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Breaking news

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WTI Price Forecast: WTI stalls below $63, pressured by oversupply risks and weak fuel demand

West Texas Intermediate (WTI) crude oil prices retreat on Wednesday after two straight days of gains.
New
update2025.06.05 03:35

Dow Jones Industrial Average flattens after cautionary ADP jobs print

The Dow Jones Industrial Average (DJIA) remained largely unchanged on Wednesday after bullish investor sentiment was stymied by a softer-than-expected ADP jobs print. Overall market momentum is cooling off as indexes hit a lull between trade war headlines.
New
update2025.06.05 03:17

USD/JPY weakens as the safe-haven Yen benefits from a softer US Dollar

The Japanese Yen (JPY) is gaining ground against the US Dollar (USD) on Wednesday, following a series of economic data releases and rising trade tensions, which have contributed to Yen appreciation.
New
update2025.06.05 02:53

USD/CAD weakens as BoC holds rates, US data disappoints

The Canadian Dollar (CAD) extends its advance against the US Dollar (USD) on Wednesday after the Bank of Canada (BoC) held interest rates steady, aligning with market expectations.
New
update2025.06.05 01:53

Gold price surges on weak US ISM report; trade tensions boost safe haven demand

Gold price rallied over 0.80% on Wednesday during the North American session. The release of weaker-than-expected economic data from the United States (US) pushed XAU/USD higher as business activity softened and the jobs market added fewer people to the workforce.
New
update2025.06.05 00:59

AUD/USD rebounds as US Dollar slips on soft jobs, ISM data

The Australian Dollar (AUD) appreciates against the US Dollar (USD) on Wednesday, shrugging off softer-than-expected domestic GDP data as the Greenback retreats following disappointing US employment and ISM Services PMI figures.
New
update2025.06.05 00:23

EUR/CAD steadies as Bank of Canada holds rate steady at 2.75%

EUR/CAD is trading flat in the early hours of the American session on Wednesday after the Bank of Canada (BoC) announced its decision to leave interest rates unchanged at 2.75%.
New
update2025.06.04 23:56

US ISM Services PMI drops to 49.9 in May vs. 52 expected

The business activity in the US service sector contracted slightly in May, with the Institute for Supply Management's (ISM) Services Purchasing Managers Index (PMI) dropping to 49.9 from 51.6 in April. This reading came in below the market expectation of 52.
New
update2025.06.04 23:06

Global PMIs: Front-loaded factory output unwinds - Standard Chartered

Manufacturing PMIs deteriorated at a faster rate in May versus April amid fading boost from front-loading. Coincident indicators were downbeat, but the US-China tariff truce helped to improve outlook.
New
update2025.06.04 22:45

Indian Rupee weakens for the second day as PMI disappoints, focus shifts to US data

The Indian Rupee (INR) weakens against the US Dollar (USD) for the second straight day on Wednesday, as a firmer Greenback and disappointing Indian PMI figures weigh on sentiment.
New
update2025.06.04 22:24

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