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Eur/usd price analysis: 100-sma probes buyers amid sluggish start to the key week
06/03/2023 04:59

Eur/usd price analysis: 100-sma probes buyers amid sluggish start to the key week

Sluggish MACD signals join sustained trading below two-month-long horizontal hurdle, 200-SMA to keep bears hopeful. EUR/USD rebound pokes the 100-SMA ...

Taiwan defence minister warns of china military’s ‘sudden entry’ into areas close to island
06/03/2023 04:51

Taiwan defence minister warns of china military’s ‘sudden entry’ into areas close to island

TAIPEI (Reuters) – Taiwan Defence Minister Chiu Kuo-cheng warned on Monday the island has to be on alert this year for Chinese military’s “sudde...

Hang seng index, asx200, nikkei 225: hang seng trails on growth targets
06/03/2023 04:48

Hang seng index, asx200, nikkei 225: hang seng trails on growth targets

It has been a bullish start to the week for the Asian equity markets. However, the Hang Seng Index trails as investors respond to China’s growth tar...

Bridgewater defensive alpha strategy to generate returns negatively correlated to equities
06/03/2023 04:46

Bridgewater defensive alpha strategy to generate returns negatively correlated to equities

Bridgewater launched its new "Defensive Alpha" in July last year according to regulatory filings that have only just come to light.

...

Tesla cuts prices of model s and model x variants in us- website
06/03/2023 04:36

Tesla cuts prices of model s and model x variants in us- website

(Reuters) – Tesla Inc has cut prices of its Model S and Model X vehicles in the U.S., its website showed, days after its chief executive Elon Musk s...

Reports that 2 ukrainian pilots are in the us re training to fly aircraft including f-16
06/03/2023 04:35

Reports that 2 ukrainian pilots are in the us re training to fly aircraft including f-16

Weekend report on NBC (and across other media also):

  • Two Ukrainian pilots are in the U.S. undergoing an assessment to determine how long...

Gbp/usd starts recovery while usd/cad faces key resistance
06/03/2023 04:32

Gbp/usd starts recovery while usd/cad faces key resistance

GBP/USD is correcting losses and trading above the 1.2000 zone. USD/CAD is struggling to clear the 1.3650 resistance zone.Important Takeaways for GBP/...

Gold, silver prices remain unchanged, yellow metal trades at rs 56,550
06/03/2023 04:29

Gold, silver prices remain unchanged, yellow metal trades at rs 56,550

The price of ten grams of 24 carat gold in Delhi, Bengaluru, and Chennai is Rs 56,700, Rs 56,600, and Rs 57,280, respectively … Read Full Story at s...

Gold prices retreat marginally
06/03/2023 04:29

Gold prices retreat marginally

SJC gold price fell 0.07% to VND66.85 million ($2,819.78) per tael Monday morning. Gold ring price dropped 0.09% to VND54.3 million per tael. A tael e...

Crypto price today: bitcoin holds $22,000; xrp, solana, dogecoin, shiba inu shed up to 3%
06/03/2023 04:29

Crypto price today: bitcoin holds $22,000; xrp, solana, dogecoin, shiba inu shed up to 3%

Bitcoin was trading flat as the largest crypto asset was able to hold $22,000 mark amid the volatility, whereas Its largest peer Ethereum was also dow...

Asia stocks firm, china sets cautious goal for growth
06/03/2023 04:27

Asia stocks firm, china sets cautious goal for growth

By Wayne Cole SYDNEY (Reuters) – Asian shares edged up on Monday while bond markets held their breath ahead of an update on the U.S. rate outlook fr...

Former top credit suisse shareholder sells full stake in bank
06/03/2023 04:17

Former top credit suisse shareholder sells full stake in bank

(Reuters) – Harris Associates, one of Credit Suisse’s longest major shareholders, has sold its entire stake in the Swiss bank after losing patienc...

Tesla (tsla) price cuts to model x awd and model x plaid and more
06/03/2023 04:15

Tesla (tsla) price cuts to model x awd and model x plaid and more

Tesla

  • Cuts price of Model X AWD to $99,990 from $109,990
  • Cuts price of Model X Plaid to $109,990 from $119,990
  • Cuts pr...

Gbp to usd forecasts: bears eye $1.1950 on housing sector data
06/03/2023 04:06

Gbp to usd forecasts: bears eye $1.1950 on housing sector data

It is a quiet Monday for the GBP to USD. The UK Construction PMI will be in focus. UK house price woes could give the construction PMI a greater weigh...

Week ahead in fx (mar. 6 – 10): 3 interest rate decisions plus the us nfp report
06/03/2023 04:05

Week ahead in fx (mar. 6 – 10): 3 interest rate decisions plus the us nfp report

Traders are in for a busy week as we anticipate THREE central bank announcements plus the release of Uncle Sam’s latest labor market data......

Eur/usd to target $1.07 on euro area retail sales and ecb chatter
06/03/2023 03:57

Eur/usd to target $1.07 on euro area retail sales and ecb chatter

It is a relatively busy start to the week for the EUR/USD. Euro area retail sales and the ECB’s Philip Lane will be in focus ahead of US factory ord...

Ecuador judge oks bribery charges against ex-president over chinese dam contract
06/03/2023 03:51

Ecuador judge oks bribery charges against ex-president over chinese dam contract

QUITO (Reuters) – An Ecuadorian judge approved on Sunday prosecutors’ request to charge former President Lenin Moreno with bribery over a contract...

