Why is Myriad Genetics stock tumbling today?
Wrapping up Q1 earnings, we look at the numbers and key takeaways for the therapeutics stocks, including Myriad Genetics (NASDAQ:MYGN) and its peers.
FX
Crude Oil goes vertical on fresh explosions in southern Iran
Crude Oil reached its session high in a straight line rather than a grind, with West Texas Intermediate (WTI) pinned beneath $87.50 through the afternoon before taking better than a dollar and a quarter in three consecu…
Global bond sell-off worsens as U.S. 2-year yield touches highest level since 2025
Interest rates on government bonds are rising again around the world, making borrowing more expensive for consumers and businesses and heightening concerns about whether governments are issuing more debt than financial …
Gold struggles below $4,400 as Fed rate hike bets dominate
Gold (XAU/USD) extends its pullback from the more-than-three-month high touched last week and falls to a fresh two-week low on Tuesday. Rising expectations of Federal Reserve (Fed) interest rate hikes and fresh tensions…
US Dollar Is Red, but the Setup for Another Push Is Getting Better
He went big. On Saturday morning, US and Israeli forces unleashed Operation Epic Fury, what US President Donald Trump called “a massive and ongoing” campaign against Iran. He called on the Iranian people to overthrow th…
WTI Oil climbs toward $87 as US-Iran tensions threaten supply
West Texas Intermediate (WTI) US Oil extends its rebound for a second consecutive day on Tuesday, gaining 1.76% on the day to trade around $86.95 at the time of writing. The Crude Oil benefits from a renewed geopolitica…
US Dollar: Jackson Hole keeps hike risk alive – MUFG
MUFG’s Derek Halpenny notes the US Dollar has gained modestly after Fed Chair Warsh’s Jackson Hole speech, with US Dollar Index (DXY) up around 0.3% since Friday’s open and 2‑year Treasury yields sharply higher. Warsh’s…
Polish Zloty: Fiscal risks cap gains against Euro - Societe Generale
Societe Generale notes that the Polish Zloty strengthened while domestic bonds sold off as August inflation and second-quarter Gross Domestic Product (GDP) exceeded expectations and the government presented its 2027 bud…
Brazilian Real: Fiscal risks weigh on currency – Commerzbank
Commerzbank’s Michael Pfister highlights that Brazil’s very high real interest rates have not prevented solid GDP growth, as expansionary fiscal policy has offset restrictive monetary conditions. With elections approach…
Euro: Rebound capped by nearby resistance against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann highlight that EUR/USD has bounced strongly from 1.1573 after an excessive selloff, but momentum remains subdued. Intraday, the Euro (EUR) is expected to hold …
US JOLTS Job Openings set to show a steady labor market
The US Bureau of Labor Statistics has a busy week, releasing relevant employment data. It will start on Tuesday with the publication of the July Job Openings and Labor Turnover Survey (JOLTS) at 14:00 GMT. The report, w…
Euro struggles near 1.1600 amid firm USD; looks to Eurozone HICP for some impetus
The EUR/USD pair struggles to capitalize on the overnight bounce from the 100-day Simple Moving Average (SMA), near the 1.1575-1.1580 region, or a one-and-a-half-week low, and drifts lower during the Asian session on Tu…
India Gold price today: Gold falls, according to FXStreet data
The price for Gold stood at 13,537.60 Indian Rupees (INR) per gram, down compared with the INR 13,588.41 it cost on Monday.
Japan’s MOF official says expects BoJ to steer policy aligned with economy, not influenced by US
A senior official from Japan’s Ministry of Finance on Tuesday declined to comment on recent foreign exchange shifts, adding that expected the Bank of Japan (BoJ) to steer monetary policy aligned with the economy, not in…
Japanese Yen weakens as 10-year bond yield hits 3% for first time since 1996
The USD/JPY pair edges higher to around 159.85 during the early European trading hours on Tuesday. Japan’s 10-Year bond yield hit 3% for the first time in three decades after US Treasury Secretary Scott Bessent signaled…
Asian currencies steady as yen hovers near 160, Bessent backs BOJ hikes
Finance Minister Satsuki Katayama meets reporters at the Finance Ministry in Tokyo on June 23. (The Asahi Shimbun)
Gold declines as rising Fed hike bets and US‑Iran tensions support USD
Gold (XAU/USD) struggles to capitalize on the previous day's bounce from sub-$4,400 levels, or a one-and-a-half-week low, and attracts fresh sellers during the Asian session on Tuesday. US Federal Reserve (Fed) Chair Ke…
AUD/JPY Price Forecast: Strengthens above 114.50 as bullish technical setup holds
The AUD/JPY cross trades in a positive territory near 114.60 during the early European session on Tuesday. Stronger-than-expected Chinese economic data provides some support to the China-proxy Australian Dollar (AUD) ag…
WPP to cut up to 1,000 jobs by year-end amid AI-driven cost-cutting- FT
Omnicom will lay off more than 4,000 employees and merge several prominent advertising agency brands following its $13 billion acquisition of rival Interpublic Group.
EUR/JPY Price Forecast: Hovers around 185.50 near nine-day EMA support
EUR/JPY inches lower after registering gains in the previous day, trading around 185.50 during Asian hours on Tuesday. The technical analysis of a daily chart indicates that the currency cross is remaining close to the …
Canadian dollar rebounds from two-week low as oil prices rise, BoC decision looms
The Bank of Canada is widely expected to hold the overnight rate at 2.25% at Wednesday’s policy announcement—marking a sixth consecutive pause after 50 basis points of cuts over September and October last year.
NZD/USD Price Forecast: Bulls defend trendline above 0.5900
The NZD/USD is poised to finish Monday’s session virtually unchanged near its opening price, despite a modest 0.08% gain as the US Dollar weakens amid rising tensions in the Middle East. The pair trades above 0.5900.
US President Trump says Iran strikes will be limited as Oil flows through Hormuz
US President Donald Trump said on Monday that strikes on Iran will be limited, following a previous story reported by Axios, which said that he and his senior aides are considering waging limited strikes in Hormuz to pr…
Japanese Yen: Supported below 160 against US Dollar – Scotiabank
Scotiabank strategists Shaun Osborne and Eric Theoret highlight that the Japanese Yen (JPY) is modestly stronger versus the US Dollar (USD), helped by upbeat domestic data including robust retail sales and industrial pr…