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Forex
USD/CAD stands tall near three-month peak, above 1.3800 as traders look to US Q2 GDP
A combination of factors pushes USD/CAD higher for the seventh straight day on Thursday.
Commodities
WTI drops to near $76.50 due to negative sentiment surrounding the global economy
WTI price extends its losing streak as global stock markets affect risk assets.
Commodities
Silver Price Analysis: XAG/USD slides further below $28.00, lowest since May 9
Silver drifts lower for the second straight day and plummets to a two-and-half-month low.
Stocks
IBM Q2 results tops estimates amid signs of AI momentum; lifts cashflow guidance
Investing.com -- IBM reported Wednesday second-quarter earnings that beat analysts’ forecasts as growing demand for generative AI boosted new business wins
Politics
Trump leads Harris by 49% to 46%- CNN/SSRS poll
Investing.com-- Republican presidential nominee Donald Trump was seen leading Democratic frontrunner Kamala Harris in the 2024 presidential race, a CNN/SSR
Forex
EUR/USD remains on the defensive below 1.0850 ahead of ECB’s Lagarde speech, US GDP data
The EUR/USD pair trades in negative territory for the third consecutive day around 1.0835 during the Asian session on Thursday.
Forex
Australian Dollar extends losing streak due to falling prices of energy, metals
The Australian Dollar (AUD) continues its losing streak for the ninth consecutive day on Thursday, primarily due to declining prices of oil, iron ore, and
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.
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