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Commodities
Silver Price Analysis: XAG/USD edges above $29.00 as double bottom looms
Silver recovered on Monday, registering a gain of more than 1% courtesy of broad US Dollar weakness even though US Treasury bond yields climbed.
Forex
EUR/USD looks higher on Monday but technical ceiling remains
EUR/USD clipped into a fresh multi-week high above 1.0770 on Monday before getting forced back down by a broad-market reversal in investor sentiment.
Forex
USD/JPY advances further above 161.00, eyes on possible FX intervention
The USD/JPY pair extends upside near 161.45 on Tuesday during the early Asian trading hours.
Cryptocurrencies
Bitcoin mining stocks rally in June amid AI frenzy - JPMorgan
Investing.com -- Bitcoin mining stocks outperformed the underlying cryptocurrency in June, driven by excitement around AI data centers, the value of power
Stocks
Dow Jones, Nasdaq, S&P 500 weekly preview: Tech stocks could rise 15% in 2H24
U.S. stocks edged lower on Friday as traders reacted to new economic data signaling slowing inflation and better-than-expected consumer sentiment.
Commodities
Gold consolidates amid investor uncertainty
Gold (XAU/USD) edges lower to chart support on Monday as it continues trading in the range it has been in since it peaked at its all-time high of $2,450 on
Forex
US Dollar softer after Le Pen wins first round with a caveat
The US Dollar (USD) sees the Euro outpacing everyone on Monday after the first round of the French government elections took place. A clear victory for Mar
Commodities
Natural Gas sinks to pivotal level as China’s demand slumps
Natural Gas price (XNG/USD) edges lower and sinks to $2.56 on Monday, extending its losing streak for the fifth day in a row. The move comes on the back of
Forex
GBP: UK election seems to turn out uneventful – ING
It is election week in the UK, and the BBC poll tracker puts Labour at 40%, Conservatives at 20%, Reform UK at 16% and Liberal Democrats at 11%, ING analys
Economics
Joe Biden and Donald Trump, face to face: 4 scenarios for the markets
The meeting was more favorable for Republican Donald Trump, who is seeking a second non-consecutive term in the elections on November 5.
Forex
EUR/USD drifts into familiar midranges after Friday goes nowhere
EUR/USD pivoted into a sideways grind on Friday, wrapping up a flat trading week after Fiber traders found little reason to push the pair meaningfully in e
Forex
NZD/JPY Price Analysis: Bullish bias continues as pair surpasses 98.00
The strong bullish outlook stays intact, but a consolidation looms.
Commodities
Silver Price Analysis: XAG/USD climbs above $29.00 on soft US PCE
Technical analysis shows bearish trends; RSI indicates selling pressure with lower highs, lower lows.
Economics
China's NBS Manufacturing PMI remains steady at 49.5 in June, Services PMI drops to 50.5
China’s official Manufacturing Purchasing Managers' Index (PMI) remained steady at 49.5% in June, compared to 49.5.
Forex
AUD/USD extends gains above 0.6650 on softer US PCE data
The stubborn inflation in Australia pushed back the expectation that the RBA would cut rates, boosting the Aussie.
Economics
Fed's Barkin: Will proceed deliberately on policy
Richmond Federal Reserve President Thomas Barkin said on Friday that he will proceed deliberately on monetary policy while delivering prepared remarks at t
Commodities
WTI sets to close positively for third straight week on firm Fed rate-cut prospects
West Texas Intermediate (WTI), futures on NYMEX, post a fresh eight-week high near $82.00 in Friday’s European session. The Oil price is set to close on a
Forex
USD/JPY: Markets still eyeing intervention – OCBC
USD/JPY continued to power through 161 this morning. This is the highest level since 1986, FX strategist at OCBC Christopher Wong notes.
Commodities
Silver Price Analysis: Silver bounces off support and approaches cluster of MAs
Silver (XAG/USD) has bounced off key support at the June 13 low, and is currently trading up towards the 50 and 100-period Simple Moving Averages (SMA).
Forex
Dollar strengthens ahead of PCE data; euro weighed by political uncertainty
Investing.com - The U.S. dollar edged higher in early European trade Friday, on course for its second straight quarterly gain, the euro slipped and the Jap
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