Wednesday, 22 July 2026
Global markets, trading & world business — for professional traders
West Texas Intermediate (WTI) oil price rises after two days of losses, trading around $74.20 during the Asian hours on Monday. Crude oil prices gain ground following a weekend exchange of fresh missile strikes between …
The AUD/USD pair loses ground to near 0.6940 during the early Asian session on Monday. Renewed tensions in the Middle East weigh on the riskier assets such as the Australian Dollar (AUD) against the US Dollar (USD). Tra…
By Kalea Hall and Nora Eckert DETROIT, July 12 (Reuters) – The Department of Justice is probing allegations that United Auto Workers President Shawn Fain took actions to improperly benefit his fiancée and retaliated aga…
UBS (UBS) set its S&P 500 (^GSPC) forecast to 7,500 by the end of 2026 in a note on Monday, citing strong corporate earnings and gains in a resilient technology sector.
Artificial intelligence (AI) is transforming the workforce, and not always for the better. As companies continue to adopt AI to boost productivity, many are also cutting human jobs and replacing them with tools like Cha…
The convergence of SpaceX, OpenAI, and Anthropic on public markets in 2026 represents the most consequential wave of technology IPOs since the dot-com era. With a combined target valuation exceeding $3.7 trillion, these…
NEW YORK; July 10, 2025 – Accenture (NYSE: ACN) and Microsoft Corporation (NASDAQ: MSFT) are co-investing in the development of advanced generative AI-driven cyber solutions to help organizations mitigate threats and co…
Boeing marked another step in a marathon comeback Friday when it celebrated expanded production of the 737 MAX, now an aircraft in heavy demand after earlier disasters tarnished the company's reputation. At a rousing ri…
Deputy Mayor Julie Su, Economic Justice: Good morning, everyone, and thank you for being here. I especially want to thank the mayor because now when anybody asks me if I've been to the gym, I can say yes. I'm Julie Su, …
A new wave of socialists clinched wins in recent Democratic primaries, putting them on a path to Congress in deep blue districts but also creating potential headaches for the broader party.
MUFG’s Lloyd Chan highlights the Indonesian rupiah’s continued vulnerability as USD/IDR moved back above 18,000 amid renewed Middle East tensions and elevated US yields. Although attractive government bond and SRBI yiel…
The upcoming week will bring a major test for the US Dollar (USD), with investors focusing on the United States Consumer Price Index (CPI), Federal Reserve (Fed) Chair Kevin Warsh’s congressional testimony and a broad s…
DBS economists Radhika Rao and Mo Ji forecast Singapore’s advance 2Q26 Gross Domestic Product (GDP) growth at 5.8% year-on-year and 1.5% quarter-on-quarter seasonally adjusted, slightly below 1Q26 but still resilient. T…
As of June 15, SpaceX (SPCX) trades at $171.91, following a strong IPO debut and a 19.2% gain on its first day. Technical indicators suggest further upside, with a target of $183.96, supported by MSCI inclusion and limi…
Commerzbank’s report on Taiwan notes that stronger inflation, with core CPI at 2.5%, is likely to push the CBC towards a more hawkish stance, including a possible 12.5 bp hike in H2. Despite robust AI-driven exports and…
The Dow Jones Industrial Average trades at 52,609 on Friday, up 0.26%, two sessions after printing a record 53,333 and one news cycle into the second official death of the US-Iran ceasefire. The index shook off a mornin…
Silver price retreats on Friday during the North American session, edging down by 0.54%, weighed by high US Treasury yields and a sudden shift in market sentiment, after US President Trump revealed that the ceasefire is…
West Texas Intermediate (WTI) Crude Oil trades at $70.98 on Friday, down 1%, after a European-morning climb to $72.83 met a wall of New York selling that drove the barrel to a $70.70 session low inside two hours. The es…
EUR/USD trades in a muted fashion near the 1.1430 area on Friday, as a weaker US Dollar (USD) helps the pair hold onto modest Thursday gains. That was true even after inflation data from Germany and France showed limite…
MUFG’s Lloyd Chan notes Bank Negara Malaysia (BNM) kept the Overnight Policy Rate (OPR) at 2.75% and expects it to stay on hold through 2026, with domestic fundamentals described as broadly supportive. Recent Malaysian …
AUD/USD advances toward the 0.6960 area on Friday, supported by a softer US Dollar (USD) and renewed strength in the Chinese Yuan (CNY). The pair continues to recover on the four-hour chart, although escalating tensions…
Gold (XAU/USD) trades on the back foot on Friday, struggling to build on the previous day's gains and heading for a weekly loss as renewed hostilities in the Middle East have revived fears of energy-driven inflation and…
NZD/USD remains on the front foot on Friday and is heading for a second consecutive weekly gain after the Reserve Bank of New Zealand (RBNZ) raised the Official Cash Rate (OCR) by 25 basis points (bps) on Wednesday and …
DBS economists Radhika Rao and Mo Ji expect the Bank of Korea (BoK) to raise its base rate to 2.75% from 2.50% in July, citing persistent CPI inflation above 3% and resilient growth. They highlight robust exports and in…