Subscribe To
Rba sees credible path back to inflation target with interest rate at present level
In the minutes from RBA’s August 1 meeting, board members weighed the decision between raising cash rate by 25bps or maintaining its unchanged. The ...
Ubs stock gains but don’t get too excited just yet
UBS terminates loss protection agreement and liquidity backstop from Swiss authorities. Credit Suisse repays Swiss government debt. Read more on UBS a...
Gold price forecast: xau/usd hangs near multi-week low, just above $1,900 mark
China’s economic woes assist the safe-haven XAU/USD to defend $1,900, at least for now. Read Full Story at source (may require registration) The pos...
Gold prices climb up
Globally gold prices eased on Tuesday, holding near the key psychological $1,900 level, as U.S. bond yields and the dollar remained elevated ahead of ...
Usd/jpy analysis: breakout above 145.06 weekly resistance [video]
Gold fades the late Monday’s corrective bounce off the 200-DMA support by retreating to $1,907, depressed at the five-week low flashed the previous ...
Gbp/usd could resume downtrend below this support
Key Highlights GBP/USD traded below the 1.2750 support zone. A major bearish trend line is forming with resistance near 1.2770 on the 4-hour chart. EU...
Ethereum prices forecast: is $1,950 in sight amid sec and etf drama?
With ETH lingering below key resistance bands, investors closely eye a potential breakout or bearish retreat as the SEC looms large The post Ethereum ...
Nzd/usd recovers some lost ground near 0.5980 following chinese data
The NZD/USD pair recovers some lost ground and snaps five-day losing streaks below the 0.6000 barrier during the Asian session on Tuesday. The pair cu...
(rba) minutes of the monetary policy meeting of the reserve bank board
Hybrid – 1 August 2023 Members participating Philip Lowe (Governor and Chair), Michele Bullock (Deputy Governor), Mark Barnaba AM, Ian Harper AO, Ca...
China: unexpected rate cut by pboc aligns with disheartening july economic data
In an unexpected decision that took markets by surprise, PBoC announced a cut in key policy rates for the second time in a span of three months, just ...
All eyes on us retail sales data due tuesday, 15 august 2023 - preview
Coming up at 8.30 am US Eastern time today, July retail sales data from the US:Preview comments from Bank of America, looking for a solid beat. Boldin...
Donald trump faces 13 criminal counts in georgia, including racketeering
Donald Trump faces 13 criminal counts in Georgia, including racketeering Read Full Story The post Donald Trump faces 13 criminal counts in Georgia, in...
Aud/usd remains below 0.6500 mark after softer chinese macro data, seems vulnerable
Bets for one more Fed rate hike in 2023 underpin the USD and favour bearish traders. Read Full Story at source (may require registration) The post AUD...
Japan’s q2 gdp grew 6% annualized, external demand drives growth
Japan witnessed a stellar performance in its Q2 GDP, registering a growth of 1.5% Qoq, a figure that comfortably surpassed the anticipated 0.8% qoq ri...
: donald trump indicted in georgia election-interference case
Former President Donald Trump was criminally indicted by a grand jury in Georgia’s Fulton County on Monday night in connection with a probe into his...
$30,000 fraud via bitcoin reported to manalapan police
Manalapan police release information on several cases of fraud and theft being investigated by the department. Read Full Story The post $30,000 Fraud ...
Eur/usd price analysis: euro bears keep reins below 1.0980 despite corrective bounce ahead of us retail sales
EUR/USD remains sidelined near 1.0910 as it tries hard to defend the previous day’s corrective bounce off the monthly low amid sluggish Tuesday morn...
Forexlive asia-pacific fx news wrap: china cuts rates, data disappoint, yuan intervention
China state banks have been intervening to buy yuanThe Grayscale Bitcoin ETF case decision could come as soon as Tuesday US timeChina July Industrial ...
Analysts tip 5 catalysts that could break bitcoin, crypto from its stupor
Digital asset market analysts have weighed in on potential catalysts to move Bitcoin and its brethren out of lethargy. Read Full Story The post Analys...
Will uk inflation data confirm boe’s choice to slow down?
With investors significantly lowering their implied Bank of England rate path following the slowdown in June’s inflation numbers and the 25bps hike ...
Bitcoin prices forecast: inflows rise, but etf limbo shadows btc
As the SEC v Coinbase drama unfolds, Bitcoin’s (BTC) price dances around the $30,000 handle; net inflows offer a bullish contrast to ETF uncertainti...
Usd/cnh: time to start paying attention to yuan again
CNH (offshore yuan) eyes 2023 lows as property sector concerns drive contagion fears China’s top Wealth Manager misses payment Country Garden suspen...
Gbpchf wave analysis
GBPCHF reversed from support level 1.1100 Likely to rise to resistance level 1.1175 GBPCHF currency pair recently reversed up from the key support lev...
Usdjpy wave analysis
USDJPY broke resistance level 144.85 Likely to rise to resistance level 148.00 USDJPY currency pair recently broke the resistance level 144.85 (previo...
Bitcoin trading sideways; nft transactions soar; nvidia leads wall street rally
Bitcoin edged higher on Tuesday morning in Asia. Ether also edged up, while other top 10 non-stablecoin tokens traded flat to higher. Solana led the w...
China industrial production grinds to a crawl in july
As China grapples with a weakening economy. The latest numbers show a marked slowdown in industrial production and weaker retail sales. The post China...
Dow jones newswires: china’s consumption, investment cool further in july
China’s retail sales, a key metric for the country’s consumption, rose 2.5% from a year earlier in July, down from a 3.1% year-on-year increase in...
China state banks have been intervening to buy yuan
State banks in China slamming USD/yuan in an intervention response to prop up the local currency. Bloomberg says the banks have been seen in the marke...
Grayscale bitcoin etf decision could happen this week, pundits say
Grayscale Investments, which has been seeking to convert its Bitcoin (BTC) trust into a spot Bitcoin exchange-traded fund, could be getting a decision...
Gbp/usd oscillates in a range below 1.2700 mark, traders keenly await uk jobs data
Traders also seem reluctant and prefer to wait for the release of the UK employment data. The post GBP/USD oscillates in a range below 1.2700 mark, tr...
The grayscale bitcoin etf case decision could come as soon as tuesday us time
The gist of the case is the US Securities and Exchange Commission (SEC) repeatedly rejecting Crypto investment firm Grayscale's proposal to convert th...
China july industrial production +3.7% y/y (expected 4.5%) & retail sales +2.5% (4.8%)
China industrial production and retail sales data for July 2023. Big misses for both.We would normally get the youth unemployment rate - that's been l...
Market relief in wall street amid china’s jitters: russell 2000, straits times index, aud/usd
Wall Street managed to start the week higher, tapping on some recovery in big tech and semiconductors to override earlier jitters around China’s pro...
Gold settles at 1-month low after worst week in nearly 2 months
METALS STOCKS Gold futures finished at their lowest in over a month on Monday, following their worst weekly pullback in nearly two months as U.S. doll...
Dow jones newswires: china’s central bank cuts two key policy rates
China’s central bank on Tuesday cut two key policy rates, signaling that the country’s benchmark lending rates will fall later this month. Read Fu...
