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Economics
Fed to cut in September, December, Macquarie says, amid fresh recession jitters
The Federal Reserve is widely expected to deliver its first rate cut next month and followed it up by cutting again in December to ensure the economy remai
Commodities
Gold price slumps amid buoyant US Dollar after soft ISM PMI
Gold price edges lower during the North American session after hitting a daily low and high of $2,430 and $2,462, respectively, amid a stronger US Dollar.
Commodities
Gold price falls slightly as US Dollar advances ahead of US manufacturing PMI, NFP
Gold price (XAU/USD) edges lower after posting an almost two-week high at $2,458.50 in Thursday’s European session.
Commodities
Silver Price Forecast: XAG/USD tumbles to near $28.70 as US Dollar recovers ahead of US data
Silver price (XAG/USD) falls sharply to near $28.70 in Thursday’s European session after posting a fresh weekly high at $29.16.
Stocks
BMW shares slip on weak half-year cash flow
Shares of BMW (ETR:BMWG) were down on Thursday after its second quarter results were largely in line with expectations for auto EBIT, but fell short on fre
Forex
USD/CHF trades close to more than four-month low near 0.8750 with US NFP in focus
The USD/CHF pair hovers near more than four-month low around 0.8750 in Thursday’s European trading hours.
Stocks
Meta Q2 earnings: Here's what analysts have to say
Meta Platforms (NASDAQ:META) exceeded market expectations for its second-quarter revenue on Wednesday and provided an optimistic sales forecast for the thi
Forex
EUR/USD Price Analysis: 20-day EMA acts as key barrier for Euro bulls
EUR/USD falls sharply as the US Dollar bounces back strongly.
Economics
US weekly jobless claims increase to 11-month high
The number of Americans filing new jobless claims rose to an 11-month high, indicating a slight weakening in the labor market, with claims affected by seas
Stocks
Hedge funds exposure to Chinese stocks at the lowest in five years: GS
Global hedge funds have reduced their exposure to Chinese equities to the lowest level in five years while significantly increasing their investments in Ja
Economics
US: Initial Jobless Claims rose more than estimated last week
US citizens that applied for unemployment insurance benefits increased by 249K in the week ending July 27 according to the US Department of Labor (DoL) on
Stocks
Progressive groups in the US push for Nvidia antitrust investigation
U.S. progressive groups and Senator Elizabeth Warren urge the Department of Justice to investigate Nvidia's market dominance in AI chips.
Forex
GBP/USD consolidates in a range around mid-1.2800s, looks to BoE for fresh impetus
The GBP/USD pair struggles to capitalize on the previous day's post-FOMC positive move and oscillates in a narrow trading band during the Asian session on
Commodities
Oil prices extend gains on Israel-Hamas fears, OPEC+ awaited
Focus was also squarely on a meeting of the Organization of Petroleum Exporting Countries and allies (OPEC+), for more cues on the cartel’s plans for produ
Commodities
Silver Price Forecast: XAG/USD holds position near $29.00 with a positive bias
Silver price retraces its recent gains, trading around $28.90 per troy ounce during the Asian hours on Thursday.
Forex
USD/CHF languishes near its lowest level since March, holds above mid-0.8700s
USD/CHF drifts lower for the third straight day amid the post-FOMC USD selling bias.
Forex
EUR/USD extends its recovery above 1.0800 amid Fed September rate cut signal
The EUR/USD pair rebounds to nearly 1.0835 during the Asian session on Thursday.
Forex
AUD/JPY Price Analysis: Remains depressed near mid-97.00s, lowest level since March 12
AUD/JPY drifts lower for the third straight day and dives to a fresh multi-month low.
Forex
Japanese Yen extends rally to four-month highs due to hawkish BoJ
The Japanese Yen (JPY) continues to climb against the US Dollar (USD) for the third straight session, reaching a four-month high of 148.50 on Thursday.
Economics
China’s manufacturing sector unexpectedly shrinks in July- Caixin PMI
Investing.com-- Chinese manufacturing activity unexpectedly shrank in July, private purchasing managers index data showed on Thursday, furthering the notio
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