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Eur/usd could recover, bitcoin price clears $30k
Key Highlights EUR/USD is attempting a recovery wave above the 1.0550 resistance. A key contracting triangle is forming with resistance near 1.0600 on...
China to hold its financial conference focused on economy, debt risks
China will hold its National Financial Work Conference at the end of October (30 and 31)It'll be focused on resolving debt-related risks, notably loca...
Bitcoin firms its grip on 30k handle, yet a warm summer remains uncertain
Bitcoin, in today’s subdued Asian trading session, has shown promising signs of firmly grasping 30k level finally. Last week, the digital currency e...
Private banks tighten vigil on small unsecured loans
Mumbai: Small loans may turn out to be a big worry for banks. Some lenders are seeing stress rise in small-ticket unsecured personal loans as borrower...
Goldman sachs says fx outflows from china in september hit us$75 bln, biggest since 2016
Goldman Sachs using its preferred measure, alongside official data from China, of FX capital flows:Capital outflows from China rose sharply to $75 bil...
Gold, silver prices unchanged; yellow metal trading at rs 61,750 per 10g
The price of 24-carat gold remained unchanged in early trade on Monday, with ten grams of the precious metal selling for Rs 61,750, according to the G...
Gbp/usd hovers above 1.2150 major level, focus on uk employment, pmi data
GBP/USD struggles to extend gains as US Dollar rebounds. UK Retail Sales dipped to 0.9% against the expected 0.1% decline. Upbeat US Treasury yields p...
Australian pm albanese confirms he will meet with communist party chair xi in china in nov
Australian Prime Minister Albanese will visit China from November 4 to 7Will meet with Chinese Communist Party Chairman Xi Jinping Albanese will becom...
Chinese police raided the shanghai offices of a london-based firm, detained an executive
The Wall Street Journal with the report that Chinese police have raided the Shanghai offices of GroupM, a media-investment group and unit of London-ba...
Crude oil correction in play; natural gas’ rebound may not be over
Crude oil’s downward correction that started a few weeks ago may not be over just yet. Natural gas has retreated following the bullish break earlier...
China's csi300 benchmark blue chip index has hit its lowest since february 2019
I posted earlier on the woes at FoxConn:China tax and other officials have launched an investigation into iPhone maker FoxConnSays Bloomberg:Chinese a...
Precious-gold drops from 5-month peak ahead of us inflation data this week
Oct 23 (Reuters) – Gold prices fell on Monday, retreating from a five-month peak scaled in the previous session, as robust U.S. Treasury yields cut ...
Pboc sets usd/cny reference rate at 7.1792 vs. 7.1793 previous
On Monday, the People’s Bank of China (PBOC) fixed the USD/CNY central rate at 7.1792, compared with Friday’s fix of 7.1793 and market expectation...
Xrp news: november 9 deadline – sec and ripple on the brink of settlement
With November 9 approaching, SEC and Ripple engage in talks, seeking resolution and remedies for alleged Ripple violations. The post XRP News: Novembe...
Deutsche bank slash their eur/usd year end forecast to 1.07 (from 1.15)
Snippet from DB on the euro, saying their view on it is neutral and hence they've lowered their end-2023 forecast to 1.07 from 1.15 previously. DB say...
Foreign selling of malaysian equities swelled to rm613m last week, says midf
Foreign selling of Malaysian equities swelled to RM613 million last week, from an inflow of RM10.2 million in the week prior, according to MIDF Resear...
Gold pulls back from haven-driven highs
Gold was lower in early Asian trade, pulling back after climbing above $2,000 an ounce last Friday for the first time since early August. Read Full St...
Bitcoin price prediction 2023, 2025, 2027, and 2030: price movement after bitcoin halving – coingape
Bitcoin has been the flagship of cryptocurrencies and has made it a household name. The digital revolution that is radically changing … Read Full St...
Pro-bitcoin javier milei trails as argentina’s presidential election goes to run-off
Pro-Bitcoin (BTC) presidential candidate Javier Milei failed to secure victory in the first round of the Argentine presidential election and is now se...
Eurnzd wave analysis
EURNZD rising inside sharp impulse wave 3 Likely to test resistance level 1.8260 EURNZD currency pair rising inside the sharp upward impulse wave 3, w...
Eurchf wave analysis
EURCHF reversed from support level 0.9420 Likely to test resistance level 0.9530 EURCHF currency pair recently reversed up from the major support leve...
Binance to celebrate 13 years of ‘bitcoin pizza day’ with global events – business today
FeedbackWorld’s largest cryptocurrency exchange Binance is celebrating the thirteenth anniversary of Bitcoin Pizza Day on social media and Binance a...
Nzd/usd extends the losses due to the risk-off sentiment amid israel-gaza conflict
NZD/USD continues the losses on fears over the escalating Middle-East situation. Fed Chair Powell’s recent statements provided some support for the ...
Australian dollar extends losses amid us dollar rebounds, focus on us, australia data
The Australian Dollar (AUD) continues the losing streak for the fourth successive day on Monday. The AUD/USD pair faces challenges due to a rebound in...
China tax and other officials have launched an investigation into iphone maker foxconn
Global Times report over the weekend:Chinese mainland tax authorities have conducted tax inspections on key enterprises of Foxconn Natural resources d...
Pboc sets usd/ cny reference rate for today at 7.1792 (vs. estimate at 7.3109)
The 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...
Eur/usd holds below the 1.0600 mark ahead of ecb rate decision
Market players await the European Central Bank (ECB) meeting on Thursday, with the Deposit Rate likely to remain at 4.00%. Read Full Story at source (...
Aud traders - reserve bank of australia governor bullock speaks tuesday on monetary policy
RBA Governor Bullock spoke last week:RBA Gov Bullock says is a bit more worried about the inflation impact from supply shocksMore from RBA Gov Bullock...
Bitcoin & solana lead the charge as this week’s top crypto gainers as new cryptos rally to presale milestones!
Bitcoin & Solana are the 2 best-performing cryptos this week, but is the growth sustainable? 3 presale alternatives that could see big gains! Read Ful...
Japan’s ruling ldp won 1 seat and lost 1 seat in sunday’s diet by-elections
There were two by-elections in Japan on Sunday:one for a lower house seatone for an upper house seatthe ruling Liberal Democratic Party won the lower ...
Usd/jpy forecast: chicago fed index in focus for rate hike clues
The USD/JPY hinges on BoJ updates, Middle East developments, and the Chicago Fed National Activity Index. The post USD/JPY Forecast: Chicago Fed Index...
Gold price slips after stellar rally despite lofty treasury yields. higher xau/usd?
The gold price pulled back to start the week after notching a five-week peak last Friday. Higher Treasury yields and US Dollar look to have been overr...
Pboc is expected to set the usd/cny reference rate at 7.3109 – 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...
China's envoy to the middle east on gaza, says rising risk of large-scale ground conflict
China's envoy to the Middle East had comments reported via Chinese Communist Party state media.China's official statements have completely avoided ref...
Gold price forecast: xau/usd bulls take a breather below the $2,000 mark, us data, geopolitical tensions eyed
Gold price currently trades near $1,975 after retracing from the nearly $2,000 mark. Federal Reserve (Fed) Chair Powell and other Fed officials signal...