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Gold edges lower amid mixed outlook
09/06/2023 01:44

Gold edges lower amid mixed outlook

The outlook for the yellow metal appears mixed as there is a lack of economic data toward the end of the week, which means market sentiment will likel...

First mover asia: bitcoin remains resilient near $26.5k, despite ongoing binance, coinbase fallout
09/06/2023 01:44

First mover asia: bitcoin remains resilient near $26.5k, despite ongoing binance, coinbase fallout

ALSO: Valkyrie’s chief investment officer expects the U.S. central bank to suspend its nearly year-long diet of interest rate increases. That might ...

Commonwealth bank of australia says chance of australian recession this year is 50%
09/06/2023 01:33

Commonwealth bank of australia says chance of australian recession this year is 50%

CBA summary points of their forecasts:We forecast GDP growth to be 0.7%/yr at Q4 23 and 1.9%/yr at Q4 24. Broadly flat real household consumption over...

China cpi for may 0.2% y/y (expected 0.3%) & ppi -4.6% y/y (expected -4.3%)
09/06/2023 01:30

China cpi for may 0.2% y/y (expected 0.3%) & ppi -4.6% y/y (expected -4.3%)

China inflation figures for May 2023 China CPI 0.2% y/y vs. expected 0.3% y/y, prior 0.1%the m/m CPI was -0.2% (expected -0.1, prior -0.1) PPI -4.6% y...

Macroalgae market is projected to reach worth of us$ 18,305.1 million at cagr of 7.8% during forecast period 2023 to 2033 | data by future market insights, inc.
09/06/2023 01:30

Macroalgae market is projected to reach worth of us$ 18,305.1 million at cagr of 7.8% during forecast period 2023 to 2033 | data by future market insights, inc.

The Japan macroalgae industry is projected to grow at a CAGR of 7.6% during the projection period. By 2033, the total market valuation in China is exp...

Aud/usd price analysis: aussie bulls seek acceptance from 0.6740 hurdle ahead of china inflation
09/06/2023 01:29

Aud/usd price analysis: aussie bulls seek acceptance from 0.6740 hurdle ahead of china inflation

AUD/USD retreats from the highest level in a month, marked the previous day, to 0.6710 during Friday’s mid-Asian session. In doing so, the Aussie pa...

Gbp/usd consolidates its recent gains to multi-week top, holds steady above mid-1.2500s
09/06/2023 01:29

Gbp/usd consolidates its recent gains to multi-week top, holds steady above mid-1.2500s

GBP/USD oscillates in a narrow trading band near its highest level since May 11. Bets for an imminent Fed rate hike pause weigh on the USD and act as ...

Hang seng index technical: potential breakout from channel resistance
09/06/2023 01:29

Hang seng index technical: potential breakout from channel resistance

Hang Seng Index has traded back above its key 200-day moving average. Positive short-term momentum has resurfaced in the past 5 days. Price actions ar...

Heads up for chinese inflation data due in just a few moments time - bottom of the hour
09/06/2023 01:26

Heads up for chinese inflation data due in just a few moments time - bottom of the hour

Earlier posts:Economic calendar in Asia Friday, 9 June 2023: Chinese inflation data for MayChinese May inflation data due today. CPI expected a touch ...

Rosen, leading trial attorneys, encourages atlas lithium corporation f/k/a brazil minerals, inc. investors to secure counsel before important deadline in securities class action – atlx, bmix
09/06/2023 01:26

Rosen, leading trial attorneys, encourages atlas lithium corporation f/k/a brazil minerals, inc. investors to secure counsel before important deadline in securities class action – atlx, bmix

WHY: NEW YORK, June 08, 2023 (GLOBE NEWSWIRE) — Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on...

Xrp needs sec v ripple optimism to target $0.5350
09/06/2023 01:15

Xrp needs sec v ripple optimism to target $0.5350

It is a quiet day ahead for XRP. A lack of SEC v Ripple Court rulings and filings would leave regulatory and US lawmaker chatter to influence. The pos...

