Street Calls of the Week
Severe weather rolled into Chicago on Wednesday and Thursday, but the impact of last week’s storms were felt long into the weekend.
Currencies
Is AI making markets more or less efficient?
Artificial intelligence (AI) is transforming the workforce, and not always for the better. As companies continue to adopt AI to boost productivity, many are also cutting human jobs and replacing them with tools like Cha…
Ford, Canada’s Unifor reach tentative deal on labor contract
Ford Motor Co. and Unifor — the union that represents Canada's autoworkers — will begin bargaining for a new contract and Unifor's leaders call it "the most consequential" talks of their lifetimes.
Broader AI demand is key for Nvidia investors, Morgan Stanley says
The convergence of SpaceX, OpenAI, and Anthropic on public markets in 2026 represents the most consequential wave of technology IPOs since the dot-com era. With a combined target valuation exceeding $3.7 trillion, these…
China halts helium exports as renewed Middle East tensions threaten chip supplies
This Energy Explained post represents the research and views of the author(s). It does not necessarily represent the views of the Center on Global Energy Policy. The piece may be subject to further revision. Contributio…
Corporate America offers stronger proof AI is boosting profits, productivity: MS
NEW YORK; July 10, 2025 – Accenture (NYSE: ACN) and Microsoft Corporation (NASDAQ: MSFT) are co-investing in the development of advanced generative AI-driven cyber solutions to help organizations mitigate threats and co…
Oregon drops motion to delay Paramount-Warner Bros deal
Boeing marked another step in a marathon comeback Friday when it celebrated expanded production of the 737 MAX, now an aircraft in heavy demand after earlier disasters tarnished the company's reputation. At a rousing ri…
New York City to ban firms from using subscription traps, officials say
Deputy Mayor Julie Su, Economic Justice: Good morning, everyone, and thank you for being here. I especially want to thank the mayor because now when anybody asks me if I've been to the gym, I can say yes. I'm Julie Su, …
Forecasting the upcoming week: US CPI and Warsh testimony to test the Dollar’s recovery
The upcoming week will bring a major test for the US Dollar (USD), with investors focusing on the United States Consumer Price Index (CPI), Federal Reserve (Fed) Chair Kevin Warsh’s congressional testimony and a broad s…
Singapore: Resilient GDP and strong NODX – DBS
DBS economists Radhika Rao and Mo Ji forecast Singapore’s advance 2Q26 Gross Domestic Product (GDP) growth at 5.8% year-on-year and 1.5% quarter-on-quarter seasonally adjusted, slightly below 1Q26 but still resilient. T…
Indonesian Rupiah: Weakness risks persist – MUFG
MUFG’s Lloyd Chan highlights the Indonesian rupiah’s continued vulnerability as USD/IDR moved back above 18,000 amid renewed Middle East tensions and elevated US yields. Although attractive government bond and SRBI yiel…
Malaysian Ringgit: Range-bound outlook holds against US Dollar – MUFG
MUFG’s Lloyd Chan notes Bank Negara Malaysia (BNM) kept the Overnight Policy Rate (OPR) at 2.75% and expects it to stay on hold through 2026, with domestic fundamentals described as broadly supportive. Recent Malaysian …
Chinese Yuan: Reflation gap weighs against US Dollar – Commerzbank
Commerzbank analysts highlight that China’s June Consumer Price Index (CPI) slowed to 1.0% year-on-year while Producer Price Index (PPI) rose 4.1%, widening the PPI-CPI gap and squeezing downstream margins. The PBoC ack…
On Holding options trading surges as shares climb
As of June 15, SpaceX (SPCX) trades at $171.91, following a strong IPO debut and a 19.2% gain on its first day. Technical indicators suggest further upside, with a target of $183.96, supported by MSCI inclusion and limi…
Silver Price Forecast: Lower high structure holds, bear's eye $55.00
Silver price retreats on Friday during the North American session, edging down by 0.54%, weighed by high US Treasury yields and a sudden shift in market sentiment, after US President Trump revealed that the ceasefire is…
Taiwan Dollar: CBC inflation risks support against US Dollar – Commerzbank
Commerzbank’s report on Taiwan notes that stronger inflation, with core CPI at 2.5%, is likely to push the CBC towards a more hawkish stance, including a possible 12.5 bp hike in H2. Despite robust AI-driven exports and…
Shopify tells users to remove vapes from online stores
By Howard Schneider and Ann Saphir WASHINGTON, July 10 (Reuters) – U.S. inflation “stepped up further this spring” as the evolving impact of tariffs, energy costs driven higher by conflict in the Middle East, and the bo…
Federal Reserve: Monetary policy report cites “high inflation” due to tariffs
The Federal Reserve (Fed) released its monetary policy report on Friday , in which the US central bank acknowledged that inflation remains elevated and that the labor market is broadly stable, a signal that the price st…
AUD/USD climbs as Chinese Yuan strength supports the Aussie
AUD/USD advances toward the 0.6960 area on Friday, supported by a softer US Dollar (USD) and renewed strength in the Chinese Yuan (CNY). The pair continues to recover on the four-hour chart, although escalating tensions…
Silver edges lower despite Middle East tensions as Fed rate hike bets limit recovery
Silver (XAG/USD) trades slightly lower on Friday, hovering around $59.90 at the time of writing, down a modest 0.08% on the day. The white metal is struggling to extend its rebound as renewed tensions in the Middle East…
South Korean Won: Rate hike support from exports and inflation – DBS
DBS economists Radhika Rao and Mo Ji expect the Bank of Korea (BoK) to raise its base rate to 2.75% from 2.50% in July, citing persistent CPI inflation above 3% and resilient growth. They highlight robust exports and in…
European Central Bank: One more hike base case as data soften – OCBC
OCBC strategists Christopher Wong and Sim Moh Siong note that the European Central Bank's (ECB) June minutes justified the latest rate hike while keeping flexibility on future moves. Since then, Oil prices have fallen s…
Gold heads for weekly loss as Middle East uncertanity, Fed hike fears cap recovery
Gold (XAU/USD) trades on the back foot on Friday, struggling to build on the previous day's gains and heading for a weekly loss as renewed hostilities in the Middle East have revived fears of energy-driven inflation and…
NZD/USD Price Forecast: Recovery extends, but overhead SMAs cap the upside
NZD/USD remains on the front foot on Friday and is heading for a second consecutive weekly gain after the Reserve Bank of New Zealand (RBNZ) raised the Official Cash Rate (OCR) by 25 basis points (bps) on Wednesday and …