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Gold prices firm as dollar eases; set for weekly gain
03/03/2023 02:59

Gold prices firm as dollar eases; set for weekly gain

GOLD prices rose on Friday (Mar 3), on track for their first weekly gain in five, as the dollar eased, even though fears persisted that the US Federal...

Gbpjpy wave analysis
03/03/2023 02:57

Gbpjpy wave analysis

GBPJPY reversed from resistance level 164.55 Likely to fall to support level 162.00 GBPJPY currency pair recently reversed down from the key resistanc...

Csx joins fra close call reporting system
03/03/2023 02:39

Csx joins fra close call reporting system

JACKSONVILLE, Fla., March 02, 2023 (GLOBE NEWSWIRE) — CSX (NASDAQ: CSX) today announced that it is joining the Federal Railroad Administration’s C...

Us, s.korean troops to conduct largest combined drills in years
03/03/2023 02:36

Us, s.korean troops to conduct largest combined drills in years

By Josh Smith SEOUL (Reuters) – The United States and South Korea will conduct more than ten days of large-scale military drills in March, including...

Trading the trend: long usd/jpy
03/03/2023 02:29

Trading the trend: long usd/jpy

Since USD/JPY has formed a technical medium-term bottom, we would like to use the current minor retracement lower to go long at ¥135.50 with an upsid...

More from pboc governor yi gang - will not resort to flood-like stimulus
03/03/2023 02:27

More from pboc governor yi gang - will not resort to flood-like stimulus

People's Bank of China Governor Yi Gang and Deputy Governor speaking.

The dep gov:

  • China's economy is improving but there are st...

Dollar eases toward first weekly loss since january as traders weigh fed path
03/03/2023 02:21

Dollar eases toward first weekly loss since january as traders weigh fed path

By Kevin Buckland TOKYO (Reuters) – The U.S. dollar eased back from a 2-1/2-month high versus the yen on Friday and weakened toward its first weekly...

Oil prices head for weekly gain on china growth hopes
03/03/2023 02:21

Oil prices head for weekly gain on china growth hopes

By Sudarshan Varadhan SINGAPORE (Reuters) – Oil prices slipped in early trade on Friday but were on track to post gains of nearly 2% for the week as...

Revolution medicines announces pricing of $300.0 million public offering of common stock
03/03/2023 02:15

Revolution medicines announces pricing of $300.0 million public offering of common stock

REWOOD CITY, Calif., March 02, 2023 (GLOBE NEWSWIRE) — Revolution Medicines, Inc. (Nasdaq: RVMD), a clinical-stage oncology company developing targe...

Pboc governor says will keep prices, yuan exchange rate, stable
03/03/2023 02:05

Pboc governor says will keep prices, yuan exchange rate, stable

People's Bank of China Governor Yi Gang

  • will keep prices, yuan exchange rate, stable
  • yuan is more flexible, helping to stabilis...

Us dollar bounces back again as the fed and ecb map out rate hikes. higher usd?
03/03/2023 02:00

Us dollar bounces back again as the fed and ecb map out rate hikes. higher usd?

The US Dollar skipped higher on Treasury yields gaining on solid data and the Fed re-iterating its hawkish stance while will EUR/USD dipped despite im...

Nzd/usd price analysis: finds acceptance above 200-ema as usd index incurs losses
03/03/2023 01:59

Nzd/usd price analysis: finds acceptance above 200-ema as usd index incurs losses

The NZD/USD pair has stretched its recovery above 0.6230 in the Asian session. A revival in the Kiwi asset is backed by a further correction in the US...

Gold prices rise on some fed clarity, set to snap 4-week losing spree
03/03/2023 01:59

Gold prices rise on some fed clarity, set to snap 4-week losing spree

Gold prices advanced on Friday, and were set for their first weekly gain in five as recent comments from Federal Reserve officials helped provide more...

3 men, 1 business charged in cryptocurrency scam; avoid bitcoin of america atms, cuyahoga co. prosecutor says
03/03/2023 01:59

3 men, 1 business charged in cryptocurrency scam; avoid bitcoin of america atms, cuyahoga co. prosecutor says

The Cuyahoga County Prosecutor’s office and the Secret Service Field Office in Cleveland unsealed an indictment in a major cryptocurrency scam on Th...

Aud/usd slides under weight of ongoing inflation woes
03/03/2023 01:59

Aud/usd slides under weight of ongoing inflation woes

With inflation stubbornly resistant to monetary policy markets continue to adjust expectations for future rate hikes. To this point Euro area CPI prin...

Brazil’s economy stalled last year; lula blames high borrowing costs
03/03/2023 01:58

Brazil’s economy stalled last year; lula blames high borrowing costs

By Marcela Ayres BRASILIA (Reuters) – Brazil’s economy shrank in the fourth quarter, affected by industry weakness and consolidating a slowdown th...

Xrp bears to target sub-$0.37 on us lawmaker and sec chatter
03/03/2023 01:51

Xrp bears to target sub-$0.37 on us lawmaker and sec chatter

XRP joined the broader market in the red on Thursday and continued to fall this morning. Increased regulatory and US lawmaker scrutiny weighed. The po...

China feb services activity jumps sharply as demand recovers- caixin pmi
03/03/2023 01:51

China feb services activity jumps sharply as demand recovers- caixin pmi

BEIJING (Reuters) – Activity in China’s services sector expanded at the fastest pace in six months in February as the removal of tough COVID-19 re...

