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Hedge funds dump European and US markets for Asia amid global trade uncertainty
Hedge funds moved to unwind bullish and bearish wagers in Asia on Monday after dumping bets in the US and Europe on Friday, Goldman Sachs said in a note to its clients on Wednesday, according to a report from Bloomberg.According to the report, the exit was massive, with 75% of the selling...Cryptopolitan
Mar 13, 2025
GBP: Downside risks ahead of Budget event – ING
ING's UK economist has published a note on the potential reset in UK-EU relationships and implications for British finances. The conclusion is that while rejoining the single market (or tightening economic ties) would have a beneficial growth effect, that is unlikely to unlock much fiscal headroom.
Fxstreet
Mar 13, 2025
Silver price today: Silver falls, according to FXStreet data
Silver prices (XAG/USD) fell on Thursday, according to FXStreet data. Silver trades at $33.02 per troy ounce, down 0.42% from the $33.16 it cost on Wednesday.Silver prices have increased by 14.28% since the beginning of the year.
Fxstreet
Mar 13, 2025
WTI remains below $67.50 as escalating trade tensions overshadow potential demand boost
West Texas Intermediate (WTI) crude Oil price remains subdued after two days of gains, trading around $67.40 per barrel during early European hours on Thursday. However, crude Oil could face headwinds as traders shift their focus to escalating global trade tensions.EUR/GBP falls below 0.8400 as Euro struggles amid market jitters
EUR/GBP continues its losing streak for the second straight day, trading near 0.8390 during European hours on Thursday. The currency cross remains under pressure as the Euro (EUR) struggles amid deteriorating market sentiment following US President Donald Trump’s additional tariff threats in respons
Fxstreet
Mar 13, 2025
US Dollar Index Price Forecast: Tests immediate support at 103.50 near four-month lows
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against its six major peers, remains steady after registering gains in the previous session, trading around 103.60 during the Asian hours on Thursday. However, the technical analysis of the daily chart indicates a...
Fxstreet
Mar 13, 2025
Google unveils Gemma 3: Open-source AI models that run on a single GPU
Alphabet Inc's Google (NASDAQ:GOOGL) has released Gemma (EGX:ECAP) 3, a new collection of open-source AI models designed to operate on a single GPU or TPU. The launch represents a significant step forward in democratizing advanced AI technology, making powerful language models accessible to...
Investing.com
Mar 13, 2025
Bitcoin Top Buyers Show Capitulation: Is This A Buying Opportunity?
In its latest weekly report, the on-chain analytics firm Glassnode has discussed about how the Bitcoin short-term holders have reacted to the recent market downturn. The “short-term holders” (STHs) refer to the Bitcoin investors who purchased their coins within the past 155 days.
Adobe delivers soft guidance after Q1 results beat estimates
Investing.com - Adobe reported on Wednesday fiscal first-quarter results that beat analysts' forecasts, but reiterated its full-year guidance that fell short of estimates. Adobe announced adjusted earnings per share of $5.08 on revenue of $5.71 billion.
Investing.com
Mar 13, 2025
EUR/USD weakens below 1.0900 on trade tension
The EUR/USD pair loses ground to around 1.0880 during the Asian trading hours on Thursday. The escalating trade tension between the United States and the European Union (EU) exerts some selling pressure on the Euro (EUR) against the Greenback. Traders will take more cues from the US February Produce
Fxstreet
Mar 13, 2025
Gold price eyes record high amid rising trade tensions, Fed rate cut bets
Gold price (XAU/USD) trades with a positive bias for the third consecutive day and climbs to over a two-week high, around the $2,942-2,943 region during the Asian session on Thursday. Concerns about rising trade tensions and the potential economic slowdown in the wake of US President Donald...
Fxstreet
Mar 13, 2025
S&P 500 ends market session with gains for the first time in 6 days
The S&P 500 finally snapped its six-day losing streak on Wednesday, closing 0.5% higher as investors rushed into beaten-down tech stocks. The Nasdaq Composite jumped by 1.2%, while the Dow Jones Industrial Average fell by 0.2%, extending its own three-day slide, according to data from CNBC. FuturesCryptopolitan
Mar 13, 2025
AUD/USD oscillates below 0.6300 ahead of US Inflation data
The AUD/USD pair trades in a tight range below the key level of 0.6300 in Wednesday’s European session. The Aussie pair consolidates as investors await the United States (US) Consumer Price Index (CPI) data for February, which will be published at 12:30 GMT.
Fxstreet
Mar 12, 2025
EIA reduces oil surplus estimates – ING
Despite the ongoing uncertainty in global markets, oil prices managed to settle higher yesterday, supported by the weaker USD. Even so, ICE Brent continues to trade below US$70/bbl and prices will likely remain sensitive to external developments. The oil market seems to be largely ignoring...Fxstreet
Mar 12, 2025
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