"The US economy will have a significant, historic contraction in the second quarter and we may have reached the peak of unemployment," Dallas Federal
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HTZ Stock Price: Hertz Global Holdings bankruptcy means new shares could be worthless, according to the firm
For those that did not understand the meaning of "bankrupt" Hertz Global Holdings Inc – the firm behind the well-known car-renting brand – made it cle
S&P 500 technical analysis: Will SPX be able to clear 200-day SMA?
The S&P 500 Index (SPX) lost nearly 5% last week and registered its biggest weekly percentage decline since the end of March. Although the index opene
WTI oil trims losses and approaches $36 area
Front-month WTI futures are ticking up above $35 after having retreated to $34.50 lows on Monday’s early US session. The overall trend, however, remai
UK PM Johnson: No reason why we shouldn't get a deal with EU in July
When asked about a cutoff date for a deal with the European Union, British Prime Minister Boris Johnson said that he sees no reason why they shouldn't
Russia's Gazprom Neft: Oil output reduced by 19% as part of OPEC+ deal
Gazprom Neft, the third-largest oil producer in Russia, has announced on Monday that it lowered its oil output by 19% as part of the OPEC+ agreement.
BoJ Preview: Changes in the yield-curve control and rates to rock the yen
The Bank of Japan is having a monetary policy meeting this Tuesday at 03:00 GMT and the most likely scenario is a wait-and-see stance. The Japanese ye
NZD/USD steadily climbs beyond mid-0.6400s, lacks follow-through
The NZD/USD pair built on its steady intraday recovery move from near two-week lows and was last seen trading near session tops, around the 0.6450-55
S&P 500 starts new week deep in red below 3,000
Major equity indexes in the US started the first day of the week deep in the negative territory as investors remain worried about a second coronavirus
Gold dives to fresh session lows, closer to $1700 mark
Gold continued losing ground through the early North American session and dropped to near one-week lows, around the $1705 region in the last hour. The