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Forex
Japanese Yen edges higher due to hawkish BoJ, safe-haven flows
The Japanese Yen (JPY) extends its gains against the US Dollar (USD) on Wednesday.
Commodities
WTI edges lower below $77.50 on slowing global demand and easing fears of wider Middle East conflicts
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $77.20 on Wednesday.
Stocks
Asian stocks rise amid US inflation cheer; China lags ahead of key earnings
Most Asian stocks rose on Wednesday, tracking overnight gains on Wall Street as a soft producer inflation reading furthered bets that the Federal Reserve w
Commodities
Silver Price Forecast: XAG/USD depreciates to near $27.50 due to improved risk sentiment
Silver price (XAG/USD) extends its losses for the second consecutive day, trading around $27.70 per troy ounce during Wednesday’s Asian session.
Forex
GBP/USD consolidates in a range above mid-1.2700s ahead of inflation data from UK and US
GBP/USD struggles to lure buyers ahead of the crucial inflation data from the UK and the US.
Cryptocurrencies
Meme coins PEPE and BONK could see their prices surge on this development
Web3 payments infrastructure provider Transak is adding PEPE and BONK meme coins to its platform as part of its effort to open pathways for new users to en
Cryptocurrencies
Polkadot price forecast: Here’s what needs to happen for DOT/USD to hit $20
Crypto markets have continued their underwhelming performance this week as risk sentiment remains vulnerable ahead of the release of the U.S. inflation rep
Economics
Credit risk not interest rates sparked equity rotation, Citi says
Investing.com -- Fears that companies could default on thier bond repayments, or credit risk, rather than potential Federal Reserve policy action, is now t
Stocks
Alphabet falls as DoJ mulling move to break up Google: Bloomberg
Alphabet fell in afterhours trading Tuesday as the U.S. Department of Justice is reportedly mulling plans to rein in Google's dominance in online search in
Commodities
Oil futures off lows after API data show big draw in US crude stocks
Investing.com -- U.S. crude oil futures were given a boost-settlement trading Tuesday after the American Petroleum Institute reported a much larger-than-ex
Stocks
US stock index futures steady with CPI data in sight
Investing.com-- U.S. stock index futures were flat in evening deals on Tuesday as investors hunkered down ahead of key consumer inflation data that is like
Economics
Fed's Bostic: Concerned unemployment has gone up, but labor supply is good
Federal Reserve (Fed) Bank of Atlanta President Raphael Bostic noted on Tuesday that his overall outlook on the US labor market remains positive despite an
Forex
GBP/USD buoyed by soft US PPI despite UK unemployment spike
GBP/USD rallied into a two-week high on Tuesday, rising to a session peak of 1.2873 after market sentiment found the buy button. US Producer Price Index (P
Forex
EUR/USD finds the high side amid broad-base Greenback softness
EUR/USD climbed on Tuesday, bolstered by a broad weakening of US Dollar bids after US Producer Price Index (PPI) inflation cooled faster than expected.
Forex
New Zealand Dollar remains strong, with all eyes on RBNZ rate decision
The New Zealand Dollar (NZD) extends the rally on the weaker Greenback on Wednesday.
Economics
US producer prices increase less than expected in July
U.S. producer prices rose less than anticipated in July, with a 0.1% increase due to cheaper services offsetting higher goods costs, reflecting ongoing inf
Commodities
U.S. shale firms increase crude production with fewer rigs
U.S. shale producers are achieving greater operating efficiencies, increasing oil output without raising spending, leading to a potential oversupply in the
Stocks
Starbucks appoints Chipotle's Brian Niccol as CEO amid activist pressure
Starbucks appoints Chipotle Mexican Grill's Brian Niccol as new CEO amidst pressure from activist investor Elliott Investment Management.
Economics
U.S. producer prices growth slows more than expected in July
U.S. producer prices growth slowed more than expected on an annual basis in July, in the latest sign of cooling inflationary pressures in the world's larg
Forex
AUD/USD marginally higher after robust run of sentiment and wage data
AUD/USD is trading marginally higher on Tuesday, exchanging hands in the 0.6590s during the European session.
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