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Oil ($cl_f) impulse sequence supports more upside
09/08/2023 05:55

Oil ($cl_f) impulse sequence supports more upside

The short-term Elliott wave view in the OIL futures ($CL_F) suggests that the cycle from the 12 June 2023 low is unfolding in an impulse sequence that...

Silver price forecast: cpi expected to drive near-term volatility
09/08/2023 05:54

Silver price forecast: cpi expected to drive near-term volatility

Opportunistic traders drive silver’s (XAG) rebound amid Moody’s impact on dollar and yields, while eyeing CPI data for potential price shifts. The...

Gold price dips and could revisit $1,900
09/08/2023 05:53

Gold price dips and could revisit $1,900

Key Highlights Gold price is moving lower below the $1,950 pivot zone. A major bearish trend line is forming with resistance near $1,935 on the 4-hour...

China woes remain the big risk for markets
09/08/2023 05:46

China woes remain the big risk for markets

As the focus stays on central banks and their policy decisions, it is easy to forget that while things are holding up well in the US, the risks of a h...

Gold price forecast: xau/usd pokes $1,935 hurdle as market brace for us inflation – confluence detector
09/08/2023 05:44

Gold price forecast: xau/usd pokes $1,935 hurdle as market brace for us inflation – confluence detector

Gold Price (XAU/USD) clings to mid gains during the first positive day of the trading week as market sentiment improves amid mixed signals from China....

Gold and silver prices on august 9: check latest rates in your city
09/08/2023 05:44

Gold and silver prices on august 9: check latest rates in your city

Gold and silver prices in India experienced a modest decline on. The cost of 22-carat gold witnessed a marginal reduction of ₹ 10 per gram, settling...

Gold price forecast: xau/usd bounces but not out of the woods yet
09/08/2023 05:44

Gold price forecast: xau/usd bounces but not out of the woods yet

Gold price is seeing a dead cat bounce from a fresh one-month low of $1,923 set on Tuesday. The United States Dollar (USD) is retreating from near mul...

European shares seen up as bond yields retreat on china deflation worries
09/08/2023 05:34

European shares seen up as bond yields retreat on china deflation worries

European stocks may open on a positive note Wednesday as global bond yields retreated on signs of increasing deflationary pressures in China. Read Ful...

Gbp to usd forecast: bears eye sub-$1.27 as the us cpi report looms
09/08/2023 05:30

Gbp to usd forecast: bears eye sub-$1.27 as the us cpi report looms

After the bearish Tuesday session, the GBP to USD found support this morning. However, recessionary jitters and US CPI Report angst will test buyer ap...

Goldilocks position for indian equities is getting questioned: jefferies
09/08/2023 05:29

Goldilocks position for indian equities is getting questioned: jefferies

Rising crude oil prices, traction in China equities and high inflation concerns are casting a shadow on the road ahead for the Indian equities, believ...

This private equity legend regrets not buying bitcoin at $100
09/08/2023 05:29

This private equity legend regrets not buying bitcoin at $100

Bitcoin has been a terrible investment in the past two years as the price dropped from a record high of $67,000 to the current $29,400. Despite this d...

Pound to euro exchange rate: gbp fluctuates amid cautious market mood
09/08/2023 05:29

Pound to euro exchange rate: gbp fluctuates amid cautious market mood

The Pound Euro (GBP/EUR) exchange rate failed to find a clear direction as a cautious market mood was met with mounting economic fears. At time of wri...

A rather bare calendar day coming up in europe today
09/08/2023 05:18

A rather bare calendar day coming up in europe today

We are seeing steadier tones across the board for the most part, with some pushing and pulling in dollar pairs so far this week. It's just that time o...

Usd/cad flat-lines around 1.3415 area, bulls have the upper hand above 100-day sma
09/08/2023 05:14

Usd/cad flat-lines around 1.3415 area, bulls have the upper hand above 100-day sma

Bets for more rate hikes by the Fed should limit the USD losses and lend support to the pair. Read Full Story at source (may require registration) The...

Gold price forecast: xau rises ahead of us cpi report amid banking jitters
09/08/2023 05:11

Gold price forecast: xau rises ahead of us cpi report amid banking jitters

Gold (XAU) ascends ahead of U.S. CPI data, influenced by Moody’s bank downgrades and Fed members’ hints at steady rates amidst uncertainties. The ...

White house reportedly to detail plans restricting some us investments in china
09/08/2023 05:02

White house reportedly to detail plans restricting some us investments in china

This pertains to US investments in sensitive technology in China, with the aim being to prevent capital and expertise from helping to develop technolo...

Dax set for a bullish open as investors focus on the us cpi report
09/08/2023 05:00

Dax set for a bullish open as investors focus on the us cpi report

After a bearish Tuesday, the DAX futures signal a bullish start to the day, with producer price index numbers from China providing modest relief. The ...

Precious-gold off one-month lows as us dollar, yields retreat
09/08/2023 04:59

Precious-gold off one-month lows as us dollar, yields retreat

Gold prices bounced back on Wednesday from one-month lows hit in the previous session, as the dollar and bond yields weakened a day ahead of the relea...

Gold price today: rates rise on positive global cues; what should be your strategy for gold today?
09/08/2023 04:59

Gold price today: rates rise on positive global cues; what should be your strategy for gold today?

Gold prices rise in domestic futures market on positive global cues. Experts expect volatility ahead of US retail inflation data. Read Full Story at s...

