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Analysis
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Commodities
Gold slips as US yields rise, despite dovish Fed signals
Fed Minutes hint at potential rate cut in September, but stronger US Dollar pressures Gold lower.
Cryptocurrencies
Where Is Bitcoin And Ethereum Headed? Analyst Reveals Key Levels to Watch
Amid Bitcoin’s continuous consolidation below the $61,000 price mark over the past weeks, renowned trading guru Peter Brandt, with decades of experience in
Stocks
Zhihu Inc. Reports Unaudited Second Quarter 2024 Financial Results
Total revenues were RMB933.8 million (US$128.5 million) in the second quarter of 2024, compared with RMB1,044.2 million in the same period of 2023.
Forex
Japan core CPI rises as expected in July, but underlying inflation weak
Japanese core consumer price index inflation grew as expected in July, but a drop in underlying inflation- to levels below the Bank of Japan’s target- rais
Forex
USD/CAD trades with mild losses near 1.3600, all eyes on Fed Chair Powell’s speech
The USD/CAD pair trades softer around 1.3605 during the early Asian session on Friday.
Stocks
The recent rebound in US liquidity 'should prove temporary': JPMorgan
The recent rebound in U.S. liquidity, or money supply, is expected to be short-lived, according to JPMorgan (NYSE:JPM) analysts.
Commodities
Oil extends losses for fourth straight session despite large decline in US stockpiles
Oil price flirts with a break below $71.00 ahead of US PMIs and Jackson Hole.
Cryptocurrencies
Tether Will Launch Dirham Stablecoin in the UAE
Tether has teamed up with Phoenix Group and Green Acorn Investments to bring a Dirham-pegged stablecoin to the UAE.
Cryptocurrencies
AAVE Breaks Out Of 2-Year Accumulation Range, Is A Parabolic Run Ahead?
AAVE has become one of the best-performing cryptocurrencies this month.
Commodities
Gold positioning does not look stretched despite record highs: UBS
In August 2024, gold prices reached record highs, surpassing $2,500. Despite this, UBS analysts believe the gold market is not overvalued.
Forex
EUR/GBP slumps to fresh fortnight low below 0.8500 on multiple headwinds
The EUR/GBP pair posts a fresh almost three-week low near 0.8480 in Thursday’s North American session.
Economics
July minutes highlighted labor market risk: Analysts
The July FOMC minutes highlighted growing concerns about labor market risks and reflected a dovish stance from the committee, JPMorgan (NYSE:JPM) economist
Commodities
Silver Price Forecast: XAG/USD eases around $29.50 ahead of Jackson Hole Symposium
Silver price (XAG/USD) price edges lower to near $29.50 per troy ounce during the European hours on Thursday.
Stocks
US S&P Global PMIs seen broadly unchanged in August, signaling moderate economic expansion
The S&P Global preliminary PMIs for August are seen little changed from previous readings.
Cryptocurrencies
Bitcoin price today: steadies at $60k amid some rate cut cheer
Bitcoin price rose on Thursday, tracking a broader increase in risk-driven markets amid growing bets on a September interest rate cut, although speculation
Forex
GBP/JPY trades with modest gains near daily high, around mid-190.00s ahead of UK PMIs
The GBP/JPY cross attracts some dip-buying near the 189.65-189.60 region on Thursday and climbs to the daily peak during the early part of the European ses
Stocks
"Black Myth: Wukong" Becomes a Sensation: Which U.S. Stocks Could Benefit?
TradingKey - "Black Myth: Wukong" has taken the global gaming market by storm, potentially breaking even on its first day of release.
Commodities
Silver Price Prediction: XAG/USD bulls have the upper hand while above $29.20 confluence
Silver (XAG/USD) attracts some sellers during the Asian session on Thursday and reverses a major part of the previous day's positive move.
Commodities
Oil prices down to $75 as demand jitters offset rate cut cheer, inventory draw
Oil prices fell in Asian trade on Thursday, extending a run of recent losses as weak U.S. labor data fueled concerns over an economic slowdown in the count
Commodities
Gold prices dip from record highs; rate cuts, recession in focus
Gold prices fell from record highs in Asian trade on Thursday as a rally in the yellow metal cooled, with market focus remaining on U.S. interest rate cut
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