Pboc sets usd/ cny reference rate for today at 7.1115 (vs. estimate at 7.1122)
09/06/2023 01:15

Pboc sets usd/ cny reference rate for today at 7.1115 (vs. estimate at 7.1122)

People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.USD/CNY is the onshore yuan. Its permitted to trade plu...

Crude oil price bounces around but is unable to break the range where to for wti?
09/06/2023 01:00

Crude oil price bounces around but is unable to break the range where to for wti?

Crude oil prices regained traction going into Friday after testing the downside overnight as potentially more supply coming online before USD tanked. ...

Usd/jpy pares the biggest daily loss in a month around 139.00 as yields stabilize after a slump
09/06/2023 00:59

Usd/jpy pares the biggest daily loss in a month around 139.00 as yields stabilize after a slump

The benchmark US 10-year Treasury bond yields reversed from the highest levels in a fortnight to 3.72% the previous day, around the same levels by the...

Boj governor ueda says will take into account effect and cost of policy measures
09/06/2023 00:39

Boj governor ueda says will take into account effect and cost of policy measures

Bank of Japan Governor Ueda comment hitting the news. he is speaking before parliament. Says that the Bank will strive to guide well-balanced policy t...

Pboc is expected to set the usd/cny reference rate at 7.1122 – reuters estimate
09/06/2023 00:38

Pboc is expected to set the usd/cny reference rate at 7.1122 – reuters estimate

People's Bank of China USD/CNY reference rate is due around 0115 GMT.The People's Bank of China (PBOC), China's central bank, is responsible for setti...

Global cargo bike market is estimated to be worth us$ 4.2 billion at a cagr of 11.6% during forecast of 2023 to 2033 | analysis by future market insights, inc.
09/06/2023 00:30

Global cargo bike market is estimated to be worth us$ 4.2 billion at a cagr of 11.6% during forecast of 2023 to 2033 | analysis by future market insights, inc.

The increasing demand for technologically advanced cargo bikes with longer battery lives is fueling research and development efforts and the introduct...

Btc bears to retarget sub-$26,000 with more sec moves likely
09/06/2023 00:29

Btc bears to retarget sub-$26,000 with more sec moves likely

It is a quiet day ahead for BTC. With no US economic indicators or Fed chatter to consider, US lawmaker and regulatory activity will be focal points. ...

Usd/cad price analysis: bounces off 1.3330 key support ahead of canada employment data
09/06/2023 00:29

Usd/cad price analysis: bounces off 1.3330 key support ahead of canada employment data

USD/CAD licks its wounds around 1.3360, pausing a three-day downtrend near the lowest levels in a year amid the early hours of Friday’s Asian sessio...

: trump says he’s been indicted in documents probe, with tuesday court date
09/06/2023 00:20

: trump says he’s been indicted in documents probe, with tuesday court date

Former President Donald Trump said Thursday he’s been indicted in the federal investigation into classified documents in his possession, and has bee...

Swiss franc overvalued, buy eur to chf rate say hbc analysts
08/06/2023 23:29

Swiss franc overvalued, buy eur to chf rate say hbc analysts

Foreign exchange analysts at HSBC Bank suggest the Euro to Swiss Franc (EUR-CHF) exchange rate is a good buy at 0.9750, aiming for a target of 0.9950 ...

: uber, lyft drivers would get help with deactivations under nyc bill
08/06/2023 23:26

: uber, lyft drivers would get help with deactivations under nyc bill

The city is considering a bill that would address a top issue for its tens of thousands of ride-hailing drivers: getting kicked off apps like Uber and...

Cibc on
08/06/2023 23:16

Cibc on "upside risks to aud" - forecast to 0.69

CIBC on the Australian dollar, forecasting 0.68 in Q3 2023 & 0.69 in Q4.CIBC cite:After surprising markets with rate hikes in May and June, RBA Govern...

Nzd/usd price analysis: multiple hurdles prod kiwi bulls, focus on 200-sma, china inflation
08/06/2023 23:14

Nzd/usd price analysis: multiple hurdles prod kiwi bulls, focus on 200-sma, china inflation

Overall, the NZD/USD bulls are up for retaking control but they need validation from the 200-SMA and China’s inflation gauges for May, namely the Co...

