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Economics
Citi lists 'Trump trades': Short oil, US over Europe, and more
Citi analysts outlined several strategic trades dubbed "Trump trades," in a note Friday, focusing on the anticipated market movements influenced by a poten
Economics
Market focused on 'dovish FOMC trades' before shifting to election trades - Citi
The testimony from Powell and the June consumer price index (CPI) data have solidified the likelihood of a dovish rate cut in September, indicating that th
Forex
USD: September cut starting to be consensus – ING
The US CPI hit the US dollar across the board yesterday. The June US CPI report showed a convincing slowdown in inflation yesterday. Inflation data support
Forex
AUD/USD aims to recapture 0.6800 as cooling US inflation amplifies Fed rate-cut bets
The AUD/USD pair rises after a mild correction to near 0.6755 in Friday’s European session. The Aussie asset aims to recapture the round-level resistance o
Forex
EUR: French politics sidelined for now – ING
EUR/USD is now entirely driven by the US Dollar (USD) leg as French political risk has now been sidelined while waiting for news on coalition talks. The Eu
Forex
USD/CAD falls toward 1.3600 due to higher Oil prices
USD/CAD retraces its gains from the previous session, trading around 1.3620 during the European hours on Friday.
Stocks
Tesla stock extends selloff as UBS downgrades to Sell on valuation concerns
Shares in Tesla (NASDAQ:TSLA) fell more than 8% on Thursday after Bloomberg reported that the electric vehicle (EV) giant is postponing the unveiling of it
Commodities
Gold prices steady above $2,400 as soft CPI data fuels rate cut bets
Gold prices fell slightly in Asian trade on Friday, but were sitting on strong gains from the prior session as softer-than-expected U.S. inflation data ram
Cryptocurrencies
Bitcoin price today: down to $56k amid little relief from Mt Gox fears
Bitcoin price fell on Friday, reversing a recent rebound as traders remained largely on edge over selling pressure from distributions by defunct exchange
Stocks
USD/CHF weakens below 0.9000 ahead of US PPI data
The USD/CHF pair trades on a weaker note around 0.8960 during the early European session on Friday.
Forex
NZD/USD consolidates around 0.6100 as traders await US data
NZD/USD hovers around 0.6100 in early European trading hours on Friday as investors react to New Zealand’s weak PMI data.
Forex
AUD/JPY Price Analysis: Cross plunges and falls below 108.00
During Thursday's trading session, the AUD/JPY pair witnessed sharp losses towards 107.30.
Commodities
Gold shies as Fed dovish bets rise on soft US inflation data
Gold prices skyrocketed sharply during Thursday’s North American session after the release of the Consumer Price Index (CPI) in the United States opened th
Commodities
Silver Price Analysis: XAG/USD skyrockets over 2% amid ‘double bottom’ confirmation
Silver price confirmed a ‘double bottom’ chart pattern, sponsored by weaker than expected US inflation data, that puts back into the table discussion about
Forex
USD/CAD trades with bearish bias below 1.3650, investors await US PPI data
The USD/CAD pair trades with mild losses near 1.3630 after bouncing off the two-month lows around 1.3588 during the early Asian session on Friday.
Forex
EUR/USD follows the rest of the market higher after US CPI inflation chills
EUR/USD rallied to a five-week peak after US CPI inflation flattened the Greenback.
Forex
GBP/USD Extends upbeat rally as US CPI inflation cools
GBP/USD extended into a second day of a topside run, breaking through a firm supply zone and setting a fresh peak for 2024 near 1.2950.
Forex
AUD/USD Price Analysis: AUD/USD remains above 0.6750; next barrier at upper boundary
The key support appears at the lower boundary of the ascending channel around 0.6675 level.
Commodities
Gold prices seen surging to $2,470 amid rate cuts, c.bank buying- TD
Investing.com-- Gold prices are expected to advance in the coming weeks, TD Securities said in a note, with steady central bank buying and more clarity on
Stocks
Asian stocks surge as TSMC boosts tech; Nikkei at record high
Investing.com-- Asian stocks rose on Thursday as technology stocks rallied after positive revenue figures from chipmaking giant TSMC sparked more optimism
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