Q1 New Zealand Current Account Deficit Narrows to -4.359bn NZD
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,...
Crude Oil Gains Despite API Stocks Buildup
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...
Netanyahu Criticizes Biden for Suspending US Weapons Supply
Israeli Prime Minister Benjamin Netanyahu has criticized the Biden administration for allegedly withholding weapons transfers to Israel, going against promises made to remove all...
Canada: America’s NAFTA Rival
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...
Phillips 66 (PSX) J.P. Morgan 2024 Energy Conference Transcript
Phillips 66 recently participated in the J.P. Morgan 2024 Energy, Power, and Renewables Conference, where Chairman and CEO Mark Lashier discussed the company's strategy...
2024 US Budget Deficit Estimate Soars to $1.9 Trillion
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...
Investing in AI: Steve Cohen’s Strategic Move into Artificial Intelligence
Steve Cohen, the chairman and CEO of Point72, recently discussed his plans to dive into the world of artificial intelligence (AI) investing during an...
Forex Market Update: Focus Shifts Across the Channel
The foreign exchange market traded without much movement on Tuesday as investors were focused on the potential timing of Federal Reserve rate cuts. Coming...
Fed’s Barkin Optimistic on Inflation, Emphasizes Sustainment and Broadening – Analysis and Outlook
Richmond Federal Reserve President Thomas Barkin recently shared his positive outlook on inflation during a discussion with MNI Webcast. According to Barkin, the current...
US Treasury to Auction $13 Billion of 20-Year Bonds at Top of the Hour
The U.S. Treasury is set to auction $13 billion of 20-year bonds at 1 PM ET today. This auction will be closely monitored as...