The Pound Sterling underperforms its peers as the preliminary UK PMI unexpectedly contracted in April. Trump is confident of closing bilateral deals with various nations…
Germany’s Manufacturing PMI dropped to 48 in April vs. 47.6 forecast. Services PMI for the German economy fell to 48.8 in April vs. 50.2 estimate.…
The preliminary reading of Australia’s Judo Bank Manufacturing Purchasing Managers Index (PMI) declined to 51.7 in April from 52.1 in March, the latest data published…
USD/CAD falls to near 1.3800 due to a significant weakness in the US Dollar. US President Trump mulls over firing Fed Powell for not cutting…
USD/CAD slumps to near 1.3900 due to a significant weakness in the US Dollar. Market participants start doubting the USD’s credibility due to Trump’s abrupt…
Gold corrects lower after posting impressive gains in the previous week. US announced exemption for electronic devices from reciprocal tariffs. Market mood remains upbeat on…
WTI price slumps to $61.45 in Thursday’s Asian session. The ongoing US-China trade war undermines the WTI price. Crude oil stockpiles in the US rose by…
![Light Crude Oil (CL) is targeting further declines in the near term [Video]](https://editorial.fxsstatic.com/images/i/Commodities_Oil-2_Large.jpg "Light Crude Oil (CL) is targeting further declines in the near term [Video]")
Light Crude Oil (CL) has exhibited a downward trajectory since reaching its high on January 16, 2025, with indications suggesting further declines ahead. The descent…
Germany’s industrial sector returned to contraction in February, according to the latest data published by Destatis on Monday. In the Eurozone’s economic powerhouse, Industrial Output…
The Dow Jones is struggling to find its feet after steep overnight losses. US equities have taken a haircut after the Trump administration’s tariff announcements. …