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Economics
Rate cuts will help achieve a soft landing: UBS
UBS Financial Services in a note dated Monday maintains its outlook that the U.S. economy is on track for a soft landing, but flags that the risks of a dow
Forex
USD/CAD remains below 1.3500 due to higher Oil prices
USD/CAD loses ground for the third consecutive session, trading around 1.3480 during the early European hours on Tuesday.
Cryptocurrencies
Bitcoin price today: dips to $63k as geopolitical risks dent sentiment
Bitcoin’s price fell on Tuesday, losing ground after a weekend rally as concerns over worsening geopolitical tensions across the globe dented risk sentimen
Stocks
NZD/USD Price Forecast: Moves above 0.6200, targets a seven-month high
NZD/USD recovers recent losses from the previous session, trading around 0.6220 during Tuesday’s European hours.
Economics
Labor market to determine size of September Fed rate cuts: Deutsche Bank
Recent statements by Federal Reserve officials signaled that a rate cut in September is likely “a done deal,”
Commodities
Gold slides on reduced haven demand, better US data
Gold (XAU/USD) trades marginally lower in the $2,510s on Tuesday as tensions in the Middle East dissipate, reducing haven demand for the yellow metal.
Forex
US Dollar sees some light at the start of the week, dovish Fed to limit the upside
The US Dollar, measured by the US Dollar Index (DXY), regained some ground on Monday, hovering around 101.00 after it had plummeting last week.
Stocks
Apple's Luca Maestri to step down as CFO
Investing.com -- Apple said Monday that Luca Maestri would be stepping down as chief financial on Jan. 1, 2025.
Forex
Australian Dollar moves sideways around seven-month highs
The Australian Dollar (AUD) moves sideways against the US Dollar (USD) on Tuesday, holding a position just below the seven-month high of 0.6798 recorded on
Commodities
Oil prices dip with eyes on Libya output, Middle East conflict
Investing.com-- Oil prices fell in Asian trade on Tuesday, cooling after a strong rebound in recent sessions with traders seeking more cues on production d
Commodities
Silver Price Forecast: XAG/USD holds ground below $30.00 with a positive sentiment
Silver price (XAG/USD) hovers around $29.90 per troy ounce during the Asian session on Monday.
Stocks
Japan stocks volatile in near-term, but long-term outlook bullish-Citi
Investing.com-- Japanese stocks are expected to see some instability in the next month, but are primed for a bullish long-term outlook, Citi said in a note
Forex
Japanese Yen extends losses despite a hawkish sentiment surrounding the BoJ
The Japanese Yen (JPY) continues to lose ground against the US Dollar (USD) for the second consecutive day on Tuesday.
Stocks
Will rate cuts make Asian small caps more attractive? Bernstein weighs in
Investing.com-- The prospect of lower interest rates in the coming months presents a favorable environment for small-cap stocks in Asia, Bernstein wrote in
Forex
GBP/USD holds position around 1.3200 ahead of UK PM Starmer’s speech
GBP/USD inches higher following the easing of the concerns about an imminent broader conflict in the Middle East have diminished following an exchange of f
Commodities
Gold weakens, but rate cut bets, safe haven demand keep prices above $2,500
Investing.com-- Gold prices fell in Asian trade on Tuesday amid some pressure from a rebound in the dollar, although the prospect of lower interest rates a
Forex
EUR/JPY rebounds above 161.50 ahead of German GDP data
The EUR/JPY cross trades on a stronger note near 161.60 during the early European session on Tuesday.
Stocks
Nvidia Earnings Preview: Analysts Believe Blackwell's Strong Revenue Potential Can Offset Production Delays
TradingKey - Nvidia is set to announce fiscal Q2 2025 earnings report after the market close on August 28. Analysts expect revenue and profit to more than
Commodities
Gold advances amid Fed rate cut speculation following Powell's speech
Gold extended its gains on Monday amid increasing bets that the US Federal Reserve (Fed) will begin to ease policy in September.
Economics
Fed's Daly leaves door open to bigger rate cut on further labor market weakness
San Francisco Fed President Mary Daly on Monday reinforced expectations for a rate cut next month and suggested that a bigger rate cut remains on a monetar
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