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Analysis
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Stocks
US recession risk easing, 'confident' Fed will cut by 25bps in Sept: Goldman Sachs
Goldman Sachs (NYSE:GS) economists have revised their 12-month U.S. recession probability down from 25% to 20%, citing recent economic data that shows no s
Forex
Pound Sterling trades mixed at start of week
The Pound Sterling (GBP) trades mixed in its most heavily traded pairs on Monday despite positive economic data releases of late.
Stocks
Plus500 reports strong Q2, forecasts above expectations
The company also declared a substantial shareholder distribution of $185.5 million.
Forex
AUD/JPY extends losses to near 97.50 due to hawkish BoJ, rising geopolitical tensions
AUD/JPY depreciates to near 97.50 during the early European hours on Monday.
Stocks
Nvidia earnings preview: Goldman reiterates Buy on solid AI infrastructure demand
Wall Street anticipates another strong quarter for Nvidia (NASDAQ:NVDA) as investors’ favorite chipmaker prepares to release its fiscal Q2 2025 results on
Forex
USD/CAD moves below 1.3700 due to rising bets for a Fed rate cut in September
USD/CAD retraces its recent gains from the previous two sessions, trading around 1.3670 during Monday’s European hours.
Commodities
WTI remains below $75.50 due to demand concerns in China
West Texas Intermediate (WTI) Oil price hovers around $75.30 per barrel during the Asian session on Monday.
Forex
US Dollar Index falls toward 102.00 as dovish Fedspeak raises odds of a Fed rate-cut
The US Dollar Index extends its losses following the dovish comments from Fed officials.
Commodities
Gold price trades with mild negative bias above $2,500, bullish potential seems intact
Traders look to FOMC minutes and Fed Chair Powell’s speech this week for a fresh impetus.
Forex
Japanese Yen rises due to increasing odds of a further BoJ rate hike
The Japanese Yen (JPY) appreciates for the second consecutive day against the US Dollar (USD), driven by hawkish sentiment surrounding the Bank of Japan (B
Forex
EUR/JPY dives to multi-day low, closer to mid-161.00s amid notable JPY buying
EUR/JPY attracts sellers for the second straight day amid a goodish pickup in the JPY demand.
Commodities
Silver Price Forecast: XAG/USD remains below $29.00 despite rising geopolitical tensions
Silver price (XAG/USD) price holds minor losses, trading around $29.00 per troy ounce during Monday’s Asian session.
Commodities
Citi updates its 2024 outlook for steel prices
Investing.com -- Analysts at Citi Research have updated its outlook for steel prices in 2024, reflecting a nuanced view of both short-term and mid-term dyn
Stocks
Stage is set for Nasdaq, tech stocks to move higher: Wedbush
The Nasdaq and tech stocks are poised for significant gains heading into year-end, driven by the accelerating AI revolution, according to a recent note fro
Stocks
These are the 2 risks for the stock market at the moment: Citi
As the U.S. equity market navigates the latter half of 2024, Citi analysts have identified two risks that could weigh on stock performance: rising recessio
Politics
Harris puts tax, cost cuts at heart of economic plan to boost middle class
Investing.com -- Vice President Kamala Harris on Friday outlined her economic agenda focused on tax cuts, affordable housing and lower food prices that the
Stocks
5 big analyst AI moves: Dell new Top Pick at JPMorgan; QCOM, SNOW downgraded
Investing.com -- Here are the biggest analyst moves in the area of artificial intelligence (AI) for this week.InvestingPro subscribers always get first dib
Economics
Fed's Goolsbee: US credit conditions are tight and are getting tighter
Federal Reserve Bank of Chicago President Austan Goolsbee said on Sunday that central bank officials should be wary of keeping the restrictive policy in pl
Forex
AUD/USD trades stronger above 0.6650 on positive risk sentiment, hawkish RBA
The AUD/USD pair kicks off the new week on a positive note around 0.6670. A risk-on tone across markets and rising expectations of an imminent rate cut by
Commodities
Gold Price Forecast: XAU/USD holds above $2,500 amid persistent geopolitical risks, hopes for Fed rate cuts
Gold price (XAU/USD) gains momentum around $2,505 during the early Asian session on Monday amid hopes of the US Federal Reserve (Fed) rate cuts in Septembe
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