Forex
Oil and Yields Squeeze the Equity Cushion From Both Sides What’s happening: Global risk sentiment weakened on Thursday as Brent briefly pushed above $105 on renewed reports of possible US military action against Iran, while the US 10-year Treasury yield returned to around 5.35%, close to levels last seen in 2002. US equity futures fell…
Netherlands based regulated trading venue One Trading has announced a strategic investment from Nasdaq Ventures. The investment reflects Nasdaq Ventures’ focus on investing in technologies that can support the continued modernisation of global capital markets, and establishes a foundation for Nasdaq and One Trading to explore future areas of collaboration. One Trading’s unified deterministic trading,…
US initial jobless claims fell from a revised 199K to 197K in the week ending October 3, coming in below the 200K consensus and pointing to continued restraint in layoffs. The four-week moving average also declined from 200.5K to 198K, reinforcing the picture of a labor market that has cooled without showing signs of a…
Apparently responding to international pressure, the People’s Bank of China, China’s central bank, on October 8 took the rare step of publishing a dedicated article laying out its official stance on RMB exchange rate policy, October 2026 The RMB exchange rate, as an important price in the financial market, has been a subject of attention…
Brent price jumped over 4% and hit the two-week high on Thursday, following further escalation in the Middle East and hurricane that cut US oil and gas production. Growing supply worries over the strongest attacks on ships in the Gulf and Strait of Hormuz (compared to Wednesday’s news that 81% of oil flow through Hormuz…
Image used for representation purpose only. | Photo Credit: Reuters The rupee depreciated by 13 paise to close at 96.88 (provisional) against the U.S. dollar on Thursday (October 8, 2026), on risk aversion in global markets amid escalation of geopolitical tensions. Forex traders said the rupee is under pressure amid persistent macroeconomic headwinds, including global…
Gold traded around 4,130 USD per ounce on Thursday, remaining near its lowest levels since early August, although it is currently making a strong attempt to rebound. Pressure on the metal intensified following the release of the Fed minutes, which kept the prospect of another US rate hike before year-end alive. Elevated oil prices remain…
London based Retail FX and CFDs broker Fortrade Limited has released its financial results for 2025, indicating that the company saw an increase the top line but a decrease in profitability, although at levels still well below the company’s best years in 2020-2022. Revenues at Fortrade came in at £26.1 million in 2025, up by…
Micron Technology, Inc. (NASDAQ: MU) currently trades around $1,087.61, with the ongoing semiconductor industry cycle supporting… Written by: Arslan Ali Butt • Thursday, October 8, 2026 • 4 min read • Last updated: Thursday, October 8, 2026 Add an article to your Reading List Register now to be able to add articles to your reading…
Gold came under increased pressure from stronger dollar on Wednesday and cracked key $4120/$4100 support zone (Fibo 76.4% of $3942/$4697 rally / round-figure) which contained several attacks in past two weeks. Recent action with temporary base but limited upticks capped by falling 10DMA and remaining below bear-trendline off $4697 peak, signals scenario of consolidation preceding…