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US Treasury Bessent to press G20 ministers on Iran funding
The US Treasury Secretary Scott Bessent said on Thursday that he will ask finance ministers at the G20 meeting to cut off economic flows that sustain the Iranian regime and the Islamic Revolutionary Guard Corps, according to Fox Business News.
United States 7-Year Note Auction increased to 4.512% from previous 4.473%
United States 7-Year Note Auction increased to 4.512% from previous 4.473%
Silver charges toward $70, but Warsh could cool rally
Silver (XAG/USD) accelerates on Thursday and trades around $69.50 at the time of writing, up 2.74% on the day. The white metal is approaching the upper end of the range that has contained price action this week, as investors turn their attention to the Jackson Hole Symposium.
Forex Today: Jackson Hole and US jobs in the limelight
The US Dollar (USD) has navigated an inconclusive range on Thursday, struggling to build on the previous dayâs gains and briefly reaching multi-day peaks.
EUR/USD Price Forecast: Buyers remain in charge above the 200-day SMA
EUR/USD is virtually unchanged on Thursday, with price action settling into consolidation after the pair climbed to a three-month high of 1.1711 earlier this week.
United States 4-Week Bill Auction climbed from previous 3.64% to 3.65%
United States 4-Week Bill Auction climbed from previous 3.64% to 3.65%
Twenty-eight names eat the Dow Jones Industrial Average's two blowouts
The Dow Jones Industrial Average (DJIA) trades near 53,600 on Thursday, ahead 0.29% in the session across a range running from the 53,300 area to just above 53,700.
British Pound slips on solid US jobless claims as Fed hawks lift USD
The Pound Sterling (GBP) registers back-to-back bearish days on Thursday, down about 0.05% against the US Dollar (USD) after economic data showed the labor market remains solid, while investors eye Federal Reserve (Fed) speakers at the Jackson Hole Symposium.
Japanese Yen remains fragile ahead of Tokyo CPI, Warshâs Jackson Hole speech
USD/JPY trades in a narrow range below 160 on Thursday, with neither side able to build strong momentum. The US Dollar (USD) is struggling to extend Wednesdayâs recovery, while persistent weakness in the Japanese Yen (JPY) continues to keep the pair supported.
Thailand: Stable policy anchors short-end yields â DBS
DBS Group Research economist Chua Han Teng expects the Bank of Thailand (BoT) to keep its policy rate at 1.00% through 2026, following the unanimous decision on August 26 to stay on hold.
United States Kansas Fed Manufacturing Activity remains at 17 in August
United States Kansas Fed Manufacturing Activity remains at 17 in August
Chinese Yuan: Structural export drivers outweigh CNY â Commerzbank
Commerzbankâs Michael Pfister examines whether the weaker CNY explains Chinaâs rising export market share. Using bilateral real exchange rates across major partners, he finds no systematic link between CNY moves and market share gains, including in advanced sectors like electric cars.
Fed's Hammack says ânowâ is the time to tackle inflation
Cleveland Federal Reserve (Fed) President Beth Hammack crossed the wires on CNBC on Thursday as the Jackson Hole Symposium begins.