People shop at a store in Brooklyn on August 14, 2024 in New York City. Spencer Platt | Getty Images The Federal Reserve gets its last look this week at inflation readings before it will determine the size of a widely-expected interest rate cut soon. On Wednesday, the Labor Department’s Bureau of Labor Statistics will
Month: September 2024
In this article GS Follow your favorite stocksCREATE FREE ACCOUNT David Solomon, CEO of Goldman Sachs, during an interview for an episode of “The David Rubenstein Show: Peer-to-Peer Conversations” in New York on Aug. 6, 2024. Jeenah Moon | Bloomberg | Getty Images Goldman Sachs will post a roughly $400 million pretax hit to third-quarter
The Dollar Index (DXY) consolidates near the top end of its three-week range (100.5 and 101.9), DBS FX strategist Philip Wee notes. DXY is near the top of a three-week range “DXY may consolidate following a two-day rebound near the top end of its three-week range (100.5 and 101.9).” “The US Treasury 2Y yield rose by 2.3
The forex markets have remained largely subdued in today’s Asian session, with most major currency pairs moving within a narrow range from yesterday. Investor sentiment stabilized overnight, with major US stock indexes closing higher. However, caution is still the prevailing mood as traders await tomorrow’s US CPI data, which will be pivotal in shaping Fed’s
Trading is risky, and most people lose money. My Free Telegram Channel is now private, and has over 60,000 members, and can only be exclusively joined at this link: https://https://t.me/+TDVdM80j9lGfaWiP Follow my trades, get coaching, hangout with the MFX group: https://www.missionfxtrading.com FTC/CFTC Risk Disclaimer – Please read this so you’re 100% aware of the extreme
Fundamental Overview The markets have been waiting for the US NFP to provide a clear signal for either a 25 or 50 bps cut at the upcoming FOMC meeting, but instead we got a mixed report with some better details under the hood. The probabilities for a 50 bps cut decreased as a result and
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
Gold October futures contracts at MCX opened flat on Tuesday at Rs 71,615 per 10 gram, which is down by 0.02% or Rs 13 while the silver December futures contracts were trading at Rs 83,595/kg, down by 0.06% or Rs 50. In the last one week, gold prices have traded flat while silver prices have
Turkish Foreign Minister Hakan Fidan attends the BRICS+ session on a two-day BRICS foreign ministers summit held in Nizhny Novgorod, Russia on June 11, 2024. Sefa Karacan | Anadolu | Getty Images Turkey’s request to join the BRICS alliance is a move seen as both strategic and symbolic as the Eurasian country of 85 million
In this article ORCL Follow your favorite stocksCREATE FREE ACCOUNT Larry Ellison, chairman and co-founder of Oracle Corp., speaks during the Oracle OpenWorld 2017 conference in San Francisco on Oct. 1, 2017. David Paul Morris | Bloomberg | Getty Images Oracle shares rose 9% in extended trading on Monday after the database software vendor reported
Gold gains ground despite broad US Dollar strength, traders focus on the upcoming US Consumer Price Index (CPI) release. CME FedWatch Tool shows 73% odds of a 25 bps Fed rate cut, shifting from previous speculation of a 50 bps move. US Treasury yields remain stable, while traders await further clues on inflation trends and
Dollar strengthened modestly in today’s quiet trading as market participants continued to scale back expectations for a more aggressive 50bps rate cut by Fed this month. However, the greenback’s momentum remains modest as it awaits a crucial test from the upcoming US CPI data this week. Stabilizing risk sentiment is also keeping a lid on
The NZDUSD continued its run to the downside in trading today after sharp declines on Friday helped by the risk-off sentiment on stock selling, and lower commodities. The down momentum continued today and carried the price down toward the 38.2% retracement of the move up from the August low to the August high. That level
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
Gold prices slumped Rs 700 to Rs 73,500 per 10 grams in the national capital on Monday amid a decline in precious metal rates in the global markets. The yellow metal had closed at Rs 74,200 per 10 grams in the previous close on Friday. Tracking gold, silver prices also plummeted Rs 2,000 to Rs
Italian Prime Minister Mario Draghi during the press conference at the Multifunctional Hall of the Prime Minister on July 12, 2022 in Rome, Italy. Massimo Di Vita | Mondadori Portfolio | Getty Images The European Union needs up to 800 billion euros ($884 billion) in additional investment per year to meet its key competitiveness and
EUR/USD dives below 1.1050 as the US Dollar strengthens on expectations that the Fed will opt for a small-size interest rate cut this month. Investors await the US CPI on Wednesday for fresh guidance on interest rates. The ECB is expected to cut interest rates this week. EUR/USD performs weakly against its major peers on
- « Previous Page
- 1
- …
- 5
- 6
- 7
- 8
- 9
- …
- 14
- Next Page »