Breaking news from trusted financial sources. Central bank decisions, economic data releases, and expert analysis.
Citigroup has increased its third-quarter Brent crude price forecast, acknowledging prolonged geopolitical issues affecting oil supply.
Japan's current account unexpectedly recorded a deficit in June, reversing from a surplus as import growth outpaced exports.
Bitcoin and Ethereum demonstrate resilience as bulls defend crucial support levels, while XRP seeks to rebound after recent declines.
Gold (XAU/USD) prices eased from recent highs at the start of the week, influenced by a strengthening US dollar, yet maintained crucial support.
Asian technology stocks surged as markets scaled back expectations for Federal Reserve interest rate hikes, with South Korea's Kosdaq triggering a circuit breaker.
Japan's current account surplus in June significantly undershot economist forecasts, driven by a narrowing trade surplus and increased primary income outflows.
Major Australian banks anticipate the Reserve Bank of Australia will maintain its current interest rate, influenced by recent inflation figures.
China's substantial oil reserves are currently absorbing significant Middle Eastern supply disruptions, preventing a broader market price surge.
China's central bank established the yuan's daily reference rate and injected liquidity into the financial system via reverse repos.
A summary of the Bank of Japan's July meeting reveals discussions among board members about potentially accelerating interest rate increases.
China's central bank sets daily USD/CNY reference rate, a key indicator for the yuan's trading band and market sentiment.
Japan recorded a trade deficit of ¥135.2 billion in June, a significant shift from the surplus observed in the prior month.
Japan recorded a ¥-92.3 billion current account deficit in June, significantly missing expectations for a surplus.
Goldman Sachs maintains a positive outlook on stocks, projecting crude oil to decline below $70 a barrel by year-end.
Japanese bank lending growth slowed to 5.4% year-over-year in July, falling short of analyst projections.
UBS reaffirms its long-term gold price forecast of $5,000, despite acknowledging potential headwinds in the immediate future.
Recent developments in the Middle East, including a rejected Gaza plan, influence oil's risk premium amidst Strait of Hormuz concerns.
Australia's central bank is widely expected to maintain its current interest rate, with market attention on updated economic projections.
Global stock markets experienced a robust week, extending gains despite emerging signs of a less buoyant employment landscape.
Thursday saw a market correction where the technology sector demonstrated resilience, outperforming the S&P 500 by the close.
A recent unconfirmed report of a tanker strike near Oman could significantly impact global oil supply and market stability.
Iran's Revolutionary Guard maintains a firm stance on the Strait of Hormuz, while Houthi actions escalate Red Sea shipping risks.
Newmont's stock performance has attracted analyst attention, with recent price action suggesting potential for further upside if key resistance levels are surpassed.
Former President Trump commented on the Strait of Hormuz situation, highlighting economic pressure on Iran amid internal power struggles impacting oil prices.
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