News
Important Only
FxstreetJul 10, 2024
Dow Jones Industrial Average climbs over 400 points as markets continue to hope for rate cuts
Australian Dollar edged up on Wednesday ahead of US CPI
Mexican Peso climbs as CPI threatens to delay Banxico cuts
Investing.comJul 10, 2024
Deutsche Bank on commodities: Gold preferred in near term, Copper in mid term
Investing.comJul 10, 2024
Exclusive: Groupon activist ups stake on 'growing conviction', stock adds new bull
Investing.comJul 10, 2024
US Treasury sells $39B 10-year notes at slightly lower-than-expected yield
Forex
Mexican Peso climbs as CPI threatens to delay Banxico cuts
The Mexican Peso extended its rally for the seventh consecutive session on Wednesday after inflation got close to 5%, which might deter the Bank of Mexico (Banxico) from easing policy at the upcoming monetary policy meeting in August.Fxstreet
Jul 10, 2024
Commodities
Deutsche Bank on commodities: Gold preferred in near term, Copper in mid term
Deutsche Bank (ETR:DBKGn)'s latest Global Mining&Commodities Survey reveals a shift in investor preferences, with gold taking center stage in the short term and copper remaining a favorite for tInvesting.com
Jul 10, 2024
Stocks
Exclusive: Groupon activist ups stake on 'growing conviction', stock adds new bull
Investing.com -- Shares of Groupon Inc (NASDAQ:GRPN) are trading higher midday Wednesday, up nearly 7%, as both Wall Street’s analysts, as well as some of its biggest shareholders voice strong supInvesting.com
Jul 10, 2024
Stocks
US Treasury sells $39B 10-year notes at slightly lower-than-expected yield
Investing.com -- The U.S. government sold $39 billion of 10-year Treasuries on Wednesday at a slightly lower-than-expected yield as stronger domestic buying eased the hit from softer demand. TheInvesting.com
Jul 10, 2024
Forex
GBP/USD Price Analysis: Advances steadily above 1.2800 on BoE’s Pill remarks
The Pound Sterling resumed its uptrend on Wednesday and rallied sharply on Bank of England Chief Economist Huw Pill's remarks that the Monetary Policy Committee (MPC) should be cautious in seeing a single piece of data as a trigger for policy reassessment.
Fxstreet
Jul 10, 2024
Economic Indicator
Powell speech: We see current Fed policy as restrictive
Jerome Powell, Chairman of the US Federal Reserve (Fed), delivers the Semi-Annual Monetary Policy Report and responds to questions before the House Financial Services Committee on the second day of his Congressional testimony.Fxstreet
Jul 10, 2024
