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Eur/usd ignores hawkish ecb versus softer us inflation play to retreat towards 1.0960 support
11/05/2023 04:29

Eur/usd ignores hawkish ecb versus softer us inflation play to retreat towards 1.0960 support

EUR/USD retreats from a one-week-old descending resistance line, around the 1.1000 round figure, while dropping towards an upward-sloping support line...

Gold prices tick up
11/05/2023 04:14

Gold prices tick up

Globally gold prices went up, aided by a weaker dollar and economic worries, while investors seek further clarity on the U.S. Federal Reserve’s mone...

Gbp/usd aptly portrays pre-boe anxiety near 1.2630 immediate hurdle on “super thursday”
11/05/2023 04:14

Gbp/usd aptly portrays pre-boe anxiety near 1.2630 immediate hurdle on “super thursday”

GBP/USD retreats from intraday high while slipping back to 1.2620 as it inks the market’s cautious mood ahead of the all-important Bank of England (...

Hang seng index, asx200, nikkei 225: china deflation weighs
11/05/2023 04:11

Hang seng index, asx200, nikkei 225: china deflation weighs

The Hang Seng Index and the broader market struggled this morning. While softer US inflation was positive, CPI and PPI numbers from China raised red f...

China’s cpi at 0.1% yoy in apr, lowest since feb 2021
11/05/2023 03:51

China’s cpi at 0.1% yoy in apr, lowest since feb 2021

China’s CPI for April decelerated from the previous month’s 0.7% yoy to a mere 0.1% yoy, well below market expectations of 0.3% yoy. This slowdown...

Us federal reserve speakers thursday include kashkari, waller
11/05/2023 03:49

Us federal reserve speakers thursday include kashkari, waller

0845 US Eastern time, 1245 GMT: Federal Reserve Bank of Minneapolis President Neel Kashkari participates in conversation before the InvestUP Summit101...

Gold price forecast: xau/usd defines a range but upside remains favored
11/05/2023 03:44

Gold price forecast: xau/usd defines a range but upside remains favored

Nothing seems to have changed technically for Gold price, as the bullish potential remains intact, in the face of a falling wedge breakout confirmed l...

Boj opinions: current monetary easing should continue
11/05/2023 03:39

Boj opinions: current monetary easing should continue

In the Summary of Opinions at BoJ’s monetary policy meeting on April 27/28, new governor Kazuo Ueda’s debut, revealed the need to continue with cu...

European central bank speakers thursday include nagel, schnabel, de cos, de guindos
11/05/2023 03:36

European central bank speakers thursday include nagel, schnabel, de cos, de guindos

More (and more) European Central Bank rate hikes still to come?ECB officials see interest-rate increases might need to continue in SeptemberWe will be...

This golden statue was ridiculed when a local government erected it. then gold prices skyrocketed
11/05/2023 03:29

This golden statue was ridiculed when a local government erected it. then gold prices skyrocketed

A rural South Korean county was mocked for spending more than $2 million to build a statue of bats made out of real gold. But with gold prices on the ...

Aud/usd again retreats from 0.6800 on upbeat aussie consumer inflation expectations, softer china cpi/ppi
11/05/2023 03:29

Aud/usd again retreats from 0.6800 on upbeat aussie consumer inflation expectations, softer china cpi/ppi

AUD/USD takes a U-turn from the intraday high of near 0.6800 as bulls struggle to cheer upbeat inflation clues from Australia amid mixed China data pu...

Rba says 4.8% cash rate would return cpi to target faster than rate at 3.35%. well, d'uh.
11/05/2023 03:17

Rba says 4.8% cash rate would return cpi to target faster than rate at 3.35%. well, d'uh.

Bloomberg report on documents it obtained from the Reserve Bank of Australia under Australia's Freedom of Information (FOI) laws. The docs are recent,...

A wealth tax isn’t enough – to build a fairer society, we need tax cuts for workers too
11/05/2023 03:14

A wealth tax isn’t enough – to build a fairer society, we need tax cuts for workers too

Until we radically restructure our economy to reward work, we will endure a permanent housing crisis and a permanent inequality crisis. Read Full Stor...

Usd/cad: mildly bid within weekly trading range near 1.3400 on sluggish oil price, softer us inflation
11/05/2023 03:14

Usd/cad: mildly bid within weekly trading range near 1.3400 on sluggish oil price, softer us inflation

USD/CAD pares the previous day’s losses inside the weekly trading range surrounding 1.3400 amid early Thursday, mildly bid when refreshing intraday ...

Snb jordan signals readiness for further policy tightening amid inflation concerns
11/05/2023 03:12

Snb jordan signals readiness for further policy tightening amid inflation concerns

SNB Chairman, Thomas Jordan indicated yesterday that there might be a need to further tighten the monetary policy in Switzerland, signaling the bank�...

Epsilon reports first quarter 2023 results
11/05/2023 03:03

Epsilon reports first quarter 2023 results

HOUSTON, May 10, 2023 (GLOBE NEWSWIRE) — Epsilon Energy Ltd. (“Epsilon” or the “Company”) (NASDAQ: EPSN) today reported first quarter 2023 f...

Cad cam software market research, 2023-2030
11/05/2023 02:59

Cad cam software market research, 2023-2030

The major players covered in the CAD CAM Software market report are: CAD CAM Software Marketsize, segment (mainly coveringMajorType (, 3D Software, 2D...

