ING’s Frantisek Taborsky expects the Central Bank of the Republic of Türkiye (CBRT) to keep its 37.00% rate unchanged, with geopolitical tensions, Oil above $90 and tariff changes limiting scope to absorb higher energy …
Silver prices (XAG/USD) fell on Thursday, according to FXStreet data. Silver trades at $58.84 per troy ounce, down 1.67% from the $59.83 it cost on Wednesday.
The Indian Rupee (INR) trades marginally higher against the US Dollar (USD) on Thursday on possible Reserve Bank of India (RBI) intervention in spot and non-deliverable forwards (NDFs) markets to support the currency. T…
The European Central Bank (ECB) is expected to hold the interest rate on the main refinancing operations and the deposit facility steady at 2.4% and 2.25%, respectively. The decision will be announced on Thursday at 12:…
SEOUL, July 23 (Reuters) - Hyundai Motor reported a 21% fall in second-quarter operating profit on Thursday, missing analysts' estimates, as weaker vehicle sales, production disruptions and higher costs outweighed su…
Space datacenters proposed by SpaceX , Jeff Bezos’s Blue Origin and others would release staggering levels of pollution that would probably alter the Earth’s atmosphere and be “catastrophic” for the planet, space indust…
The New Zealand Dollar (NZD) extends losses for the third consecutive day against the US Dollar (USD) on Thursday, with the NZD/USD pair dipping below 0.5800, after being rejected at the 0.5875 area earlier in the week.…
The AUD/USD pair catches fresh bids during the Asian session on Thursday following the release of the upbeat Australian jobs report, which lifted bets for another interest rate hike by the Reserve Bank of Australia (RBA…
AUD/USD holds ground after registering minor gains in the previous day, trading around 0.7000 during the European hours on Thursday. The pair remains steady as the Australian Dollar (AUD) moves little following the rele…
ING analysts Chris Turner, Francesco Pesole and James Smith argue Sterling’s summer strength is driven by positioning, carry and possible M&A flows rather than UK fundamentals. They expect UK short-dated rates to drift …
Societe Generale strategists note that Oil and Natural Gas prices have surged since the June European Central Bank (ECB) meeting, reversing optimism that followed the US–Iran Memorandum of Understanding (MoU). They expe…
The co-founder of Hugging Face, a technology start-up that was hacked after some of OpenAI's most advanced artificial intelligence (AI) models went rogue, said on Thursday that the incident is "a wake up call" for the i…
The USD/JPY pair ticks lower during the Asian session on Thursday as bulls opt to move to the sidelines amid speculations that Japanese authorities will step in to prop up the domestic currency. Nevertheless, spot price…
Financial markets turn risk-averse on Thursday as crude Oil prices continue to push higher amid a further escalation of tensions in the Middle East. In the second half of the day, the European Central Bank (ECB) will an…
EUR/JPY extends its gains for the third successive day, trading around 186.40 during the Asian hours on Thursday. The currency cross is keeping a bullish near-term bias as it holds above both the nine-day and 50-day Exp…
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $87.50 during the early European trading hours on Thursday. WTI jumps to the highest since June 11 amid rising tensions in the Middle East aft…
Google parent Alphabet saw its business continue to grow in recent months, yet growing spending on artificial intelligence (AI) infrastructure put its leftover cash into negative territory.
Societe Generale strategists expect a 25bp rate hike in South Africa after a sharp June inflation surprise, with Headline Consumer Price Index (CPI) at 5.0% and core at 4.1%. They highlight broadening price pressures be…
The AUD/NZD cross attracts fresh buyers following the release of the monthly Australian jobs report and climbs to a one-and-a-half-week high, around the 1.2060-1.2065 region, during the Asian session on Thursday. Spot p…
Japanese Finance Minister Satsuki Katayama reiterated on Thursday that his government was “ready to take decisive action on foreign exchange as needed.”
Pizza wars, sham contracts, business collapses and underpayment of wages have plagued workers and franchisees across the $4 billion pizza sector since the introduction of cheap pizzas four years ago.
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