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Taiwan Semiconductor Manufacturing Co., the contract manufacturer for companies including Nvidia and Apple, on Thursday said its profit surged in the second quarter due to artificial-intelligence demand.
Australia’s Unemployment Rate rose to 4.3% in June from 4.1% in May, according to the official data released by the Australian Bureau of Statistics (ABS) on Thursday. The figure came in above the market consensus of 4.1%.Furthermore, the Australian Employment Change arrived at 2K in June from -1.1K in May (revised from -2.5K), compared with the consensus forecast of 20K.The participation rate in Australia increased to 67.1% in June, compared to 67.0% in May. Meanwhile, Full-Time Employment decreased by 38.2K in the same period from 41.9K in the previous reading (revised from 38.7K). The Part-Time Employment increased by 40.2K in June versus -43K prior (revised…
Bank of America stuck to its financial outlook for the year as it reinforced the theme of the resilient American consumer and benefited from a flurry of trading around tariff jitters.
GBP/JPY trades near 199.30 on Tuesday, supported by diverging central bank policies and broader Yen weakness.Focus shifts to UK CPI data on Wednesday, as the BoE monitors for signs of tariff-driven inflation pressure.GBP/JPY eyes psychological resistance at 200 amid tariff uncertainty ahead of US-Japan trade talks on Friday. The British Pound (GBP) continues to appreciate against the Japanese Yen (JPY) on Tuesday, as diverging central bank policies and rising geopolitical tensions support bullish momentum. At the time of writing, GBP/JPY is trading near 199.30 as focus shifts to UK inflation data on Wednesday.The Bank of England (BoE) is closely monitoring…
“Safe to say we still happy with our decision,” Beckham says.
Global stocks have had a muted start to the week, with stocks in Europe and the US both lower on Monday. The FTSE 100 is an outlier and is edging closer to last week’s record highs. Large gains for Astra Zeneca and the LSE are helping to boost the main UK blue chip index. Astra Zeneca is gaining after the company said that its experimental hypertension drug met all requirements in a late-stage trial. These results are sending investors into a frenzy because it boosts the company’s competitive profile, and it could be a multi-billion-dollar sales opportunity. AZ believe that…
Trade Desk’s stock is soaring, with the ad-tech company set to replace Ansys in the benchmark index later this week.
AUD/USD softens to near 0.6565 in Monday’s early Asian session. Trump rekindled trade tensions with new tariffs on the EU and Mexico, weighing on the riskier assets like the Aussie. Traders brace for China’s Trade Balance data due on Monday ahead of China’s Q2 GDP report. The AUD/USD pair extends the decline to around 0.6565 during the early Asian session on Monday. The Australian Dollar (AUD) weakens against the Greenback after US President Donald Trump steps up fresh tariff threats. Investors await the release of China’s Trade Balance data due later on Monday ahead of the Gross Domestic Product (GDP) report for the…
U.S. stock futures fell Sunday, a day after President Donald Trump threatened to impose new 30% tariffs against imports from Mexico and the European Union.
Drilling Down to Identify the Strong Side of the Forex Market EURUSD Drill Down Where is it Headed? Analysis and Risk One of the most important decisions in forex trading is identifying the right side of the market to trade. In fact, many traders will tell you that choosing the right side is more than half the battle. If you can consistently position on the strong side of the market, you’re already putting yourself in a better position to succeed. So, how do you find that strong side? The answer lies in a systematic chart analysis method known as…