Us prices stay high, showing inflation persists
11/05/2023 02:59

Us prices stay high, showing inflation persists

Inflation has steadily cooled since peaking at 9.1 percent last June but remains far above the Federal Reserve’s 2 percent target. Read Full Story a...

Forexlive asia-pacific fx news wrap: awaiting the bank of england decision later today
11/05/2023 02:58

Forexlive asia-pacific fx news wrap: awaiting the bank of england decision later today

UBS expect range-bound US eqty mkts that lack consistent direction until something breaksChina expecting severe heat this summer, power shortage warni...

Usd/cad holds support but can it recover?
11/05/2023 02:57

Usd/cad holds support but can it recover?

Key Highlights USD/CAD declined heavily and tested the 1.3330 support. A key rising channel is forming with support near 1.3350 on the 4-hour chart. E...

Cadjpy wave analysis
11/05/2023 02:55

Cadjpy wave analysis

CADJPY reversed from pivotal resistance level 101.00 Likely to fall to support level 99,00 CADJPY earlier reversed down once again from the pivotal re...

Usdcad wave analysis
11/05/2023 02:54

Usdcad wave analysis

USDCAD reversed from support level 1.3310 Likely to rise to resistance level 1.3500 USDCAD recently reversed up from the key support level 1.3310 (whi...

Dow jones newswires: li auto shares rise sharply in hong kong after swing to q1 net profit
11/05/2023 02:52

Dow jones newswires: li auto shares rise sharply in hong kong after swing to q1 net profit

Li Auto’s shares rose sharply in Hong Kong on Thursday morning after the Chinese electric-vehicle maker reported a swing to a net profit in the firs...

Bitcoin briefly drops below $27,000 as liquidity concerns mount
11/05/2023 02:29

Bitcoin briefly drops below $27,000 as liquidity concerns mount

Bitcoin whipsawed traders, with the largest cryptocurrency briefly falling below $27,000 for the first time in more than two weeks, amid concern decli...

Aud/usd again retreats from 0.6800 on upbeat aussie consumer inflation expectations, mixed china cpi/ppi
11/05/2023 02:29

Aud/usd again retreats from 0.6800 on upbeat aussie consumer inflation expectations, mixed china cpi/ppi

Softer US inflation data, recently release hawkish RBA documents favor Aussie bulls ahead of US PPI. Read Full Story at source (may require registrati...

Xrp faces further downside risk as investors await sec v ripple ruling
11/05/2023 02:24

Xrp faces further downside risk as investors await sec v ripple ruling

XRP avoided the red for the first time in five sessions on Wednesday. However, a lack of news from the SEC v Ripple case leaves investors on tenterhoo...

Ubs expect range-bound us eqty mkts that lack consistent direction until something breaks
11/05/2023 02:21

Ubs expect range-bound us eqty mkts that lack consistent direction until something breaks

A snippet from UBS Global Wealth Management on US equities:The market outlook is a function of how growth and inflation evolve over the next few quart...

Earnings results: sonos stock tanks 23% after audio equipment maker cuts guidance on ‘softening demand’
11/05/2023 02:11

Earnings results: sonos stock tanks 23% after audio equipment maker cuts guidance on ‘softening demand’

Shares of Sonos Inc. dropped more than 20% in the extended session Wednesday after the maker of audio products beat Wall Street expectations for its f...

Ww international, inc. announces that artal group s.a. has sold its remaining stake of ww common stock
11/05/2023 02:03

Ww international, inc. announces that artal group s.a. has sold its remaining stake of ww common stock

NEW YORK, May 10, 2023 (GLOBE NEWSWIRE) — WW International, Inc. (NASDAQ: WW) (“WeightWatchers,” “WW,” or the “Company”) today announced...

China inflation figures signal weak demand on softer inflation
11/05/2023 02:01

China inflation figures signal weak demand on softer inflation

China inflation numbers fueled recessionary jitters this morning. A larger-than-expected fall in the producer price index will raise concerns. The pos...

Nzd/usd price analysis: bulls reaching into a key area of resistance
11/05/2023 01:59

Nzd/usd price analysis: bulls reaching into a key area of resistance

NZD/USD was a string performer overnight, and according to Bloomberg, it remains the best-performing G10 currency week to date. The following, however...

Daily voice | equities may present more downside than upside potential at this time, says sunil garg of lighthouse canton
11/05/2023 01:59

Daily voice | equities may present more downside than upside potential at this time, says sunil garg of lighthouse canton

As a result, he believes that equities may present more downside than upside potential at this time. On the ongoing corporate earnings season, the sea...

Dow jones newswires: china’s consumer inflation eases in april to lowest level since early 2021
11/05/2023 01:59

Dow jones newswires: china’s consumer inflation eases in april to lowest level since early 2021

China’s consumer inflation eased to its lowest level in more than two years, as food and nonfood prices moderated, official data showed Thursday. Re...

China expecting severe heat this summer, power shortage warning, supply chain disruption
11/05/2023 01:53

China expecting severe heat this summer, power shortage warning, supply chain disruption

China is expecting higher than normal temperatures during its summer.Central, eastern, and south-western provinces are likely to experience shortages ...

Gold price forecast: xau/usd bulls approach $2,050 hurdle as us inflation, yields ease
11/05/2023 01:44

Gold price forecast: xau/usd bulls approach $2,050 hurdle as us inflation, yields ease

More Inflation clues from China, US eyed for clear Gold price directions. Read Full Story at source (may require registration) The post Gold Price For...


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