Stalled US-Iran peace talks and April’s stronger-than-expected jobs report lift the Dollar Index past 98.000. The US Dollar Index (DXY) climbed back above 98.000 as stalled Middle East peace negotiations and robust April Nonfarm Payrolls (NFP) data bolstered demand. Report
BNP Paribas forecasts inflation rising to 3.3% by 2027, prompting two 25 bp ECB hikes next year to 2.5%. Eurozone inflation is projected to rebound to 3.0% in 2026 and 3.3% in 2027, up from 2.1% in 2025, according to economists. This surge is expected to trigger two 25-bas
LONDON, May 11 Online fast-fashion platform Shein accused Temu of copyright infringement "on an industrial scale", while Temu countered that Shein is using litigation to stifle competition, as a trial opened at London's High Court on Monday. The case is part of a global le
France’s President Emmanuel Macron and Germany’s Chancellor Friedrich Merz at a Berlin summit on Europe’s technological sovereignty in November John MacDougall/Getty Images Sovereignty has become the word du jour, but some investors worry that imposing geopolitical constraints...
Luis de Guindos: Deepening financial integration to support Europe's prosperity Keynote speech by Mr Luis de Guindos, Vice-President of the European Central Bank, at the joint conference of the European Commission and the European Central Bank "European Financial Integration...</
Stalled US-Iran negotiations lift WTI and Brent crude prices above $97 and $103, respectively, amid geopolitical uncertainty. Oil prices surged as US-Iran talks hit another snag, with WTI crude rising 2.5% to $97.80 and Brent crude climbing 2.5% to $103.80. Iran’s foreign
Australian Dollar stays subdued as risk aversion offsets China inflation, hawkish RBA AUD/USD trades around 0.7245 on Monday at the time of writing, virtually unchanged on the day after opening the week with a bearish gap. The pair recovers its initial daily losses, but th
AUD/USD trades around 0.7245 on Monday at the time of writing, virtually unchanged on the day after opening the week with a bearish gap. The pair recovers its initial daily losses, but the Australian Dollar (AUD) remains weighed down by renewed risk aversion supporting the
HSBC strategists note Japanese policymakers have intervened to support the Japanese Yen (JPY), with sustainability of gains hinging on Bank of Japan (BoJ) policy, global yields and fiscal headlines. They flag the risk markets see the BoJ as behind the curve if June passes
TOKYO, May 11 Alphabet plans to sell Japanese yen-denominated bonds for the first time, it disclosed in a filing on Monday, as technology giants tap debt markets to fund artificial intelligence infrastructure deployments. The Google parent did not disclose the size of the