Factbox-south korea moves to resolve historical, legal disputes with japan
06/03/2023 03:51

Factbox-south korea moves to resolve historical, legal disputes with japan

SEOUL (Reuters) – South Korea on Monday proposed establishing a public foundation to compensate victims of wartime forced labour by Japan, to help r...

Ecb lagarde: recent economic indicators confirming 50bps hike in march
06/03/2023 03:50

Ecb lagarde: recent economic indicators confirming 50bps hike in march

ECB President Christine Lagarde reiterated that it’s “very, very likely” for the central bank to raise interest rate by 50bps this month. The de...

Foreign institutions offload malaysian equities
06/03/2023 03:44

Foreign institutions offload malaysian equities

While foreign fund sold their holdings of Malaysian equities, local funds and retailers went on a buying spree. (AFP pic) KUALA LUMPUR: Foreign funds ...

Bitcoin, ethereum, dogecoin slide as silvergate crumbles: analyst says apex crypto’s streak ‘has been broken’
06/03/2023 03:44

Bitcoin, ethereum, dogecoin slide as silvergate crumbles: analyst says apex crypto’s streak ‘has been broken’

Major coins traded in the red on Sunday evening as investors continued to digest crypto-friendly bank Silvergate Capital’s (NYSE: SI) failure. Read ...

Fed daly: disinflation momentum uncertain, further tightening necessary
06/03/2023 03:37

Fed daly: disinflation momentum uncertain, further tightening necessary

San Francisco Fed President Mary Daly said that the uptick in headline and core inflation rates in January indicates that disinflation momentum is unc...

Ecb chief economist philip lane is speaking monday, on inflation
06/03/2023 03:37

Ecb chief economist philip lane is speaking monday, on inflation

European Central Bank Chief Economist Philip Lane is speaking at 10000 GMT, which is 0500 US Eastern time.

  • Its a Q&A session focused on...

China confident of achieving 2023 economic growth target: state planner
06/03/2023 03:36

China confident of achieving 2023 economic growth target: state planner

BEIJING (Reuters) -China is confident of achieving its 2023 economic growth target as the economy picks up, the vice head of the state economic planne...

Wagner chief says russian position at bakhmut at risk without promised ammunition
06/03/2023 03:36

Wagner chief says russian position at bakhmut at risk without promised ammunition

By Nick Starkov KYIV (Reuters) – The head of Russia’s Wagner mercenary force warned that Russia’s position around the eastern Ukrainian city of ...

Usd/jpy traces sluggish yields below 136.00, fed’s powell, boj’s kuroda in the spotlight
06/03/2023 03:29

Usd/jpy traces sluggish yields below 136.00, fed’s powell, boj’s kuroda in the spotlight

USD/JPY fades the week-start corrective bounce amid market’s inaction. Treasury bond yields defend previous retreat from multi-month high despite fa...

Russia works to ease visa regime for india, other countries – tass
06/03/2023 03:21

Russia works to ease visa regime for india, other countries – tass

(Reuters) – Russia is working on easing visa procedures for six countries, including India, Syria and Indonesia, the state TASS news agency cited De...

Rba expected to hike by 25bp tomorrow
06/03/2023 03:21

Rba expected to hike by 25bp tomorrow

The RBA are expected to hike their overnight cash rate (OCR) by 25bp, which would see the OCR at a 10-year high of 3.6%. We noted in their February me...

Eur/usd bears remain active below 1.0700
06/03/2023 03:15

Eur/usd bears remain active below 1.0700

Key Highlights EUR/USD extended its decline and tested the 1.0535 zone. It cleared a key bearish trend line with resistance near 1.0595 on the 4-hours...

Usd/chf price analysis: pokes 50-sma hurdle below 0.9400 ahead of swiss inflation release
06/03/2023 03:14

Usd/chf price analysis: pokes 50-sma hurdle below 0.9400 ahead of swiss inflation release

USD/CHF picks up bids to pare the biggest daily loss in a month. Bearish MACD signals, 50-SMA challenge recovery moves after snapping two-week uptrend...

Platinum (pl) ended correction and resumes higher
06/03/2023 03:13

Platinum (pl) ended correction and resumes higher

In our last blog from December 2022, we wrote that Platinum is ready to rally in 2023 after a 3 waves pullback. Fast forward 3 months later, the pullb...

South korea proposes public foundation to resolve forced labour dispute with japan
06/03/2023 03:06

South korea proposes public foundation to resolve forced labour dispute with japan

SEOUL (Reuters) -South Korea announced a plan on Monday to resolve a dispute over compensating people forced to work under Japan’s 1910-1945 occupat...

Analysis-foxconn races to become an ev player and the clock is ticking
06/03/2023 03:06

Analysis-foxconn races to become an ev player and the clock is ticking

By Sarah Wu and Ben Klayman TAIPEI/DETROIT (Reuters) – Foxconn wants to do for electric vehicles (EVs) what it has done with the iPhone, but first, ...

Column-hedge funds put record wager on higher 2-year u.s. bond yield: mcgeever
06/03/2023 03:06

Column-hedge funds put record wager on higher 2-year u.s. bond yield: mcgeever

By Jamie McGeever ORLANDO, Fla. (Reuters) – Hedge funds entered February holding their biggest ever short position in two-year U.S. Treasuries futur...


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