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...

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...

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 – EUR/USD, GBP/USD, USD/JPY Most Read: US Dollar Forecast: PCE Data to Steal Show; EUR/USD, USD/JPY, GBP/USD Setups The dollar fell slightly on Monday, but losses were moderate and probably contained by rallying U.S. Treasury yields. Many traders decided to take profits after the greenback's strong performance last week, while others avoided taking large directional positions in...

09:17 AM EDT, 08/26/2024 (MT Newswires) -- Financial stocks were advancing premarket Monday as the Financial Select Sector SPDR Fund ( XLF ) was 0.4% higher recently. The Direxion Daily Financial Bull 3X Shares ( FAS ) was 1.4% higher and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was down 1.3%. Prestige Wealth ( PWM...

03:44 PM EDT, 08/26/2024 (MT Newswires) -- US benchmark equity indexes were struggling for direction ahead of Monday's close following a rally in the previous session after Federal Reserve Chair Jerome Powell said the time has come for interest rate cuts. The Nasdaq Composite was down 0.9% at 17,724.8, while the S&P 500 fell 0.4% to 5,615.6. The Dow Jones...

09:18 AM EDT, 08/26/2024 (MT Newswires) -- Health care stocks were higher pre-bell Monday, with the Health Care Select Sector SPDR Fund ( XLV ) up 0.2% and the iShares Biotechnology ETF ( IBB ) was ahead 0.6%. BeiGene ( BGNE ) shares were up more than 3% after the drug maker said its BGB-16673 has received fast-track designation from...

01:27 PM EDT, 08/26/2024 (MT Newswires) -- Energy stocks were higher Monday afternoon, with the NYSE Energy Sector Index rising 1.3% and the Energy Select Sector SPDR Fund (XLE) up 1%. The Philadelphia Oil Service Sector index was posting a 1.1% increase, and the Dow Jones US Utilities index was adding 0.7%. Front-month West Texas Intermediate crude oil was climbing...

TOKYO, March 22 (Reuters) - In the coming years, Satoaki Kanoh needs to replace almost a dozen ageing machines at his Tokyo-based maker of acrylic panels, a major undertaking that he worries will become even more expensive. Ideally, I'd like to do one a year. But I don't have that much money, Kanoh said of the customised pieces of machinery...

Analysts' ratings for Clear Secure ( YOU ) over the last quarter vary from bullish to bearish, as provided by 7 analysts. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent...

The two companies will establish a DePIN alliance in south-east Asia.AIOZ's native token is currently trading flat after the announcement, it is up by more than 200% in 30 days.AIOZ Network will use Alibaba Cloud to improve Web 3, AI, storage and streaming services.Decentralized infrastructure network (DePIN) AIOZ Network has become the leading blockchain partner in Alibaba Cloud’s Innovation Accelerator...

TOKYO (Reuters) - In the coming years, Satoaki Kanoh needs to replace almost a dozen ageing machines at his Tokyo-based maker of acrylic panels, a major undertaking that he worries will become even more expensive. Ideally, I'd like to do one a year. But I don't have that much money, Kanoh said of the customised pieces of machinery that cost...

The probe pertains to Dapoli resort, which is allegedly illegal. The former minister and Shiv Sena (Uddhav) leader, Anil Parab, allegedly wangled a permit to use land meant for agricultural use. The ED had started the investigation under the the Prevention of Money Laundering Act (PMLA) after a complaint from the Environment Ministry.

A fire that broke out at the waste treatment plant in Kochi on March 2, 2023, continues to spread toxic fumes even after 11 days of the incident. The Kerala government has said that 95 percent of the fire has been extinguished, but the smoke from the landfill has not entirely subsided. 

On Tuesday, the Gehlot government invited bids for both projects to build the dams within the next four years. The chief minister had announced both projects in last year’s budget.

Accusing Kejriwal of being busy with election campaigning in poll-bound states and waking up to the situation late, Minister of State for Consumer Affairs, Food, and Public Distribution, Ashwini Kumar Choubey, said that the Centre had held a meeting with Chief Secretaries and senior officials from four North Indian states on 20th October to discuss measures to reduce air pollution, which he claims weren't adopted by the AAP-led governments.

WASHINGTON (Reuters) -The U.S. Federal Aviation Administration said on Wednesday it issued a ground stop for United Airlines flights at several U.S. airports while the company itself said its teams were working to resolve a tech outage as soon as possible. ...

By Yantoultra Ngui SINGAPORE (Reuters) -Singapore's banks posted mixed second-quarter earnings on Thursday, with DBS Group maintaining its 2025 outlook and United Overseas Bank resuming guidance but trimming expectations amid macroeconomic uncertainties. DBS, Singapore and Southeast Asia's largest bank by assets, reported a 1% rise in April-June net profit to S$2.82 billion ($2.20 billion), beating a S$2.77 billion mean estimate...

WASHINGTON, Aug 6 (Reuters) - The U.S. Federal Aviation Administration said on Wednesday it issued a ground stop for United Airlines flights at several U.S. airports while the company itself said its teams were working to resolve a tech outage as soon as possible. ...

SAO PAULO, Aug 6 (Reuters) - Brazilian pulpmaker Suzano posted on Wednesday a second-quarter core earnings slightly above analysts estimates, while it also raised planned investments for 2025 by about 7% after announcing a deal to swap standing timber. Core earnings, as measured by adjusted earnings before interest, taxes, depreciation and amortization (EBITDA), stood at 6.09 billion reais, down 3%...

Eight of the past twelve months of February going back to 2013 have seen double-digit gains for Bitcoin, according to Coinglass. The average gain for the second month of the year is 15.6%. Moreover, only two Februaries over the past twelve years have been months of decline, namely in 2014 and 2020. The asset remained flat in February 2018 and...

Bitcoin has recovered from its twelve-day low of just below $98,000 on Monday to reach an intraday high of $103,100 during the Tuesday morning Asian trading session. The asset only spent a few hours in the five-figure territory, finding solid support from which to bounce. On Jan. 28, analyst ‘Rekt Capital’ said that Bitcoin had completed its first price discovery uptrend...

Dean Norris, best known for his role in Breaking Bad, has become the target of hackers again. His X account was recently compromised to promote a fraudulent meme coin named DEAN. Details from the Exploit An X user who shared a screenshot of the deleted posts described the incident as one of the “most believable” scams they had ever seen...

Seychelles-based crypto exchange KuCoin has pleaded guilty to conducting an unlicensed money-transmitting business. As per the agreement, KuCoin faces monetary penalties of more than $297 million, which includes a forfeiture of $184.5 million and a fine of $112.9 million. KuCoin will also be suspending its US market activities for two years. Founders Michael Gan and Eric Tang will relinquish $2.7...