US natural gas prices trade over 4% higher today, bring a combined rebound off the Friday’s low to almost 8%. Improved sentiment towards natural gas prices can be reasoned with higher forecasted temperatures for key states which hint at increased demand for cooling. Over a third of power plants in the United States are gas-operated […]

Apple (AAPL.US), iPhone manufacturer, reported earnings for fiscal-Q2 2023 (calendar Q1 2023) yesterday after the close of the Wall Street session. Results turned out to be better-than-expected, thanks to a beat in iPhone sales. Company has also announced a $90 billion increase in buyback programme as well as increase in quarterly dividend for the eleventh […]

As is usually the case for the first Friday of a new month, traders will be offered jobs data from the United States and Canada. Both reports will be released at 1:30 pm BST today, meaning that USDCAD is likely to experience a jump in short-term volatility around that hour.  Of course, the US report […]

European index futures point to a slightly higher opening of the cash session on the Old Continent today. Turmoil in the US banking sector was re-ignited and is once again playing a major role in market moves. However, traders will be offered some top-tier macro releases today that may help them distract from banking issues. […]