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FXStreet

USD/JPY Price Forecast: Bulls move in as pair bounces toward 158.00

The USD/JPY pair has shown a notable recovery, rising toward a four-day high near 157.80, driven by market reactions to comments from U.S. Treasury Secretary Scott Bessent regarding undesirable volatility in the foreign...

FXStreet

Australian Dollar pared post-CPI losses as Chalmers budget answered the oil shock

The Australian Dollar (AUD) initially declined following the release of the Consumer Price Index (CPI) data, which showed higher-than-expected inflation, but recovered losses as the market digested the government's budge...

FXStreet

US: AI impact to labor market stays limited – TD Securities

TD Securities' Chief US Macro Strategist Oscar Munoz highlights that 2026 US labor data indicate Artificial Intelligence (AI) has only modestly impacted employment. He notes that AI adoption remains low across most indus...

CoinDesk

JPMorgan files to launch new tokenized fund as Wall Street tokenization race heats up

JPMorgan Chase has filed with the U.S. Securities and Exchange Commission (SEC) to launch a tokenized fund, marking a significant step in the bank's foray into blockchain-based financial products. The fund, which will be...

Argaam

‎Luberef CEO: New marketing channels built during ME tensions

Saudi Aramco Base Oil Co. (Luberef) CEO Samer Al-Hogail revealed the company developed new marketing channels in Oman and Fujairah during recent geopolitical tensions. The firm leveraged strategic storage in South Africa...

Investing.com

ECB’s Nagel sees rate hikes increasingly likely: Handelsblatt

The European Central Bank (ECB) official, Nagel, has indicated that interest rate hikes are becoming increasingly likely, according to a report by Handelsblatt. This statement comes amid ongoing discussions about the ECB...

Argaam

‎Saudi firms’ Q1 profit ex-Aramco up 13% to SAR 46.3B

Profit growth for Saudi-listed companies excluding Aramco surged 13% year-on-year to SAR 46.3 billion in Q1 2026, driven by strong performance in banking, petrochemicals, and energy sectors. Including Aramco, total profi...

FXStreet

Malaysian Ringgit: Range holds as Malaysia outperforms – Commerzbank

Commerzbank analysts highlight that the USD/MYR pair has remained within a 3.90–4.05 range since the Middle East conflict escalated. This stability is attributed to Malaysia's resilience in industrial production, which g...

FXStreet

Aluminium: EU ETS reform raises cost risks – Commerzbank

Commerzbank analyst Norman Liebke warns that the EU Emissions Trading System (ETS) reform, which includes revised benchmark calculations, could substantially increase production costs for European aluminium recyclers and...

CoinTelegraph

DTCC to use Chainlink to power 24/7 collateral management network

The Depository Trust & Clearing Corporation (DTCC), the world's largest post-trade infrastructure provider, announced plans to integrate Chainlink's blockchain technology into its tokenized collateral management platform...

FXStreet

Silver Price Forecast: Bulls eye $90.00 as momentum surges

Silver prices have rebounded after Monday's sharp 7% rally, currently trading at $86.58 with a 0.69% gain following a low of $83.05. The metal is approaching a critical resistance level at $90.00, driven by renewed indus...

FXStreet

Europe: Export to US slump and tariff risks – Standard Chartered

Standard Chartered analyst Christopher Graham highlights that EU exports to the US are contracting at rates similar to those seen during the 2008 Global Financial Crisis and the 2020 pandemic. This decline is attributed...

FXStreet

Fed: Neutral stance as inflation stabilizes – TD Securities

TD Securities economists analyzed the April inflation data, noting that the Consumer Price Index (CPI) showed strength due to increases in shelter and energy costs. However, they observed that the core Personal Consumpti...

Argaam

‎AYYAN completes SAR 185M Al Khobar land acquisition, leaseback deal

AYYAN Investment Co. has finalized a SAR 185 million land acquisition and leaseback deal with Al Othman Agriculture Production And Processing Co. (NADA) in Al Khobar. The agreement, signed in May, involves purchasing a 1...

FXStreet

Forex Today: Hot US CPI boosts US Dollar as Treasury yields climb

The US Dollar Index (DXY) surged to 98.30 on Tuesday following the release of stronger-than-anticipated US Consumer Price Index (CPI) data. The hotter-than-expected inflation reading pushed Treasury yields higher, reinfo...

Argaam

‎Saudi tenders section of GCC railways: Report

Saudi Arabia has initiated procurement for its segment of the GCC railway project, which aims to connect all six Gulf Cooperation Council (GCC) member states. Saudi Railways (SAR) issued a tender on May 7 for design cons...

FXStreet

India : Narrow demand response weighs on GST – Societe Generale

Kunal Kundu of Societe Generale highlights that India's recent Goods and Services Tax (GST) collections and Index of Industrial Production (IIP) data indicate weaker-than-expected consumption trends. GST collections for...

Argaam

‎NDMC closes April issuance of sukuk program at SAR 2.42B

The National Debt Management Center (NDMC) finalized its April issuance under Saudi Arabia's SAR-denominated Sukuk Program, allocating SAR 2.42 billion across five tranches with maturities ranging from 2031 to 2041. The...

CoinTelegraph

XRP traders say bullishness ‘growing’ as ETFs log largest inflow since January

Analysts tracking XRP have noted increased bullish sentiment driven by strong institutional demand and a robust technical setup. Recent data shows ETFs tracking XRP recorded their largest inflow since January, signaling...

Investing.com

US considers financing billions of dollars for nuclear plant parts, industry group says

The United States is reportedly considering allocating billions of dollars to finance parts for nuclear power plants, according to an industry group. This move aligns with broader efforts to bolster domestic energy infra...