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Forex
AUD/USD holds below 0.6800 as markets digest Powell’s Jackson Hole speech
The AUD/USD pair trades on a weaker note around 0.6790 during the early Asian session on Monday.
Stocks
Japan shares higher at close of trade; Nikkei 225 up 0.55%
Japan equities were higher at the close on Friday, as gains in the Transportation Equipment, Pharmaceutical Industry and Paper&Pulp sectors propelled shar
Forex
NZD/USD sticks to gains near mid-0.6100s, remains below two-month high ahead of Fed’s Powell
The NZD/USD pair regains some positive traction on Friday, albeit lacks follow-through and remains confined in a three-day-old range through the early Euro
Commodities
Gold prices nurse tumble from record highs with Powell, rate cuts in focus
Gold prices rose in Asian trade on Friday but were nursing a tumble from record highs in the prior session as caution before an address by Federal Reserve
Forex
EUR/USD holds key support of 1.1100 ahead of Powell's speech at Jackson Hole
EUR/USD edges higher as the US Dollar drops as traders shift their focus to Fed Powell’s speech at the Jackson Hole Symposium.
Cryptocurrencies
Bitcoin price today: steady at $60k, Powell speech awaited
Bitcoin price moved little on Friday as markets turned cautious before more cues on U.S. interest rates from an address by Federal Reserve Chair Jerome Pow
Forex
AUD/JPY edges lower to near 98.00 following BoJ Ueda’s speech, Fed’s Powell awaited
AUD/JPY retraces its recent gains from the previous two days, trading around 97.80 during the early European hours on Friday.
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.
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