But no one will answer. In a desperate attempt to try and “fix” this whole mess of a situation, US president Trump has called for allies to step in and help with the Strait of Hormuz de facto closure. His suggestion is for the countries affected to send their own warships to help escort ships through the strait. In…
US President Donald Trump warned that the North Atlantic Treaty Organization (NATO) faces a “very bad” future if US allies fail to assist in opening up the strait of Hormuz, the Financial Times reported on Monday. Trump further stated on Sunday that he has demanded about seven countries send warships to keep the Strait of Hormuz open, but his appeals…
Cable has been cruising lower inside a descending channel, and it looks like another bearish correction is in the works. Is the trend still our friend? Check out these potential resistance zones on the 4-hour time frame! GBP/USD 4-hour Forex Chart Faster with TradingView Persistent risk-off flows stemming from the ongoing US-Iran war have been propping the safe-haven U.S….
China’s industrial output, retail sales and investment beat expectations early in 2026, but the property sector remained deeply in contraction. Summary: China’s industrial output rose 6.3% y/y, beating forecasts of 5.0% and accelerating from December’s 5.2%. Retail sales increased 2.8% y/y, above the 2.5% forecast and up from December’s 0.9%. Fixed-asset investment rose 1.8% y/y versus expectations for a…
US President Donald Trump said on Monday that he is discussing with other countries about policing the Strait of Hormuz, adding that Israel is collaborating with the US on securing the vital shipping route. Key quotes They want to negotiate badly yet I don’t think they are ready. We are discussing with other countries about policing the Strait of…
Trump says the U.S. is striking Iranian drone sites and seeking international help to secure the Strait of Hormuz, though details of any coalition remain uncertain. Summary: Trump said Iran wants negotiations but is not yet ready to engage. The U.S. claims it is striking Iranian drone manufacturing facilities. Washington is discussing Hormuz security arrangements with seven countries. Trump…
The war in the Middle East intensified over the weekend, leading to opening gaps across the FX board. In the case of the USD/JPY pair it gapped marginally lower and trades around 159.50, following weekend comments from Japanese Finance Minister Satsuki Katayama, who expressed concerns over the recent sharp depreciation of the Japanese yen, and pledged to closely monitor…
New Zealand’s services sector slipped back into contraction in February, with the BNZ–BusinessNZ PSI falling to 48.0 as weak demand, high living costs and interest rates continued to weigh on activity. investingLive Exclusive 30m ago
SentinelOne, Inc. (S) has endured a persistent and aggressive sell-off, shedding over 50% of its market value since the end of November 2024. This decline was strictly contained by a steep declining trendline, but the technical narrative for the cybersecurity firm appears to be shifting. Breaking the Trendline For the first time since the decline began, price action has…
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you…
