Gold Whipsaws and Signals a Potential Momentum Shift The precious metal rose phenomenally in the wake of the FOMC meeting and updated summary of economic projections. The US dollar acted as the release valve for all the hawkish sentiment that had been priced into the market. US activity, jobs and inflation data printed on the higher side of estimates in...

Most Read: U.S. Dollar Outlook Market Sentiment: USD/JPY, USD/CAD, USD/CHF The U.S. dollar, as measured by the DXY index, strengthened this past week, closing at its best level since mid-February on Friday. Despite initial losses following the Fed’s dismissal of renewed inflation risks and indications that it was still on track for 75 basis points of easing this year, the...

Number of traders net-short has decreased by 16.42% from last week. SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OI Gold BEARISH 50.43% 49.57% 11.14% Daily7.51% Weekly 6.18% Daily-16.42% Weekly 8.62% Daily-5.85% Weekly Gold Bearish Data provided by of clients are net long. of clients are net short. Change in Longs Shorts OI Daily 11% 6% 9% Weekly 8% -16% -6%...

Japanese Yen (USD/JPY) Analysis BoJ minutes extend the ‘carry trade’ as officials rule out rapid rate hikesLike clockwork, Japan’s top currency diplomat voices dissatisfaction with recent yen volatility, weaknessIG Client sentiment ‘mixed’ despite massive short positioningThe analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our comprehensive education library BoJ...

With U.S. stock futures trading higher this morning on Tuesday, some of the stocks that may grab investor focus today are as follows: Wall Street expects The Home Depot, Inc ( HD ). to report quarterly earnings at $4.50 per share on revenue of $43.38 billion before the opening bell, according to data from Benzinga Pro. Home Depot ( HD...

ZURICH/GDANSK, Aug 13 (Reuters) - Here are some of the main factors that may affect Swiss stocks on Tuesday: COMPANY STATEMENTS SCHINDLER HOLDING AG Wins Avenues - Riyadh project in Saudi Arabia. TECAN GROUP Reports HY adjusted EBITDA of 67.9 million Swiss francs. NOVARTIS Lost initial bid to block generic of best-selling heart drug. SWISSQUOTE GROUP HOLDING SA Half year...

NEW YORK (Reuters) - Panic appears to have faded following last week's outbreak of volatility in U.S. stocks, but if history is any guide, markets might remain jittery for months. Wall Street's most closely watched gauge of investor anxiety, the Cboe Volatility Index, has rapidly eased after closing at a four-year high last week and stocks came screaming back following...

The CNN Money Fear and Greed index showed a slight increase in the overall market sentiment, but the index remained in the “Extreme Fear” zone on Monday. U.S. stocks settled mixed on Monday, with the Dow Jones index falling more than 100 points during the session. All major indices recorded losses last week, with the Dow and Nasdaq falling by...

During the last three months, 19 analysts shared their evaluations of Twilio ( TWLO ) , revealing diverse outlooks from bullish to bearish. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 6 10 3...

In the latest quarter, 4 analysts provided ratings for SoundHound AI ( SOUN ) , showcasing a mix of bullish and bearish perspectives. The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 2 1 0 0...

In the latest quarter, 7 analysts provided ratings for Zebra Technologies ( ZBRA ) , showcasing a mix of bullish and bearish perspectives. The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2...

The price of (Brent) rose in its last intraday levels, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, with the continuation of the positive pressure due to its trading above EMA50, to settle above the key resistance at $70.00, to confirm breaching it which reinforces the price momentum to...

India-Canada Tension: While BookMyShow's official statement did not explicitly state the reason behind the cancellation, it confirmed that 'singer Shubneet Singh's Still Rollin Tour for India stands cancelled.' It assured all ticket holders that their money would be refunded in 7-10 working days.

British politics is abuzz with musical chairs like excitement. PM Rishi Sunak, who had to remove his outspoken interior minister Suella Braverman for her article on a pro-Palestine march in UK, has brought ex-PM David Cameron — who had lost the top job over Brexit — back into the fresh equation.

Besides Clapton, Alicia Silverstone, Rob Schneider and Woody Harrelson (who later retracted) have publicly supported RFK Jr, who reportedly said COVID-19 may just be 'ethnically targeted.' The virus targets Caucasians and Black people while sparing Ashkenazi Jewish people and Chinese people, he said at a New York dinner.

Greece has repeatedly asked the British Museum to permanently return the 2,500-year-old sculptures that British diplomat Lord Elgin removed from the Parthenon temple in the early 19th century when he was ambassador to the Ottoman Empire.

The company will deliver a growth of 5-10 percent in revenue in FY21 in building products, said G Vamsi Krishna, Joint Managing Director of Visaka Industries, on Tuesday.

Reliance Industries' oil-to-chemical (O2C) business would spin-off into an independent 100 percent subsidiary, which will constitute the refining, petrochemical and fuel retailing businesses. In conversation with CNBC-TV18, market expert Prakash Diwan weighed in on how investors should look at the deal.

Reliance Industries Limited (RIL) on Tuesday announced the demerger of its oil-to-chemical (O2C) business.

Marico is aiming for a 10 percent market share in the health and immunity segment, banking on the growth of its honey and chyawanprash offerings

A deep-pocketed Ethereum whale is defying the current crypto bloodbath, scooping up tens of thousands of ETH while panic grips the broader market. On June 13, blockchain tracking account Lookonchain revealed on X that the mysterious trader bought 48,825 ETH, worth approximately $127 million, from Coinbase and Wintermute, over an eight-hour period at an average price of $2,605 per coin....

More than $190 billion has exited crypto markets over the past 12 hours, sending total capitalization tumbling over 7% to $3.36 trillion. The crypto crash followed news reports that Israel had launched a missile attack on Iranian nuclear sites in a pre-emptive strike. Israel has declared a state of emergency, saying the country expected counter-attacks “in the immediate future,” reported...

Democratic Senators Elizabeth Warren and Richard Blumenthal issued a letter to Meta CEO Mark Zuckerberg, raising concerns over reports that the tech giant is once again exploring the launch of its own stablecoin. In the letter, the senators warn that Metas renewed interest in digital currency, reminiscent of its failed Libra and Diem initiatives, could pose serious risks to financial...

TL;DR Although the entire crypto market is in the red today following the developments on the Israel-Iran front, Pi Networks price experienced a more substantial crash. Within just minutes, the assets price tumbled by over 35% before staging a recovery. Global uncertainty often impacts the entire cryptocurrency market immediately due to the volatile nature and its 24/7 trading availability. This...