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Analysis
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Politics
Harris puts tax, cost cuts at heart of economic plan to boost middle class
Investing.com -- Vice President Kamala Harris on Friday outlined her economic agenda focused on tax cuts, affordable housing and lower food prices that the
Stocks
5 big analyst AI moves: Dell new Top Pick at JPMorgan; QCOM, SNOW downgraded
Investing.com -- Here are the biggest analyst moves in the area of artificial intelligence (AI) for this week.InvestingPro subscribers always get first dib
Economics
Fed's Goolsbee: US credit conditions are tight and are getting tighter
Federal Reserve Bank of Chicago President Austan Goolsbee said on Sunday that central bank officials should be wary of keeping the restrictive policy in pl
Forex
AUD/USD trades stronger above 0.6650 on positive risk sentiment, hawkish RBA
The AUD/USD pair kicks off the new week on a positive note around 0.6670. A risk-on tone across markets and rising expectations of an imminent rate cut by
Commodities
Gold Price Forecast: XAU/USD holds above $2,500 amid persistent geopolitical risks, hopes for Fed rate cuts
Gold price (XAU/USD) gains momentum around $2,505 during the early Asian session on Monday amid hopes of the US Federal Reserve (Fed) rate cuts in Septembe
Economics
Fed's Daly: It’s time to consider adjusting borrowing costs
Federal Reserve Bank of San Francisco President Mary Daly said that the US central bank needs to take a gradual approach to lowering borrowing costs, per F
Economics
Traders now betting on smaller Fed rate cut in September
The likelihood of a Federal Reserve interest rate cut at the September 2024 meeting is all but guaranteed.
Stocks
Apple, Microsoft lead Wells Fargo's list of top stocks 'for all seasons'
Wells Fargo Investment Institute publishes nine equity recommendation lists in total, each tailored with different time horizons, benchmarks, objectives, a
Forex
NZD/USD Price Forecast: Rallies to near 0.6030 on upbeat market sentiment
The NZD/USD pair surges to near 0.6030 in Friday’s European session.
Economics
Fed likely to cut but not rush: BofA
BAC analysts anticipate that the Federal Reserve will proceed cautiously with interest rate cuts, despite recent economic data supporting a gradual easing.
Commodities
Silver price today: Silver falls, according to FXStreet data
Silver prices (XAG/USD) fell on Friday, according to FXStreet data.
Forex
EUR/USD Price Forecast: Seems poised to surpass 1.1000 mark and retest YTD peak
EUR/USD regains positive traction on Friday amid the emergence of some USD selling.
Forex
Mexican Peso edges lower as traders cover their longs
The Mexican Peso (MXN) is edging lower in its key pairs on Friday as traders take profit from their recent longs.
Stocks
Tesla has lost share in all geographies, in both xEVs and EVs: Bernstein
Tesla (NASDAQ:TSLA) has been losing market share across all regions and segments within both electric vehicle (EV) and xEV categories, according to Bernste
Commodities
WTI Price Prediction: Slides back below mid-$76.00s, not out of the woods yet
WTI fails to build on the overnight recovery and meets with a fresh supply on Friday.
Forex
US Dollar holds up recovery as US recession fears ebb
The US Dollar falls slightly but holds the recent recovery, which was driven by Thursday’s upbeat US data.
Economics
Powell unlikely to signal a 50bp rate cut at Jackson Hole next week: Piper Sandler
Federal Reserve Chair Jerome Powell is unlikely to signal a 50 basis point (bp) rate cut at the upcoming Jackson Hole symposium next week, Piper Sandler st
Cryptocurrencies
U.S. Bitcoin ETFs Set to Surpass Satoshi Nakamoto's Holdings
Bloomberg ETF analyst Eric Balchunas recently revealed on social platform X that the combined holdings of Bitcoin by the 10 U.S. spot Bitcoin ETFs have exc
Commodities
WTI trades with modest losses below $77.00, downside potential seems limited
WTI edges lower on Friday and erodes a part of the previous day’s positive move.
Forex
USD/CAD hovers around 50-day SMA, remains on the defensive below mid-1.3700s
USD/CAD stalls this week’s recovery from the monthly low amid the emergence of some USD selling.
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