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Forexlive

Economic and event calendar in Asia 01 July 2026. China manufacturing PMI coming up, again

China's manufacturing sector data remains a focal point for global markets as the country releases its private-sector PMI (Rating Dog/S&P Global) following the official NBS PMI. The official PMI for June rose to 50.3, in...

Finance Magnates

Poland Added a Record 700K Retail Accounts. Here's the Case for Basing a CFD Business There

Poland has set a record annual increase in brokerage accounts, reaching 2.86 million in May 2026, with XTB leading the market by surpassing 1 million domestic accounts. This growth is driven by lower labor costs (40-60%...

Forexlive

US VP Vance says ready to drop bombs on Iran again

US Vice President Vance stated that former President Trump is prepared to conduct military strikes against Iran again, referencing past tensions between the two nations. The comments come amid ongoing geopolitical uncert...

FXStreet

Gold rises above $4,000 yet poised for an 11% monthly loss

Gold prices (XAU/USD) rose 0.35% on Tuesday, pushing above $4,000, but remain on track for an 11% monthly decline after retreating from intramonth highs near $4,500. The decline is attributed to sustained strength in the...

FXStreet

Forex Today: US Dollar neutral as Fed rate hike bets stay alive

The US Dollar Index (DXY) remained near 101.20 as traders balanced mixed US economic data with hawkish signals from Federal Reserve officials. Recent data showed conflicting trends—stronger-than-expected jobless claims v...

FXStreet

USD/CHF Price Forecast: US Dollar holds key support, bulls eye YTD high

The USD/CHF pair is currently trading near 0.8070, maintaining key support after a 0.29% decline on Monday. The pair's resilience is attributed to broader US Dollar weakness driven by month-end flows and improved risk ap...

Investing.com

Exclusive-South Bow, Bridger to develop new pipeline project from Wyoming to Cushing, Oklahoma

South Bow and Bridger have announced plans to develop a new pipeline project connecting Wyoming to Cushing, Oklahoma, a critical hub for U.S. oil storage and distribution. The project aims to enhance oil transportation i...

Forexlive

GBPUSD buyers cannot keep the momentum to the upside going

The GBPUSD pair has shown mixed price action today, with buyers initially pushing the currency above the 38.2% retracement level of its recent decline but failing to sustain the rally. After testing the 200-hour moving a...

InvestingLive

Crude oil buying runs out of steam. The price moves back below its 100 hour moving average

Crude oil prices fell below the 100-hour moving average after a failed attempt to break above it, signaling continued bearish momentum. The price dropped $1.25 to $69.50, reversing from a session high of $71.60. Despite...

FXStreet

BoE’s Bailey: “We have time to judge the pass-through of higher energy prices”

Bank of England Governor Andrew Bailey stated that policymakers have sufficient time to evaluate the economic impact of rising energy prices on the UK. He emphasized that financial conditions have already tightened, sugg...

FXStreet

NZD/USD Price Forecast: Recovery faces resistance at 0.5700

The New Zealand Dollar (NZD) rose against the US Dollar (USD) on Tuesday, driven by improved business confidence data from New Zealand and a slight retreat in the Greenback. At 0.5677, NZD/USD gained 0.5% as traders reac...

Argaam

‎Saudi banks’ aggregate profit grows 8% to SAR 8.78B in May

Saudi banks' combined profit rose 8% year-on-year to SAR 8.78 billion in May 2024, driven by improved loan growth, higher interest rates, and strong fee income. The increase follows a 6.5% profit growth in April, signali...

Argaam

‎SAMA’s assets shrink SAR 12.1 to SAR 1.93T in May

Saudi Arabia’s Central Bank (SAMA) reported a decline in its total assets by SAR 12.1 billion in May, bringing the total to SAR 1.93 trillion. The reduction was primarily attributed to adjustments in foreign exchange res...

FXStreet

XAG/USD Price Forecast: Silver breathes as US Dollar falls

Silver prices (XAG/USD) have shown a rebound, reaching $60 per ounce during the North American session, after hitting a low of $56.61 earlier in the day. The move follows a broader trend where commodities are inversely c...

FXStreet

Australian Dollar Price Forecast: The 200-day SMA holds the downside… for now

The Australian Dollar (AUD/USD) recently tested its critical 200-day Simple Moving Average (SMA) before reversing direction, but remains trapped in a consolidation phase without a clear catalyst to drive sustained streng...

Investing.com

Northwest European gasoline margins hit four-year high

Gasoline margins in Northwest Europe have surged to a four-year high, driven by a combination of strong demand recovery and constrained supply. Refiners are benefiting from higher refining spreads as crude oil prices sta...

FXStreet

Euro trims losses against the US Dollar, but Fed rate-hike bets keep gains in check.

The Euro (EUR) partially recovered against the US Dollar (USD) on Tuesday as month-end repositioning activities reduced pressure on the Greenback. Despite upbeat US economic data, EUR/USD stabilized near 1.1415 after tou...

FXStreet

Japanese Yen extends its fall as US-Japan rate gap underpins US Dollar

The Japanese Yen (JPY) continued its decline against the US Dollar (USD) as the widening interest rate differential between the Federal Reserve (Fed) and the Bank of Japan (BoJ) strengthened the USD. At 162.65, the USD/J...

Argaam

‎CMA OKs AlManhal’s 900,000 share offering on Nomu

The Saudi Capital Market Authority (CMA) has approved AlManhal Co.'s initial public offering (IPO) of 900,000 shares, representing 15% of its capital, on the Nomu-Parallel Market. The offering is restricted to qualified...

FXStreet

Australian Dollar advances as hawkish RBA Minutes meet firmer US confidence data

The Australian Dollar (AUD) climbed against the US Dollar (USD) following the release of the Reserve Bank of Australia (RBA) meeting minutes, which hinted at a potential rate hike due to persistent inflationary pressures...