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Gold price forecast: xau/usd appears ‘sell the bounce’ trade below 21 dma barrier

The short-term technical outlook for Gold price remains almost unchanged, with choppy trading likely to...

June 7, 2023, 4:29 am

First impressions: australian q1 gdp

Australia’s economy grew by a tepid 0.2% in the quarter. Consumer spending remains soft, up 0.2%, wit...

June 7, 2023, 3:01 am

Usdcad daily analysis – june 7, 2023

The USDCAD currency pair has experienced a continued downside movement, extending from its recent high at 1.3654 to reach as low as 1.3387. The pair...

June 7, 2023, 1:43 am

Gbpusd daily analysis – june 7, 2023

The GBPUSD currency pair remains entrenched in a downtrend that started from the peak at 1.2679. The re...

June 7, 2023, 1:30 am

Gold price forecast: xau/usd eyes further upside past $1,950 with inverse h&s in offing, softer us dollar

With this, the XAU/USD is well-set to prod the aforementioned inverse H&S’s neckline, around $1,983 at the latest. However, further upside hinges on...

June 7, 2023, 1:29 am

Eurusd daily analysis – june 7, 2023

The EURUSD currency pair has been trading in a sideways movement, forming a trading range between the levels of 1.0635 and 1.0778. This consolidation ...

June 7, 2023, 1:24 am

Bank of canada monetary policy decision due wednesday, 7 june 2023 - 'on hold' preview

CIBC expect the Bank of Canada to remain on hold at the policy meeting today:1400 GMT is 10am US Easter...

June 7, 2023, 12:45 am

Lam research: quality on the outskirts of technology inflection point

LRCX's revenue for the recent quarter hit the turbulence zone of the weak memory market, while orderbook remai...

June 6, 2023, 11:47 pm

Alliant energy remains a stable pick for long-term investors

Alliant Energy, a public utility holding company, is currently undervalued by 23.5% with a fair value of $69.74, making it a 'buy' recommendation. LNT...

June 6, 2023, 11:34 pm

Australian manufacturing index may -5.1 (prior -20.2) & construction -6.6 (prior -12.4)

Survey results for manufacturing and construction indexes for May 2023 from the Australian Industry Group.AiG Manufacturing Index -5.1prior -20.2Const...

June 6, 2023, 11:06 pm

Eur/usd forecast: sill near 1.0700, risks remain titled to the downside

US Dollar is mixed as equity prices move without clear direction ahead of a crucial week. European data indicate that consumer spending...

June 6, 2023, 10:14 pm

Polaris: a tricky prospect at this valuation, but still a buy

Polaris is a market leader in the vehicle parts/discretionary sector, but its valuation should be carefully considered due to mixed demand signals and...

June 6, 2023, 9:28 pm

Forex today: focus remains on the aussie ahead of data, after rba hike

AUD/USD posted the highest daily close since mid-May, above 0.6650; the pair has gained almost two hundred pips from a week ago. On Wednesday, Austral...

June 6, 2023, 9:14 pm

U.s. global jets etf: do not buy on bullish iata forecast

IATA has significantly increased its forecast profits for 2023. U.S. Global Jets ETF is not the desired way to capitalize on this as growth is driven ...

June 6, 2023, 8:20 pm

Rxo exec at ubs conference says 3pl's market share still rising

NEW YORK — RXO's chief strategy officer conceded to a conference here that he didn't have much fresh to say in terms of the company's market or over...

June 6, 2023, 6:47 pm

Usd/cad remains near three-week lows ahead of the boc decision

The USD/CAD pair fell to its lowest level since May 11 at 1.3390. Investors await BoC’s decision, expected to maintain rates at 4.5%. Canadian yield...

June 6, 2023, 6:29 pm

Hca healthcare (hca) favors higher in bullish sequence & remain supported

HCA Healthcare, Inc., (HCA) provides health care services company in the United States. The company operates general & acute care hospitals that offer...

June 6, 2023, 5:54 pm

B&g foods: leverage overhang continues

B&G Foods, Inc. has long been far too leveraged in my opinion, looking to allocate too much capital to too many stakeholders. I was always skeptical o...

June 6, 2023, 3:54 pm

Pgt innovations (pgti) acquires remaining 25% stake in eco

PGT Innovations (PGTI) bolsters the supply chain by adding glass production capacity while diversifying and boosting product lines with the Eco buyout...

June 6, 2023, 2:00 pm

Guess? (ges) gains on digital business strength amid risks

Guess? (GES) is poised to benefit from strength across its businesses, strategic business plan and digital initiatives. However, weakness in Americas ...

June 6, 2023, 1:45 pm


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