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Analysis
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Stocks
US 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.
Forex
EUR/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.
Stocks
Too 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.
Economics
BoJ’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.
Forex
AUD/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.
Stocks
Apple cuts 100 jobs in digital services- Bloomberg
Investing.com-- Apple Inc (NASDAQ:AAPL) cut about 100 jobs in its digital services group amid shifting priorities in the company, Bloomberg reported on Tuesday.
Cryptocurrencies
How Trump Became Pro-Bitcoin: Report Reveals How It Happened
The transformation of former US President Donald Trump from a Bitcoin skeptic to an advocate has stunned both political and financial communities.
Cryptocurrencies
Telegram Faces Indian Probe Following Durov’s Arrest In France: TON Plummets 20%
The Indian government has launched an investigation into the social media platform Telegram over concerns that it is being used for criminal activities suc
Stocks
U.S. shares higher at close of trade; Dow Jones Industrial Average up 0.02%
U.S. equities were higher at the close on Tuesday, as gains in the Financials, Technology and Telecoms sectors propelled shares higher.
Commodities
Silver Price Forecast: XAG/USD consolidates below $30.00
Silver's price consolidated for the second straight day, within the $29.70-$30.10 area on Tuesday, yet printed gains of 0.24%.
Commodities
US oil futures in slight boost after API shows larger decline in crude stocks
- U.S. crude oil futures received a slight boost in post-settlement trading Tuesday after the American Petroleum Institute reported a larger-than-expected
Forex
AUD/USD holds below 0.6800 amid risk-off sentiment, eyes on Australian CPI data
The AUD/USD pair trades with mild losses around 0.6790 on Wednesday during the early Asian session.
Economics
Rate cuts will help achieve a soft landing: UBS
UBS Financial Services in a note dated Monday maintains its outlook that the U.S. economy is on track for a soft landing, but flags that the risks of a dow
Forex
USD/CAD remains below 1.3500 due to higher Oil prices
USD/CAD loses ground for the third consecutive session, trading around 1.3480 during the early European hours on Tuesday.
Cryptocurrencies
Bitcoin price today: dips to $63k as geopolitical risks dent sentiment
Bitcoin’s price fell on Tuesday, losing ground after a weekend rally as concerns over worsening geopolitical tensions across the globe dented risk sentimen
Stocks
NZD/USD Price Forecast: Moves above 0.6200, targets a seven-month high
NZD/USD recovers recent losses from the previous session, trading around 0.6220 during Tuesday’s European hours.
Economics
Labor market to determine size of September Fed rate cuts: Deutsche Bank
Recent statements by Federal Reserve officials signaled that a rate cut in September is likely “a done deal,”
Commodities
Gold slides on reduced haven demand, better US data
Gold (XAU/USD) trades marginally lower in the $2,510s on Tuesday as tensions in the Middle East dissipate, reducing haven demand for the yellow metal.
Forex
US Dollar sees some light at the start of the week, dovish Fed to limit the upside
The US Dollar, measured by the US Dollar Index (DXY), regained some ground on Monday, hovering around 101.00 after it had plummeting last week.
Stocks
Apple's Luca Maestri to step down as CFO
Investing.com -- Apple said Monday that Luca Maestri would be stepping down as chief financial on Jan. 1, 2025.
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