Biden, scholz to ‘get into the weeds’ on ukraine war, china concerns in washington
03/03/2023 01:51

Biden, scholz to ‘get into the weeds’ on ukraine war, china concerns in washington

By Andreas Rinke, Sarah Marsh and David Brunnstrom The post Biden, Scholz to ‘get into the weeds’ on Ukraine war, China concerns in Washington app...

U.s. adds 37 chinese, russian entities to trade blacklist
03/03/2023 01:51

U.s. adds 37 chinese, russian entities to trade blacklist

(Reuters) – The United States is adding 37 entities to its trade blacklist for activities including contributing to Russia’s army, supporting Chin...

China services pmi for february 55.0 (vs. 54.7 expected)
03/03/2023 01:45

China services pmi for february 55.0 (vs. 54.7 expected)

Caixin / S&P Global PMIs from China for February 2023.

  • Services 55 (expected 54.7, prior 52.9). The 55 result is a 5 month high
  • ...

Usd/cad bulls lurking at key support in 1.3580s
03/03/2023 01:44

Usd/cad bulls lurking at key support in 1.3580s

USD/CAD is holding at support as the focus remains on the Fed. Bank of Canada expectations are little changed and bias remains bullish fundamentally. ...

Bitcoin dropping, sub $22.3k
03/03/2023 01:42

Bitcoin dropping, sub $22.3k

ETH getting hit also.

No smoking gun I can see.

This finally getting attention?

...

Greenhouse heater market to reach us$ 1.7 bn by end of 2031 owing demand for commercial greenhouses
03/03/2023 01:30

Greenhouse heater market to reach us$ 1.7 bn by end of 2031 owing demand for commercial greenhouses

Increase in demand for food is a prime factor augmenting the growth of the global greenhouse heater market Wilmington, Delaware, United States, March ...

Worldwide demand for dry eye syndrome treatment market will surge at 7.0% cagr from 2022 to 2032 | future market insights, inc.
03/03/2023 01:30

Worldwide demand for dry eye syndrome treatment market will surge at 7.0% cagr from 2022 to 2032 | future market insights, inc.

North America currently holds the largest market share of 37.6% in the dry eye syndrome treatment market. The dry eye syndrome treatment market in Jap...

First mover asia: bitcoin continues to look east for strength
03/03/2023 01:29

First mover asia: bitcoin continues to look east for strength

ALSO: CoinDesk columnist Glenn Williams Jr. writes that on-chain indicators show that 70% of Bitcoin addresses are profitable … Read Full Story The ...

Usd/jpy to test resistance at 138 on ism non-manufacturing pmi
03/03/2023 01:23

Usd/jpy to test resistance at 138 on ism non-manufacturing pmi

It’s a busy day for the USD/JPY. Inflation and services sector PMI numbers from Japan influenced ahead of US service sector data and Fed chatter. Th...

China’s reopening set to help emfx get back on track: reuters poll
03/03/2023 01:21

China’s reopening set to help emfx get back on track: reuters poll

By Vuyani Ndaba and Vivek Mishra JOHANNESBURG/BENGALURU (Reuters) – China’s reopening is set to boost emerging market currencies against the U.S. ...

Scores evacuated as fire erupts in hong kong skyscraper
03/03/2023 01:21

Scores evacuated as fire erupts in hong kong skyscraper

By Joyce Zhou and Jessie Pang HONG KONG (Reuters) – Around 130 people were evacuated from a Hong Kong shopping area after a fire broke out in a skys...

Tokyo inflation slows from 42-year high, price pressures remain
03/03/2023 01:19

Tokyo inflation slows from 42-year high, price pressures remain

By Leika Kihara and Takahiko Wada TOKYO (Reuters) – Core consumer prices in Japan’s capital, a leading indicator of nationwide trends, rose 3.3% i...

Pboc sets usd/ cny reference rate for today at 6.9117 (vs. estimate at 6.9132)
03/03/2023 01:15

Pboc sets usd/ cny reference rate for today at 6.9117 (vs. estimate at 6.9132)

People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.CNH is the offshore yuan. USD /CNH has no restrictio...

Gold gains; may trade in the range $1,825-$1,850/oz
03/03/2023 01:14

Gold gains; may trade in the range $1,825-$1,850/oz

0046 GMT — Gold prices are higher in early Asian trade. “Gold prices are struggling after the bond market selloff accelerated following robust lab...

Eur/usd price analysis: bears can dismiss recovery within triangle unless buyers take 1.0685
03/03/2023 01:14

Eur/usd price analysis: bears can dismiss recovery within triangle unless buyers take 1.0685

EUR/USD picks up bids to pare recent losses inside a trend continuation pattern. Two-week-old symmetrical triangle limits immediate Euro moves below 2...

Us commerce department adds 37 to the 'entity list' - many of them in china
03/03/2023 01:10

Us commerce department adds 37 to the 'entity list' - many of them in china

Additions were due to

  • nuclear and missile-related activities
  • supporting China's military
  • human rights violations
  • ...

National australia bank ceo says 3 more rba rate hikes are possible
03/03/2023 01:00

National australia bank ceo says 3 more rba rate hikes are possible

National Australia Bank CEO Ross McEwan

Speaking in a local radio interview here in Australia:

  • “We’re now starting to see that...


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