Aramco Q1 profit jumps 25% as Hormuz risks push pipeline to full capacity

Aramco Q1 profit jumps 25% as Hormuz risks push pipeline to full capacity Source link

USD/CAD climbs after Canada jobs data surprises to the downside.

USD/CAD edges higher on Friday as softer-than-expected Canadian employment data weighs on the Canadian Dollar (CAD), even as the US Dollar (USD) remains on the back foot following mixed US…

US military carried out more airstrikes today, explosion heard near Hormuz – reports

Two reports just crossed on Iran:1) A Fox News reporter says the US military carried out airstrikes today, hitting several empty tankers trying to break the US blockade of Iran.…

AUD/USD jumps above 0.7240 as softer US wage growth offsets Iran hostilities

The AUD/USD pair surged near the 0.7240 region on Friday as traders digest a combination of escalating Middle East tensions and the latest United States (US) labor market data.Tensions were…

Silver Price Forecast: XAG/USD rallies on strong US jobs, weak Dollar

Silver (XAG/USD) trades around $80.70 on Friday at the time of writing, up 2.98% on the day, supported by a weaker US Dollar (USD) and persistent demand for safe-haven assets…

Is UAE’s exit actually the birth of an ‘Anti-OPEC’ club?

Is UAE’s exit actually the birth of an ‘Anti-OPEC’ club? Source link

Dow Jones edges higher on NFP beat as Iran reply awaited

Dow Jones Industrial Average (DJIA) futures clawed back ground on Friday after Thursday's late-session selloff dragged the cash index toward 49,500. Overnight dealing through Asia and Europe held a tight…

Mixed Feelings After the April Non-Farm Payrolls Beat and Consumer Sentiment Miss

Markets have shown their fair acts of stoicism in recent days, not reacting the slightest to bad and relatively hawkish news. Yesterday, Iran reported US strikes on its capital and…

Gold holds firm after mixed US jobs data, Middle East tensions remain in focus

Gold (XAU/USD) holds firm on Friday but lacks upside momentum as traders digest mixed US Employment data while keeping a close eye on geopolitical developments in the Middle East. At…

Putin says he thinks Russia-Ukraine war is coming to an end

Putin says he thinks Russia-Ukraine war is coming to an end Source link