Geopolitical risks in the Middle East drive crude higher, pressuring oil-import-dependent currencies like the Indian Rupee. The Indian Rupee traded nearly unchanged at 95.42 against the US Dollar on Wednesday, as escalating US-Iran tensions supported oil prices and clouded
Nearly all surveyed economists expect the Bank of Japan to raise its policy rate to 1% next month amid yen pressure and economic risks. A poll of 70 economists shows 94% expect the Bank of Japan to raise its policy rate to 1% at its June meeting, up from 65% previously. Ne
Japan's May producer prices rose 6.3% year-on-year Japan's producer prices accelerated in May, driven by surging energy and commodity import costs. The 6.3% year-on-year increase exceeded market forecasts of 5.5%. This marks the fastest annual factory-gate inflat
Breakdown of key moving averages signals momentum shift after near three-year rally, pressuring precious metals amid hawkish Fed outlook. Gold prices fell below both the 100- and 200-day moving averages for the first time since October 2023, marking a technical breakdown a
May CPI forecast to rise 0.5% month-over-month The monthly CPI is expected to increase 0.5% in May, following a 0.6% rise in April. The annual reading is forecast to climb to 4.2%, its highest level since May 2023. Core CPI is expected to post a 0.3% monthl
XAU/USD falls to a three-month low as geopolitical risks fuel inflation concerns and expectations of tighter monetary policy. Gold prices dropped below $4,200 during Wednesday’s Asian session, extending losses after breaking the 200-day Simple Moving Average. The decline f
Oil prices increase after US strikes Iranian targets The US launched self-defense strikes against Iranian military targets near the Strait of Hormuz. Brent crude was up 1.03% at $92.39 per barrel, while West Texas Intermediate gained 0.91% to trade at $89.00 per ba
Investors await US inflation figures at 12:30 GMT to gauge potential Federal Reserve policy shifts amid steady USD demand. The EUR/USD pair remains range-bound at 1.1545 in Asian trading, reflecting cautious sentiment before the US Consumer Price Index release. The US Doll
The US Dollar Index rises near 100.00 in Asian trading, supported by safe-haven flows amid escalating geopolitical risks. The US Dollar Index (DXY) advanced toward 100.00 during Asian trading hours, reflecting increased demand for the USD as a safe-haven asset. The move fo
Billionaire investor Tim Draper argues quantum computers will compromise traditional banks before cryptocurrencies like Bitcoin. Billionaire investor Tim Draper stated Bitcoin holdings are more secure than fiat deposits in banks, citing quantum computing as a greater threa
ادخل بحساب جوجل لمشاركة رأيك والتفاعل مع الأخبار — بلا كلمة مرور.
إيميلك يبقى موثّقاً وخصوصيتك محفوظة.