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Stocks
Morgan Stanley promotes TSMC stock to Top Pick after Monday crash
The investment bank highlighted TSMC's quality and defensive nature, which it says is particularly valuable during an extended semiconductor downturn.
Stocks
Airbnb stock slumps as consumer headwinds weigh on travel demand
Airbnb reported mixed second-quarter results on Tuesday, but shares tumbled 13% in after-hours trading as the company's third-quarter revenue forecast fell
Forex
GBP/USD withers into a fresh five-week low
GBP/USD backslid nearly a full percent on Tuesday as the Pound Sterling continues to deflate against the broader FX market.
Commodities
Oil futures little changes on mixed API report as weekly gasoline stocks climb
Investing.com -- U.S. crude oil futures were slightly lower in post-settlement trading Tuesday after the American Petroleum Institute reported a mixed repo
Stocks
US stock futures fall as rebound rally cools, tech retreats
Investing.com-- U.S. stock index futures fell in evening deals on Tuesday as a rebound rally ran out of steam, while technology stocks faced renewed weakne
Stocks
Super Micro current quarter guidance tops estimates, but Q1 earnings fall short
Super Micro reported Tuesday upbeat revenue guidance for the current quarter even as Q1 earnings missed estimates and the data center company announced a s
Stocks
UBS analysis: Emerging markets show mixed outlook amid global volatility
Analysts at UBS issued a research note on Monday, offering a cautious view on emerging market (EM) equities, rated as neutral in their global strategy.
Forex
EUR/USD pulls back, unable to hold 1.10
EUR/USD trimmed recent gains and slipped back from the 1.1000 handle on Tuesday as markets continue to digest a recent rebalancing in FX market flows.
Forex
NZD/USD gathers strength above 0.5950 after better-than-expected New Zealand employment data
The NZD/USD pair extends the rally near 0.5980 during the early Asian session on Wednesday. The further upside of the New Zealand Dollar (NZD) is bolstered
Commodities
Gold price steadies on firm Fed rate-cut bets, Middle East conflicts
Gold price (XAU/USD) holds key ground at $2,400 as the US Dollar (USD) and bond yields give up some of their gains in Tuesday’s European session.
Commodities
Silver Price Forecast: XAG/USD declines below $27 as demand concerns escalate
Silver price (XAG/USD) skids below the crucial support of $27.00 in Tuesday’s European session.
Forex
USD/JPY struggles to extend recovery above 146.40 due to Yen’s safe-haven appeal
The USD/JPY pair faces pressure in an attempt to extend recovery above the intraday resistance of 146.40 in Tuesday’s European session.
Cryptocurrencies
Despite selloff, Bitcoin remains a ‘Trump trade’: Bernstein
Bitcoin experienced a 13% drop over the weekend as global equity markets reacted to U.S. recession fears and dislocation in the Yen markets.
Forex
EUR/USD retreats from Monday’s peak with Greenback on road to recovery
EUR/USD eases below 1.0950 on Tuesday after it added another tranche of gains at the beginning of the week to its stellar move following the poor US Nonfar
Forex
US Dollar starts road to recovery with RBA supporting Fed’s stance
The US Dollar is recovering from Monday’s meltdown and advances against the Japanese Yen.
Forex
USD/CHF sticks to intraday gains amid recovery in risk sentiment, modest USD strength
A combination of factors assists USD/CHF to snap a five-day losing streak to a multi-month trough.
Forex
EUR/GBP extends upside above 0.8550 ahead of Eurozone Retail Sales data
The EUR/GBP cross extends the rally near 0.8575 during the early European session on Tuesday.
Forex
USD/MXN hovers around 19.50 after the recovering losses
USD/MXN trades around 19.30 during the early European session on Tuesday, following a retreat from its highest level of 20.23 since September 2022, reached
Forex
USD/CAD climbs back closer to mid-1.3800s amid weaker Oil prices, notable USD demand
USD/CAD stages a goodish rebound from a one-week low touched earlier this Tuesday.
Cryptocurrencies
Bitcoin price today: rises to $55k amid broader market rebound
Bitcoin price rose on Tuesday, rising in tandem with broader risk-driven assets as they recovered from bruising losses in the prior session, which also sa
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