Silver returned to the limelight outperforming its sister metal gold in the past few weeks. Prices surged to a near one-year high on increased demand optimism and a weak US currency. In the overseas market, prices gained more than 25 per cent in the last one-month period while the domestic futures rallied more than 20
Share: WTI is set to post back-to-back weekly losses, despite gaining more than 2% on Friday. US crude oil output shortages were outweighed by gasoline demand; therefore, WTI rose. Western Texas Intermediate (WTI), the US crude oil benchmark, posted gains of more than 2% after US companies related to the energy sector exceeded earnings estimates.
AUDUSD rebounds after break to new low fails. The AUDUSD experienced a decline during the Asian and early European trading sessions, following a successful test of the 100-hour Moving Average (MA) during the initial upward movement (refer to the blue line on the hourly chart above). This prompted traders to lean against the risk-defining level,
The US FDIC is holding a auction of the assets of First Republic Bank this weekend, according to a Reuters report. There are roughly six bidders for the assets, including a bid from JPMorgan. The report says bidders were asked for non-binding bids Friday and will be studying FRC’s books over the weekend. A deal
In this article NET Follow your favorite stocksCREATE FREE ACCOUNT Signage outside the Cloudflare headquarters in San Francisco, California, U.S., on Tuesday, Feb. 8, 2022. Cloudflare Inc. is expected to release earnings figures on Feb. 10. David Paul Morris | Bloomberg | Getty Images Cloudflare shares plunged as much as 25% in after-hours trading Thursday
In this video, I will be sharing my XAUUSD trading strategy by providing my complete technical and order flow analysis so you can watch it to possibly improve your forex trading skillset. ► Important Risk Notice: https://transparentfxtrading.com/terms-conditions/#risk-disclaimer ► Mentorship Program: https://transparentfxtrading.com/ ► Suggested Broker: https://secure.blueberrymarkets.com/en/auth/create-account?refer=11978MT4-BB-L ► Free Telegram Channel: https://t.me/transparentfx PREVIOUS ANALYSIS 1: PREVIOUS ANALYSIS
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Oil prices were little changed on Friday but are set for their second weekly drop as disappointing economic data from the U.S., the world’s biggest crude user, and uncertainty on further interest rate hikes raised concerns about future fuel demand. Brent crude futures for June were trading at $78.53 a barrel, up 16 cents, or
The markets experienced surprisingly high volatility in the last week of April, with central bank expectations as the primary driver. Japanese Yen emerged as the worst performer following BoJ’s dovish stance, leading bond traders to abandon hopes for any changes to yield curve control. Australian Dollar was the second-worst performer, as economists now lean towards
Share: Analysts at MUFG Bank continue to see the EUR/USD pair moving to the upside over the next few days. They expect the pair to break out to the upside and move back closer to pre-Ukraine conflict levels from early last year. Key quotes: “The pair has been attempting to break above the top of
USDCAD trade between swing areas today The USDCAD has experienced a sharp decline and is currently testing a swing area between 1.3553 and 1.35638. The 200-bar moving average on the 4-hour chart is located within this range at 1.35594. The price dipped to 1.3550, just below the low of the swing area, but only saw
Markets: Gold up $1 to $1989 WTI crude oil up $1.95 to $76.71 US 10-year yields down 9 bps to 3.43% S&P 500 up 0.9% GBP leads, JPY lags The big story of the day was the Bank of Japan leaving policy unchanged and the yen taking a beating. It tumbled right across the board
A pedestrian inspects advertisements for residential properties for sale in Stockholm, Sweden. Bloomberg | Bloomberg | Getty Images STOCKHOLM, Sweden — The International Monetary Fund warned Friday of “disorderly” house price corrections in Europe, at a time when the region is struggling to bring down inflation. In its latest regional economic outlook for Europe, the
In this article SNAP Follow your favorite stocksCREATE FREE ACCOUNT Co-founder and CEO of Snap Inc. Evan Spiegel holds up a Pixy drone while speaking during the Viva Technology conference dedicated to innovation and startups, at the Porte de Versailles exhibition center in Paris, France June 17, 2022. Benoit Tessier | Reuters Snap shares dropped
Adding to the growing list of radical implementations to improve Twitter’s bottom line and promote citizen journalism, Tesla CEO Elon Musk announced that creators on the social media platform can now monetize their content. Ever since Musk’s takeover of Twitter, the company has taken several drastic measures to turn itself into a profitable business, which
Gold declined on Friday as the dollar and bond yields rose after data showed that the personal consumption expenditure price rose more than estimated, while markets turned their focus to the Federal Reserve’s meeting due next month. The June gold futures were trading at Rs 59,740 per 10 gm on the MCX at 1.14 pm
Yen declined broadly in Asian session as traders discovered that BoJ still has the potential to surprise the market with dovish moves. The selloff was triggered by the central bank’s plan to review monetary policy in 12 to 18 months, a major disappointment for those who expected imminent changes as early as at today’s meeting.
Share: The Central Bank of Colombia (BanRep) raised its key interest rate by 25bps to 13.25%. Analysts at TD Securities think this was the last hike in the cycle and they warn that after the recent Cabinet reshuffle form the President, the central bank has now additional reasons to be cautious in coming months. Key