Dollar hovers around six-week high with Iran peace talks in focus
Dollar hovers around six-week high with Iran peace talks in focus
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Dollar hovers around six-week high with Iran peace talks in focus
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This week, five companies with market capitalisations exceeding $1 trillion are set to release their quarterly earnings: → Alphabet (GOOGL) on October 29→ Microsoft (MSFT) on October 30→ Meta Platforms (META) on October 30→ Apple (AAPL) on October 31→ Amazon (AMZN) on October 31 These results and profit forecasts from leading tech giants could fuel…
Central bank gold buying has officially hit a new record in July 2025, shaking up global financial markets. For the fourth year in a row, monetary authorities are rapidly accumulating gold reserves, sending a clear message about their long-term strategy. This surge reflects not just a hedge against inflation but a shift in trust—away from…
By Barbara Kates-Garnick, Tufts University Everyone – politicians and the public – is talking about energy costs. In particular, they’re talking about data centers that drive artificial intelligence systems and their increasing energy demand, electricity costs and strain on the nation’s already overloaded energy grid. As a former state energy official and utility executive, I…
The Australian Dollar rises as the solid employment data diminish the odds of RBA’s rate cuts in 2024. China’s Gross Domestic Product is expected to report 4.5% growth YoY in Q3, compared to the previous 4.7% reading. The US Dollar received support from a solid US Retail Sales report, fueling the likelihood of the Fed delivering…
The AUD/USD outlook steadies as the US shutdown is balanced by downbeat domestic data. The RBA’s cautiousness and the Fed’s easing leave the AUD anchored. China’s weakness and domestic trade data could cap gains in Aussie. The AUD/USD outlook remains stable amid subdued US dollar activity following the US government shutdown and softening labor market…
Demand at 40-year JGB auction sinks to lowest since July Source link