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Analysis
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Commodities
Oil bottoms out after UK navy reports new attacks in Red Sea
Oil price trades broadly unchanged, trying to snap a three-day losing streak.
Commodities
Lower oil, Fed easing would support EM FX in hard landing: BofA
The note mentions key shifts in the factors driving EM FX since the COVID-19 pandemic, emphasizing the potential support from lower oil prices and easing U
Forex
EUR/GBP marginally lower as traders await key PMI data
EUR/GBP edges lower ahead of potentially market-moving PMI data on Thursday.
Commodities
China steel prices drop sharply week over week: BofA
China's steel market has seen a major price decline last week, as per analysts from BofA Securities.
Forex
NZD/USD Price Analysis: Forms bearish candlestick at top of range
NZD/USD may be entering a sideways trend after touching the top of a multi-week range and rolling over.
Stocks
Fed minutes, US futures, gold, Walmart - what's moving markets
Investors are looking to the release of the minutes from the last Federal Reserve meeting, due later in the session, for further insight into the prospect
Forex
EUR/CAD drops to near 1.5150 despite a dovish BoC, lower Oil prices
EUR/CAD halts its gains, trading around 1.5130 during the European session on Wednesday.
Forex
USD weakness to continue, more pronounced in Asia: Nomura
Nomura anticipates a narrowing of the growth differential between the U.S. and Europe, which has been a significant factor in USD strength.
Commodities
Silver Price Forecast: XAG/USD hovers near $29.50 due to caution ahead of Fed Minutes
Silver price moves sideways as traders adopt a cautious stance before FOMC Minutes for July’s policy decision.
Cryptocurrencies
Bitcoin price today: down to $59k as Mt Gox token movements rattle sentiment
Bitcoin price fell on Wednesday as Mt Gox appeared to have mobilized about $2 billion worth of tokens, raising concerns over more distributions from the de
Forex
AUD/USD trades with modest losses below mid-0.6600s as USD rebounds from multi-month low
AUD/USD attracts some sellers following an intraday uptick to over a one-month peak.
Economics
Fed Governor Bowman Remains Cautious while More Officials Back September Rate Cut
TradingKey - On Tuesday, Fed Governor Bowman stated that she remains cautious about a policy shift due to the continued upside risks to inflation. However,
Forex
What is the impact of the yen carry trade on earnings? Jefferies weighs in
The Japanese yen firmed sharply over the past month as the Bank of Japan began raising interest rates, sparking a rapid unwinding in the yen carry trade th
Commodities
Silver Price Prediction: XAG/USD bulls might await sustained move beyond $30.00 mark
Silver attracts some dip-buying following the overnight pullback from a one-month peak.
Commodities
Oil prices flat amid signs of US inventory build; Gaza ceasefire in focus
Oil prices moved little in Asian trade on Wednesday, seeing little relief from recent losses as industry data signaled an unexpected build in U.S. inventor
Forex
AUD/JPY trades with modest gains above 98.00, remains confined in one-week-old range
AUD/JPY regains positive on Wednesday amid the emergence of some JPY selling.
Stocks
Asian stocks fall as yen strength weighs; Hong Kong hit by JD.com losses
Asian stocks retreated on Wednesday as strength in the yen spurred a further unwinding in the carry trade, while losses in e-commerce major JD.com dragged
Forex
GBP/USD Price Forecast: Holds position above 1.3000 with testing yearly highs
GBP/USD halts its four-day winning streak, trading around 1.3020 during Wednesday’s Asian session.
Forex
US Dollar plunges to multi-month lows on dovish Fed bets
The US Dollar, benchmarked by the US Dollar Index (DXY), recorded a seven-month low, in correspondence with a falling trend in Treasury yields and intense
Economics
Fed's Bowman cautious on rate cuts as upside risks to inflation to persist
Investing.com -- Federal Reserve Governor Michelle Bowman said Tuesday she remains cautious on interest rate cuts and warned against overreacting to recen
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