A global energy shock is unfolding. And if history is any guide, this may only be the beginning of the most explosive Oil rally in decades.
Mon, 23 Jun 2025 16:52:16 -0400
Holders of Argentina's 1.5 billion euro-denominated GDP warrants filed on Monday for U.S. courts to recognize English court judgments that hold Argentina liable for that debt.
Mon, 23 Jun 2025 14:45:40 -0400
Oil traders react to Iran's attack on U.S. military base in Qatar.
Mon, 23 Jun 2025 13:45:05 -0400
The US bombed Iran at the weekend. Markets opened Sunday night futures with a moderate reaction to the news but have completely reversed the early moves.
Mon, 23 Jun 2025 12:00:00 -0400
The US Dollar Index (DXY) is edging lower after a strong start on Monday as markets monitor the risks of an Iranian retaliation against the United States (US) and look ahead to Federal Reserve (Fed) Chair Jerome Powell's upcoming testimony on Tuesday.
Mon, 23 Jun 2025 11:52:31 -0400
A technical mission from the International Monetary Fund is expected to arrive in the Argentine capital Buenos Aires on Tuesday for the first review of a funding program worth some $20 billion, an IMF source told Reuters on Monday.
Mon, 23 Jun 2025 11:19:58 -0400
DXY rallies on Iran tensions, but retreats from 50-day average as Fed signals rate cuts. Powell testimony and oil trends now key for dollar traders.
Mon, 23 Jun 2025 11:14:15 -0400
The European Central Bank should only engage in massive bond buying in "absolutely exceptional cases" after this form of monetary stimulus caused it to report major losses, ECB policymaker Joachim Nagel said on Monday.
Mon, 23 Jun 2025 11:06:22 -0400
Mon, 23 Jun 2025 10:53:47 -0400
Mon, 23 Jun 2025 10:42:24 -0400
Last week's fundamental news largely followed the consensus expectations. Most eyes were on the Federal Reserve, which held the interest rate at 4.5% despite President Donald Trump's pleas for an interest rate cut.
Mon, 23 Jun 2025 10:41:20 -0400
FOMC Governor Michelle Bowman indicated that if inflation pressures stay contained, she would be in favour of lowering the policy rate at the next meeting to align it more closely with its neutral setting and maintain a healthy labour market.
Mon, 23 Jun 2025 10:29:47 -0400
European Central Bank President Christine Lagarde on Monday urged European lawmakers to speed up the introduction of legislation backing the launch of a digital euro.
Mon, 23 Jun 2025 10:20:50 -0400
The natural gas market initially gapped higher on Monday, in reaction to the Americans bombing the Iranian nuclear sites. However, the market fell almost immediately, as we are still looking at the $4 level as a ceiling.
Mon, 23 Jun 2025 10:17:11 -0400
LME Copper convenience yields are now reflecting critically low inventories, TDS' Senior Commodity Strategist Daniel Ghali notes.
Mon, 23 Jun 2025 10:10:26 -0400
Bank of England Governor Andrew Bailey defended the central bank's programme of government bond purchases and sales which has come under fire from some politicians for its cost.
Mon, 23 Jun 2025 10:09:21 -0400
United States Existing Home Sales (MoM) registered at 4.03M above expectations (3.96M) in May
Mon, 23 Jun 2025 10:00:30 -0400
United States Existing Home Sales Change (MoM) registered at 0.8% above expectations (-1.3%) in May
Mon, 23 Jun 2025 10:00:03 -0400
United States Existing Home Sales (MoM) below forecasts (3.96M) in May: Actual (0.8M)
Mon, 23 Jun 2025 10:00:01 -0400
The crude oil market continues to see a lot of external pressures, especially in the form of the conflict between Iran and Israel. The bombing of nuclear sites by the Americans had oil gapping higher, only to fall back down.
Mon, 23 Jun 2025 09:59:24 -0400