The Brazilian real strengthens as expectations of a dovish Fed policy rise. Learn about the market implications and key factors influencing the performance of BRL.
The New Zealand dollar (NZD) appreciated to $0.611 against the US dollar (USD) as soft labor market data and weaker-than-expected services activity in the US fueled speculation about potential Federal Reserve rate cuts later in the year.
Key points Nikkei firms toward March top, S&P 500 futures steady. Markets, sterling calm as the UK heads to polls. Odds narrow on a September Fed cut after soft data. Asia stocks soared to a 27-month high on Thursday, driven …
The dollar faced pressure on Thursday following U.S. economic data that indicated slowing growth. Despite this, the yen remained weak, pinned near a 38-year low, prompting concerns about possible government intervention.
Nasdaq composite reaches a record high driven by AI advancements. Markets focus on insights from the upcoming earnings season.
The USDSGD currency pair is bound in a range on expectations of the US ISM services PMI and the non-farm payrolls report, scheduled for later today and Friday respectively.
Japan’s Nikkei share average rose by 0.81% on Wednesday to reach 40,398.35 as of 0142 GMT, continuing the momentum from its 0.38% higher opening.
Gold prices saw a modest rise on Wednesday, gaining 0.1% to $2,331.41 per ounce by 0026 GMT, while U.S. gold futures rose 0.3% to $2,340.50. This increase comes as the U.S. dollar weakened, making gold more affordable for holders of …
Key Points: Copper prices consolidate around $4.38 per pound with high production and weak demand. The manufacturing PMI contraction in China signals potential economic slowdowns, dampening copper demand. Short-term volatility in copper prices is expected due to the current economic …
Key points: Brent crude oil rose to $86.80 per barrel, while WTI crude oil climbed to $83.51 per barrel. Increased US travel demand for the Independence Day holiday and potential interest rate cuts are supporting prices. Concerns over Hurricane Beryl …
Official partners:
