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Analysis
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Forex
EUR/AUD edges higher despite quite bearish fundamentals
EUR/AUD is exchanging hands in the 1.6630s on Wednesday, up a third of a percent on the day.
Stocks
Tesla's FSD v12 technology 'is stunningly good, but not useful today': analyst
Tesla's Full Self-Driving (FSD) version 12 (v12) technology is "stunningly good, but not useful today," a Truist Securities analyst said in a recent report
Cryptocurrencies
Bitcoin price today: rises to $61k amid rate cut hopes, CPI awaited
Bitcoin price rose on Wednesday, extending an overnight rebound as risk sentiment improved amid increasing bets on a deeper U.S. interest rate cut, with fo
Forex
EUR/USD revisits seven-month high around 1.1000 ahead of US inflation
EUR/USD clings to gains around the psychological resistance of 1.1000 in Wednesday’s European session, its highest level in around seven months.
Commodities
Silver Price Forecast: XAG/USD tests 14-day EMA at $28.00
Silver price (XAG/USD) price retraces its recent gains, trading around $27.90 per troy ounce during the European session on Wednesday.
Forex
NZD/JPY Price Prediction: Seems vulnerable below 38.2% Fibo. amid RBNZ’s dovish tilt
NZD/JPY witnessed a dramatic turnaround from a nearly two-week high touched this Wednesday.
Commodities
Gold upside limited by overextended positioning, say analysts
Gold (XAU/USD) trades in the $2,470s on Wednesday as it continues consolidating after its August rally.
Stocks
Straumann stock rallies on upbeat results
Shares of Straumann (SIX:STMN) surged on Wednesday after it reported its second-quarter results, posting a solid performance that exceeded expectations in
Forex
Japanese Retail Investors Elevate Bullish Yen Bets to Near Record Highs
Japanese retail investors continue to bet on a further rally in the yen, despite it giving back some of its gains from the past two weeks.
Forex
Japanese Yen edges higher due to hawkish BoJ, safe-haven flows
The Japanese Yen (JPY) extends its gains against the US Dollar (USD) on Wednesday.
Commodities
WTI edges lower below $77.50 on slowing global demand and easing fears of wider Middle East conflicts
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $77.20 on Wednesday.
Stocks
Asian stocks rise amid US inflation cheer; China lags ahead of key earnings
Most Asian stocks rose on Wednesday, tracking overnight gains on Wall Street as a soft producer inflation reading furthered bets that the Federal Reserve w
Commodities
Silver Price Forecast: XAG/USD depreciates to near $27.50 due to improved risk sentiment
Silver price (XAG/USD) extends its losses for the second consecutive day, trading around $27.70 per troy ounce during Wednesday’s Asian session.
Forex
GBP/USD consolidates in a range above mid-1.2700s ahead of inflation data from UK and US
GBP/USD struggles to lure buyers ahead of the crucial inflation data from the UK and the US.
Cryptocurrencies
Meme coins PEPE and BONK could see their prices surge on this development
Web3 payments infrastructure provider Transak is adding PEPE and BONK meme coins to its platform as part of its effort to open pathways for new users to en
Cryptocurrencies
Polkadot price forecast: Here’s what needs to happen for DOT/USD to hit $20
Crypto markets have continued their underwhelming performance this week as risk sentiment remains vulnerable ahead of the release of the U.S. inflation rep
Economics
Credit risk not interest rates sparked equity rotation, Citi says
Investing.com -- Fears that companies could default on thier bond repayments, or credit risk, rather than potential Federal Reserve policy action, is now t
Stocks
Alphabet falls as DoJ mulling move to break up Google: Bloomberg
Alphabet fell in afterhours trading Tuesday as the U.S. Department of Justice is reportedly mulling plans to rein in Google's dominance in online search in
Commodities
Oil futures off lows after API data show big draw in US crude stocks
Investing.com -- U.S. crude oil futures were given a boost-settlement trading Tuesday after the American Petroleum Institute reported a much larger-than-ex
Stocks
US stock index futures steady with CPI data in sight
Investing.com-- U.S. stock index futures were flat in evening deals on Tuesday as investors hunkered down ahead of key consumer inflation data that is like
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