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USD: Wait-and-see mood can dominate today News of a deal between Iran and Oman to open a safe shipping route in the Strait of Hormuz has kept the FX market in risk-on mode, favouring a rotation from the dollar to higher-beta currencies. Even so, G10 moves have been contained this week, likely because tomorrow’s US ...
We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.
Insurer Oscar Health swung to a $361 million second quarter profit while eclipsing $1 billion in net income for the first six months of the year as medical costs eased.
OCBC’s Christopher Wong and Sim Moh Siong note that softer US inflation and debate over the Fed’s reaction function have eroded US Dollar upside momentum, even as the Fed remains data dependent.
Sandisk stock slumped 9% in premarket trade on Thursday after the maker of NAND flash chips issued guidance that disappointed investors. Here’s what analysts are saying.
European equities traded near record levels as a pull-back in technology shares dragged on broader gains, offsetting support from strong quarterly corporate earnings and hopes for a diplomatic…
UK natural gas prices rose above 132 pence per therm on Thursday, rebounding from a three-week low amid lingering concerns over the outlook for gas supplies.
Lessons learned over the last four-plus years of war have helped Ukraine maintain robust natural gas preparations for the coming winter, despite persistent Russian strikes on energy assets that point…