Category: Business

The euro slipped below 1.1630 against the US dollar following the European Central Bank’s decision to raise interest rates for a second time since the Middle East conflict began. The pair touched an intraday low near 1.1596 earlier in the week before stabilising around 1.1615, as investors weighed competing forces from both sides of the...

The Australian dollar steadied around 0.7150, consolidating near multi-week highs as hawkish rhetoric from Reserve Bank of Australia officials reinforced expectations of a near-term rate hike. AUD/USD traded within a tight 0.7196 to 0.7226 range in recent sessions before pulling back as risk sentiment soured on escalating Middle East tensions. Brokers from Financial Real Time...

The Japanese yen strengthened past the 154.00 mark against the US dollar, recovering from the session’s weakest levels as competing monetary policy signals from Tokyo and Washington created a tug-of-war across the pair. USD/JPY fell to 153.70, down 0.16% from the prior session, with the yen gaining support from rising expectations of further Bank of...

Brent crude oil prices surged past $108 per barrel, reaching their highest level since mid-May as escalating military confrontations in the Persian Gulf reignited fears of prolonged disruptions to global energy supply. The international benchmark gained more than 3.4% in a single session earlier this week, with WTI crude also climbing to settle near $96....

Gold dropped sharply this week, dropping below the $4,350 mark as higher US producer price data reinforced market expectations of a FRS rate hike at the upcoming policy meeting. The precious metal, which had already been under pressure from rising Treasury yields and a firmer dollar, saw its third consecutive weekly decline. Despite the near-term...

With Medical Properties Trust Inc (NYSE: MPT) set to enter its next distribution cycle, equity investors with an income bias are taking a hard look at the trust’s payout arrangements. The healthcare REIT has put market focus on its historical patterns and the sustainability of its cash flow by way of a recent $0.09 per...

Precious metal markets are demonstrating notable resilience, with Gold (XAU-USD) holding firm above the $4,400 threshold following a rebound from recent weekly lows near $4,350. Bullion buyers are closely evaluating incoming macroeconomic catalysts, specifically focusing on forthcoming United States inflation metrics, including the Producer Price Index and Consumer Price Index reports. While shifting currency valuations...

Participants in the financial markets across the digital asset sector are keeping a close eye on the legislative developments surrounding the CLARITY Act (NASDAQ: COIN) and the broader dynamics of the cryptocurrency market. Recently, the leadership of the federal treasury issued a warning to lawmakers, stating that if they did not move forward with landmark...

With federal regulators turning up the heat on Fox Corporation (NASDAQ: FOXA) and Roku Inc. (NASDAQ: ROKU), trading desks on Wall Street are taking a fresh look at their enterprise exposure in digital entertainment. The matter has been made more of an issue by antitrust authorities putting out a secondary request for documents on the...

With corporate leaders drawing attention to deep-seated economic vulnerabilities of the long term, demographers and institutional financial planners have their eyes on the changing shape of population pyramids. The chief executive at TSLA was recently among those to put a spotlight on the worldwide worry over falling birth rates, citing figures that show older people...