News
Important Only
NZD/JPY Price Forecast: Cross extends recovery, three-day winning streak
NZD/USD Price Analysis: Bulls push the price to 0.6000, must hold the line
FxstreetAug 8, 2024
Fed's Barkin: Lack of job growth is the real concern
FxstreetAug 8, 2024
Fed's Goolsbee: no matter what Fed does, somebody will be upset
FxstreetAug 8, 2024
United States 30-Year Bond Auction dipped from previous 4.405% to 4.314%
FxstreetAug 8, 2024
Dow Jones Industrial Average tries to recover ground once more
Economic Indicator
Fed's Barkin: Lack of job growth is the real concern
Federal Reserve (Fed) Bank of Richmond President Thomas Barkin noted on Thursday that the key thing to watch moving forward will be jobs figures, softly suggesting that equity markets may have overreacted to recent soft data.Fxstreet
Aug 8, 2024
Indices
Dow Jones Industrial Average tries to recover ground once more
The Dow Jones Industrial Average (DJIA) recovered over 450 points during the Thursday market session as markets take another run at pushing equities back into a bullish trajectory after a near-term plunge fueled by fresh fears of a US recession.Fxstreet
Aug 8, 2024
Forex
Mexican Peso surges as inflation outpaces estimates, Banxico’s decision looms
The Mexican Peso rose in early trading in the North American session on Thursday after the Instituto Nacional de Estadistica Geografia e Informatica (INEGI) revealed that the Consumer Price Index (CPI) in July rose above estimates ahead of the Bank of Mexico's (Banxico) monetary policy decision.
Fxstreet
Aug 8, 2024
Commodities
Gold: Long liquidations to weigh on prices – TDS
Will Gold bugs manage to withstand this wave of selling activity? Price action over the past months has resulted in capitulation from macro funds and large-scale selling activity from systematic trend followers across nearly every commodity market on our radar, TDS senior commodity strategist Daniel Ghali notes.
Fxstreet
Aug 8, 2024
Stocks
Midday movers: Eli Lilly, Robinhood and Zillow rise; Warner Bros, Fastly, Bumble fall
(Updated - August 8, 2024 11:33 AM EDT)Investing.com -- U.S. stock futures surged Thursday after key weekly jobs data eased recession fears.Here are some of the biggest U.S. stock movers today:WarnerInvesting.com
Aug 8, 2024
Commodities
Markets expect selling exhaustion in Copper markets – TDS
The Red Metal may now be nearing local lows. CTAs may still have some dry-powder to sell, but are unlikely to do so unless prices break below the $8440/t range, TDS senior commodity strategist Daniel Ghali notes.Fxstreet
Aug 8, 2024
