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Economics
Fed higher for longer stance may force intermeeting cuts: Evercore ISI
Investing.com -- The longer the Fed clings onto its higher for longer policy stance, the greater the risk that it may fall behind the curve and be forced t
Forex
EUR/USD jumps but fails to grasp 1.10
EUR/USD scrambled for higher ground on Monday, launching bids into 1.1000 before settling back into a familiar range near 1.0950 and failing to set a fresh
Forex
NZD/USD holds above 0.5950 as US recession fears mount
The NZD/USD pair recovers some lost ground around 0.5955 after retracing to near 0.5850 during the early Asian session on Tuesday.
Forex
Japanese yen surges to 7-month high as concerns mount over US economy
The Japanese yen surged to seven-month highs against the dollar on Monday due to concerns over a potential U.S. economic downturn and larger rate cuts by t
Commodities
Gold's rally to record high could crimp demand: Russell
Gold has surged by 18.5% this year, reaching a record high, but its success might hinder consumer buying due to the price increase.
Stocks
Magnificent Seven projected to lose $1 trillion in value, with Apple and Nvidia leading the decline
Apple and Nvidia spearheaded a downturn in tech stocks on Monday amid U.S. recession concerns and Berkshire Hathaway's move to reduce its stake in Apple, h
Economics
Fed's Goolsbee: If economy deteriorates, Fed will fix it
In an interview with CNBC on Monday, Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee noted that there is a lot going on in the world, which
Stocks
Dow Jones, Nasdaq, S&P 500 weekly preview: Recession fears cloud equities outlook
Stocks fell sharply on Friday following a surprisingly weak July jobs report, fueling concerns about a potential economic recession.The broad market index
Commodities
Oil sinks despite geopolitical turmoil overhang
Oil prices edge lower for a third straight day in a severe correction.
Forex
AUD/USD recovers from intraday lows near 0.6350 as US Dollar plummets
The AUD/USD pair bounces back strongly after posting a fresh eight-month low near 0.6350 in Monday’s European session.
Stocks
Apple shares plunge after Berkshire cuts stake
Apple Inc. (NASDAQ:AAPL) shares dropped 8.3% to $201.71 at ET 6:12 am (1012 GMT) in pre-market trading on Monday after Warren Buffett's Berkshire Hathaway
Commodities
Silver Price Forecast: XAG/USD faces bloodbath as fears of global slowdown intensify
Silver price (XAG/USD) is down by more than 5%, skids below $28.00 in Monday’s European session.
Stocks
Apple, Nvidia, Intel, Coinbase and Moderna fall premarket
Coinbase (NASDAQ:COIN) stock fell 15%, with the cryptocurrency exchange suffering from the selling in the sector, as bitcoin, the most popular digital curr
Forex
US Dollar edges lower after Japan’s Nikkei prints worst performance since 1987
The US Dollar cracks under pressure as investors flee to safe-haven bonds.
Stocks
Soft Landing Or Recession? Evercore weighs in
The debate between a soft landing and a potential recession has intensified, with recent economic indicators painting a mixed picture.According to Evercore
Forex
Japanese Yen advances toward seven-month highs
The Japanese Yen (JPY) extends its winning streak against the US Dollar (USD) for the fifth successive session on Monday.
Forex
EUR/USD extends upside above 1.0900 as weaker NFP data drags US Dollar lower
The EUR/USD pair extends the rally near 1.0915 during the early Asian session on Monday.
Commodities
WTI falls to near $73.00 despite rising supply risks due to Middle East tensions
West Texas Intermediate (WTI) crude Oil price trades around $73.10 per barrel, extending its losses to six-month lows on Monday.
Forex
USD/JPY falls to near 145.00 amid risk-off mood, weaker US NFP data
The USD/JPY pair attracts some sellers near 145.20 during the Asian trading hours on Monday.
Forex
GBP/USD hovers around 1.2800 with aiming to extend gains due to risk-on mood
GBP/USD grapples to extend gains due to dovish sentiment surrounding the Fed’s policy stance.
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