Indian Rupee (INR) saw a decline on Wednesday, despite the weaker US Dollar (USD) in the market. Investors are closely watching the ongoing inflows in India, which might offer some support to the...

Semler Scientific, a lesser-known medical technology company, experienced a significant surge in its shares on Tuesday. This surge came after the company revealed its decision to adopt bitcoin as its primary treasury reserve asset,...

New York Federal Reserve President John Williams recently discussed the state of the US economy in an interview with FOX Business. Williams expressed confidence in the economy, pointing to signs of supply and demand...

The recent data release showing New Zealand's current account deficit narrowing to -4.359 billion NZD has had minimal impact on the NZD/USD trading pair, hovering around 0.6144. The current account is a crucial indicator...

West Texas Intermediate (WTI) US Crude Oil prices have surged above $80.00 per barrel, despite a recent increase in American Petroleum Institute (API) Weekly Crude Oil Stocks. Energy traders seem optimistic about a potential...

Israeli Prime Minister Benjamin Netanyahu has criticized the Biden administration for allegedly withholding weapons transfers to Israel, going against promises made to remove all restrictions on arms deliveries. Netanyahu made these accusations during a...

America and Canada share a significant trade relationship. President Donald Trump recently met with Canada's Prime Minister Justin Trudeau for the first time. During a news conference, Trump praised the trade relationship between the...

The latest update from the Congressional Budget Office (CBO) has projected a significant increase in the U.S. budget deficit for fiscal year 2024. The CBO now estimates that the budget deficit will soar to...

Boeing's CEO, Dave Calhoun, and chief engineer, Howard McKenzie, faced criticism from a Senate panel for the company's safety and quality issues. During a hearing in Washington, they addressed concerns about whistleblower allegations, company...

Steve Cohen, the chairman and CEO of Point72, recently discussed his plans to dive into the world of artificial intelligence (AI) investing during an interview with CNBC on April 3, 2024. Point72, led by...

The foreign exchange market traded without much movement on Tuesday as investors were focused on the potential timing of Federal Reserve rate cuts. Coming up next, the release of UK inflation data before the...

Richmond Federal Reserve President Thomas Barkin recently shared his positive outlook on inflation during a discussion with MNI Webcast. According to Barkin, the current inflationary pressures are starting to ease, suggesting that we may...