Markets
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Stocks slip, as new phase of Iran war drags on, Tesla fails to impress with AI plans
Key takeaways Tanker war stretches beyond the Strait of Hormuz for first time No timeline to end the war Optimism…
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European PMI Plunges as Iran Conflict Batters Economic Activity
Germany (PMI Composite): The index dropped sharply to 48.3 from 51.9, marking an unexpected contraction in private-sector activity for the…
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Chart of the Day – USD/JPY Under The Shadow of Hormuz and the BOJ?
The USDJPY pair continues to trade in a heightened uncertainty environment, where geopolitical factors, macroeconomic data, and growing expectations regarding…
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When are the German/ Eurozone flash HCOB PMIs for April and how could they affect EUR/USD?
German/ Eurozone flash PMIs Overview The preliminary German and Eurozone flash HCOB Purchasing Managers’ Index (PMI) data for April is due for…
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Copper Retreats on Middle East Uncertainties
Copper futures slipped back toward $6 per pound on Thursday after reaching near two-month highs in the prior session, as…
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Heating Oil Hits Two-Week High
US heating oil futures rose above $3.90 in April gaining more than 15% over the past three sessions and hitting…
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TTF Prices Extend Gains
European natural gas futures rose above €44 per MWh on Thursday, extending gains for a fourth straight session amid fears…
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Zinc Hovers Near Multi-Year Highs
Zinc futures fell to $3,450 per tonne but remained near their highest level since August 2022, amid tightening near-term supply…
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Apple Makes Core Changes
Apple makes changes to its core: how its new CEO will impact the share price There was big news this…
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Tesla surges 4% after earnings supporting sentiments Wall Street
Yesterday’s U.S. earnings calendar was clearly dominated by Tesla (TSLA.US), which beat market expectations on both earnings per share and…
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