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Month: July 2024

Cryptocurrencies

China’s NBS PMI manufacturing falls to 49.4 in amid weak demand and extreme weather

China’s official NBS PMI Manufacturing index fell slightly from 49.5 to 49.4 in July, just above the expected 49.3. This index has remained below the 50-mark, which separates growth from contraction, for all but three Read more…

By , 10 months ago July 31, 2024
Cryptocurrencies

Australia’s trimmed mean CPI drops to 3.9%, continuing six-quarter downtrend

In Q2, Australia’s CPI rose by 1.0% qoq, matching both expectations and the pace set in Q1. Annual rate increased from 3.6% to 3.8% , also in line with forecasts. More notably, the core inflation Read more…

By , 10 months ago July 31, 2024
Cryptocurrencies

NZ ANZ business confidence jumps to 27.1, inflation expectations fall further

In July, New Zealand’s ANZ Business Confidence saw a notable increase, jumping from 6.1 to 27.1. Own Activity Outlook also improved, rising from 12.2 to 16.3. Meanwhile, cost expectations fell slightly from 69.2 to 68.2, Read more…

By , 10 months ago July 31, 2024
Cryptocurrencies

Gold Eyes New Gains: Will It Sparkle Again?

Key Highlights Gold is attempting a fresh increase from the $2,350 support zone. It cleared a connecting bearish trend line with resistance at $2,388 on the 4-hour chart. Oil prices extended losses and traded below Read more…

By , 10 months ago July 31, 2024
Cryptocurrencies

NZDUSD Wave Analysis

NZDUSD reversed from support level 0.5860 Likely to rise to resistance level 0.5920 NZDUSD currency pair recently reversed up from the pivotal support level 0.5860 (which reversed the price twice in April), standing close to Read more…

By , 10 months ago July 31, 2024
Cryptocurrencies

$10 billion fund manager cites three favorite stocks

As an investor, you’re free to invest in almost anything, anywhere, at any time. So, perhaps you should consider mutual funds that utilize this strategy. One is FPA Crescent  (FPACX) , with $10.4 billion in Read more…

By , 10 months ago July 31, 2024
Cryptocurrencies

Eco Data 7/31/24

The post Eco Data 7/31/24 appeared first on Action Forex.

By , 10 months ago July 31, 2024
Cryptocurrencies

Analysts adjust Palantir stock price target ahead of earnings

Palantir Technologies  (PLTR)  is on fire. But don’t just take our word for it; ask Alex Karp. He’ll tell you. Related: Analyst resets Palantir stock price target ahead of Q2 earnings “I think it is Read more…

By , 10 months ago July 30, 2024
Cryptocurrencies

Goldman Sachs’s Solomon shifts rate view before Fed meeting ends

Views about the Federal Reserve’s interest-rate policy have shifted markedly this year. Toward the start of 2024, investors expected six or seven rate cuts, as they looked for the economy and inflation to slow. But Read more…

By , 10 months ago July 30, 2024
Cryptocurrencies

Stellantis is teasing the axe on a celebrated luxury brand

Amid reporting disappointing results during Stellantis’  (STLA)  first-half 2024 earnings call on July 25, CEO Carlos Tavares said there was “significant work to do” to propel the company forward. Along with a range of brands Read more…

By , 10 months ago July 30, 2024

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