nobsmarkets

(RTTNews) - The Thai stock market has finished lower in two straight sessions, giving away more than 15 points or 1.2 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,175-point plateau and it may tick lower again on Friday. The global forecast for the Asian markets is negative on

Bitcoin Makes New All-Time High During Asian Session; US Dollar Stabilizes; Stock Markets Lower on US Deficit / Trump Tax Bill Fears Summary: Bitcoin has broken out to a new all-time high not far from $112,000. Bitcoin is in focus today after breaking to a new all-time high a few hours ago at about $111,888.

No Result View All Result ADVERTISEMENTS The USD/JPY forecast suggests increasing demand for the safe-haven yen. Trump’s tax bill might add to the US’s already huge debt burden.  Traders will keep an eye on US business activity data. The USD/JPY forecast is bearish, suggesting increasing demand for the safe-haven yen amid fiscal concerns in the

No Result View All Result ADVERTISEMENTS The USD/JPY forecast suggests increasing demand for the safe-haven yen. Trump’s tax bill might add to the US’s already huge debt burden.  Traders will keep an eye on US business activity data. The USD/JPY forecast is bearish, suggesting increasing demand for the safe-haven yen amid fiscal concerns in the

No Result View All Result ADVERTISEMENTS The EUR/USD outlook turned slightly bearish on Thursday after Eurozone PMI data. Business activity in the Eurozone crossed below 50 in May. The dollar remained fragile as market participants watched the progress of Trump’s tax bill. The EUR/USD outlook turned slightly bearish on Thursday after data revealed a contraction

No Result View All Result ADVERTISEMENTS The EUR/USD outlook turned slightly bearish on Thursday after Eurozone PMI data. Business activity in the Eurozone crossed below 50 in May. The dollar remained fragile as market participants watched the progress of Trump’s tax bill. The EUR/USD outlook turned slightly bearish on Thursday after data revealed a contraction

Are Regional Storage Levels Supporting the Bearish Tilt? Yes. All major regions posted gains, with the South Central region adding 39 Bcf—a significant contributor to the national increase. Notably, nonsalt storage in that region rose by 26 Bcf, reflecting weak power burn and strong production. The Midwest and East regions followed with builds of 32

Federal Reserve in Focus as Price Pressures Mount Price acceleration was broad-based. Manufacturing output prices recorded their sharpest monthly rise since September 2022, while services posted the highest increase in charges since April 2023. These moves, directly tied to tariffs on imported goods, pushed overall selling prices to levels not seen since August 2022—likely drawing

Continuing Claims Hit Multi-Year Highs, Pointing to Weak Rehiring Trends Continuing claims for the week ending May 10 rose by 36,000 to 1.903 million, while the 4-week moving average increased to 1.887 million—the highest level since November 2021. These figures indicate that unemployed individuals are remaining out of work longer, a signal that job-finding rates

The USD/JPY forecast suggests increasing demand for the safe-haven yen. Trump’s tax bill might add to the US’s already huge debt burden.  Traders will keep an eye on US business activity data. The USD/JPY forecast is bearish, suggesting increasing demand for the safe-haven yen amid fiscal concerns in the US. At the same time, the dollar