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Wti oil technical: risk of countertrend setback after rallying a year-to-date high
Erased prior two weeks of consecutive losing streaks to trade a current year-to-date closing high of US$86.31 per barrel printed on last Friday, 1 Sep...
China state planner says will set up a special bureau for development of private economy
The vice chair of China's state planner, the National Development and Reform Commission of the People's Republic of China (NDRC), says the country's c...
Uae equities buck global downtrend in august
The UAE financial markets bucked the global and regional downtrend in equities last month, a recent report showed. According to Kamco Invest’s GCC M...
Gold, silver prices unchanged; yellow metal trading at rs 60,220 per 10g
The price of 24-carat gold remained stable during Monday’s early trade, with ten grams of the precious metal selling at Rs 60,220, according to the ...
Aud/usd price analysis: bearish flag pattern spotted on hourly charts ahead of rba on tuesday
AUD/USD regains positive traction on Monday, albeit lacks follow-through buying. Bets for one more Fed rate hike in 2023 cap the pair ahead of the RBA...
Blackrock's rieder thinks there will be no further federal reserve fomc rate hikes
BlackRock’s chief investment officer in global fixed income Rick Rieder after the US jobs report on Friday:“The Fed should be done. You can put yo...
Gbpusd daily analysis – september 4, 2023
GBP/USD is currently approaching the support level at 1.2547. If there is a breakdown below this level, it could trigger further downside movement tow...
Xrp news: ripple’s legal duel with sec influences adoption and price
Amid a cautious trading session, Ripple’s opposition filing and the looming SEC appeal decision draw focused attention in the financial community. T...
Us holiday today but focus could be on china, russell 2000, usd/jpy and brent crude
The US jobs data released last Friday displayed signs of softening in the US labour market, while Wall Street continues to catch a breather from its r...
Foreign funds offloaded local equities at slower pace of rm113.5m last week, says midf
KUALA LUMPUR (Sept 4): Foreign investors continued to offload local equities on Bursa Malaysia for the second straight week, albeit at a slower pace o...
Rosen, top ranked global counsel, encourages shift4 payments, inc. investors to secure counsel before important deadline in securities class action – four
NEW YORK, Sept. 03, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Shift4 Payme...
Usd/chf oscillates in a narrow range around 0.8850 ahead of swiss gdp
Investors will monitor the Swiss Gross Domestic Product (GDP), the US ISM Services PMI. Read Full Story at source (may require registration) The post ...
Bhc shareholder alert: kessler topaz meltzer & check, llp reminds investors of securities fraud class action lawsuit filed against bausch health companies inc. (bhc)
RADNOR, Pa., Sept. 03, 2023 (GLOBE NEWSWIRE) — The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities...
Pboc sets usd/ cny reference rate for today at 7.1786 (vs. estimate at 7.2795)
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...
Australian melbourne institute inflation for august 2023: 0.2% m/m (prior 0.8%)
Australian Melbourne Institute Inflation gauge for August 2023 rose 0.2% m/m in August (July was + 0.8%) And for the y/y, a jump to 6.1%prior 5.4%For ...
Moody's cut its china economic growth forecast for 2024 to 4% (from 4.5% previously)
Moody's rating agency has downgraded its GDP forecast for China next year:the 2023 forecast remains at 5%2024 cut to 4% from 4.5% the firm was expecti...
Coming up from the rba - policy statement on september 5, governor lowe speaks on sep 7
The Reserve Bank of Australia is expected to hold the cash rate unchanged at its meeting on Tuesday, 5 September 2023. The Statement is due at 2.30 pm...
Nzd/usd consolidates its losses near 0.5950, eyes on chinese, us services pmi
NZD/USD remains on the defensive around 0.5956 after retracing from 0.6015. US Nonfarm Payrolls came in at 187,000, better than 170,000 expected. New ...
Indian equities stay a bright spot for fpis among em peers
The six-month rolling cumulative investment of foreign investors rose to $20.6 billion (₹1.69 lakh crore) – the highest in 28 months, data from NS...
Australian dollar steadies ahead of rba and gdp. will aud/usd get a grip?
The Australian Dollar has been battling to lift off the mid-August low but the recent rally might be constructive for it as it seeks to move back into...
Demand for teak decking in luxurious marine vessels to push sales past us$ 1,366.1 million by 2033 | future market insights, inc.
According to Future Market Insights (an ESOMAR-certified market research organization and a member of the Greater New York Chamber of Commerce), the g...
: albemarle nears $4.3 billion deal to buy australian lithium miner liontown: report
Liontown Resources Ltd. AU:LTR , an Australian lithium miner, is supporting a $4.3 billion buyout offer by North Carolina-based specialty chemicals gi...
Nouriel roubini says an equity market drop of 10% is not "totally unlikely"
Roubini was speaking with Bloomberg TV on Friday. Says that if economic data points towards weakness and central banks keep raising rates then H2 coul...
Pboc is expected to set the usd/cny reference rate at 7.2795 – 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...
Rural equities to pay dividend after profit lift
Get two weeks free access to NBR’s Premium Online Subscription, which includes full access to all of NBR’s great content on any device. Read Full ...
Gbp/usd price analysis: cable bears eye 1.2570 support and boe monetary policy report hearings
GBP/USD remains on the back foot around 1.2590-85 as it struggles to defend the weekly gain during the early hours of Monday’s Asian session. In doi...
Eco data 9/4/23
The post Eco Data 9/4/23 appeared first on Action Forex......
Usd/jpy forecast: decoding mixed signals from boj and fed commentary
Increased market sensitivity to Fed commentary and BoJ policy outlook influence the USD/JPY pairing. The post USD/JPY Forecast: Decoding Mixed Signals...
Aussie dollar forecast: rba and beijing to dictate aud/usd trends
The Aussie dollar experiences volatility, with AUD/USD trends dictated by the upcoming RBA decision and potential Beijing stimulus package. The post A...
Asx 200, nikkei 225, hang seng index: beijing’s stimulus bets and the fed’s next move
A cooler-than-expected wage growth and higher unemployment rate in the August US Jobs Report eased hawkish Fed bets, impacting the global financial ma...
Gold price forecast: xau/usd consolidates above the 1,940 mark amid the us holiday
EUR/USD bears keep the reins at the lowest level in a week, after falling heavily in the last two consecutive days. That said, the Euro pair remains p...
Morgan stanley forecasting that the european central bank will sop raising interest rates
Morgan Stanley has changed their forecast for the ECB. Analysts at the bank were expecting an ECB rate hike at the September ECB meeting but now says ...
Rosen, a trusted and leading firm, encourages applied digital corporation investors with losses to secure counsel before important deadline in securities class action – apld
NEW YORK, Sept. 03, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Applied ...
Sanitary valves market size to be worth us$ 3 billion by 2033 : fact.mr report
Stringent Cleanliness and Safety Standards Governing Food, Beverage, and Pharmaceutical Production Driving Sales of Sanitary Valves Rockville , Sept. ...
Eur/usd: us holiday to restrict euro moves, further downside hinges on 1.0750 break and ecb’s lagarde
Mostly upbeat US jobs report underpin US Dollar strength despite mixed data flashed previously. Unimpressive Eurozone data, slightly dovish ECB talks ...
