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Analysis
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Commodities
Gold price slumps to two-week low despite softer USD, risk-off mood
Gold price (XAU/USD) extends the previous day's sharp retracement slide from the weekly peak and remains under heavy selling pressure for the second straig
Stocks
US stock futures limp higher after tech rout batters Wall Street
Investing.com-- U.S. stock index futures rose slightly in evening deals on Wednesday, steadying after disappointing earnings from heavyweight technology st
Forex
USD/CHF falls half a percent amid expectations the Fed will cut interest rates multiple times
USD/CHF is in a tailspin amid growing expectations the Fed will make multiple cuts to interest rates in 2024, weakening the US Dollar.
Forex
USD/JPY Price Analysis: Bearish trend reversal extends
USD/JPY is extending its downmove as it continues selling-off.
Stocks
Tesla stock: Focus on these 'real, meaty catalysts’ says Canaccord
Tesla’s earnings results for the fiscal second quarter came in largely as analysts expected following the earlier delivery update.
Economics
UK business activity rebounds after pre-election slowdown, PMI data reveals
British business activity rebounded this month with the fastest manufacturing growth in two years and strong new orders, following a lull before the July 4
Commodities
Oil prices inch higher from six-week lows
Oil prices inched up on Wednesday but remained near a six-week low, reflecting subdued summer demand in the northern hemisphere.
Stocks
Microsoft looks to increase AI workload capacity through partnership with Lumen Technologies
Microsoft partners with Lumen Technologies to enhance AI workload capacity at its data centers, addressing infrastructure shortages hindering AI deployment
Economics
CAD: 25bp cut by the BoC today – ING
We expect the Bank of Canada to cut the policy rate by 25bp today.
Politics
73% of survey respondents says Trump will win the election: DB
Deutsche Bank (ETR:DBKGn)'s June 2024 global financial market survey, conducted between July 17 and 22, found that a significant majority of respondents
Stocks
JPMorgan sees near 20% upside left in Apple stock through 2025
JPMorgan (NYSE:JPM) analysts set a new December 2025 target for Apple (NASDAQ:AAPL) stock at $265, compared to the previous December 2024 target of $245. R
Stocks
UBS sees 20% downside risk in Tesla stock as a lot of AI optionality is priced in
UBS analysts reiterated their Sell rating on TSLA, citing significant downside risk due to overvaluation and challenges in the automotive business.They bel
Commodities
Gold trades higher on stagflation fears, Harris’ nomination
Gold (XAU/USD) recovers for a second day in a row, trading back up in the $2,410s as “stagflation” fears mount.
Cryptocurrencies
Bitcoin price today: down to $65k, spot Ether ETF sparks little price action
Investing.com-- Bitcoin price fell on Wednesday, extending losses seen this week as weak risk appetite- amid uncertainty over the U.S. political outlook- k
Forex
GBP/JPY dives to near 199.50 as traders adopt caution
GBP/JPY continues to lose ground for the fourth consecutive day, trading around 199.50 during the Asian session on Wednesday.
Stocks
Elon Musk asks if Tesla should invest $5 bln in xAI
Tesla Inc CEO Elon Musk on Tuesday asked his followers on social media platform X whether the electric vehicle maker should invest $5 billion in his artifi
Stocks
Asian stocks drop as tech tracks weak US earnings; China remains on backfoot
Most Asian stocks fell on Wednesday, weighed by renewed losses in the technology sector as key overnight earnings in the U.S. underwhelmed, while sentiment
Commodities
Silver Price Analysis: XAG/USD climbs closer to weekly top, upside potential seems limited
Silver gains some positive traction for the second successive day on Wednesday.
Commodities
WTI drops to near $77.00 due to increased ceasefire optimism between Israel and Hamas
WTI price extends its losing streak due to increased optimism surrounding ceasefire negotiations in the Middle East.
Forex
GBP/USD Price Analysis: Drops to two-week low, bears await break below 38.2% Fibo. level
GBP/USD remains under some selling pressure for the second straight day on Wednesday.
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