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Analysis
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Forex
USD/JPY declines to near 146.00 on BoJ’s hawkish Summary of Opinions
The USD/JPY falls to near 146.00 in Thursday’s European session.
Forex
USD/CAD: Slightly negative on the day – Scotiabank
The Canadian Dollar (CAD) is little changed on the day, FX chief FX strategist Shaun Osborne notes.
Cryptocurrencies
JPMorgan remains 'cautious' on Bitcoin, crypto market despite recent selloff
JPMorgan is still wary of crypto markets, even though Bitcoin managed to bounce back a bit after having its worst day since Sam Bankman-Fried's FTX empire
Commodities
Oil prices rise on smaller US inventories, China demand fears limit gains
Oil prices rose in Asian trade on Thursday as a sustained drop in U.S. inventories spurred some optimism over sustained demand in the world’s biggest fuel
Forex
GBP/USD edges higher to near 1.2700, upside potential seems limited
GBP/USD breaks its three-day losing streak, trading around 1.2700 during the Asian session on Thursday.
Commodities
Silver Price Prediction: XAG/USD rebounds from multi-month low, not out of the woods yet
Silver reverses an intraday dip to a fresh multi-month low touched earlier this Thursday.
Forex
AUD/JPY clings to hawkish RBA-inspired gains, struggles to build on strength beyond 96.00
AUD/JPY turns positive for the third straight day, albeit lacks strong follow-through buying.
Stocks
Morgan Stanley says Japanese insurance stocks attractive despite deep correction
Morgan Stanley (NYSE:MS) said that a recent decline in Japanese insurance stocks had stretched too far, and reiterated its view that the sector still remai
Forex
US Dollar Index falls to near 103.00 due to dovish mood surrounding the Fed
The US Dollar depreciates due to heightened expectations of the US Fed reducing rates in September.
Forex
GBP/USD struggles to find gains as markets chew on rate cut expectations
GBP/USD tested waters on the high side on Wednesday but settled the day where it started just south of the 1.2700 handle.
Economics
Fed rate cuts only bullish for base metals if demand picks up
The recent pause in the rally of base metals is attributed to a combination of factors, including sluggish growth in China and a weakening US economy, said
Stocks
Where do Magnificent 7 valuations stand today?
The Magnificent 7 group of stocks has declined 9% month-to-date through August 5th, underperforming the broader market with the S&P 500 down 6% and the NAS
Stocks
Stocks to fall further as allocations are 'significantly above average levels':JPM
JPMorgan Chase&Co. (NYSE:JPM) quant strategists warned that global equity prices could decline further despite the recent selloff.Global equity allocations
Stocks
Robinhood Q2 results top estimates as crypto, options trading jumps
Investing.com -- Robinhood reported Wednesday second-quarter results that topped Wall Street estimates spurred by a surge in cryptocurrency and options tra
Economics
BoC Minutes: Members see risk consumers could be significantly weaker than expected in 2025 and 2026
According to the Bank of Canada's (BoC) minutes from a recent meeting that was released Wednesday, the governing council saw the risk that consumer spendin
Forex
EUR/USD pulls into the middle just above 1.0900
EUR/USD paddled in a tight circle on Wednesday, churning just above the 1.0900 handle as Fiber traders take a breather from recent volatility sparked by a
Forex
USD/CAD extends downside near 1.3750, US Initial Jobless Claims and geopolitical risks eyed
The USD/CAD pair extends its decline to near 1.3755 during the early Asian session on Thursday.
Cryptocurrencies
Ether ETFs struggle to attract consistent inflows - J.P. Morgan
Just before the massive sell-off in early August, July offered a brief respite for the crypto market with some positive metrics after a largely negative se
Cryptocurrencies
Bitcoin hasn't yet lived up to its reputation as "digital gold," says Citi
Spot Ethereum ETFs are seeing net outflows in their second week of trading, much like Bitcoin ETFs did when they first launched, said Citigroup strategists
Forex
Dollar edges higher,yen falls after BOJ rules out another rate hike, for now
The U.S. dollar edged higher Wednesday, while the Japanese yen slumped after the Bank of Japan attempted to calm troubled waters by signaling no more rate
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