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Gold IG Client Sentiment: Our data shows traders are now net
Gold IG Client Sentiment: Our data shows traders are now net
Mar 25, 2024
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%...
US Dollar Forecast: PCE Data to Steal Show; EUR/USD, USD/JPY, GBP/USD Setups
US Dollar Forecast: PCE Data to Steal Show; EUR/USD, USD/JPY, GBP/USD Setups
Mar 23, 2024
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...
Markets Week Ahead: Gold Overreacts, Sterling Sinks and USD Advances
Markets Week Ahead: Gold Overreacts, Sterling Sinks and USD Advances
Mar 25, 2024
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...
Yen Update: USD/JPY Dips after BoJ Minutes, Concern over Volatile Moves
Yen Update: USD/JPY Dips after BoJ Minutes, Concern over Volatile Moves
Mar 25, 2024
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...
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Ciena, PVH And 3 Stocks To Watch Heading Into Thursday
Ciena, PVH And 3 Stocks To Watch Heading Into Thursday
Jun 4, 2025
With U.S. stock futures trading lower this morning on Thursday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Ciena Corp. ( CIEN ) to report quarterly earnings at 52 cents per share on revenue of $1.09 billion before the opening bell, according to data from Benzinga Pro. Ciena shares gained 2% to...
Nasdaq 100's Premium Valuation Is 'Easier To Digest' As Growth Optimism Surges For 2026: 'Momentum Remains Bullish'
Nasdaq 100's Premium Valuation Is 'Easier To Digest' As Growth Optimism Surges For 2026: 'Momentum Remains Bullish'
Jun 5, 2025
As the Nasdaq 100 index is nearly 2% away from its all-time high, analysis suggests that it’s “easier to digest” the index’s premium valuation given the growth optimism for 2025 and 2026. What Happened: According to Adam Turnquist, the chief technical strategist at LPL Financial, the Nasdaq 100’s forward 12-month price-to-earnings ratio at 26.6 was above its 10-year average P/E...
Japanese shares end lower on caution over US economic outlook
Japanese shares end lower on caution over US economic outlook
Jun 5, 2025
(Updates with details and closing prices) TOKYO, June 5 (Reuters) - Japanese shares ended lower on Thursday, with automakers leading the declines, as weak U.S. economic data fuelled caution toward the outlook of the world's largest economy. The Nikkei closed 0.51% lower at 37,554.49, while the broader Topix lost 1.03% to 2,756.47. Overnight, U.S. data showed the smallest gain in...
Japanese shares slip on caution over US economic outlook, stronger yen
Japanese shares slip on caution over US economic outlook, stronger yen
Jun 4, 2025
TOKYO, June 5 (Reuters) - Japanese shares slipped on Thursday as weak U.S. economic data stoked caution toward the outlook of the world's largest economy, while a stronger yen hurt automakers. At 0134 GMT, the Nikkei was down 0.1% at 37,704.91, having trimmed most of a decline of 0.6% earlier in the session. The broader Topix was down 0.64% at...
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Musk's win on India satellite spectrum raises prospect of price war with Ambani
Musk's win on India satellite spectrum raises prospect of price war with Ambani
Oct 17, 2024
* India sides with Musk on satellite spectrum allocation * Ambani's Jio faces potential customer loss to Starlink * Starlink may price aggressive in India with unlimited data By Munsif Vengattil, Aditya Kalra and Aditi Shah NEW DELHI, Oct 17 (Reuters) - Having just lost a battle with Elon Musk over how India's satellite spectrum is awarded, Asia's richest man...
Photonic startup Lightmatter raises $400 million amid AI datacenter boom, eyes IPO next
Photonic startup Lightmatter raises $400 million amid AI datacenter boom, eyes IPO next
Oct 16, 2024
* Lightmatter raises $400 mln in Series D funding led by T. Rowe Price * CEO eyes future IPO, sees demand from cloud and AI companies By Krystal Hu Oct 16 - Lightmatter, a Mountain View, California-headquartered startup building photonic tech in datacenter networking chips, said on Wednesday it has raised $400 million in a Series D funding round at...
Lam Research's Options: A Look at What the Big Money is Thinking
Lam Research's Options: A Look at What the Big Money is Thinking
Oct 17, 2024
Deep-pocketed investors have adopted a bearish approach towards Lam Research ( LRCX ) , and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in LRCX usually suggests something big is about to happen. We gleaned this information...
