News
Important Only
EUR/USD: Hung parliament but with surprise twist – OCBC
Investing.comJul 8, 2024
Bitcoin Cash price under selling pressure as Mt. Gox roils market
FxstreetJul 8, 2024
DXY: Softer NFP to weigh on USD – OCBC
Investing.comJul 8, 2024
Corning shares rise nearly 10% as management says Q2 core sales to exceed guidance
Middle East tensions drive the oil market upside – TDS
FxstreetJul 8, 2024
Copper bullish price action remains unchanged – TDS
Cryptocurrencies
Bitcoin Cash price under selling pressure as Mt. Gox roils market
Fears that selling pressure from bankruptcy redemptions from the estate of Mt. Gox will drive down the price of both Bitcoin and Bitcoin Cash seem founded, according to a note from Kaixo Research.In aInvesting.com
Jul 8, 2024
Stocks
Corning shares rise nearly 10% as management says Q2 core sales to exceed guidance
Materials science company Corning’s (NYSE:GLW) stock gained 9.82% to trade at $42.22 Monday morning after it issued a release saying it expects Q2 core sales to exceed guidance, while core EPS is likeInvesting.com
Jul 8, 2024
Commodities
Middle East tensions drive the oil market upside – TDS
Oil market upside was being driven by supply side risk tied to boiling Middle East tensions, and the rally was extended via Commodity Trading Advisor (CTA) buying flows, TDS Senior Commodity Strategist Ryan McKay notes.Fxstreet
Jul 8, 2024
Forex
GBP/USD Price Analysis: Climbs to 4-week high, buyers target 1.2900
The Pound Sterling begins the week on a higher note and posted gains of more than 0.20%, as the Greenback continued to edge lower, amid increasing expectations that the Federal Reserve could cut borrowing costs in September.
Fxstreet
Jul 8, 2024
Other
Recent data flow increases risk of Fed cutting rates before December: BofA
Bank of America (NYSE:BAC) analysts warn that recent economic data "increases the risk of an earlier" interest rate cut by the Federal Reserve than their December forecast. While acknowledging a moderInvesting.com
Jul 8, 2024
Indices
USD: Inflation and Powell in focus this week – ING
The dollar is modestly stronger out of the weekend as a surprise win of the left-wing alliance in the French second-round legislative elections sent European currencies lower and fuelled some safe-haven demand, with the Japanese Yen (JPY) and Swiss franc (CHF) rising, ING’s analyst Francesco Pesole suggests.Fxstreet
Jul 8, 2024
