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Forex
Alphabet stock up 8.5% in May as bullish momentum builds into month-end
Alphabet share price is trading near $172.2 in Friday’s premarket session, edging up from Thursday’s close of $171.8. This follows a turbulent two-day stretch…
Shoe Carnival (SCVL) Q1 earnings surpass estimates
Shoe Carnival came out with quarterly earnings of $0.34 per share, beating the Zacks Consensus Estimate of $0.27 per share. This compares to earnings of $0.64…
Tariff uncertainty continues to weigh on stocks
The S&P 500 failed to extend advance – are bears taking over again?Thursday's session brought little change to the broader stock market, despite earlier…
Mexican Peso erases gains against US Dollar on improved US consumer sentiment
USD/MXN erases gains after positive Michigan Sentiment drives the US Dollar higher.The Mexican Peso remains vulnerable to broader risk sentiment, capping…
Gold open interest hits historic lows despite bullish macro – TDS
This is one of those moments where Gold markets are offering a gift, TDS' Senior Commodity Strategist Daniel Ghali notes. Gold is 'overbought but underowned'…
OPEC+ exports set to rise – TDS
CTAs will continue to sell crude and industrial metals (x-copper) in most scenarios for prices by this time next week. In the imminent term, CTA selling…
US exceptionalism wanes as global investors pivot away – Rabobank
The concept of ‘US exceptionalism’ covers many specific themes. For academics it may have referred to the US’s ability to attract bright minds from around the…
EUR/GBP edges higher as German Retail Sales and Inflation data provide a mixed picture for the ECB
EUR/GBP steadies on German Retail Sales and Inflation data.The Eurozone faces pressure as the ECB reassesses its potential interest rate path.The British Pound…
Gold price falls below $3,300 on strong US Dollar as Trump reignites China tensions
XAU/USD drops as strong US Dollar pressures Bullion; tariff uncertainty rattles markets.US core PCE dips in April, but strong data lifts yields, dampening…
Pound Sterling sets for fourth straight positive monthly close against US Dollar
The Pound Sterling rebounds to near 1.3475 against the US Dollar after Trump stated that China has violated trade agreement.A US federal appeals court…