Analysis
StocksOpenAI in talks to secure new funding at $100B+ valuation
OpenAI, the company behind the widely-used ChatGPT, is reportedly in the midst of negotiations to secure a multi-billion dollar investment that could propel its valuation to over $100 billion.
ForexEUR/USD pares recent gains, poised for further downside
EUR/USD slipped back below 1.1150 as bidders struggle to maintain balance.
Thu, Aug 29
StocksU.S. shares lower at close of trade; Dow Jones Industrial Average down 0.39%
U.S. equities were lower at the close on Wednesday, as losses in the Technology, Consumer Services and Oil&Gas sectors propelled shares lower.
CommoditiesGold price slides ahead of crucial US jobs report
Gold drops 0.70% to $2,504 as US Dollar strengthens and Treasury yields rise following Powell's dovish policy comments.
Thu, Aug 29
StocksNvidia Q2 results top estimates; unveils $50B stock buyback
NVIDIA Corporation (NASDAQ:NVDA) fell more than 4% in afterhours following the report.
ForexUSD/CAD remains on the defensive below 1.3500 despite USD recovery
The USD/CAD pair trades on a weaker note near 1.3480 during the early Asian session on Thursday.
Thu, Aug 29
ForexUSD/CAD rebounds above 1.3450 as risk sentiment deteriorates ahead of Fedspeak
The USD/CAD pair recovers some lost ground near 1.3460, snapping the three-day losing streak during the early European session on Wednesday.
Wed, Aug 28
EconomicsUncertainty over softer labor market argues for faster Fed cuts, says JPMorgan
The current uncertainty around a softer labor market calls for faster rate cuts by the Federal Reserve, JPMorgan (NYSE:JPM) economists said in a note Tuesd
CommoditiesWTI drops below $75.50 amid economic worries in the US and China
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $75.10 on Wednesday.
Wed, Aug 28
CommoditiesAir Products and Tatung Forever Energy Sign Power Purchase Agreement for Solar Electricity in Taiwan
Air Products (NYSE: APD), a world-leading industrial gases company, today announced Air Products San Fu Co. Ltd. has signed a 10-year Power Purchase Agreem
StocksNvidia, Apple job losses, Bitcoin weakness - what's moving markets
Wall Street is warily awaiting the release of the latest quarterly results from chipmaking giant Nvidia, with blowout results likely needed to keep market
CommoditiesGold pulls back to $2,500 as USD recovers
Gold (XAU/USD) exchanges hands just above $2,500 on Wednesday after sliding lower due to a rebound in the US Dollar (USD).
Wed, Aug 28
ForexJapanese Yen loses ground, downside seems limited due to hawkish BoJ
The Japanese Yen (JPY) fell slightly against the US Dollar (USD) on Wednesday. However, conflicting policy outlooks from the Bank of Japan (BoJ) and the Federal Reserve (Fed) are exerting downward pressure on the USD/JPY pair.
Wed, Aug 28
StocksUS futures tick lower as Nvidia earnings loom
Investing.com-- U.S. stock index futures fell in evening deals on Tuesday, with heavyweight technology stocks remaining fragile in anticipation of earnings from Nvidia- which are set to shed more light on the AI trade.
ForexEUR/USD catches a bid, but remains trapped below 1.12
EUR/USD drifted into the high side on Tuesday, bolstered by a continued broad-market easing in Greenback bidding pressure.
Wed, Aug 28
StocksToo early to bet on a rebound in China stocks- Alpine Macro
Investing.com-- Chinese stocks are unlikely to see a sharp rebound in the near-term, Alpine Macro analysts warned, citing growing concerns over a sluggish growth outlook and laggard policy support from Beijing.
EconomicsBoJ’s Himono: The financial and capital markets remain unstable
The Bank of Japan (BoJ) Deputy Governor Ryozo Himino said on Wednesday that the financial and capital markets remain unstable and the Japanese central bank needs to monitor these developments with utmost vigilance.
ForexAUD/USD off seven-month highs, near 0.6800 amid hot Australian CPI data
AUD/USD is paring back gains to trade near 0.6800 in Asian trading on Wednesday, having reversed a spike to a new seven-month high of 0.6813.
Wed, Aug 28