Wipro Q2 Earnings: IT Services Revenue Decline 2%, Proposes 1:1 Stock Bonus
Wipro Q2 Earnings: IT Services Revenue Decline 2%, Proposes 1:1 Stock Bonus
Oct 17, 2024
Wipro Ltd ( WIT )  stock slid after the company reported second-quarter results. The company reported gross revenue of 223.0 billion rupees ($2.66 billion), down by 1.0% year-on-year, missing the analyst consensus estimate of $2.67 billion.  EPS of 7 cents was in line with the analyst consensus estimate. Also Read: Lenovo’s AI Push Grows with Meta, Nvidia Collaboration Outside China IT Services revenue declined...
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RioCan REIT to Issue $550 Million of Senior Unsecured Debentures
RioCan REIT to Issue $550 Million of Senior Unsecured Debentures
Jan 22, 2025
06:47 AM EST, 01/22/2025 (MT Newswires) -- RioCan Real Estate Investment Trust (REI-UN.TO) overnight Tuesday said it will issue $550 million of senior unsecured debentures in two series. The offering includes $250 million of Series AN senior unsecured debentures that will bear interest at Daily Compounded CORRA plus 0.85% per annum, payable quarterly in arrears, and will mature on March...
Halliburton's fourth-quarter profit beats estimates
Halliburton's fourth-quarter profit beats estimates
Jan 22, 2025
Jan 22 (Reuters) - Halliburton ( HAL ) beat analysts' estimates for fourth-quarter profit on Wednesday, helped by higher demand for oilfield services and equipment from international markets. On an adjusted basis, the Houston-based company earned 70 cents per share in the quarter, compared with the average analyst estimate of 69 cents, according to data compiled by LSEG. ...
Aptiv to Spin Off Electrical Distribution Systems Business
Aptiv to Spin Off Electrical Distribution Systems Business
Jan 22, 2025
06:47 AM EST, 01/22/2025 (MT Newswires) -- Aptiv ( APTV ) said Wednesday that it plans to separate its electrical distribution systems business, creating two independent companies. After the separation, the company said Aptiv ( APTV ) would focus on advanced software and hardware technologies, while the new electrical distribution systems entity will provide low voltage and high voltage electrical...
GM recalls over 2,000 Chevrolet Equinox electric vehicles
GM recalls over 2,000 Chevrolet Equinox electric vehicles
Jan 22, 2025
Jan 22 (Reuters) - The National Highway Traffic Safety Administration said on Wednesday that General Motors ( GM ) is recalling about 2,890 Chevrolet Equinox EV vehicles due to concerns about their adaptive cruise control. (Reporting by Kannaki Deka in Bengaluru; Editing by Shinjini Ganguli) ...
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Crypto.com Custody Adds Institutional Support for Toncoin (TON) Amid Growing Demand
Crypto.com Custody Adds Institutional Support for Toncoin (TON) Amid Growing Demand
Jul 8, 2025
Following its Champions Grants earlier in May, the TON Foundation is at the center of a collaboration with Crypto.com. The TON Foundation With a New Business Partner The Open Network (TON) Foundation, previously bearing Telegrams name, continues its expansion efforts by partnering with Crypto.com, gaining access to professional-grade custody solutions for its blockchain. This will allow customers to stake TON...
Why is the FARTCOIN Price Down Today and is There More Pain Ahead?
Why is the FARTCOIN Price Down Today and is There More Pain Ahead?
Jul 8, 2025
TL;DR Whale activity has triggered a considerable market reaction and sharp price drop. RSI and MACD show neutral signals as FARTCOIN consolidates near key support at $1.087. Futures open interest climbs to $755.84M while volume spikes 51.92%, hinting at building volatility. Whale Offloads $1.57M in FARTCOIN on Binance A whale wallet has sold 1.459 million FARTCOIN for 10,509 SOL, valued...
Bitcoin Stays Steady, But Momentum Flashes Bullish Signs: Bitfinex Alpha
Bitcoin Stays Steady, But Momentum Flashes Bullish Signs: Bitfinex Alpha
Jul 8, 2025
With bitcoin (BTC) having remained in a consolidation phase for a relatively long time, market participants are wondering about its next direction. Some analysts have predicted a significant correction in the coming weeks, while others believe a positive breakout is imminent. Despite the state of the market and negative sentiment within a part of the crypto community, analysts at the...
CRO Surges After Truth Social’s Crypto Blue
CRO Surges After Truth Social’s Crypto Blue
Jul 8, 2025
Truth Social, the alt-tech social media platform owned and operated by Trump Media Technology Group (TMTG), filed for a new Crypto Blue-Chip ETF with the US SEC. The document reveals which cryptocurrency assets it will support, and the disclosure resulted in a massive price surge for one of them. Trump’s Truth Social has filed for a Crypto Blue-Chip ETF, per...
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