Gold prices slip for 2nd day as disappointing china trade data, moody’s downgrades boost u.s. dollar
09/08/2023 04:59

Gold prices slip for 2nd day as disappointing china trade data, moody’s downgrades boost u.s. dollar

METALS STOCKS Gold futures settled lower for a second straight session on Tuesday as disappointing trade data from China, a credit rating warning for ...

Gold rate today: gold prices rise as dollar retreats. check price of yellow metal in delhi, ahmedabad, and other indian cities
09/08/2023 04:59

Gold rate today: gold prices rise as dollar retreats. check price of yellow metal in delhi, ahmedabad, and other indian cities

On the technical placement of the yellow metal, Neha Qureshi, Senior Technical & Derivative Analyst at Anand Rathi Commodities & Currencies said that ...

Chart art: can usd/chf still extend its downtrend?
09/08/2023 04:54

Chart art: can usd/chf still extend its downtrend?

USD/CHF is having trouble breaking above the .8800 psychological handle! Will this lead to the pair extending its months-long downtrend?......

Gold off one-month lows as us dollar, yields retreat
09/08/2023 04:44

Gold off one-month lows as us dollar, yields retreat

By Swati Verma (Reuters) -Gold prices bounced back on Wednesday from one-month lows hit in the previous session, as the dollar and bond yields weakene...

Forexlive asia-pacific fx news wrap 8 aug: china cpi/ppi both fall into negative territory
09/08/2023 04:40

Forexlive asia-pacific fx news wrap 8 aug: china cpi/ppi both fall into negative territory

S&P: It is possible, but not certain, that Australia economy can manage a soft landingChina's major state owned banks seen selling dollars to buy Yuan...

Steady tones as we look towards european trading
09/08/2023 04:36

Steady tones as we look towards european trading

The only notable headlines so far today is from China once again, with the PBOC fixing the yuan much stronger and then stepping in to defend the curre...

Oil price forecast:  china’s sluggish recovery dampens oil price optimism
09/08/2023 04:34

Oil price forecast: china’s sluggish recovery dampens oil price optimism

Despite recent gains, bearish crude oil market concerns persist as China’s slow recovery overshadows OPEC+ cuts and stimulus hopes. The post Oil Pri...

Gold price forecast: xau/usd climbs back closer to $1,930, moves away from four-week low
09/08/2023 04:29

Gold price forecast: xau/usd climbs back closer to $1,930, moves away from four-week low

Gold price attracts some buying during the Asian session on Wednesday and recovers a part of the previous day’s losses to the $1,923-$1,922 area, or...

Gbp/usd edges higher to 50-day sma around 1.2755 area, lacks bullish conviction
09/08/2023 03:59

Gbp/usd edges higher to 50-day sma around 1.2755 area, lacks bullish conviction

The GBP/USD pair ticks higher during the Asian session on Wednesday and looks to build on the previous day’s rebound from the 1.2685 area. Spot pric...

Bitcoin, ethereum, dogecoin rise amid spot btc etf optimism: analyst says king crypto to shoot up 100% each year
09/08/2023 03:44

Bitcoin, ethereum, dogecoin rise amid spot btc etf optimism: analyst says king crypto to shoot up 100% each year

Major cryptocurrencies saw significant gains on Tuesday, fueled by a compelling combination of captivating developments bound to captivate the interes...

Gbp/jpy struggles below 183.00 as uk recession fears jostle with dicey yields, boj vs. boe bias
09/08/2023 03:44

Gbp/jpy struggles below 183.00 as uk recession fears jostle with dicey yields, boj vs. boe bias

GBP/JPY lacks momentum while making rounds to 182.70-80 during early Wednesday in London, fading the two-day winning streak. In doing so, the cross-cu...

S&p: it is possible, but not certain, that australia economy can manage a soft landing
09/08/2023 03:43

S&p: it is possible, but not certain, that australia economy can manage a soft landing

S&P on Australia:It is possible, but not certain, that the Australian economy can manage a "soft landing" with inflation decreasing to the RBA’s tar...

China's major state owned banks seen selling dollars to buy yuan
09/08/2023 03:36

China's major state owned banks seen selling dollars to buy yuan

China's major state-owned banks seen selling dollars to buy yuan in the onshore spot foreign exchange market. This according to sources. This article ...

Rbnz business survey points to lower inflation expectations, steady interest rates
09/08/2023 03:34

Rbnz business survey points to lower inflation expectations, steady interest rates

As seen from the latest Quarterly RBNZ Survey of Expectations, businesses have slightly tapered their inflation expectations in the near term but wage...

Eur/usd price analysis: euro recovers within nearby triangle below 1.1000 amid looming italy tax woes
09/08/2023 03:31

Eur/usd price analysis: euro recovers within nearby triangle below 1.1000 amid looming italy tax woes

EUR/USD consolidates weekly losses amid Wednesday’s sluggish morning in Europe. In doing so, the Euro pair licks its wounds within a two-month-old s...

Verizon communications shareholder alert by former louisiana attorney general: kahn swick & foti, llc reminds investors with losses in excess of $100,000 of lead plaintiff deadline in class action law
09/08/2023 03:20

Verizon communications shareholder alert by former louisiana attorney general: kahn swick & foti, llc reminds investors with losses in excess of $100,000 of lead plaintiff deadline in class action law

NEW ORLEANS, Aug. 08, 2023 (GLOBE NEWSWIRE) — Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. F...


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