News
Important Only
Investing.comMon, Aug 12
BofA upgrades Mid-America Apartment Communities to 'Buy', raises target to $189
NZD/USD Price Analysis: Bullish momentum gains traction, 0.6040 eyed
USD/JPY Price Forecast: Rises, yet struggles at 148.00
Australian Dollar steady ahead of mid-tier data
Gold prices surge as US yields fall amid growing geopolitical tensions
FxstreetMon, Aug 12
United States Monthly Budget Statement above forecasts ($-254.3B) in July: Actual ($-244B)
Stocks
BofA upgrades Mid-America Apartment Communities to 'Buy', raises target to $189
Investing.com - Analysts at Bank of America (NYSE:BAC) (BofA) have issued a compelling endorsement for Mid-America Apartment (NYSE:MAA) Communities, Inc. (NYSE: MAA), upgrading the stock from "UnderpeInvesting.com
Mon, Aug 12
Indices
Dow Jones Industrial Average waffles on quiet Monday
The Dow Jones Industrial Average (DJIA) pulled into the middle again on Monday, echoing last Friday’s stubborn midrange pin after investors half-hearted attempts to stage a technical rally in the equity index fizzled near key technical levels.Fxstreet
Mon, Aug 12
Commodities
Gold: CTA positioning remains near its effective 'max long' position size – TDS
Gold now screens as a well-populated trade. The Street is unanimously bullish, but macro fund positioning may now be tapped out without an imminent recession, CTA positioning remains near its effective 'max long' position size, the top Shanghai traders have been selling their positions from near-record highs, and Asian physical markets remain on a buyer's strike, TDS senior commodity strategist Daniel Ghali notes.Fxstreet
Mon, Aug 12
Forex
USD/CAD: BoC easing should not stop – ING
The loonie is the ‘safe-haven’ among high-beta currencies, meaning it suffers less during risk-off periods but tends to underperform in broad-based USD declines, especially if driven by worsening US macro news, ING’s FX analysts Francesco Pesole and Chris Turner note.Fxstreet
Mon, Aug 12
