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Forexlive

Economic calendar in Asia Thursday, April 16. Australian jobs, China GDP & eco activity

The Asian economic calendar on April 16 highlights key data from Australia and China. Australia's labor market report is expected to show a softening trend, but the Reserve Bank of Australia (RBA) is unlikely to adjust i...

FXStreet

Silver Price Forecast: Stalls near $79 as doji halts rally

Silver prices stalled near $79.09 as a doji candle formed close to the 50-day Simple Moving Average (SMA), signaling trader indecision. The price is caught between two critical levels: the next cycle high at $90.01, set...

FXStreet

USD/CNY: Policy tweaks support cross-border lending – BNY

BNY's Bob Savage highlighted that Chinese regulators have increased overseas loan leverage ratios and adjusted macroprudential parameters to boost cross-border financing. The policy changes aim to ease capital outflows f...

FXStreet

Gold slips below $4,800 as risk appetite drains safe-haven demand anew

Gold prices fell nearly 1% during the session, slipping below $4,800 per troy ounce as improved risk appetite reduced demand for safe-haven assets. The S&P 500 index surged past 7,000, nearing its all-time high of 7,014,...

Forexlive

investingLive Americas market news wrap: Record closes in the S&P 500 and Nasdaq

The US stock markets closed at record highs as the S&P 500 and Nasdaq hit multi-month peaks, driven by optimism around AI advancements and geopolitical de-escalation in the Middle East. The Nasdaq extended its winning st...

FXStreet

China: Structural export strength and chip constraints – Standard Chartered

Standard Chartered economists highlight China's emergence as the world's largest exporter of AI-related goods, spanning raw materials to hardware and applications. The report notes structural export strengths driven by a...

Argaam

‎New trade route via NEOM links Europe to Gulf

Saudi Arabia's NEOM has launched a new trade corridor connecting Europe and Egypt to the Gulf region, combining land transport with ferry services to expedite the delivery of time-sensitive goods. The route, supported by...

Investing.com

IMF says Bank of Japan can see through inflationary shock from Iran war

The International Monetary Fund (IMF) has expressed confidence in the Bank of Japan's (BoJ) ability to manage inflationary pressures arising from geopolitical tensions in the Iran region. The statement highlights the BoJ...

Argaam

‎NEOM standalone classification signals delivery push: Al-Rumayyan

The Public Investment Fund (PIF) Governor, Yasir Al-Rumayyan, announced that classifying NEOM as an independent ecosystem within PIF’s 2026–2030 strategy underscores the fund’s commitment to delivering the megaproject. T...

FXStreet

SGD: Policy-induced appreciation to counter inflation – DBS

DBS Group Research economists Taimur Baig and Chua Han Teng have highlighted that recent global commodity price shocks are likely to elevate inflation in Singapore. However, they argue that the Singapore Dollar (SGD) has...

FXStreet

Forex Today: US Dollar stalls as Middle East tensions linger

The US Dollar Index (DXY) faced challenges in extending recent gains, hovering near 98.10 as conflicting signals from US economic data and Treasury yields limited its upward momentum. Mixed economic indicators, including...

Investing.com

Iran war puts US companies into wait-and-see mode, Fed report says

The Federal Reserve's latest report highlights that escalating tensions between the US and Iran have prompted American companies to adopt a cautious stance, delaying major investments and hiring decisions. The report not...

Argaam

‎Al Rumayyan outlines targets of urban development ecosystems, industry, energy

Yasir Al-Rumayyan, Governor of Saudi Arabia’s Public Investment Fund (PIF), outlined strategic targets for six economic ecosystems during a press conference. These include urban development, advanced industries, industri...

FXStreet

Gold Price Forecast: XAU/USD holds above $4,800, retains the positive bias

Spot Gold (XAU/USD) is consolidating above the $4,800 level amid limited market activity as traders await developments on potential Iran-related tensions. While the daily price shows a marginal decline, the overall techn...

FXStreet

China: Import strength offsets export cooling – UOB

UOB economist Ho Woei Chen noted that China's March trade data revealed a significant divergence between exports and imports. While exports cooled, imports surged, reducing the trade surplus to a 13-month low of $12.4 bi...

FXStreet

Australian Dollar Price Forecast: Getting ready for a challenge of 2026 highs?

The Australian Dollar (AUD) has shown a strong recovery, with the AUD/USD pair poised to test its year-to-date (YTD) high near 0.7200, a level last seen in early March 2026. Analysts suggest that sustained momentum in th...

Argaam

‎100,000 hotel rooms to be developed within Vision portfolio: PIF Governor

The Saudi Public Investment Fund (PIF) Governor, Yasir Al Rumayyan, announced plans to develop over 100,000 hotel rooms and 70 tourism experiences as part of the Kingdom’s Vision 2030 strategy. This initiative, unveiled...

FXStreet

WTI Oil holds steady as US troop buildup, Iran talks keep prices in balance

West Texas Intermediate (WTI) crude oil prices remained stable around $89.10 on Wednesday, following a drop to a three-week low near $85 earlier in the session. The market balance is being maintained by conflicting facto...

FXStreet

USD/TRY: Stable path with renewed carry interest – ING

ING analysts highlight that the Turkish Lira (TRY) has stabilized following a de-escalation in US-Iran tensions, supported by the Central Bank of Turkey (CBT) maintaining market confidence. The USD/TRY pair has followed...

CoinTelegraph

Bitcoin can grow 'probably a lot bigger' than $30T+ gold market — Analysis

A new macroeconomic analysis suggests Bitcoin's potential addressable market has surpassed the $38 trillion gold market cap, driven by geopolitical instability and financial sanctions. The report highlights Bitcoin's rol...