State-owned refiners freeze prices following an 8.6% April increase amid tighter supply and airline pressure. Indian state-owned refiners have frozen domestic jet fuel prices after airlines requested relief from recent hikes. The move follows an 8.6% price increase in Apri
Citi projects real-world asset tokenization could surge from $17 billion to $5.5 trillion within six years, driven by adoption in Treasuries and equities. The real-world asset tokenization market may expand from $17 billion to $5.5 trillion by 2030, according to new projec
The Canadian Dollar declines for a second day as safe-haven USD demand and a dovish Bank of Canada tone lift the pair to 1.3810. USD/CAD climbs to 1.3810 in early European trading, extending gains for a second consecutive session. The move is driven by a stronger US Dollar
May’s reading missed forecasts, signaling weaker-than-expected growth in Spain’s factory sector amid easing momentum. Spain’s manufacturing Purchasing Managers’ Index dropped to 51.2 in May, below the 52.0 consensus forecast. The reading indicates a slower expansion in fac
XAU/USD falls toward $4,500 as a firmer dollar and hawkish Fed expectations offset geopolitical risks. Gold prices retreated early Monday, extending Friday’s pullback from near $4,600 as a stronger US dollar and hawkish Federal Reserve expectations pressured the metal. XAU
The Australian Dollar falls against the USD amid heightened geopolitical tensions in the Middle East, pressuring risk-sensitive assets. The AUD/USD pair retreated to 0.7180 in early European trading on Friday, extending losses below the 0.7200 mark. Escalating Middle East
Geopolitical tensions and softer domestic data reduce expectations for a June RBA rate hike, pressuring the Australian Dollar. The AUD/USD pair retreated to around 0.7180 in early European trading Friday, driven by escalating Middle East tensions that dampened appetite for
Geopolitical tensions and softer domestic data reduce expectations for a June RBA rate hike, pressuring the Australian Dollar. The AUD/USD pair retreated to around 0.7180 in early European trading Friday, driven by escalating Middle East tensions that dampened appetite for
Switzerland's first-quarter GDP rose 0.7% quarter-on-quarter, exceeding the 0.6% consensus estimate and revised prior of 0.2%. Switzerland’s economy expanded 0.7% in the first quarter from the previous three months, outpacing the 0.6% growth forecast by economists. The pri
Silver prices rise as traders bet on a potential US-Iran agreement, easing geopolitical tensions and boosting demand for non-yielding assets. Silver (XAG/USD) advanced 0.5% to $75.75 in European trading Monday, driven by hopes of a US-Iran peace deal. US President Trump in
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