Check back for updates throughout the trading day U.S. equity futures moved higher in early Monday trading, while the dollar slipped lower against its global peers, as investors braced for a busy week on Wall Read more…
A potential uptick in Japan’s core-core CPI led by PPI may increase the odds of a BoJ’s interest rate hike in September. Republican presidential nominee Donald Trump’s betting odds have slipped after US President Biden Read more…
In an op-ed published today, ECB Governing Council member Peter Kazimir addressed market expectations for two additional rate cuts before the end of the year. He stated that while these market bets are “not entirely Read more…
Market picture The cryptocurrency market is near 6-week highs, with capitalisation near $2.44 trillion, adding 0.5% in the last 24 hours. A wait-and-see attitude and some profit-taking replaced active buying in the last three days Read more…
The Australian dollar is coming off a rough week with losses of 1.45% and the downtrend has continued on Monday. AUD/USD is trading at 0.6664 in the European session, down 0.30% on the day at Read more…
The NZD/USD pair is experiencing a significant downturn, trading around 0.5996. Several factors influence this decline, including global political developments and domestic monetary policy expectations. The recent announcement by US President Joe Biden that he Read more…
Increased geopolitical tensions in the Middle East and US election uncertainty have caused a rise in safe-haven demand, particularly for Gold. The US Dollar has weakened due to concerns about a potential Kamala Harris presidency Read more…
Analysing the long-term BTC/USD chart on 16th May, we created a “roadmap” for Bitcoin’s price, which looked like an expanding fan and consisted of a median line with support levels below it and resistance levels Read more…
WTI oil price is holding within a narrow consolidation in early Monday, following sharp acceleration lower on Friday (down 2.8% for the day) and weekly loss of 4.3% (the biggest weekly drop since the last Read more…
Gold jumped to its highest level ever on July 17 But reversed lower due to reaching overbought conditions Despite latest weakness, oscillators remain positively tilted Gold had been in a steady uptrend since late May, which led Read more…