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Cryptocurrencies
Bitcoin price today: slides below $59k as Mt Gox fears offset CPI cheer
Bitcoin price declined on Thursday amid renewed concerns over token distributions by Mt Gox and as capital outflows from major exchanges also furthered a r
Forex
GBP/USD bulls aim for 1.2900 amid risk appetite recovery
GBP/USD found the gas pedal on Thursday after a steeper-than-expected recovery in US Retail Sales pushed Cable back into the high end.
Forex
JPMorgn adjusts its dollar forecasts, particularly through USD/JPY
Investing.com - The foreign exchange markets have seen a great deal of volatility over the last few weeks, and this has resulted in JPMorgan (NYSE:JPM) adj
Economics
2024 looks reminiscent of 1970 and 2001 recession years: Piper Sandler
According to a recent analysis by Piper Sandler, the economic landscape in 2024 bears striking similarities to the recessionary periods of 1970 and 2001, w
Cryptocurrencies
Polkadot moves closer to Agile Coretime with permissionless channel opening
Polkadot is advancing towards its Agile Coretime framework by enabling permissionless channel openings between system chains like Asset Hub, skipping the n
Economics
Powell to lay out case for 'orderly' September rate cut at Jackson Hole next week
"We expect Chair Powell will lay out a case for an orderly withdrawal of monetary policy restrictiveness in a speech at Jackson Hole the morning of Friday,
Stocks
US stock futures rise as strong data clears economic fears
Investing.com-- U.S. stock index futures rose in evening deals on Thursday as Wall Street saw extended gains after strong retail sales and jobless claims d
Commodities
Gold Price Forecast: XAU/USD holds steady above $2,450 on positive Retail Sales data
Gold price (XAU/USD) flat lines near $2,455 during the early Asian session on Friday. The yellow metal seesaws between gains and losses amid the consolidat
Economics
RBNZ's Silk: Behaviour of price inflation is crucial for cash rate path ahead
RBNZ Assistant Governor Karen Silk said in an interview on Friday that the New Zealand central bank is taking a measured approach to rate cuts.
Forex
RBA's Bullock: Inflation remains too high
Reserve Bank of Australia Governor Michele Bullock said on Friday that the central bank remains focused on the potential upside risks to inflation, adding
Forex
EUR/USD blinks on Thursday, falls back below 1.1000
EUR/USD took a dive back below the 1.1000 handle on Thursday despite a broad-market recovery in investor sentiment. US Retail Sales growth lurched to an 18
Forex
Dollar edges higher ahead of retail sales; sterling gains on GDP growth
The U.S. dollar edged higher Thursday, but remained close to seven-month lows after the release of benign inflation data, while sterling rose after solid
Commodities
Silver Price Forecast: XAG/USD eyes breakout above $28 as Fed rate-cut bets in September max out
Silver price (XAG/USD) jumps to near crucial resistance of $28.00 in Thursday’s European session.
Commodities
Oil demand outlook softens even as geopolitics simmers: Citi
Recent monthly reports from official energy agencies reveal a softer outlook for global oil demand, even as geopolitical tensions continue to simmer.
Stocks
Wells Fargo: With Fed expected to cut 175 bps through 2025, buy the dip in stocks
Wells Fargo (NYSE:WFC) strategists expect the Federal Reserve to cut interest rates by 175 basis points (bps) by the end of 2025, creating an economic land
Commodities
Buy gold as the Middle East conflict could escalate soon: Alpine Macro
Investors should consider buying gold as geopolitical tensions in the Middle East are likely to escalate in the coming months, according to a recent note f
Stocks
Walmart, Cisco, Deere, Ulta Beauty rise premarket; Alibaba falls
Investing.com -- U.S. stock futures traded slightly higher Thursday, ahead of the release of retail sales data with investors optimistic of the possibility
Economics
GBP: Lower inflation, stronger labour market, what's happening to growth? – Commerzbank
Thursday’s UK inflation figures were generally a little lower than expected due to a sharper fall in services inflation.
Stocks
El Al orders up to $2.5 bln worth of Boeing 737 MAX jets - Reuters
Investing.com -- El Al (TASE:ELAL) on Thursday said it has signed a deal with Boeing (NYSE:BA) to acquire up to 31 of its 737 MAX aircraft, valued at a
Stocks
Buffett and Other Institutional Investors' Moves: Tech Stocks Are Out, Consumer Stocks Are In
In the second quarter, several institutional investors reduced their positions in the seven major tech stocks and reallocated capital into sectors such as
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