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The AI-driven launch of iPhone 16 in September could kick off a significant growth phase for Apple (NASDAQ:AAPL) over the next year, Wedbush analysts said in a Sunday note.The investment firm now proj

Investing.comAug 12, 2024

Wedbush: This iPhone upgrade cycle could set stage for Apple supercycle

The EUR/GBP pair discovers a temporary support near 0.8550 in Monday’s European session after a two-day correction from a more than three-month high of 0.8625.

FxstreetAug 12, 2024

EUR/GBP Price Forecast: Finds temporary support near 0.8550 ahead of UK data

The Pound Sterling (GBP) is expected to drift lower; given the mild downward pressure, any decline is unlikely to break the support at 1.2710, and the chance of GBP dropping below 1.2665 is low, UOB Group FX analysts Quek Ser Leang and Peter Chia note.

FxstreetAug 12, 2024

GBP/USD: Bears to break the support at 1.2710 – UOB Group

Investing.comAug 12, 2024
Goldman Sachs: Carry trade unwind has more room to run
Investing.comAug 12, 2024
UBS: Metal of choice is copper, followed by aluminum, zinc
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FxstreetAug 12, 2024
EUR/USD: Bears can break below 1.0875 – UOB Group
Investing.comAug 12, 2024
Dollar edges higher ahead of key CPI release
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FxstreetAug 12, 2024
EUR/USD steadies above 1.0900 in calm start of US inflation week
Investing.comAug 12, 2024
What happens after a big spike in the VIX
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Forex

Goldman Sachs: Carry trade unwind has more room to run

Goldman Sachs (NYSE:GS) strategists believe that the recent unwinding of the carry trade involving the Japanese Yen (JPY), has further to go despite the significant moves already observed.The sharp se
Investing.com
Aug 12, 2024
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Commodities

UBS: Metal of choice is copper, followed by aluminum, zinc

Investing.com -- UBS Global Research identifies copper as the top pick among base metals, citing favorable supply-demand dynamics and a bullish long-term price outlook. Despite recent pressures, inclu
Investing.com
Aug 12, 2024
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Forex

EUR/USD: Bears can break below 1.0875 – UOB Group

The Euro (EUR) is likely to consolidate between 1.0895 and 1.0930.
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Fxstreet
Aug 12, 2024
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Forex

Dollar edges higher ahead of key CPI release

Investing.com - The U.S. dollar edged higher Monday, in calm trading with traders looking to the release of key inflation data later in the week for clues of future Federal Reserve monetary policy dec
Investing.com
Aug 12, 2024
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Forex

EUR/USD steadies above 1.0900 in calm start of US inflation week

EUR/USD stays in a tight range above the round-level support of 1.0900 in Monday’s European session.
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Fxstreet
Aug 12, 2024
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Stocks

What happens after a big spike in the VIX

Amidst the stock market sell-off last Monday, the CBOE Volatility Index (VIX) soared to 65.73, marking its highest level since the COVID-19 spike to 85.47 and the second-highest level since the late 2
Investing.com
Aug 12, 2024
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Stocks

BT Group shares up on Bharti Global investment

Investing.com -- Shares of BT Group Plc (LON:BT) jumped after Bharti Global, the international arm of Indian telecom giant Bharti Enterprises, has agreed to purchase a 24.5% stake in the UK telecom gi
Investing.com
Aug 12, 2024
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Stocks

Street Calls of the Week: Upgrades for Robonhood, CrowdStrike

Investing.com -- Here is your Pro Recap of the top takeaways from Wall Street analysts for the past week.InvestingPro subscribers always get first dibs on market-moving AI analyst comments. Upgrade to
Investing.com
Aug 12, 2024
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Forex

NZD/USD holds comfortably above 0.6000 mark; bulls flirts with multi-week peak

The NZD/USD pair attracts fresh buyers following an intraday dip to levels below the 0.6000 psychological mark and sticks to its intraday gains through the early part of the European session on Monday.
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Fxstreet
Aug 12, 2024
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Stocks

Goldman Sachs predicts gradual drop in market volatility, sees buy opportunities

The S&P 500 ended last week flat after partially recovering from a steep sell-off that began a week prior and intensified on Monday. The decline was triggered by weak economic data, with factors such
Investing.com
Aug 12, 2024
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Stocks

Bernstein remains neutral on Nifty, 8-9% return expected this year

Investing.com -- Bernstein Research has adopted a neutral outlook on the Nifty 50 index, India's benchmark stock market indicator. The brokerage is predicting a modest 8-9% return for the index in the
Investing.com
Aug 12, 2024
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Commodities

Silver Price Forecast: XAG/USD appreciates to near $28.00 due to safe-haven flows

Silver price (XAG/USD) rises to near $28.00 per troy ounce during the European session on Monday.
iconSilver
Fxstreet
Aug 12, 2024
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Forex

AUD/USD sits near multi-week top, bulls await sustained strength beyond 0.6600 mark

The AUD/USD pair catches fresh bids during the early part of the European session and climbs back closer to a two-and-half-week top touched on Friday.
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Fxstreet
Aug 12, 2024
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Forex

Mexican Peso extends recovery after risk appetite returns

The Mexican Peso (MXN) makes marginal gains against key counterparts at the start of the new trading week amid the return of the risk appetite in the market.
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Fxstreet
Aug 12, 2024
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Other

US CPI, retail earnings, UK inflation - what's moving markets

Investing.com -- Wall Street looks set to start the week slightly higher, with the focus on the latest inflation data as investors look for confirmation that the Federal Reserve will start cutting int
Investing.com
Aug 12, 2024
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Stocks

BTIG: Bulk of the bounce is done, durable market bottom still ahead

The market rout from a week ago triggered some tactical buy signals, leading to a recovery in stocks over the following days, clawing back of the week’s losses.However, strategists at BTG (LON:BTG) be
Investing.com
Aug 12, 2024
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Stocks

Cement India: Bernstein weighs in on possible acquisition targets

Investing.com -- Bernstein analysts in a note dated Monday weigh in on the ongoing battle for dominance in the Indian cement industry, with a focus on potential acquisition targets. As the fight betwe
Investing.com
Aug 12, 2024
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