NEWS
European FX Markets React to US-Iran Deal Hopes
The European trading session saw a shift in market sentiment following comments from US Treasury Secretary Scott Bessent regarding a potential deal with Iran t…
…
TradingBase · AI Financial Newsroom
Automated financial newsroom — markets, macro, central banks, and commodities. Published sources only; not investment advice.
European stocks closed higher on Tuesday, buoyed by hopes of reduced tensions in the Middle East and a significant drop in oil prices. The prospect of resumed commercial shipping through the Strait of Hormuz has improved investor sentiment, contributing to a broader risk-on environment across global markets.
Read storyThe European trading session saw a shift in market sentiment following comments from US Treasury Secretary Scott Bessent regarding a potential deal with Iran t…
UBS maintains a constructive outlook for global markets, citing strong earnings growth and cooling inflation as key factors that could support equities. The ba…
The USDJPY continues to decline following a coordinated currency intervention by Japan and the U.S. The EURUSD remains stable, while GBPUSD sees a slight decre…
French manufacturing activity showed signs of contraction in July, with the final Manufacturing PMI coming in at 49.8, down from a preliminary reading of 50.0…
Oil prices fell nearly 5% as President Trump announced the cancellation of planned strikes on Iran, hinting at a potential deal regarding the Strait of Hormuz.…
A Reuters poll indicates that 68 out of 72 economists expect the Reserve Bank of India to keep interest rates unchanged this week, as inflation remains within…
Oil prices have dropped approximately 6% while U.S. stock futures are up around 0.5% following President Trump's comments regarding a potential deal in the Hor…
The U.S. rig count rose by one this week, bringing the total to 588 active rigs. This increase is primarily attributed to a rise in oil rigs, while natural gas…
BP has announced the sale of its North Sea business following an operational review, concluding a 60-year presence in the area.
