News
Important Only
US Stock Futures Advance Monday as Market Focuses on Middle East Situation
TradingKey - Major U.S. equity index futures traded higher on Monday as oil prices continued to climb. As of 8:00 AM ET, S&P 500 futures rose 34 points, or 0.53%; Nasdaq 100 futures gained 0.50%; and Dow Jones futures were up 254 points.TradingKey
7 hours ago
Gold Firms on Dip-buying; Dimming Fed Rate-cut Hopes Cap Rise
March 30 (Reuters) - Gold rose on Monday on dip-buying, but gains were capped by a surge in energy prices that fuelled inflation worries and further dimmed expectations for U.S. Federal Reserve interest rate cuts this year.
Reuters
10 hours ago
Ethereum Could Hit $40,000 And Beat Bitcoin, Standard Chartered Says
Standard Chartered’s Global Head of Digital Assets Research Geoffrey Kendrick said Ethereum could climb to $40,000 by 2030 and outperform Bitcoin along the way, arguing that the next wave of tokenization, stablecoin growth, and institutional blockchain buildout is likely to land first on Ethereum. S...NewsBTC
10 hours ago
Morgan Stanley Downgrades Global Equities; Sees US as 'defensive' Market Amid Mideast Conflict
March 30 (Reuters) - Morgan Stanley downgraded global equities and upgraded cash and U.S. government bonds, as investors shun risk in favor of safe-haven assets due to mounting uncertainty stemming from the Middle East war.Reuters
11 hours ago
Energy and Renewables Support the Stoxx
Energy stocks .SXEP resumed their ascent on Monday, hitting a fresh record high and helping the STOXX 600 .STOXX move into positive territory in early trading, after a softer start on lingering worries over a prolonged conflict in the Middle East.Reuters
11 hours ago
S&P Affirms Japan Debt Rating but Warns of cut if yen Weakens Much Further
TOKYO, March 30 (Reuters) - S&P Global Ratings on Monday affirmed its rating of Japan's sovereign debt but said it may lower it if the yen weakens much further, reflecting the country's deteriorating economic competitiveness.The credit-rating firm said it affirmed its A+/A-1 rating on Ja...Reuters
13 hours ago
Dollar Bides Time as Markets Brace for Drawn-out Middle East War
Dollar headed for sharpest monthly gain since July Risk-off sentiment props up dollar as stagflation risks swirlVerbal jawboning, Ueda comments pull yen away from 160 per dollar levelBy Ankur Banerjee SINGAPORE, March 30 (Reuters) - The U.S. dollar held broadly steady on Monday, poised for its st...Reuters
13 hours ago
Bitcoin Price At $59,000 Is The Line In The Sand, Here’s What You Should Know
Over the last few weeks, the Bitcoin price has ping-ponged between $60,000 and $74,000, suggesting that the direction that the price breaks out of in this range could be determinant of what direction the entire market takes next.
Bitcoinist
13 hours ago
USD/CAD Price Forecast: Approaches three-month high of 1.3930 amid Iran conflicts
The USD/CAD pair posts a fresh two-month high at 1.3900 in the Asian trading session on Monday. The Loonie pair extends its five-day-long advance as the US Dollar (USD) trades firmly amid strong demand for safe-haven assets.
Fxstreet
14 hours ago
Japan Steps up Yen Intervention Threats, Signals Rate-hike Chance
TOKYO, March 30 (Reuters) - Japan stepped up yen intervention threats and signaled that further falls in the currency could justify a near-term interest rate hike, as policymakers grow increasingly concerned about inflationary pressures from the Middle East war.Reuters
14 hours ago
WTO talks end in deadlock after Brazil blocks deal on e-commerce duties
Brazil and US positions remain far apart Talks to continue in GenevaWTO says e-commerce moratorium has expiredBy Olivia Le Poidevin YAOUNDE, March 30 (Reuters) - World Trade Organization talks ended deadlocked early on Monday as Brazil blocked a bid by the U.S. and other countries to extend a mor...Reuters
15 hours ago
Australia, Nz Dollars Extend Losing Streak as Mideast War Hits Global Growth
SYDNEY, March 30 (Reuters) - The Australian and New Zealand dollars hit multi-month lows on Monday as surging energy costs from a protracted Middle East war darkened the outlook for global growth, sending investors to hide in the safety of the U.S. dollar.
AUD/USD Price Forecast: Breakdown Below 0.6900 Underpins Bearish Bias
The AUD/USD pair is down 0.3% around 0.6850 during the Asian trade at the start of the week. The Aussie pair faces selling pressure as risk-off impulse, driven by fears of escalating conflicts in the Middle East, is acting as a key drag on the Australian Dollar (AUD).Fxstreet
17 hours ago
Asian Stocks Open Sharply Lower Collectively, What Is the Reason?
TradingKey - Impacted by ongoing tensions in the Middle East and rising international oil prices, Asian equity markets faced broad pressure at today’s open. A-shares, Japanese, and South Korean stocks all opened significantly lower, as market risk appetite cooled rapidly.TradingKey
17 hours ago
Boj’s Ueda: Fx Moves Are Among Factors That Have Huge Impact on Japan's Economy, Prices
Bank of Japan (BoJ) Governor Kazuo Ueda said during Asian trading hours on Monday, after the release of the central bank’s Summary of Opinions, that changes in the foreign exchange (FX) market are key factors that have a huge impact
Fxstreet
18 hours ago
Gold Price Forecast: XAU/USD Opens Lower Around $4,450 on Fears of Widening Iran Conflicts
Gold price (XAU/USD) opens over 1% lower to near $4,445.00 on Monday, as oil prices have rallied further on fears of further widening of conflicts in the Middle East. WTI Oil price is up almost 3% above $102.50 in the opening trade, increasing fears of higher inflation expectations globally.Fxstreet
18 hours ago
Silver (XAG/USD) Struggles Near the Lower End of One-week-old Range, Holds Above $68.00
Silver (XAG/USD) attracts fresh sellers during the Asian session on Monday and slides to the lower end of a familiar trading range held over the past week or so. The white metal is currently placed above the $68.00 mark, down nearly 2.0% for the day, and seems vulnerable to slide further.
Fxstreet
18 hours ago
