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Forex
USD/CAD remains under selling pressure below 1.3600 as Fed Minutes point to September rate cut
The USD/CAD pair edges lower to 1.3585 during the early Asian session on Thursday. The Greenback remains under selling pressure as the Minutes of the US Fe
Economics
'Vast majority' of Fed members see September rate cut on more inflation progress
Investing.com – The "vast majority" of Federal Reserve policymakers signaled that it may be appropriate to begin cutting rates next month should the recent
Forex
GBP/USD chalks in a fifth straight gain on Wednesday
GBP/USD briefly tested chart paper on the high side of 1.3100 on Wednesday as Cable continues to push deeper into bull country.
Stocks
U.S. shares higher at close of trade; Dow Jones Industrial Average up 0.14%
Investing.com – U.S. equities were higher at the close on Wednesday, as gains in the Basic Materials, Consumer Services and Industrials sectors propelled s
Forex
EUR/USD finds fresh 13-month high as Greenback pummeling continues
EUR/USD breached into a fresh 13-month peak on Wednesday, testing north of 1.1150 as the pair continues to grind its way toward 1.1200. Markets are selling
Stocks
US stock futures steady as rate cut cheer grows
Investing.com-- U.S. stock index futures rose slightly in evening deals on Wednesday, extending gains from Wall Street as the minutes of the Federal Reserv
Commodities
WTI holds below $72.00 as wider Middle East conflict fade
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $71.70 on Thursday. WTI price edges lower on the back of easing fears of a wid
Stocks
Japanese rates could trail yen, stock market ahead of Ueda's testimony
Bank of Japan Governor Kazuo Ueda is set to speak in front of parliament on Friday, and faces a delicate task of informing policymakers of likely future mo
Commodities
Oil bottoms out after UK navy reports new attacks in Red Sea
Oil price trades broadly unchanged, trying to snap a three-day losing streak.
Commodities
Lower oil, Fed easing would support EM FX in hard landing: BofA
The note mentions key shifts in the factors driving EM FX since the COVID-19 pandemic, emphasizing the potential support from lower oil prices and easing U
Forex
EUR/GBP marginally lower as traders await key PMI data
EUR/GBP edges lower ahead of potentially market-moving PMI data on Thursday.
Commodities
China steel prices drop sharply week over week: BofA
China's steel market has seen a major price decline last week, as per analysts from BofA Securities.
Forex
NZD/USD Price Analysis: Forms bearish candlestick at top of range
NZD/USD may be entering a sideways trend after touching the top of a multi-week range and rolling over.
Stocks
Fed minutes, US futures, gold, Walmart - what's moving markets
Investors are looking to the release of the minutes from the last Federal Reserve meeting, due later in the session, for further insight into the prospect
Forex
EUR/CAD drops to near 1.5150 despite a dovish BoC, lower Oil prices
EUR/CAD halts its gains, trading around 1.5130 during the European session on Wednesday.
Forex
USD weakness to continue, more pronounced in Asia: Nomura
Nomura anticipates a narrowing of the growth differential between the U.S. and Europe, which has been a significant factor in USD strength.
Commodities
Silver Price Forecast: XAG/USD hovers near $29.50 due to caution ahead of Fed Minutes
Silver price moves sideways as traders adopt a cautious stance before FOMC Minutes for July’s policy decision.
Cryptocurrencies
Bitcoin price today: down to $59k as Mt Gox token movements rattle sentiment
Bitcoin price fell on Wednesday as Mt Gox appeared to have mobilized about $2 billion worth of tokens, raising concerns over more distributions from the de
Forex
AUD/USD trades with modest losses below mid-0.6600s as USD rebounds from multi-month low
AUD/USD attracts some sellers following an intraday uptick to over a one-month peak.
Economics
Fed Governor Bowman Remains Cautious while More Officials Back September Rate Cut
TradingKey - On Tuesday, Fed Governor Bowman stated that she remains cautious about a policy shift due to the continued upside risks to inflation. However,
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