Subscribe To
Gold rises, set for second weekly gain as focus flips to us jobs data
GOLD rose on Friday (Sep 1) and was poised for a second straight weekly gain, helped by diminished chances of US interest rate hikes this year after a...
Natural gas price analysis: xng/usd grinds at multi-day top, focus on $3.05 and us employment data
Natural Gas Price (XNG/USD) sticks to mild gains around $2.90 as markets await the all-important US Nonfarm Payrolls (NFP) on Friday. In doing so, the...
Usd/jpy eyes fresh increase above 147.00
Key Highlights USD/JPY is consolidating above the 145.50 support. A key bullish trend line is forming with support near 145.50 on the 4-hour chart. EU...
Russia's novak will announce his crude oil output plans next week
Adam had the news on Thursday:Russia's Novak says they will be announcing main parameters of OPEC+ deal next weekI posted yesterday on what's coming u...
Gold edges up on u.s. data, fed hopes
Gold prices were higher in Asian early trade after U.S. consumer-spending data for July came in line with expectations. Read Full Story at source (may...
Precious-gold rises, set for second weekly gain as focus flips to us jobs data
Gold rose on Friday and was poised for a second straight weekly gain, helped by diminished chances of U.S. interest rate hikes this year after a data-...
Grayscale’s legal head says bitcoin spot etf approval is a ‘matter of when, not if’
The exact timeline is difficult to predict, but if there’s no “rehearing,” then it will be smooth sailing ahead, Grayscale’s chief legal offic...
Aud/usd flat-lines below 0.6500 mark, reacts little to slightly better china pmi
The AUD/USD pair lacks any firm intraday directional bise on Friday and seesaws between tepid gains/minor losses through the Asian session. Spot price...
Eurjpy wave analysis
EURJPY reversed from resistance level 159.50 Likely to fall to support level 156.95 EURJPY currency pair recently reversed down from the key resistanc...
Wti crude oil wave analysis
WTI crude oil rising inside impulse wave (3) Likely to test resistance level 84.00 WTI crude oil continues to rise inside the intermediate impulse wav...
Gbp/usd treads waters toward 1.2700, focus on us employment data
GBP/USD struggles to recover from the previous day’s losses, hovering around 1.2680 during the Asian session on Friday. The pair is under pressure a...
China caixin manufacturing pmi hits 51 despite weak overseas demand
The China Caixin Manufacturing PMI provided brief relief. However, sub-components suggested difficult conditions and narrowing margins. The post China...
Federal reserve officials speaking friday include bostic and mester
At 1000 GMT, which is 0600 US Eastern time: Federal Reserve Bank of Atlanta President Raphael Bostic participates in a panel discussion at the South A...
Eur/usd remains depressed blow mid-1.0800s, seems vulnerable ahead of us nfp report
The uncertainty over the Fed’s future rate-hike path benefits the USD and weighs on the major. Read Full Story at source (may require registration) ...
Pound sterling price news and forecast: gbp/usd experienced losses due to us moderate economic data
GBP/USD portrays the pre-NFP consolidation while bouncing off 50-SMA amid the early hours of Friday’s trading, following the first daily loss in fou...
China data: caixin/s&p global august 2023 manufacturing pmi: 51.0 (expected 49.3)
Caixin/S&P Global August 2023 Manufacturing PMIexpected 49.3, prior 49.2A good beat and encouraging news from China. Yesterday ... The official PMIs f...
Usd/jpy traces corrective bounce in yields to aim for 146.00 on downbeat japan data ahead of us nfp
USD/JPY refreshes intraday high to 145.70 as it pares the first weekly loss in five on the US NFP day. Apart from the pre-data consolidation, the Yen ...
Australian data: july home loans -1.9% m/m (expected -1.0%)
Australia Home Loans for July -1.9% m/mexpected -1.0% prior -3.0% Invest Housing loans -0.1% m/mprior +1.3%-The bigger news for AUD today is this:Peop...
Aud, nzd, jpy all higher following the pboc fx rrr cut, the first since september 2022
News is here:People's Bank of China to cut FX RRR from 6% to 4% from September 15More in that post but the effect, in brief, is a supportive move for ...
Dow jones newswires: china’s central bank to cut fx reserve ratio
China’s central bank said Friday that it would lower the amount of foreign-exchange deposits banks will have to hold, a move seen as a bid to shore ...
Pboc sets usd/ cny reference rate for today at 7.1788 (vs. estimate at 7.2967)
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...
Bay club acquires danville country club, plans “multi-million-dollar” expansion
“This acquisition heralds a series of upcoming additions set to fortify our portfolio over the next 12-18 months,” said Bay Club CEO and president...
Canadian imperial bank of commerce pfd 51 a nvcc declares cad 0.3218 dividend
Canadian Imperial Bank of Commerce PFD 51 A NVCC (CM.PR.Y:CA) declares CAD 0.3218/share quarterly dividend. Payable Oct. 27; for shareholders of recor...
Octafx – the popularity of gold and bitcoin as stores of value is growing again
Gold will rise to $2,500, and Bitcoin will rise to $45,000 by the end of 2023. OctaFX analysts explore the reasons behind the end of the crypto winter...
Xrp news: sec delay strikes again, ripple and market react
The SEC v Coinbase case takes a turn, while Ripple prepares its opposition to the SEC’s interlocutory appeal, impacting XRP and the broader market. ...
People's bank of china to cut fx rrr from 6% to 4% from september 15
People's Bank of China said it will cut the amount of foreign exchange reserves that financial institutions must hold, a move seen as aimed at slowing...
Wrap technologies unveils critical incident management virtual reality training scenario for high-stress law enforcement environments
TEMPE, Ariz., Aug. 31, 2023 (GLOBE NEWSWIRE) — Wrap Technologies, Inc. (NASDAQ: WRAP), a visionary leader in advanced public safety solutions, proud...
Crude oil price climbs on russia news and eia data as it eyes new highs
Crude oil prices appear underpinned going into the end of the week with the market spooked by possible production cuts from Moscow and dwindling US in...
Gold price forecast: xau/usd retreats from $1,950 ahead of united states nonfarm payrolls
Tight job market could allow Federal Reserve hawks with one more rate hike in 2023 and recall Gold sellers. Read Full Story at source (may require reg...
Bitcoin saved from dismal august by landmark grayscale ruling
Bitcoin’s gains from a U.S. court ruling that bolsters future prospects for retail investor-friendly funds have rescued the original cryptocurrency ...
Ubs forecasts the s&p 500 to 5200 if ai proves to be a game changer (& 2 other factors)
Equity analysts at UBS have raised their June 2024 price forecasts for the S&P 500 benchmark index to 4700 citing an expectation that earnings growth ...
Is silver gearing up for a breakout?
From a technical standpoint, Silver found solid ground in the middle of August. It bounced off two key support levels. The first is a long-term uptren...
Fxwirepro: gbp/nzd claws back some ground, bulls set to regain control
GBP/NZD initially gained on Thursday but gave up some ground as investors digested solid U.S. economic data and remarks from Bank of Englands Chief Ec...
Usd/chf oscillates in a narrow range around 0.8830, swiss cpi, us nfp eyed
Market players await the Swiss Consumer Price Index (CPI), US Nonfarm Payrolls. Read Full Story at source (may require registration) The post USD/CHF ...
Japan jibun final august pmi: manufacturing 49.6 (prior 49.6)
Japan S&P Global / Jibun Bank final Manufacturing PMI for August 2023.Flash reading here:Japan Jibun preliminary August PMIs: Manufacturing 49.7 (prio...
