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Cryptocurrencies
Tether Will Launch Dirham Stablecoin in the UAE
Tether has teamed up with Phoenix Group and Green Acorn Investments to bring a Dirham-pegged stablecoin to the UAE.
Cryptocurrencies
AAVE Breaks Out Of 2-Year Accumulation Range, Is A Parabolic Run Ahead?
AAVE has become one of the best-performing cryptocurrencies this month.
Commodities
Gold positioning does not look stretched despite record highs: UBS
In August 2024, gold prices reached record highs, surpassing $2,500. Despite this, UBS analysts believe the gold market is not overvalued.
Forex
EUR/GBP slumps to fresh fortnight low below 0.8500 on multiple headwinds
The EUR/GBP pair posts a fresh almost three-week low near 0.8480 in Thursday’s North American session.
Economics
July minutes highlighted labor market risk: Analysts
The July FOMC minutes highlighted growing concerns about labor market risks and reflected a dovish stance from the committee, JPMorgan (NYSE:JPM) economist
Commodities
Silver Price Forecast: XAG/USD eases around $29.50 ahead of Jackson Hole Symposium
Silver price (XAG/USD) price edges lower to near $29.50 per troy ounce during the European hours on Thursday.
Stocks
US S&P Global PMIs seen broadly unchanged in August, signaling moderate economic expansion
The S&P Global preliminary PMIs for August are seen little changed from previous readings.
Cryptocurrencies
Bitcoin price today: steadies at $60k amid some rate cut cheer
Bitcoin price rose on Thursday, tracking a broader increase in risk-driven markets amid growing bets on a September interest rate cut, although speculation
Forex
GBP/JPY trades with modest gains near daily high, around mid-190.00s ahead of UK PMIs
The GBP/JPY cross attracts some dip-buying near the 189.65-189.60 region on Thursday and climbs to the daily peak during the early part of the European ses
Stocks
"Black Myth: Wukong" Becomes a Sensation: Which U.S. Stocks Could Benefit?
TradingKey - "Black Myth: Wukong" has taken the global gaming market by storm, potentially breaking even on its first day of release.
Commodities
Silver Price Prediction: XAG/USD bulls have the upper hand while above $29.20 confluence
Silver (XAG/USD) attracts some sellers during the Asian session on Thursday and reverses a major part of the previous day's positive move.
Commodities
Oil prices down to $75 as demand jitters offset rate cut cheer, inventory draw
Oil prices fell in Asian trade on Thursday, extending a run of recent losses as weak U.S. labor data fueled concerns over an economic slowdown in the count
Commodities
Gold prices dip from record highs; rate cuts, recession in focus
Gold prices fell from record highs in Asian trade on Thursday as a rally in the yellow metal cooled, with market focus remaining on U.S. interest rate cut
Forex
Japanese Yen remains tepid ahead of BoJ Governor Ueda's speech in parliament
The Japanese Yen (JPY) edges lower against the US Dollar (USD) on Thursday.
Stocks
Morgan Stanley remains overweight on Japan and India, cuts China outlook further
Morgan Stanley (NYSE:MS) said it remained overweight on Japanese and Indian stock markets, while further trimming its targets for China amid few signs of i
Forex
GBP/USD Price Prediction: Consolidates below 1.3100 and YTD peak, bullish potential intact
GBP/USD bulls turn cautious amid the emergence of some USD buying on Thursday.
Cryptocurrencies
Tether plans new stablecoin pegged to UAE dirham
Tether, the company behind the $114 billion USDT token, plans to launch a new stablecoin pegged to the United Arab Emirates (UAE) dirham.
Economics
Does Jackson Hole matter to longer-term equity investors? Macquarie weighs in
As investors eagerly await Jerome Powell's remarks at the Jackson Hole symposium, many are questioning whether this high-profile event holds significant im
Forex
USD/JPY Price Forecast: Hovers around 145.20 post-Fed minutes release
The USD/JPY trims some of its earlier gains after July’s Federal Reserve’s meeting minutes hinted the US central bank could ease policy as soon as Septembe
Forex
Dollar has more downside as Fed cuts approach - Capital Economics
Investing.com - The U.S. dollar has had a difficult summer so far, and Capital Economics sees more downside over the next couple of years, citing unfavorab
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