Gold prices steady as US inflation data dampens hopes for a larger Fed rate cut. Explore the implications for gold traders and upcoming economic indicators.
Japan’s Nikkei index showed a strong performance on Thursday, rising by 1% to reach 36,808.75 by midday. This positive movement was largely driven by new data showing that Japan’s economy grew faster than expected in the second quarter, with an …
Wheat prices surged nearly 2% after Russia’s missile strike on Ukraine’s Odesa port, with further support from lower wheat output in France. Explore market implications and short-term trader insights.
The Australian dollar (AUD) experienced a modest uplift on Thursday, touching $0.6609, following an unexpected surge in employment figures. The 58,200 jobs added in July far surpassed market forecasts of a 20,000 gain, indicating a resilient labour market despite broader …
Explore the potential market impacts of a potential Google breakup as the DOJ considers divesting key assets like Android and Chrome.
The US stock market showed little movement as investors prepared for the release of the July Consumer Price Index (CPI) report.
The Indian rupee is set to open on a stronger note on Wednesday, buoyed by rising confidence that the Federal Reserve will implement a series of rate cuts this year.
The U.S. dollar started Wednesday on shaky ground after tumbling overnight against major currencies, driven by a surprisingly benign reading on U.S. producer prices. This report has amplified expectations that the Federal Reserve might lean towards rate cuts later this …
The Nikkei 225 index (Symbol: Nikkei225) jumped as traders returned from the Obon holiday, driven by a more stable yen and strong gains in tech stocks.
Oil prices retreated and broke a five-day winning streak as the market’s focus shifted back to demand concerns.
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