A year-end Brent target of $78 from JP Morgan suggest a directional anchor for the market, reinforcing the bearish H2 drift that has been building in consensus since the Iran ceasefire removed the geopolitical premium. The detail on private operators refusing to draw commercial stocks is particularly significant for price structure: it means the apparent […]
A clean bounce in the May data, back toward the 30-45k range the major banks are forecasting, would be consistent with the RBA’s existing read that the labour market is softening only gradually. A result that undershoots, or one where the unemployment rate stays pinned at 4.5%, would sharpen the debate around how much of
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Crude oil futures are settling down 3.92% at $70.34, extending the recent slide in prices. During the session, crude fell below the $70.00 level for the first time since the start of the Iran war, reaching a low of $69.63. For perspective: The gap low from March 2, following the weekend start of the war,
The S&P 500 and Nasdaq are both now negative on the day as technology and computer chips in particular sag. The fear is that Micron will report some sort of slowdown in AI demand in today’s report after the bell. Shares of the company have surged at a frenzied pace in the past six months
Dollar remained firmly in control of global markets today, extending its broad-based rally even as risk sentiment showed tentative signs of stabilization. US equity futures pointed to a modest rebound at the open following this week’s sharp technology-led selloff, as investors appeared reluctant to make aggressive bets ahead of Micron’s earnings report after the bell.
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Strong momentum heading into results Currys enters its annual results announcement with genuine operational momentum. Both major divisions contributed positively to full-year performance, with UK & Ireland like-for-like sales rising 3% and the Nordics delivering stronger growth of 6%. The Nordic outperformance reflects improving consumer demand in those markets, alongside continued market share gains against
Key takeaways Micron remains one of the strongest AI winners of 2026 despite the recent semiconductor selloff. The stock has surged 268% year-to-date and 227% since 30 March, significantly outperforming the SOX Index and Nasdaq 100. The earnings report is less about historical numbers and more about visibility into future AI demand. Investors will focus
2026.06.24 2026.06.24 Brent Is No Longer Needed. Forecast as of 24.06.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Oil shipments through the Strait of Hormuz have quickly returned to normal after the conflict. With Gulf countries also ramping production back to pre-war levels, Brent prices are coming under pressure. Let’s explore the key factors and develop a trading strategy. The
Medium-term inflation pressures are unchanged Ready to intervene in the FX market if necessary Full report here SNB policymaker Petra Tschudin published a report on global economic developments and monetary policy in Switzerland. She noted that the inflation outlook remains broadly under control despite recent energy-driven price pressures. Tschudin said medium-term inflation pressures are unchanged,
This is the second of two features about the use of AI tools by quants in their daily work. The first looked at how banks and buy-side firms are using AI and the lessons they have drawn from experience so far. Because of the sensitivity of the topic, Risk.net has not named interviewees. The release of newly
The unemployment rate in Poland decreased further in May to the lowest level in five months, figures from the statistical office showed on Wednesday. The unemployment rate came in at 5.9 percent in May, as expected, down slightly from April’s 6.0 percent. Moreover, this was the lowest rate since December 2025, when it was 5.7
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easyMarkets, the global CFD broker with more than 25 years of experience, has expanded its product offering with a range of new financial instruments, now available to clients on its proprietary trading platform. The new additions, broaden access to regional and global markets through a single trading environment. They include instruments linked to one of
Dollar’s rally gathered further momentum this week as a combination of technology-sector liquidation, quarter-end positioning, and growing expectations of additional Federal Reserve tightening pushed Dollar Index through a critical long-term technical barrier. The move marks one of the most important developments for the currency market in 2026, as the break above the 38.2% retracement of
Equities: The Nasdaq 100 plummeted 3.3% to close under pressure, while the S&P 500 slid 1.4% to finish at 7,365, closing below the 20-day moving average. The Dow Jones Industrial Average bucked the broader risk-off trend, closed almost unchanged on Tuesday, 23 June, supported by defensive health care stocks. Fixed Income: Selling pressure dominated short-duration
