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Analysis
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Forex
USD: Data more relevant than minutes – ING
Federal Reserve (Fed) Chair Jay Powell sounded cautiously optimistic on disinflation which, paired with recent PCE data, allows markets to keep betting on
Commodities
Silver Price Forecast: XAG/USD jumps higher above $30 as Fed Powell prompts optimism on rate cuts
Silver price (XAG/USD) rallies to near $30.50 in Wednesday’s American session. The white metal weakens as the US Dollar (USD) fell on the backfoot after Fe
Stocks
Dell is a new Top Pick at Bank of America
Analysts at Bank of America (NYSE:BAC) revealed they are adding Dell to their US 1 List. The list is a a collection of the bank's best investment ideas.
Stocks
Morgan Stanley: Is Tesla finally getting its mojo back?
Tesla (NASDAQ:TSLA) reported a smaller-than-expected 5% drop in vehicle deliveries for the second quarter on Tuesday, as price cuts and incentives helped o
Stocks
5 analysts discuss Tesla stock after Q2 deliveries beat
Tesla (NASDAQ:TSLA) on Tuesday reported its vehicle deliveries for the second quarter, showing a smaller-than-expected decline as aggressive price cuts and
Commodities
Citi: Gold investment demand to rise
Citi analysts have introduced a framework for understanding and forecasting gold prices, which they state aims to rejuvenate investment in this asset by pr
Economics
US: Initial Jobless Claims rose more than expected last week
US citizens that applied for unemployment insurance benefits increased by 238K in the week ending June 29 according to the US Department of Labor (DoL) on
Commodities
Gold prices gain some ground as dollar falls on rate cut hopes
Gold prices rose in Asian trade on Wednesday, seeing some relief as the dollar retreated on some positive comments from Federal Reserve Chair Jerome Powell
Forex
EUR/JPY extends upside above 173.50, eyes on Eurozone PMI data
The interest rate differential between the Eurozone and Japan continues to support the Euro for the time being.
Cryptocurrencies
Bitcoin price today: down to $60k amid Mt Gox dumping fears
Sentiment towards broader crypto markets also remained dour amid uncertainty over U.S. interest rates, with a recent drop in the dollar doing little to det
Forex
EUR/GBP trades with mild losses below 0.8500 ahead of ECB’s Lagarde speech
Investors await the Eurozone PMI data for June and the ECB’s Lagarde speech on Wednesday.
Commodities
USD/CAD falls toward 1.3750 due to higher Oil prices
WTI Oil price edges higher due to supply threat amid escalated geopolitical tensions in the Middle East.
Stocks
European stocks higher; Powell's comments, politics in spotlight
European stock markets rose Wednesday, as investors digested comments from U.S. Federal Reserve Chair Jerome Powell amid a volatile political situation.
Forex
EUR/USD caught in chart churn ahead of Wednesday’s HCOB PMIs, US ADP jobs figure
EUR/USD spent Tuesday in a churning pattern, cycling just below 1.075 as the pair grapples with finding momentum.
Commodities
Global gas prices to rise amid tightening supply
According to a research note released on Monday, UBS analysts suggest that global gas prices are set to rise, driven by tightening supply and demand funda
Forex
GBP/USD extends upside above 1.2650, eyes on US data/FOMC Minutes
The GBP/USD pair trades in positive territory for the fifth consecutive day around 1.2688 on Wednesday during the early Asian session.
Commodities
Crude Oil churns on Tuesday, but losses limited after steep API drawdown
API reported a steeper-than-expected drawdown in US Crude Oil supplies.
Forex
USD/JPY extends gains near 161.50 ahead of US data, FOMC Minutes
The monetary policy divergence between Japan and the US exerts some selling pressure on the Japanese Yen.
Commodities
Silver Price Analysis: XAG/USD creeps higher as ‘double bottom’ emerges
Silver advanced 0.20%, after Powell's hawkish comments.
Forex
USD/JPY: The next level to watch is 163.00 above 162.00 – UOB Group
The US Dollar (USD) strength remains intact. It could test the resistance at 162.00 before the risk of a pullback increases. If it breaks above 162.00, the
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