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Prices found modest support from a shallower-than-expected crude draw, which traders read as a sign supply is stabilizing rather than tightening

U.S. stocks closed higher on Wednesday as softer-than-expected inflation data reinforced expectations for additional Federal Reserve rate cuts this year. Treasury

Trump on FOX Business: Iran wants to meet. They want to make a deal. But plans for more military operations.US military

It's a sparse calendar today, Musalem the highlight. He has taken a hawkish stance heading into mid-2026. In late May, he

Trump is speaking on FOXBusiness and says: Oil prices will yo-yo for a while.Thinks inflation at year end will be lower

US US military strikes Iran (again)At 3 PM, US forces launched operations for a second wave of strikes today against Iran.US

Crude oil is settling at $79.60, up $0.26 (0.33%) on the day after trading in a relatively wide range. Sellers pushed

Economic activity increased at a slight to moderate pace in 11 of the 12 Federal Reserve districts during late May and

Iranian Parliamentary Speaker Qalibaf is on the newswires and says: We have never welcomed war, but we must always be ready

The EURUSD has extended its rally, climbing to a new session high of 1.1456 as the U.S. dollar remains under pressure

Fed reserve Gov. Lisa Cook is speaking and says:It is prudent to wait a bit longer for inflation to slow, but is prepared

The major US stock indices are now into negative territory after giving up the earlier gains on the better-than-expected PPI data.A snapshot

White House reportedly weighing an additional extension of Jones Act waivers as renewed Iran conflict stirs price fearsThe Jones Act is

The 2nd day of testimony takes Fed chair Warsh in front of the  Senate Banking Committee. There will be a lot of

The FT is reporting that Shabana Mahmood is set to become Britain's next Chancellor of ExchequerShabana Mahmood is viewed as a fiscally disciplined,

Soft US Inflation Gives Fed Time While Oil Surge Puts ECB Back Under Pressure

The Federal Reserve has been handed valuable breathing room by two consecutive downside inflation surprises, but the same cannot be said

Silver Risks Falling to $50 as Dollar Holds Firm and Solar Demand Shifts

Silver’s recovery lost momentum below the $60 mark this week despite softer-than-expected US inflation, highlighting a macro backdrop that has become

USD/CAD to Test Key Support Around 1.4 as Three Tailwinds Boost Loonie Ahead of BoC

By the time the Bank of Canada announces its policy decision today, the Canadian Dollar has already built a powerful foundation

Soft CPI Overpowers Oil Shock as Dollar Retreats and Fed Gets Breathing Room

Dollar fell broadly in early trading after June CPI delivered a much larger-than-expected downside surprise, shifting market attention away from escalating

AUD/NZD Tests Double Top Breakdown as RBNZ’s Conway Revives Faster Tightening Bets

Only a week after the Reserve Bank of New Zealand suggested lower oil prices would help ease inflation, one of its

Gold Slides as Oil Surges and Fed Hike Bets Build, Leaving $4,000 Increasingly Vulnerable

Gold is finding itself squeezed by two markets moving in the same direction. Oil is rebuilding inflation fears, while the Federal

Dollar Stalls Despite Iran Escalation Ahead of Critical CPI and Fed Warsh Testimony

Escalating conflict in the Middle East would normally be enough to send the Dollar sharply higher. Instead, markets hesitated. Brent crude

Markets Ran Ahead of Tokyo: Yen Weakens as GPIF Expectations Meet Reality

Markets Ran Ahead of Tokyo: Yen Weakens as GPIF Expectations Meet Reality Markets spent Friday pricing in a structural shift. Monday

Brent Oil May Target $85 If US-Iran Escalation Pushes It Through $80

Brent is again approaching level that has repeatedly separated geopolitical noise from a genuine oil-market shock. After jumping above $79 on

Yields Break First as Markets Wait for Inflation Confirmation

Last week delivered no shortage of market-moving headlines, yet remarkably few decisive market moves. Investors had to navigate renewed US-Iran tensions,

Markets Stay in Wait-and-See Mode as Canada, Japan and Oil Offer No Breakthrough

Currency markets is heading to the end of the week on a subdued note as a series of developments across Canada,

Yen Jumps as Markets See Katayama’s Pension Fund Push as Structural Fix for Currency Weakness

Yen strengthened broadly today after Japanese Finance Minister Katayama said Tokyo wants to encourage pension funds, including the Government Pension Investment

NZD Leads on Growth Optimism While CAD Awaits Jobs Test

New Zealand Dollar outperformed across the board today after a much stronger-than-expected manufacturing survey reinforced confidence that the economy is gaining

GBP/CAD Hits Decade High as USMCA Shock Adds New Driver Ahead of Jobs Data

GBP/CAD climbed to its highest level in a decade this week, reflecting an increasingly powerful divergence between a Pound supported by

Gold and Silver Bears Need One More Trigger: Brent Above $80

Gold and silver have lost the momentum generated by their recent rebounds, but sellers have yet to secure the decisive breakdown

Data source: FXStreet, Finance Magnates, DailyFX, Investing.com, Forexlive and Action Forex
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