Dollar rebounds on short-covering
The greenback rebounded on Mon after extending its recent decline to a 2-week low at 92.59 following Fed Powell’s dovish…
It’s Time For A Correction Hedge
It’s Time For A Correction Hedge Every once in a while after a long market upturn, I take a look…
EXCLUSIVE China’s FX regulator surveyed banks, companies on yuan risk – sources
China’s currency regulator has been conducting a rare survey of banks and companies to ask about their risk management processes…
The EUR is the strongest and the CHF is the weakest as NA session begins
The USD is mixed with modest gains and lossesAs the North American session begins, the EUR is the strongest and…
What is China’s sovereign digital currency?
What is China’s sovereign digital currency? The so-called Digital Currency Electronic Payment (DCEP), China’s version of a sovereign digital currency,…
As Warren Buffett turns 91, the legendary investor prepares Berkshire Hathaway for a new economy
Before turning 91 on Monday, Warren Buffett has been taking steps to make sure that Berkshire Hathaway — and his…
AUD/USD remains sidelined around 0.7300 despite downbeat China PMI
AUD/USD sellers attack intraday low surrounding 0.7285 after China data disappointed the pair buyers during early Tuesday. Even so, the…
Euro Forecast: Turnaround in EUR/JPY, EUR/USD Gathers Pace; EUR/GBP Rangebound
Euro Forecast, turnaround in EUR/JPY, EUR/USD Gathers Pace; EUR/GBP Rangebound EURO OUTLOOK: The Euro has been registering an important technical turnaround after…
Stocks slip from record highs as the S&P 500 looks to wrap up its 7th winning month in a row
Stocks retreated slightly on Tuesday as the S&P 500 looks to wrap up its seventh straight month of gains at…
Soaring home prices shattered another record in June, S&P Case-Shiller says
Home prices rose 18.6% annually in June, up from the 16.8% increase in May, according to the S&P CoreLogic Case-Shiller…
Canadian Dollar Price Forecast: USD/CAD Sinks to Support – Loonie Levels
Last week was a tough one for the US Dollar as the currency was offered heavily after Jerome Powell’s speech…
Zoom Video, Robinhood, Designer Brands, and others are among the premarket’s most active stocks.
Zoom Video, Robinhood, Designer Brands, and others are among the premarket’s most active stocks. Zoom Video (ZM) – Zoom reported…
Iron Ore and Copper Forecast: NFPs in Focus After China PMIs Flash Warning Signs
Iron ore is on track to close sharply lower for August, which will mark a second consecutive drop for the…
Gold Price Outlook: XAU/USD May Find Support if US Sentiment Data Disappoints
Anti-fiat gold prices marked time to wrap up the first day of the new trading week. The yellow metal was…
What is the American market afraid of, and when to wait for the next disturbance of calm
The gathering of American financiers in Jackson Hole did not bring anything radically new. We were waiting for a little…
Crude Oil Prices Could Struggle at Trend Highs, With Inventories and OPEC+ on the Horizon.
Crude Oil Prices Could Struggle at Trend Highs, With Inventories and OPEC+ on the Horizon. Crude oil prices have recently…
False movements are more likely in forex than real breakouts.
False movements are more likely in forex than real breakouts. We have every reason to expect that false movements in…
The dollar is at a minimum of two weeks, investors are waiting for US labor statistics
The dollar is trading near two-week lows against a basket of currencies on Tuesday, investors are waiting for the release…
China’s activity in the services sector declined in August
China’s activity in the services sector declined in August Activity in China’s services sector eased in August as COVID-19 restrictions…
NFTs from the Hermitage collection and revenue from Zoom and Shares of Robinhood Markets Inc.
NFTs from the Hermitage collection and revenue from Zoom and Shares of Robinhood Markets Inc. Robinhood Markets Inc (NASDAQ: HOOD)…
Yandex buys out Uber’s shares in Yandex.Food, Shop, delivery and drones, will increase its share in Yandex.Taxi
Yandex (MCX:YNDX) will fully buy out Uber’s shares in Yandex.Food, Shop, Delivery, as well as in the business of self-driving…
Robinhood tanks after SEC chair tells Barron’s that banning payment for order flow is a possibility
Shares of Robinhood dropped Monday amid several bouts of bad news for the brokerage app. Robinhood’s stock fell 6.9% to…
PayPal is looking into developing a stock-trading platform for u.s. customers.
PayPal is looking into developing a stock-trading platform for u.s. customers. According to two sources familiar with the plan, PayPal…
Zoom shares slide 10% on slowing growth
Zoom shares fell 12% in extended trading on Monday after the video-calling software maker reported fiscal second-quarter earnings that beat…
Singapore, Sydney, Seoul and Taipei: How property prices in four Asia-Pacific cities stack up
Housing prices across Asia-Pacific are surging — in some cases, by as much as 37%. Homebuyers are taking advantage of…
Treasury yields fall slightly as investors await key jobs reports.
Treasury yields fall slightly as investors await key jobs reports. The labor market is in the spotlight ahead of the…
India is set to post record fiscal first-quarter GDP — but the figure will not paint a full picture
India’s economy is expected to have grown at a record pace in the three months that ended in June —…
Oil up but off session highs after Ida weakens to tropical storm
Oil edged higher on Monday, but remained below session highs as Hurricane Ida weakened to tropical storm status after forcing…
As the dollar strengthens, gold prices fall, and caution sets in.
As the dollar strengthens, gold prices fall, and caution sets in. Gold prices fell on Monday, after reaching a four-week…
European markets inch higher after euro zone data disappoints
European stocks posted mild gains on Monday, dismissive of broadly positive trade elsewhere in global markets. The pan-European Stoxx 600…
Data shows that China’s factory activity growth slowed in August, sending Chinese stocks mixed.
Data shows that China’s factory activity growth slowed in August, sending Chinese stocks mixed. Factory activity in China grew at…
Stock futures inch higher as S&P 500 looks to wrap up 7th winning month in a row
Stock futures rose slightly in overnight trading on Monday as the S&P 500 looks to wrap up its seventh straight…
Tesla Model 3 crashed into a police car in Florida
Last Saturday in Orlando, Florida, a Tesla (NASDAQ:TSLA) Model 3 electric car crashed into a parked police car and a…
The price of gas in Europe reached a record $598 per 1 thousand cubic meters.
The price for the October futures for the TTF spot index on the ICE Futures exchange has increased to 49…
GBP/USD Jumps During Speech Jerome Powell, according to Sterling Tech.
GBP/USD Jumps During Speech Jerome Powell, according to Sterling Tech. SHORT-TERM VOLATILITY IS PRODUED BY POWELL SPEECH. On Friday, Fed…
EUR/JPY, GBP/JPY, CHF/JPY: Will Japanese Yen Weakening Resume Against European Currencies?
EUR/JPY TECHNICAL ANALYSISSince the low seen in May 2020, EUR/JPY consistently found support on its way to a high of…
Pending home sales fall for second straight month
The housing market may be cooling down. Pending home sales, a leading indicator of the health of the housing market,…
Even if you had all of the gold in Fort Knox, you wouldn’t be able to buy more than 1% of the total Bitcoin supply.
Even if you had all of the gold in Fort Knox, you wouldn’t be able to buy more than 1%…
Why a Rise in Retail Trading May Signal Another Mania
A BOOMING INDUSTRY OUTSIDE OF TRADITIONAL FINANCE The coronavirus pandemic brought the global economy to its knees. The sudden stop…
S&P 500 rises to a new record at the open to start the week
The S&P 500 set another record high on Monday as the market continued to rise in the final days of…
