BREAKING NEWS
European Equities Close Mixed in Thursday Trading; European Central Bank Cuts Rates
Thursday, Apr 17, 2025Latest News
Oil Rises Again With Risk to Iran Supply, Trade Outlook in Focus
Oil rose for a second day after the Trump administration again vowed to reduce Iran's energy exports to zero, while talks between the US and Japan stirred optimism that agreements on trade can be reached. Brent crude climbed above $66 a barrel after advancing almost 2% on Wednesday, putting fu...
- Thursday, Apr 17, 2025
US Initial Jobless Claims Fall to 2-Month Low
Initial jobless claims in the United States fell by 9,000 from the previous week to 215,000 on the second week of April, contrasting with market expectations that they would rise by 1,000 to 225,000, to mark the lowest number of new claims in over two months. The result continued to reflect a histo...
- Thursday, Apr 17, 2025
GBP/USD Price Forecast: Rally pauses near 1.3300
The GBP/USD pair ticks lower to near 1.3230 during European trading hours on Thursday. The Cable edges lower as the US Dollar (USD) attracts some bids on meaningful progress in trade talks between the United States (US) and Japan. The US Dollar Index (DXY), which tracks the Greenback's value agains...
- Thursday, Apr 17, 2025
Trump Berates Fed's Powell, Urges ‘Termination' for Slowness
President Donald Trump said Federal Reserve Chair Jerome Powell's termination from his position can't come quickly enough, arguing that the US central bank should have lowered interest rates already this year, and in any case should do so now. Trump, derisively nicknaming the Fed cha...
- Thursday, Apr 17, 2025
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Economic Calendar View All
Time | Country | Impact | Figures | Previous | Forecast | Actual |
---|---|---|---|---|---|---|
06.30 | JPN | L | National Core CPI y/y | 3.0% | 3.2% | - |
15.00 | EUR | L | Italian Trade Balance | -0.26B | - | - |
All Day | AUD | L | Bank Holiday | - | - | - |
All Day | EUR | L | German Bank Holiday | - | - | - |
All Day | GBP | L | Bank Holiday | - | - | - |
Gold Corner View All
Gold Will Maintain Its Upward Momentum as Fed Cuts, Sovereign Buying, ETF Flows Support Prices – ING's Manthey
Gold prices will peak in the fourth quarter as investors focus on Fed cuts, while ETF inflows and central bank buying continue to provide support agai...
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