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Dollar down as soft u.s. inflation data supports fed pause hopes
The U.S. dollar was lower against its most major counterparts in the New York session on Thursday, as the nation’s annual inflation rose less than e...
August 10, 2023, 4:25 pm
Wall street rallies as inflation data fuels fed rate pause hopes
Wall Street rose on Thursday after milder-than-feared July consumer prices data fueled hopes the Federal Reserve could leave interest rates...
August 10, 2023, 3:27 pm
Opec monthly oil report: leaves world oil demand forecasts for 2023 and 2024 unchanged
2023 growth seen at 2.44m bpd2024 growth seen at 2.25m bpdOPEC output fell 836k bpd to 27.31m bpd in July after Saudi voluntary cutSees prospects for ...
August 10, 2023, 12:18 pm
Usd/chf daily outlook
Daily Pivots: (S1) 0.8742; (P) 0.8762; (R1) 0.8793; More…. Intraday bias in USD/CHF stays neutral for the moment and outlook is...
August 10, 2023, 7:09 am
Gbp/usd daily outlook
Daily Pivots: (S1) 1.2693; (P) 1.2737; (R1) 1.2763; More… Intraday bias in GBP/USD stays neutral and outlook is...
August 10, 2023, 7:05 am
Gbpjpy technical analysis - the market needs more data to pick a direction
The BoE hiked by 25 bps as expected as the UK CPI missed expectations across the board and UK employment report showed a mixed picture with both the u...
August 9, 2023, 7:33 am
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...
August 9, 2023, 3:34 am
Eia boosts us oil output forecasts
EIA sees 12.76m bpd this year vs 12.56m bpd priorSees 13.09m bpd next year vs 12.85m bpd priorLowers 2024 world oil demand forecast by 30,000 bpd, whi...
August 8, 2023, 4:09 pm
Ny fed: household debt rose 0.1% in q2
Credit card balances rose 4.6% to a record $1.03 trillionAuto loan balances rose $20 billion to $1.58 trillionMortgage balances largely...
August 8, 2023, 3:05 pm
Ups slipping to more attractive levels on weak outlook
The United Parcel Service, Inc NYSE: UPS story is unchanged; internal improvements are offset by econom...
August 8, 2023, 9:48 am
Gold prices steady in dubai after monday evening’s drop
According to Dubai Jewellery Group data, the 24K and 18K prices remained unchanged at Dh234.25 and Dh18...
August 8, 2023, 7:29 am
Australia nab business confidence rose to 2, inflationary pressures on the rise
Australia’s NAB Business Confidence Index for July revealed an upward tick, moving from -1 in June to 2. However, Business Conditions saw a slight d...
August 8, 2023, 5:15 am
Japan's nikkei average futures are up about 0.25%
The Nikkei average futures prices up about 0.25%. In the US yesterday, the major indices rebounded from Friday's decline with the Dow industrial avera...
August 7, 2023, 11:48 pm
Lucid's stock rises after ev maker keeps 2023 production guidance intact
Lucid Group Inc. shares initially rallied more than 6% in the extended session Monday after the luxury EV maker kept...
August 7, 2023, 4:37 pm
Eurozone sentix rose to -18.9, but no joy about this development
Eurozone Sentix Investor Confidence rose from -22.5 to -18.9 in August, much better than expectation of -25.0. Current Situation Index was...
August 7, 2023, 9:02 am
Aluminum prices: steady in q3 amidst robust demand
Aluminium Prices: Steady in Q3 Amidst Robust Demand The global aluminium market has remained resilient in the third quarter, with aluminium prices hol...
August 4, 2023, 3:02 pm
Canada employment down -6.4k in jul, unemployment rate rose to 5.5%
Canada employment fell -6.4k in July, below expectation of 15.5k growth. Unemployment rate rose from 5.4% to 5.5%, matched expectations, and marked th...
August 4, 2023, 12:43 pm
Canada july employment change -6.4k versus 21.1 k estimate
Prior report 59.9KEmployment change for July -6.4K vs 21.1K estimateUnemployment rate 5.5% vs 5.5% expected. Last month unemployment rate was at 5.4%....
August 4, 2023, 12:30 pm
Nasdaq composite technical analysis - bulls and bears are watching this support
Last week, the Fed hiked the interest rates by 25 bps as widely expected keeping everything unchanged. ...
August 4, 2023, 11:09 am
Dow jones technical analysis - watch this key support for the next big move
Last week, the Fed hiked the interest rates by 25 bps as widely expected keeping everything unchanged. ...
August 4, 2023, 10:08 am