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...

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...

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%...

03:34 PM EDT, 06/05/2024 (MT Newswires) -- Tech stocks gained late Wednesday afternoon with the Technology Select Sector SPDR Fund (XLK) climbing 2% and the SPDR S&P Semiconductor ETF (XSD) jumping 3.4%. The Philadelphia Semiconductor index surged 4.1%. In corporate news, Guidewire Software ( GWRE ) shares gained past 18% after several analysts boosted their price targets on the stock,...

03:37 PM EDT, 06/05/2024 (MT Newswires) -- Health care stocks were rising late Wednesday afternoon, with the NYSE Health Care Index and the Health Care Select Sector SPDR Fund (XLV) each adding 0.4%. The iShares Biotechnology ETF (IBB) climbed 1.7%. In corporate news, Rezolute ( RZLT ) shares soared 19.6% as Craig-Hallum started coverage of the biopharmaceutical company with a...

* Private payrolls data slows in May * Nvidia ( NVDA ), TSMC touch record highs * CrowdStrike ( CRWD ) gains after strong Q2 forecast * HPE climbs after upbeat revenue forecasts * Indexes up: Dow 0.26%, S&P 0.98%, Nasdaq up 1.67% (Updates to 2:31 p.m. EDT) By Chibuike Oguh NEW YORK, June 5 (Reuters) - The S&P 500...

(Updated at 1500 EDT) By Karen Brettell June 5 (Reuters) - Benchmark U.S. 10-year Treasury yields fell to a two-month low on Wednesday after a report pointed to weaker-than-expected jobs growth ahead of Friday's highly anticipated government employment report for May. Yields have tumbled this week as softening economic data boosts expectations that the Federal Reserve will make two 25...

Over two decades, Google said that it has employed machine learning and AI to enhance products, focusing on language translations, flood forecasts, and agricultural productivity in India.

Karnataka Chief Minister Siddaramaiah, this policy revision reflects the Karnataka government's commitment to staying ahead of all and fostering growth in this critical sector.

TikTok, owned by China's ByteDance, has 125 million active monthly users in Indonesia, a country of more than 270 million people. It has been looking to translate the large user base into a major e-commerce revenue source.

According to Google, the use of artificial intelligence (AI) by developers to build and offer enhanced user experiences emerged as one of the top innovation trends in apps and games. Several of the local developers on the list have even integrated AI into their offerings.

Activists have contended that words like "ecotourism facilities" and "any other purposes" are too vague and may pave the way for widespread exploitation and misuse.

The new bill exempts registered AYUSH practitioners and people accessing codified traditional knowledge, from sharing benefits with local communities or giving prior intimation to state biodiversity boards before accessing biological resources.

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.

The firm and dispatchable renewable energy (FDRE) project, designed with a hybrid of solar, wind, and battery storage, is aimed at providing a stable and dispatchable energy supply during peak hours. Shares of Tata Power Company Ltd ended at ₹270.75, up by ₹12.60, or 4.88%, on the BSE.

Projected to generate 482 million units in its inaugural year post-commissioning, the cumulative energy generation over a 25-year span is anticipated to reach 12,050 million units. Shares of SJVN Ltd ended at ₹75.17, down by ₹0.50, or 0.66%, on the BSE.

For the last several years, Starbucks has been testing different kinds of plastics. In 2019, the company went to a straw less lid, eliminating a good amount of plastic. By the end of 2023, the goal is to reduce by 15 percent the amount of material in each cup.

Th Suzlon wind turbines received the RLMM (Revised List of Models & Manufacturers) listing from the Ministry of New and Renewable Energy, marking an important milestone for the successful commercialisation of the product. Shares of Suzlon Energy Ltd ended at ₹40.49, up by ₹1.85, or 4.79%, on the BSE.

A spot crypto ETF would track the market price of the underlying crypto asset, giving investors exposure to the token without having to buy the currency. The SEC has previously denied all spot bitcoin ETF applications citing potential for fraud, but that could soon change after it lost a legal battle in August.

Bitcoin prices have typically rallied in the past following halvings. Six months after the first halving in 2012, the price jumped to $126 from $12. After the second halving in 2016, it went to $1,000 from $654 within seven months and in 2020 it shot up to $18,040 from $8,570 in the same time period.

Bankman-Fried was found guilty of seven counts of fraud and conspiracy after jurors in Manhattan deliberated for less than five hours Thursday.

Negotiations between the Justice Department and Binance include the possibility that its founder Changpeng Zhao would face criminal charges in the US under an agreement to resolve the probe into alleged money laundering, bank fraud and sanctions violations, according to the Bloomberg.