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Market Q2 Forecasts: US Dollar, Gold, Euro, Oil, Bitcoin, Yen, Equities Outlooks
Market Q2 Forecasts: US Dollar, Gold, Euro, Oil, Bitcoin, Yen, Equities Outlooks
Apr 3, 2024
Market Q2 Forecasts: US Dollar, Gold, Euro, Oil, Bitcoin, Yen, Equities Outlooks The second quarter of the year looks set to bring renewed volatility to a wide range of asset classes as a slew of central banks look set to pull the trigger on interest rate cuts. For all market-moving economic data and events, see the DailyFX Calendar Learn How...
Euro regains ground ahead of US inflation data
Euro regains ground ahead of US inflation data
Apr 3, 2024
Euro rose in European trade on Wednesday against a basket of major rival, extending its recovery from two-month lows against the dollar ahead of major European inflation data for March, which will help determine the likely path ahead for European policies. Cold data will boost the case of an early ECB interest rate cut in June, which will renew concerns...
US Crude Oil Prices Surge As Market Seems Sure OPEC Cuts Will Stay Put
US Crude Oil Prices Surge As Market Seems Sure OPEC Cuts Will Stay Put
Apr 3, 2024
US Crude Oil Prices and Analysis Download our Brand New Q2 Oil Forecast below: Recommended by David Cottle Get Your Free Oil Forecast Crude Oil prices remained close to five-month peaks on Wednesday as markets looked toward a meeting of key producers at which production cuts are expected to remain in place. The Organization of Petroleum Exporting Countries will convene...
Japanese Yen Sentiment Analysis and Outlook: USD/JPY, GBP/JPY, AUD/JPY
Japanese Yen Sentiment Analysis and Outlook: USD/JPY, GBP/JPY, AUD/JPY
Apr 2, 2024
Most Read: Brent, WTI Reach Yearly High amid Escalations in Russia and Middle East The fast-paced world of trading often favors following the crowd – jumping on the bandwagon when prices rise and scrambling to sell in a panic. However, experienced and seasoned traders recognize the power of contrarian thinking. Indicators like IG client sentiment provide a glimpse into the...
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Sector Update: Energy
Sector Update: Energy
Jan 17, 2025
01:43 PM EST, 01/17/2025 (MT Newswires) -- Energy stocks were higher Friday afternoon, with the NYSE Energy Sector Index up 0.5% and the Energy Select Sector SPDR Fund (XLE) rising 0.8%. The Philadelphia Oil Service Sector index climbed 2.1%, and the Dow Jones US Utilities index added 0.3%. Front-month West Texas Intermediate crude oil was declining 0.5% to $78.26 a...
Sector Update: Financial Stocks Rise Friday Afternoon
Sector Update: Financial Stocks Rise Friday Afternoon
Jan 17, 2025
01:54 PM EST, 01/17/2025 (MT Newswires) -- Financial stocks were advancing in Friday afternoon trading, with the NYSE Financial Index up 0.6% and the Financial Select Sector SPDR Fund (XLF) ahead 0.7%. The Philadelphia Housing Index rose 0.7%, and the Real Estate Select Sector SPDR Fund (XLRE) added 0.3%. Bitcoin (BTC-USD) spiked 5.2% to $104,732, and the yield for 10-year...
Sector Update: Energy Stocks Rise in Friday Afternoon Trading
Sector Update: Energy Stocks Rise in Friday Afternoon Trading
Jan 17, 2025
01:56 PM EST, 01/17/2025 (MT Newswires) -- Energy stocks gained Friday afternoon with the NYSE Energy Sector Index up 0.5% and the Energy Select Sector SPDR Fund (XLE) rising 0.9%. The Philadelphia Oil Service Sector index climbed 2.3%, and the Dow Jones US Utilities index added 0.3%. West Texas Intermediate crude oil fell 0.5% to $78.26 a barrel, and global...
Sector Update: Financial
Sector Update: Financial
Jan 17, 2025
01:39 PM EST, 01/17/2025 (MT Newswires) -- Financial stocks were advancing in Friday afternoon trading, with the NYSE Financial Index up 0.6% and the Financial Select Sector SPDR Fund (XLF) ahead 0.7%. The Philadelphia Housing Index rose 0.7%, and the Real Estate Select Sector SPDR Fund (XLRE) added 0.3%. Bitcoin (BTC-USD) spiked 5.2% to $104,732, and the yield for 10-year...
