Analysis
EconomicsFed's Daly: It’s time to consider adjusting borrowing costs
Federal Reserve Bank of San Francisco President Mary Daly said that the US central bank needs to take a gradual approach to lowering borrowing costs, per F
EconomicsTraders now betting on smaller Fed rate cut in September
The likelihood of a Federal Reserve interest rate cut at the September 2024 meeting is all but guaranteed.
StocksApple, Microsoft lead Wells Fargo's list of top stocks 'for all seasons'
Wells Fargo Investment Institute publishes nine equity recommendation lists in total, each tailored with different time horizons, benchmarks, objectives, a
ForexNZD/USD Price Forecast: Rallies to near 0.6030 on upbeat market sentiment
The NZD/USD pair surges to near 0.6030 in Friday’s European session.
Aug 16, 2024
EconomicsFed likely to cut but not rush: BofA
BAC analysts anticipate that the Federal Reserve will proceed cautiously with interest rate cuts, despite recent economic data supporting a gradual easing.
CommoditiesSilver price today: Silver falls, according to FXStreet data
Silver prices (XAG/USD) fell on Friday, according to FXStreet data.
Aug 16, 2024
ForexEUR/USD Price Forecast: Seems poised to surpass 1.1000 mark and retest YTD peak
EUR/USD regains positive traction on Friday amid the emergence of some USD selling.
Aug 16, 2024
ForexMexican Peso edges lower as traders cover their longs
The Mexican Peso (MXN) is edging lower in its key pairs on Friday as traders take profit from their recent longs.
Aug 16, 2024
StocksTesla has lost share in all geographies, in both xEVs and EVs: Bernstein
Tesla (NASDAQ:TSLA) has been losing market share across all regions and segments within both electric vehicle (EV) and xEV categories, according to Bernste
CommoditiesWTI Price Prediction: Slides back below mid-$76.00s, not out of the woods yet
WTI fails to build on the overnight recovery and meets with a fresh supply on Friday.
Aug 16, 2024
ForexUS Dollar holds up recovery as US recession fears ebb
The US Dollar falls slightly but holds the recent recovery, which was driven by Thursday’s upbeat US data.
EconomicsPowell unlikely to signal a 50bp rate cut at Jackson Hole next week: Piper Sandler
Federal Reserve Chair Jerome Powell is unlikely to signal a 50 basis point (bp) rate cut at the upcoming Jackson Hole symposium next week, Piper Sandler st
CryptocurrenciesU.S. Bitcoin ETFs Set to Surpass Satoshi Nakamoto's Holdings
Bloomberg ETF analyst Eric Balchunas recently revealed on social platform X that the combined holdings of Bitcoin by the 10 U.S. spot Bitcoin ETFs have exc
Aug 16, 2024
CommoditiesWTI trades with modest losses below $77.00, downside potential seems limited
WTI edges lower on Friday and erodes a part of the previous day’s positive move.
Aug 16, 2024
ForexUSD/CAD hovers around 50-day SMA, remains on the defensive below mid-1.3700s
USD/CAD stalls this week’s recovery from the monthly low amid the emergence of some USD selling.
Aug 16, 2024
ForexJapanese Yen appreciates as economic growth raises odds of another rate hike by the BoJ
The Japanese Yen advances due to rising odds of a further rate hike by the BoJ.
Aug 16, 2024
CommoditiesSilver Price Forecast: XAG/USD holds below $28.50 as traders shred bets on deeper Fed rate cuts
Silver price (XAG/USD) edges lower to near $28.15 on Friday during the Asian trading hours.
Aug 16, 2024
ForexGBP/USD rises above 1.2850 ahead of UK Retail Sales figures
GBP/USD continues to strengthen for the second consecutive session, trading around 1.2870 during the Asian hours on Friday.
Aug 16, 2024
