In a panel discussion today, ECB Governing Council member Klaas Knot emphasized the need for a more restrictive fiscal policy to support the central bank’s efforts in curbing inflation. Knot stated that the ECB has Read more…
BoE Governor Bailey’s speech at the Jackson Hole Symposium reiterated BoE’s cautionary dovish monetary policy stance. Short-term interest rate markets are likely to price in a shallower and slower interest rate cut cycle in the Read more…
AUDUSD holds in tight range near its recent high RSI and MACD point down AUDUSD has been stuck within a range bound pattern in the near term defined by the 0.6794 and 0.6760 levels, although the price Read more…
As shown on the XNG/USD chart, today, the price of natural gas fell below $2.16 for the first time since 8 August. Bearish sentiment is being driven by the fact that: → This is the Read more…
Gold prices have recently dipped to 2507 USD per troy ounce but are poised for a potential rebound due to increased demand for safe-haven assets amid escalating conflict in the Middle East. Additionally, anticipations of Read more…
Nvidia shares edged higher in early Tuesday trading ahead of its highly-anticipated second quarter earnings later this week and a key price target upgrade from a top Wall Street analyst. Nvidia (NVDA) shares have far Read more…
Check back for updates throughout the trading day U.S. equity futures edged higher Tuesday, while Treasury yields and the dollar held steady, as investors looked ahead to Nvidia’s earnings later in the week to extend Read more…
Gold edges lower on Tuesday morning after rally in past two days reaching levels ticks away from new record high ($2531). Traders show hesitation, keeping the price in extended consolidation, but demand for yellow Read more…
Market picture The crypto market failed to grow steadily, with total capitalisation falling 1.6% to $2.21 trillion. This is a slight correction following the unimpressive performance of the equity market. The Sentiment Index fell back Read more…
GBPUSD’s bull run slows down near a familiar resistance area Some stability is likely; sellers need a close below 1.3188 to gain control GBPUSD opened the week with marginal losses after its almost uninterrupted two-week Read more…