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ActionForex

Japan PMI Accelerates as Manufacturing Leads Broad-Based August Growth

Japan's private sector demonstrated enhanced economic momentum in August, with the Composite PMI Output index rising to 53.4 from 52.7 in the previous month. This acceleration marks the fastest expansion in business acti...

FXStreet

Canadian Dollar gains ground amid rising oil prices

The Canadian Dollar gained ground against its US counterpart on Friday, driving the USD/CAD currency pair down to around 1.3770 during Asian trading hours. This decline extends the pair's losses for a third consecutive t...

FXStreet

PBOC sets USD/CNY reference rate at 6.7817 vs. 6.7808 previous

The People's Bank of China (PBOC) set the USD/CNY central parity rate at 6.7817 on Friday, compared to the previous day's setting of 6.7808. This fixing reflects a slight weakening of the Chinese Yuan, coming in above ma...

Investing.com

US says it will impose ’toughest sanctions in history’ on Iran

The United States government has announced plans to enforce unprecedented economic sanctions against Iran, describing them as the toughest in history. This diplomatic action aims to restrict the nation's financial capabi...

FXStreet

Dow Jones Industrial Average repays the Treasury's rally with interest

The Dow Jones Industrial Average experienced strong downside pressure on Thursday, effectively reversing previous gains following a brief pause in bond market volatility. A period of relative stability in Treasury yields...

LeapRate

Standard Chartered Issues First G-SIB Digitally Native Notes on Euroclear’s D-FMI

Standard Chartered has successfully issued USD 200 million in digitally native notes on Euroclear’s D-FMI platform. This milestone marks the bank as the first Global Systemically Important Bank (G-SIB) and the premier Un...

FXStreet

WTI consolidates around $86.00; bulls potential intact amid US-Iran impasse

West Texas Intermediate (WTI) crude oil prices consolidated around the $86.00 per barrel level during the Asian trading session on Friday. The benchmark US commodity remains positioned near a three-week high reached in t...

CoinTelegraph

Bitcoin breaks above 200-day moving average for first time since November

Bitcoin has successfully crossed above its key 200-day moving average for the first time in nine months, signaling a potential shift in long-term market momentum. The breakthrough comes as the digital asset's recent rall...

FXStreet

Euro gains on hawkish ECB outlook despite firm US Dollar

The EUR/USD currency pair maintained its positive momentum for a third consecutive trading session, holding levels around 1.1680 during early Asian hours on Friday. The European single currency gained strength due to enc...

Argaam

‎BinDawood eyes SAR 1.5B investments, mostly in Saudi Arabia: CEO

BinDawood Holding plans to inject between SAR 1 billion and SAR 1.5 billion in capital investments over the next two to three years. According to CEO Ahmad BinDawood, the primary focus of these investments will be direct...

FXStreet

Euro: Bullish trend eyes upper 1.17s against US Dollar – Scotiabank

Strategists Shaun Osborne and Eric Theoret from Scotiabank report that the EUR/USD currency pair is maintaining a strong bullish momentum, driven predominantly by broad-based weakness in the US Dollar (USD). The fundamen...

Argaam

‎Tadawul approves SNB Capital as market maker for 3 stocks

The Saudi Exchange (Tadawul) has officially approved a request from SNB Capital to act as a market maker for three listed companies starting August 23. The approved stocks include Arab National Bank (ANB), BAAN Holding G...

CoinTelegraph

Metaplanet expands Bitcoin treasury strategy to US with 2,100-BTC Nasdaq play

Metaplanet, the Tokyo-based corporate treasury pioneer often referred to as Japan's MicroStrategy, is expanding its Bitcoin investment model into the United States capital markets. The company announced a strategic agree...

FXStreet

Euro fails to hold gains over the Pound ahead of UK inflation

The Euro struggled to maintain its early momentum against the Pound Sterling on Tuesday, with the EUR/GBP currency pair sliding back toward the 0.8550 level. Initial gains achieved by the shared currency dissipated as ma...

FXStreet

Oil: Tight market keeps Brent elevated – TD Securities

Commodity strategists at TD Securities have reaffirmed their bullish outlook on global crude oil, highlighting that tight market fundamentals continue to underpin prices. Brent crude remains elevated due to a combination...

FXStreet

Australian Dollar declines from two-month highs as Hormuz tensions lift the US Dollar

The Australian Dollar retreated slightly against the Greenback on Tuesday, dropping below the 0.7100 handle after touching a two-month high in the previous session. The primary catalyst driving the currency pair lower is...

Investing.com

Colombia’s economy expands 3.5% in second quarter

Colombia’s economy demonstrated robust momentum in the second quarter, expanding by 3.5% year-over-year. The growth reflects steady domestic consumption and strengthening performance across key industrial sectors, highli...

Argaam

‎Cabinet lauds PIF’s financial performance

The Saudi Cabinet, chaired by King Salman bin Abdulaziz, officially commended the Public Investment Fund (PIF) for its strong financial performance and progress toward Vision 2030 targets. The acknowledgment follows sign...

Investing.com

Why is US Sugar 11 Futures stock surging today?

US Sugar 11 Futures experienced a notable upward price surge during today's trading session, drawing significant attention from commodity traders. The rally in soft commodities like sugar is frequently driven by sudden s...

LeapRate

Marex Signs Multi-Year Principal Partnership with Nottingham Forest FC

Marex Group, a diversified global financial services platform, has announced a multi-year Principal Partnership with Nottingham Forest Football Club. Under the terms of the agreement, Marex secures front-of-shirt sponsor...