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Baidu, Geely's EV venture faces uproar after it says needs fresh funds
Baidu, Geely's EV venture faces uproar after it says needs fresh funds
Dec 12, 2024
BEIJING (Reuters) - The CEO of China's Ji Yue Auto was surrounded by people demanding to know how they would be paid, videos posted online on Thursday showed, a day after the EV maker said it would streamline operations to cope with fierce market competition. The Baidu Inc ( BIDU ) and Geely joint venture said on Wednesday it would...
Nordson Issues Downbeat Fiscal First-Quarter Outlook Despite Fourth-Quarter Beat
Nordson Issues Downbeat Fiscal First-Quarter Outlook Despite Fourth-Quarter Beat
Dec 12, 2024
06:35 AM EST, 12/12/2024 (MT Newswires) -- Nordson ( NDSN ) shares dropped early Thursday as the precision technology company issued a downbeat fiscal first-quarter outlook while its results in the prior three-month period topped market estimates. Adjusted earnings are set to come in between $1.95 and $2.15 per share for the ongoing quarter while revenue is expected between $615...
Agnico Acquiring O3 Mining in Friendly Transaction For Near $204 Million
Agnico Acquiring O3 Mining in Friendly Transaction For Near $204 Million
Dec 12, 2024
06:40 AM EST, 12/12/2024 (MT Newswires) -- Agnico Eagle Mines Limited ( AEM ) and O3 Mining Inc. ( OIIIF ) jointly announced Thursday they have entered into a definitive support agreement that will see Agnico Eagle acquire, directly or indirectly, all of the outstanding common shares of O3 Mining ( OIIIF ) at C$1.67 per common share in cash...
Cenovus Energy forecasts higher production in 2025
Cenovus Energy forecasts higher production in 2025
Dec 12, 2024
Dec 12 (Reuters) - Canada's Cenovus Energy ( CVE ) forecast higher production in 2025 on Thursday, banking on benefiting from new projects coming online. The company forecast its upstream production between 805,000 and 845,000 barrels of oil equivalent per day (boepd) for 2025, compared with 770,000 boepd to 810,000 boepd expected this year. Cenovus will deliver important milestones on...
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Shiba Inu’s Shibarium Reaches a New Milestone: Details
Shiba Inu’s Shibarium Reaches a New Milestone: Details
Dec 9, 2024
TL;DR Shibarium has processed over 500M transactions and introduced key upgrades to boost the Shiba Inu ecosystem. Analysts suggest Shibarium’s progress could be one of the factors sparking a SHIB rally. Shibarium Keeps Progressing Shiba Inus layer-2 scaling solution officially launched in August last year. Since then, it has achieved numerous milestones. As CryptoPotato reported in November, the total number...
Ethereum Leads Record Inflows as Digital Asset Products Reach All
Ethereum Leads Record Inflows as Digital Asset Products Reach All
Dec 9, 2024
In a historic week for digital assets, investment products saw their largest weekly inflows ever, amounting to $3.85 billion, surpassing the previous record set just a few weeks earlier. This spike has driven total year-to-date inflows to $41 billion, while assets under management have surged to a new record of $165 billion, far outpacing the $83 billion AuM achieved during...
MicroStrategy’s Bitcoin Stash Rises to 423,650 BTC After Another Multi
MicroStrategy’s Bitcoin Stash Rises to 423,650 BTC After Another Multi
Dec 9, 2024
It seems like a recurring event now, but MicroStrategy, the worlds largest corporate holder of BTC, has announced another massive acquisition. This time, the firm spent $2.1 billion at an average price of $98,782 to acquire 21,550 BTC. MicroStrategy has acquired 21,550 BTC for ~$2.1 billion at ~$98,783 per #bitcoin and has achieved BTC Yield of 43.2% QTD and 68.7%...
SushiSwap to Launch New Products in 2025, Including Kubo, Blade, and Susa
SushiSwap to Launch New Products in 2025, Including Kubo, Blade, and Susa
Dec 9, 2024
Sushis chief exec, Jared Grey, has released a roadmap for 2025 that outlines a series of strategic product launches and ecosystem expansions. Following a comprehensive governance overhaul in April, the Sushi DAO formalized its structure with the establishment of the Sushi DAO Foundation and Sushi Labs. This move aims to promote the DAOs interests through a multi-token ecosystem, facilitating the...
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