Share: XAU/USD rallies, benefiting from concerns over the US debt ceiling and slowing Chinese manufacturing activity. Falling US Treasury bond yields support gold prices despite strong US Dollar. Eyes on upcoming US CPI data, which has the potential to impact gold prices. Gold price is printing back-to-back bullish days as the XAU/USD meanders nearby Monday’s
The number of Ordinals inscriptions on the Bitcoin (BTC) network has witnessed another meteoric rise, almost doubling from 2.5 million to 4.78 million in just the last eight days. While the Ordinals protocol was initially used to mint images as non-fungible tokens (NFTs), users began to realize that they could use text-based inscriptions to create
Gold prices eased during early Asian hours on Tuesday as cautious market participants awaited U.S. inflation data that could influence the Federal Reserve’s policy path. FUNDAMENTALS * Spot gold fell 0.1% at $2,020.22 per ounce, as of 0023 GMT. U.S. gold futures were down 0.3% at $2,027.10. * The dollar index was up 0.1%, making
Euro continues its descent during Asian trading session, partly due to the optimism expressed by ECB Chief Economist about slowing in inflation ahead. The common currency currently ranks as the worst performer for the month, although it still holds above last month’s low against all currencies, barring the Pound. Meanwhile, Sterling also shows signs of
The major US stock indices are ending the session with mixed results in what has been a quiet Monday. The Dow industrial average fell modestly. The S&P was near unchanged, and the NASDAQ index rose modestly. The final numbers are showing: Dow industrial average fell -55.71 points or -0.17% at 33618.68 S&P index rose 1.87
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
The Federal Reserve in Washington, D.C. Wysiati | E+ | Getty Images Banking system pressures, real estate stress and persistent inflation top worries about financial stability, though the system overall remains stable, the Federal Reserve said in a report Monday. The central bank issued its periodic report on the nation’s financial and economic health, a
In this article PLTR Follow your favorite stocksCREATE FREE ACCOUNT Alex Karp, CEO of Palantir Technologies, speaks at Davos Congress Centre, the venue of the World Economic Forum (WEF) 2023, in the Alpine resort of Davos, Switzerland, January 18, 2023. Arnd Wiegmann | Reuters Shares of Palantir rose as much as 28% in extended trading
Share: Considering advanced prints from CME Group for gold futures markets, open interest resumed the upside and went up by around 6.2K contracts on Monday, this time by around 6.2K contracts. Volume, instead, shrank for the second session in a row, now by around 90.7K contracts. Gold: The hunt for $2070 Gold prices started the
Once I realised that the only real thing that matters in the charts is the mathematics behind your reasons for entry – things really started to take off. This is part 1 of a small series that will help you simplify your trading strategy while gaining the best results in a low-stress environment. Cut the
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Identify Pullback V/S Reversal | Pullback Trading Strategies IN this video we will learn how we can find the difference between pullback and reversal . and also we will see some pullback trading strategies for stock market and forex market. Pullback related video : _____________________________________ ►advance price action ►candlestick advance ►pullback trading strategy ____________________________________ ►Instagram
Gold price climbed Rs 150 to Rs 60,600 per 10 gram in the national capital on Monday amid gains in international precious metal prices, according to HDFC Securities. In the previous trade, the yellow metal had ended at Rs 60,450 per 10 gram. Silver, however, declined Rs 120 to Rs 77,580 per kg. “Spot gold
Eurn turns weaker today after investor confidence data suggests that economic recovery might be faltering. But for now, Yen and Dollar are even weaker. Sterling and Swiss Franc are not much better than Euro too. Commodity currencies are the stars of the day, with New Zealand Dollar leading the way. Canadian Dollar is also catching
EURUSD dips back below 100/200 hour MA. In the earlier video, I spoke to the 100/200 hour MAs as being key barometers for the short term bias in the EURUSD (see video here). As long as the price remained above the moving averages, the bias was bullish. A move below and the bias would shift
People walk in front of a store along the Magnificent Mile shopping district on March 15, 2023 in Chicago, Illinois. Scott Olson | Getty Images Household spending is expected to decrease significantly over the next year, according to a New York Federal Reserve survey released Monday that reflects downbeat consumer sentiment as well as a
In this article BRK.A Follow your favorite stocksCREATE FREE ACCOUNT Warren Buffett at Berkshire Hathaway’s annual meeting in Los Angeles, California. May 1, 2021. Gerard Miller | CNBC Earnings for Warren Buffett’s Berkshire Hathaway jumped in the first quarter, thanks in part to a rebound in the conglomerate’s insurance business. Operating earnings, which encompass profits
Share: Zscaler stock jumps 21% on guidance raise. ZS stock is now down just 1% on the year. CEO Jay Chaudhry raised revenue guidance by 5%. Fiscal year guidance raised by $30 million. Zscaler (ZS), known for its zero-trust cloud architecture and competitive cybersecurity offerings, saw its shares shoot up on Monday after the company