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...

Brent Crude Oil News and Analysis Over 150 missiles and drones fired in latest attack on UkraineOil prices ease into the weekend despite attacks on energy infrastructureIG client sentiment focuses on recent changes in positioning to arrive at bearish biasThe analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our...

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...

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%...

India's Sensex is likely to recoup losses on Wednesday on the back of short-covering after the benchmark index posted its biggest one-day fall in 2019 in the previous session. At 7:00 AM, the SGX Nifty Futures traded higher by 0.30 percent, or 32.50 points, at 10,852, indicating a slightly positive start for the Sensex and the Nifty.

The US manufacturing sector contracted in August for the first time since 2016 amid worries about a weakening global economy.

India's Sensex is likely to recoup losses on Wednesday on the back of short-covering after the benchmark index posted its biggest one-day fall in 2019 in the previous session. At 7:00 AM, the SGX Nifty Futures traded higher by 0.30 percent, or 32.50 points, at 10,852, indicating a slightly positive start for the Sensex and the Nifty. Here are the top brokerage calls for today:

The rupee recovered from over 9-month low and opened higher against the US dollar on Wednesday, helped by a weaker greenback.

Both Alibaba and traditional rival JD.com are coming off a disappointing Singles' Day campaign, with only single-digit percentage growth during their signature annual shopping festival.

Efforts by a group of OpenAI executives and investors to reinstate Sam Altman to his role as chief executive officer...

The state-of-the-art campus plans to host approximately 3,000 AMD engineers in the coming years, and is focused on the design and development of semiconductor technology, including 3D stacking, artificial intelligence and machine learning.

Nearly all Open AI employees have threatened to quit unless the board stepped down with both Microsoft and Salesforce putting out offers to poach the disgruntled employees.

The cases were lodged against Union Minister of State Rajeev Chandrasekhar over his controversial social media posts following the blasts at a convention centre in Kochi during a prayer meeting of Christian religious group Jehovah's Witnesses.

As part of the Yatra, more than 2,500 mobile performing vans and over 200 mobile theatre vans will be pressed into service to cover the 2.55 lakh gram panchayats and clusters in all cities and towns of the country.

A senior leader who attended the meeting said Venugopal asked state leaders to support state Congress chief Ashok Chavan and warned that party president Rahul Gandhi will not tolerate any indiscipline.

Rajasthan Election Exit Poll Results 2023: The exit poll results will be announced on Thursday, November 30, at 6.30 pm after voting in Telangana gets over. Rajasthan is known for its anti-incumbency, with the state swinging between the BJP and Congress in the past elections.

01:53 PM EST, 02/07/2025 (MT Newswires) -- John Sbragia, Senior Vice President, Engineering and Quality, on February 06, 2025, sold 2,100 shares in Gatx ( GATX ) for $349,948. Following the Form 4 filing with the SEC, Sbragia has control over a total of 7,051 common shares of the company, with 7,051 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/40211/000156218025001010/xslF345X05/primarydocument.xml Price: 165.05,...

01:45 PM EST, 02/07/2025 (MT Newswires) -- IGM Financial ( IGIFF ) reported adjusted EPS of $1.05, up 22%, in line with the street and NBF's $1.05. An in-line quarter with positive operating leverage likely gets IGM moving in the right direction, writes analyst Jaeme Gloyn. Shares are roughly flat since third quarter results in early November, but market uncertainty...

PARIS (Reuters) - Airbus said on Friday it is delaying plans to develop a hydrogen-powered commercial aircraft by the middle of next decade, citing slower than expected developments in technology. The delay marks a setback to the European aerospace group's ambitions to pioneer the adoption of hydrogen fuel as aviation strives to curtail emissions, a goal strongly championed by CEO...

NEW YORK (Reuters) - Coinbase must face a lawsuit by customers who accused the largest U.S. cryptocurrency exchange of illegally selling securities without registering as a broker-dealer, a federal judge ruled on Friday. U.S. District Judge Paul Engelmayer in Manhattan rejected Coinbase's argument it did not qualify as a statutory seller under federal securities law because it never passed title...

Bitcoin prices have tapped $117,000 twice over the past couple of hours as the asset reached its highest level since August 23, almost four weeks ago. BTC gained 1.5% on the day, and almost 5% on the week, but had retreated slightly to $116,600 at the time of writing on Wednesday morning in Asia. The move comes on the day...

TL;DR PENGU forms bullish retest at $0.035, setting the stage for a potential rally toward $0.09. Cluster of EMAs and Fib level near $0.03178 offers short-term support for PENGU. Volume profile shows strong buyer interest at $0.032–$0.033, supporting the current consolidation range. Price Pullback Tests Key Support PENGU was trading at $0.033 at the time of writing, showing a 24-hour...

Ethereum developer Davide Crapis announced on Monday that the Ethereum Foundation was starting a new AI team called the dAI Team. The team’s mission is to “make Ethereum the preferred settlement and coordination layer for AIs and the machine economy.” Two key areas of focus are enabling AI agents and robots to conduct payments, coordination, and governance without intermediaries and...

Analysts have forecasted that Solana (SOL) treasury companies might outshine Bitcoin (BTC) and Ether (ETH) in 2025. Galaxy’s Michael Marcantonio outlined various reasons why SOL is the superior choice for such companies, including its higher staging yield and throughput. Expert Backs SOL as High-Yield Reserve Asset Marcantonio shared his views in a September 15 X post, where he argued that...