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Analysis
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Cryptocurrencies
Binance and CZ Face New Class-Action Lawsuit Over Alleged Crypto Laundering
Binance and its former CEO, Changpeng Zhao (CZ), are facing a new legal challenge with a revived class-action lawsuit in the U.S. District Court for the We
Economics
What does a US recession mean for Asia? Morgan Stanley weighs in
Investing.com-- Morgan Stanley (NYSE:MS) analysts said Asia is more exposed to a U.S. recession than past instances, with a corresponding slowdown in China
Commodities
Silver Price Forecast: XAG/USD rises above $29.00 due to dovish mood surrounding the Fed
Silver price (XAG/USD) price moves above $29.00 per troy ounce during Friday’s Asian hours. Non-yielding Silver prices gain ground ahead of the US Federal
Cryptocurrencies
Ethereum Is Flat, and Whales Selling: More Pain to Follow?
Ethereum is struggling for momentum and remains under immense selling pressure. As of writing, the second most valuable coin is inside a narrow range, tren
Cryptocurrencies
Shiba Inu Burn Rate Spikes 1,088% In One Day, But It’s Not All Good News
The Shiba Inu burn rate has seen a notable spike in the past 24 hours that suggests a turn in the tide when it comes to SHIB burning. However, despite this
Forex
GBP/USD extends rally above 1.3100, focus on BoE’s Bailey and Fed’s Powell speeches
The GBP/USD pair trades in positive territory for the seventh consecutive day near 1.3105 during the early European session on Friday.
Stocks
US stock futures rise with Powell speech, rate cuts in focus
Investing.com-- U.S. stock index futures rose in evening deals on Thursday with focus turning to an address by Federal Reserve Chair Jerome Powell for more
Stocks
U.S. shares lower at close of trade; Dow Jones Industrial Average down 0.43%
U.S. equities were lower at the close on Thursday, as losses in the Technology, Consumer Goods and Consumer Services sectors propelled shares lower.
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
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