TORM GAAP EPS of $3.25, revenue of $662.8M beats by $156.38M; upgrades full-year guidance
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U.S. Dollar Edges Higher Ahead of PCE Data, Jackson Hole
The U.S. dollar traded marginally higher against a basket of currencies as markets await the release of the July PCE data at 1230 GMT.
NZD/USD Price Forecast: Dips below 0.5950, fresh weekly low as USD firms ahead of US PCE
The NZD/USD pair comes under some renewed selling pressure on Wednesday and drops to a fresh weekly low, around the 0.5945 region during the early European session.
Euro: Holds near 1.1670 against US Dollar as rate moves offset - Danske Bank
Danske Research Team reports that EUR/USD remained little changed around 1.1670, with the chart showing only a modest pullback from overnight highs before a partial recovery.
30 percent tax cut offers relief to businesses, households
A 30 percent reduction in personal and corporate income taxes for 2026–2027 is expected to ease cost pressures and provide fresh momentum for millions of eligible businesses and households.
Saudi Arabia’s Derivatives Push Deepens Capital Market Reforms
Saudi Arabia is stepping up efforts to deepen its capital markets, making it cheaper and easier to trade derivatives as it seeks to attract more investors and trading firms.