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Reuters

Gulf oil exports jump in June on record UAE flows - Reuters

Gulf oil exports surged to 3.2 million barrels per day (bpd) in June, driven by record shipments from the UAE, according to Reuters. The UAE's exports hit 1.8 million bpd, the highest since 2019, while Saudi Arabia maint...

FXStreet

Euro: Slightly reduced upside as policy paths diverge – ABN AMRO

ABN AMRO analyst Bill Diviney forecasts a broader weakening of the US Dollar but highlights reduced upside potential for the EUR/USD pair. This adjustment stems from the bank’s revised outlook on the European Central Ban...

Investing.com

Better growth won’t help European stocks, BofA says

Bank of America (BofA) has warned that improved economic growth in Europe may not translate into stronger equity market performance. The bank’s analysis highlights structural challenges such as high public debt, demograp...

LeapRate

Standard Chartered Becomes First G-SIB to Offer Integrated USDC Access

Standard Chartered has introduced a groundbreaking service enabling institutional clients to mint and redeem USDC directly, a first for a Global Systemically Important Bank (G-SIB). Partnering with Circle, the issuer of...

FXStreet

Japanese Yen holds steady amid US Independence Day holiday

The USD/JPY pair recorded minor gains on Friday as trading volumes remained subdued due to the US Independence Day holiday. The US Dollar found support against the Japanese Yen after a significant drop on Thursday, trigg...

Finance Magnates

Weekly Wrap: Event Contracts Are Binary Options in the EU; cTrader’s US Prop Exit

The European Securities and Markets Authority (ESMA) has clarified that event contracts, often marketed as prediction markets, may still fall under the EU’s ban on binary options for retail investors. This ruling, issued...

Investing.com

Largest US power grid PJM escalates emergency actions to avoid blackouts

PJM Interconnection, the largest power grid in the United States, has escalated emergency measures to prevent widespread blackouts amid surging electricity demand driven by a heatwave. The grid operator, which serves 65...

FXStreet

Chinese Yuan: Bulls extend gains on PMI resilience – Societe Generale

Societe Generale highlights that China's Purchasing Managers' Index (PMI) data, which came in stronger than expected, indicates slow but consistent economic growth. This reduces the immediate need for the People's Bank o...

FXStreet

Copper: Tariff risks and Chile supply strain – Commerzbank

Commerzbank analyst Norman Liebke highlights growing concerns over a potential 15% US import tariff on refined copper, which could temporarily boost US demand and prices if implemented in 2027. The report also cites supp...

FXStreet

Chinese Yuan: Range trade bias stays neutral against US Dollar – UOB

UOB analyst Quek Ser Leang observes a slight downward momentum in the USD/CNH pair but anticipates continued range-bound trading. The bank has adjusted its intraday target range to 6.7820–6.7940 and maintains a neutral s...

Investing.com

Heat wave disrupts Fourth of July events across eastern US

A severe heat wave has disrupted Fourth of July celebrations across the eastern United States, with temperatures soaring above 100°F in several states. The extreme weather has led to canceled outdoor events, strained ene...

FXStreet

Forecasting the upcoming week: US Dollar's resilience faces Fed minutes and jobless claims

The upcoming week will see renewed focus on the US Dollar as investors return from the Fourth of July holiday and analyze recent weaker-than-expected US labor market data. Key events include the Federal Reserve's policy...

CoinDesk

This sanctioned Russian stablecoin claims it processes billions, but blockchain analysts disagree

The Russian ruble-backed stablecoin A7A5 claims that crypto data providers are underreporting its trading volumes, asserting it processes billions in transactions. However, blockchain analytics firms dispute these claims...

FXStreet

Singapore Dollar: Seen consolidating in range against US Dollar – Commerzbank

Commerzbank has highlighted that strong manufacturing and electronics PMI data from Singapore support a positive growth outlook for the country. The bank expects Q2 GDP growth to surpass the 6% expansion recorded in Q1 2...

Cointelegraph

US senator calls for ban on elected officials issuing memecoins

Senator Kirsten Gillibrand has proposed a regulatory measure to prohibit members of the U.S. Congress, the president, and their spouses from issuing or endorsing their own digital assets, including memecoins. The initiat...

FXStreet

Gold price climbs as weak NFP cool Fed hike bets

Gold prices surged over 1% following the release of weaker-than-expected U.S. Nonfarm Payrolls (NFP) data, which dampened expectations of aggressive Federal Reserve rate hikes. The XAU/USD pair reached $4,174 after rebou...

FXStreet

NZD/USD Price Forecast: Rebounds above 0.5700, bears guard 0.5750

The New Zealand Dollar (NZD) has rebounded above the 0.5700 level against the US Dollar (USD) on Friday, gaining over 0.22% after touching a daily low of 0.5689. As of the latest update, the NZD/USD pair is trading at 0....

LeapRate

Pepperstone Names Reed Sayer as New Head of UK

Pepperstone, a global online trading broker, announced the appointment of Reed Sayer as its new Head of UK. Sayer brings over a decade of experience in financial services, having previously served as Head of UK Sales at...

FXStreet

Silver Price Forecast: XAG reclaims $60 as RSI recovery targets $65 breakout

Silver prices (XAG/USD) have rebounded above $60 for two consecutive days, marking a weekly gain of over 5.5% and reaching an eight-day high of $62.89. The recovery follows a weakening U.S. Dollar and a technical rebound...

CoinTelegraph

Donald Trump says ‘nothing wrong’ with $1.4B crypto windfall while in office

US President Donald Trump disclosed earning over $1.4 billion from cryptocurrency investments while in office, amid ongoing legislative debates in Congress about digital asset regulations and a potential ban on central b...