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Wells Fargo (NYSE:WFC) equity strategists believe that the U.S. economy will likely avoid a recession and steadily strengthen through next year. This, combined with easier financial conditions, shou

Investing.comAug 13, 2024

US avoiding a recession will support the stock market: Wells Fargo

Bank of America (NYSE:BAC)'s August Global Fund Manager Survey reveals a shift in investor sentiment, with growing concerns about the Federal Reserve's role in preventing a potential recession.Accordi

Investing.comAug 13, 2024

'Investors now think Fed needs to cut harder to guarantee no recession': BofA

Headline inflation accelerated in Jul but lower core and services inflation indicate weak demand, UOB Group economist Ho Woei Chen notes.

FxstreetAug 13, 2024

China: Inflation picks up but demand stays weak in Jul – UOB Group

FxstreetAug 13, 2024
USD/CNH: A sustained break below 7.1700 is imminent – UOB Group
FxstreetAug 13, 2024
United States NFIB Business Optimism Index registered at 93.7 above expectations (91.7) in July
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FxstreetAug 13, 2024
Mexican Peso stabilizes after weak data and Banxico comments trigger sell-off
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FxstreetAug 13, 2024
USD/JPY: Bulls may try to reach 148.30 – UOB Group
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FxstreetAug 13, 2024
NZD/USD: Bulls push towards 0.6055 – UOB Group
Investing.comAug 13, 2024
BofA's clients are buying the dip in stocks
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Technical Analysis

USD/CNH: A sustained break below 7.1700 is imminent – UOB Group

The US Dollar (USD) is likely to trade in a sideways range of 7.1700/7.1880.
Fxstreet
Aug 13, 2024
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Economic Indicator

United States NFIB Business Optimism Index registered at 93.7 above expectations (91.7) in July

United States NFIB Business Optimism Index registered at 93.7 above expectations (91.7) in July
Fxstreet
Aug 13, 2024
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Forex

Mexican Peso stabilizes after weak data and Banxico comments trigger sell-off

The Mexican Peso (MXN) fell over 1.20% in its most traded pairs on Monday after a combination of weak Mexican Consumer Confidence data for July, dovish comments from Mexico’s central bank governor and rising geopolitical concerns weighed.
iconUSD/MXN
Fxstreet
Aug 13, 2024
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Forex

USD/JPY: Bulls may try to reach 148.30 – UOB Group

The US Dollar (USD) is expected to trade in a range, probably between 146.50 and 148.00.
iconUSD/JPY
Fxstreet
Aug 13, 2024
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Forex

NZD/USD: Bulls push towards 0.6055 – UOB Group

The New Zealand Dollar (NZD) is advancing towards the 0.6055 resistance, UOB Group FX strategists Quek Ser Leang and Peter Chia note.
iconNZD/USD
Fxstreet
Aug 13, 2024
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Stocks

BofA's clients are buying the dip in stocks

Bank of America (NYSE:BAC) said its clients have been buying the recent dip in stocks.Specifically, clients last week turned net buyers for the first time in five weeks, with inflows totaling $5.8 bil
Investing.com
Aug 13, 2024
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Stocks

Swissquote shares up on strong H1 results

Investing.com -- Swissquote (SIX:SQN) stock rose on Tuesday following its H1 2024 results.Swissquote rose 2.6% to CHF 289.20 at 5:34 AM (0934 GMT).The online financial and trading services reported an
Investing.com
Aug 13, 2024
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Economic Indicator

South Africa Unemployment Rate (%): 33.5% (2Q) vs 32.9%

South Africa Unemployment Rate (%): 33.5% (2Q) vs 32.9%
Fxstreet
Aug 13, 2024
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Economic Indicator

South Africa Unemployment Total climbed from previous 8.226M to 8.384M in 2Q

South Africa Unemployment Total climbed from previous 8.226M to 8.384M in 2Q
Fxstreet
Aug 13, 2024
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Forex

USD/CHF approaches 0.8700 with US Inflation on horizon

The USD/CHF pair gains to near 0.8675 in Tuesday’s European session.
iconUSD/CHF
Fxstreet
Aug 13, 2024
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Stocks

Fortnox CEO steps down, shares plunge

Investing.com -- Shares of Fortnox AB (ST:FNOX) dropped on Tuesday after the company announced that its CEO, Tommy Eklund, is stepping down from his position, effective immediately. Fortnox droppe
Investing.com
Aug 13, 2024
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Forex

Dollar edges higher ahead of PPI; sterling rises on wage data

Investing.com - The U.S. dollar edged higher in tight trading ranges Tuesday, as traders awaited the release of the July producer price index, the first of the week’s inflation double bill, as a guide
Investing.com
Aug 13, 2024
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Economic Indicator

China New Loans below forecasts (450B) in July: Actual (260B)

China New Loans below forecasts (450B) in July: Actual (260B)
Fxstreet
Aug 13, 2024
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Economic Indicator

China M2 Money Supply (YoY) came in at 6.3%, above forecasts (6.1%) in July

China M2 Money Supply (YoY) came in at 6.3%, above forecasts (6.1%) in July
iconUSD/CNH
Fxstreet
Aug 13, 2024
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Forex

AUD/USD: A bullish move towards 0.6660 is inevitable – UOB Group

There has been a slight increase in momentum; The Australian Dollar (AUD) must break clearly above 0.6600 before further advance towards 0.6660 can be expected, UOB Group FX strategists Quek Ser Leang and Peter Chia note.
iconAUD/USD
Fxstreet
Aug 13, 2024
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Economic Indicator

German ZEW Economic Sentiment Index drops sharply to 19.2 in August vs. 38.0 expected

The headline German ZEW Economic Sentiment Index dropped sharply from 41.8 in July to 19.2 in August, missing the market consensus of 38.0.
iconEUR/USD
Fxstreet
Aug 13, 2024
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Forex

Eurozone ZEW Survey – Economic Sentiment below expectations (35.4) in August: Actual (17.9)

Eurozone ZEW Survey – Economic Sentiment below expectations (35.4) in August: Actual (17.9)
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Fxstreet
Aug 13, 2024
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