Aud/usd justifies fresh concerns of rba vs. fed divergence above 0.6700, china inflation eyed
08/06/2023 23:14

Aud/usd justifies fresh concerns of rba vs. fed divergence above 0.6700, china inflation eyed

The same almost confirms no rate hike by the US Federal Reserve (Fed) interest rate hike in the next week’s Federal Open Market Committee (FOMC) mon...

The tell: odds of u.s. ‘hard landing’ rising after fed’s refusal to pause rate hikes earlier this year, warns cam harvey
08/06/2023 23:06

The tell: odds of u.s. ‘hard landing’ rising after fed’s refusal to pause rate hikes earlier this year, warns cam harvey

Odds of a “hard landing” in the U.S. are rising, warns Campbell Harvey of Research Affiliates. Read Full Story The post The Tell: Odds of U.S. ‘...

Gold rallies as us dollar sinks on jobless claims surge, xau/usd eyes bullish engulfing
08/06/2023 23:00

Gold rallies as us dollar sinks on jobless claims surge, xau/usd eyes bullish engulfing

Gold prices rallied as the US Dollar and Treasury yields sank after an unexpected surge in US jobless claims. XAU/USD now faces a Bullish Engulfing, w...

Alantra equities downgrades amadeus it group (xmad:ams)
08/06/2023 22:59

Alantra equities downgrades amadeus it group (xmad:ams)

Fintel reports that on June 5, 2023, ALANTRA EQUITIES downgraded their outlook for Amadeus IT Group (XMAD:AMS) from Buy to Neutral . What is the Fund ...

Gold recoups losses as dollar, yields drop after jobless claims data
08/06/2023 22:59

Gold recoups losses as dollar, yields drop after jobless claims data

March, helped by weakness in the dollar following U.S. data showing a surge in jobless claims to a nearly two-year high. Read Full Story at source (ma...

Eur/usd cheers us dollar slump to march towards 1.0800 despite looming eurozone recession woes
08/06/2023 22:59

Eur/usd cheers us dollar slump to march towards 1.0800 despite looming eurozone recession woes

EUR/USD grinds near the highest levels in a fortnight after rising the most in 11 weeks. US Dollar Index ignores IMF’s hawkish urge to central banke...

Icymi: weighty consensus expects the ecb to hike rates in june and july, sticky inflation
08/06/2023 22:45

Icymi: weighty consensus expects the ecb to hike rates in june and july, sticky inflation

Reuters polling of 59 analysts shows 43 of them expect a double whammy rate rise from the European Central Bank.All 59 tip a +25bp June rate hike43 ti...

Ubs acquisition of credit suisse: more problems ahead
08/06/2023 22:44

Ubs acquisition of credit suisse: more problems ahead

UBS acquired Credit Suisse for just CHF3 billion. While the deal looks like a bargain, more problems for UBS are likely ahead. Learn the implications ...

Alantra equities upgrades pharma mar (xmad:phm)
08/06/2023 22:44

Alantra equities upgrades pharma mar (xmad:phm)

Fintel reports that on June 6, 2023, ALANTRA EQUITIES upgraded their outlook for Pharma Mar (XMAD:PHM) from Sell to Neutral . What is the Fund Sentime...

Aud/usd forecast: open road toward 0.6800 as dollar loses momentum
08/06/2023 22:44

Aud/usd forecast: open road toward 0.6800 as dollar loses momentum

The weekly Jobless Claims report in the US showed an unexpected jump in Initial Claims to the highest level since October 2021. US yields edged lower ...

: zuckerberg: apple vision pro is ‘not the one that i want,’ doesn’t have any ‘magical solutions’
08/06/2023 22:44

: zuckerberg: apple vision pro is ‘not the one that i want,’ doesn’t have any ‘magical solutions’

He claims the $3,500 Vision Pro offered no major breakthroughs Meta hadn’t “already explored” and that Apple’s first major hardware innovation...


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