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Stocks
Nestlé CEO resigns, Freixe takes over
Investing.com -- Nestlé (SIX:NESN) said on Thursday that Mark Schneider has resigned as CEO with Laurent Freixe set to take over beginning September 1.Due
Commodities
Oil prices flat, set for dismal week on demand jitters
Investing.com-- Oil prices steadied in Asian trade on Friday after rebounding in the prior session amid some bargain buying, but were still headed for stee
Commodities
Gold price trades with modest gains below $2,500 as traders await Powell’s speech
Gold price (XAU/USD) fell more than 1% on Thursday as bulls opted to take some profits off the table amid a goodish rebound in the US Treasury bond yields
Politics
Kamala Harris calls Trump an “unserious man,” accepts Democratic nomination
Investing.com-- Vice President Kamala Harris struck out at her political opponent Donald Trump on Thursday evening, while formally accepting her nomination
Forex
EUR/USD holds above 1.1100 mark amid fresh USD selling, ahead of Fed’s Powell
The EUR/USD pair regains positive traction on the last day of the week and for now, seems to have stalled its pullback from the vicinity of over a one-year
Cryptocurrencies
Binance and CZ Face New Class-Action Lawsuit Over Alleged Crypto Laundering
Binance and its former CEO, Changpeng Zhao (CZ), are facing a new legal challenge with a revived class-action lawsuit in the U.S. District Court for the We
Economics
What does a US recession mean for Asia? Morgan Stanley weighs in
Investing.com-- Morgan Stanley (NYSE:MS) analysts said Asia is more exposed to a U.S. recession than past instances, with a corresponding slowdown in China
Commodities
Silver Price Forecast: XAG/USD rises above $29.00 due to dovish mood surrounding the Fed
Silver price (XAG/USD) price moves above $29.00 per troy ounce during Friday’s Asian hours. Non-yielding Silver prices gain ground ahead of the US Federal
Cryptocurrencies
Ethereum Is Flat, and Whales Selling: More Pain to Follow?
Ethereum is struggling for momentum and remains under immense selling pressure. As of writing, the second most valuable coin is inside a narrow range, tren
Cryptocurrencies
Shiba Inu Burn Rate Spikes 1,088% In One Day, But It’s Not All Good News
The Shiba Inu burn rate has seen a notable spike in the past 24 hours that suggests a turn in the tide when it comes to SHIB burning. However, despite this
Forex
GBP/USD extends rally above 1.3100, focus on BoE’s Bailey and Fed’s Powell speeches
The GBP/USD pair trades in positive territory for the seventh consecutive day near 1.3105 during the early European session on Friday.
Stocks
US stock futures rise with Powell speech, rate cuts in focus
Investing.com-- U.S. stock index futures rose in evening deals on Thursday with focus turning to an address by Federal Reserve Chair Jerome Powell for more
Stocks
U.S. shares lower at close of trade; Dow Jones Industrial Average down 0.43%
U.S. equities were lower at the close on Thursday, as losses in the Technology, Consumer Goods and Consumer Services sectors propelled shares lower.
Commodities
Gold slips as US yields rise, despite dovish Fed signals
Fed Minutes hint at potential rate cut in September, but stronger US Dollar pressures Gold lower.
Cryptocurrencies
Where Is Bitcoin And Ethereum Headed? Analyst Reveals Key Levels to Watch
Amid Bitcoin’s continuous consolidation below the $61,000 price mark over the past weeks, renowned trading guru Peter Brandt, with decades of experience in
Stocks
Zhihu Inc. Reports Unaudited Second Quarter 2024 Financial Results
Total revenues were RMB933.8 million (US$128.5 million) in the second quarter of 2024, compared with RMB1,044.2 million in the same period of 2023.
Forex
Japan core CPI rises as expected in July, but underlying inflation weak
Japanese core consumer price index inflation grew as expected in July, but a drop in underlying inflation- to levels below the Bank of Japan’s target- rais
Forex
USD/CAD trades with mild losses near 1.3600, all eyes on Fed Chair Powell’s speech
The USD/CAD pair trades softer around 1.3605 during the early Asian session on Friday.
Stocks
The recent rebound in US liquidity 'should prove temporary': JPMorgan
The recent rebound in U.S. liquidity, or money supply, is expected to be short-lived, according to JPMorgan (NYSE:JPM) analysts.
Commodities
Oil extends losses for fourth straight session despite large decline in US stockpiles
Oil price flirts with a break below $71.00 ahead of US PMIs and Jackson Hole.
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