Gold Price Coils Further, Silver Hits a Multi-Week High Gold is seemingly putting together a bullish pennant on the daily chart, while silver looks to push further ahead after Wednesday’s break of resistance. Gold (XAU/USD) Price Analysis and Chart Gold trading on either side of $2,165/oz. but a break may be near.Silver prints a fresh three-month high.Most Read: Euro Slides...

EUR/USD News and Analysis ECB member favours multiple rate cuts ahead of the summerEUR/USD flirts with familiar zone of resistanceMore ECB speakers scheduled today as event risk quietens downThe analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our comprehensive education library Recommended by Richard Snow How to Trade EUR/USD...

BRITISH POUND FORECAST – GBP/USD, GBP/JPY, EUR/GBP Retail positioning on GBP/USD continues to lean on the bearish sideIG data also reveals a surprising dose of pessimism around GBP/JPYMeanwhile, nearly 70% of retail traders are net-long on EUR/GBPMost Read: Gold Price Coils Further, Silver Hits a Multi-Week High While most traders follow the herd, contrarian sentiment indicators offer a path less...

Number of traders net-short has decreased by 17.40% from last week. SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OI EUR/USD BEARISH 51.50% 48.50% 25.63% Daily27.10% Weekly -25.93% Daily-17.40% Weekly -6.08% Daily0.77% Weekly EUR/USD Bearish Data provided by of clients are net long. of clients are net short. Change in Longs Shorts OI Daily 26% -26% -6% Weekly 27% -17% 1%...

01:34 PM EDT, 04/25/2024 (MT Newswires) -- Tech stocks were mixed Thursday afternoon with the Technology Select Sector SPDR Fund (XLK) decreasing 0.7% and the SPDR S&P Semiconductor ETF (XSD) adding 1.7%. The Philadelphia Semiconductor index rose 1.7%. In corporate news, Meta Platforms ( META ) late Wednesday reported Q1 earnings and revenue that topped estimates by analysts while raising...

01:42 PM EDT, 04/25/2024 (MT Newswires) -- Energy stocks rose Thursday afternoon with the NYSE Energy Sector Index adding 0.3% and the Energy Select Sector SPDR Fund (XLE) up 0.1%. The Philadelphia Oil Service Sector index fell 0.9%, and the Dow Jones US Utilities index gained 0.3%. West Texas Intermediate crude oil was little changed at $82.83 a barrel, erasing...

01:19 PM EDT, 04/25/2024 (MT Newswires) -- US equity indexes fell after midday Thursday as a sell-off in Meta Platforms ( META ) weighed on communication services sector, while government bond yields advanced after economic growth slowed in Q1. The S&P 500 fell 1% to 5,022.2, with the Dow Jones Industrial Average 1.3% lower at 37,966.3 and the Nasdaq Composite...

01:28 PM EDT, 04/25/2024 (MT Newswires) -- Financial stocks were decreasing in Thursday afternoon trading, with the NYSE Financial Index shedding 0.5% and the Financial Select Sector SPDR Fund (XLF) off 0.9%. The Philadelphia Housing Index was falling 0.9%, and the Real Estate Select Sector SPDR Fund (XLRE) was down 0.8%. Bitcoin (BTC-USD) was increasing 0.3% to $64,433, and the...

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.

Executives from Microsoft Corp., Citigroup Inc., Tesla Inc. and other large multinationals are meeting this week with Chinese President Xi Jinping and other Asian leaders, as well as US President Joe Biden.

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

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.

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.

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.

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 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.

(Reuters) - FedEx ( FDX ) shares surged in premarket trading on Friday after the parcel giant beat estimates for quarterly profit and reported a higher operating margin at Express, its largest unit. Shares of the company rose 12.4% to $297.75 before the bell, with rival UPS up 3.5%. FedEx ( FDX ) has taken several measures to protect margins...

(Reuters) - Popular investor Cathie Wood's ARK Invest bought nearly 10,000 shares of Reddit ( RDDT ) in the social media platform's strong market debut on Thursday, an email from the asset manager showed. A total of 9,982 shares of the loss-making company was added to ARK Next Generation Internet ETF ( ARKW ) and ARK Fintech Innovation ETF (...

March 22 (Reuters) - All of India's refiners are now refusing to take Russian crude carried on PJSC Sovcomflot tankers due to U.S. sanctions, Bloomberg News reported on Friday. Reuters reported earlier this week that India's Reliance Industries, operator of the world's biggest refining complex, would not buy Russian oil loaded on tankers operated by shipper Sovcomflot (SCF) after recent...

TOKYO (Reuters) -Japanese firms have agreed to raise pay by 5.25% this year, the biggest rise under comparable data since 2013, the country's largest union group Rengo confirmed on Friday. The results of the closely-watched wage negotiations are announced in several stages, in which the blue-chip firms are first to wrap up their talks in mid-March. The second announcement on...

Bitcoin remains in a state of balance between buyers and sellers, leading to uncertainty regarding its future price movements. The market has exhibited minor fluctuations, requiring increased trading activity to determine its next directional move. Technical Analysis By Shayan The Daily Chart Bitcoin has been experiencing insufficient trading activity in both spot and perpetual markets, resulting in a period of...

Over the last three weeks, the correlation between bitcoin (BTC) and the SP 500 has been declining. As of February 17, the correlation dropped to zero, meaning BTC completely decoupled from the leading stock market index. According to data analyzed by market intelligence firm IntoTheBlock, the decorrelation between BTC and the SP 500 could be a bullish signal because BTC...

Since Donald Trump won the U.S. presidential election in November last year, Bitcoin has broken its all-time high (ATH) price several times, and the head of state is crediting his strong support for digital assets as the driving force. He has also declared an end to the previous administration’s apparent hostility towards the crypto industry, promising to position the United...

The US Securities and Exchange Commission (SEC) announced the launch of the Cyber and Emerging Technologies Unit (CETU) to combat cyber-related fraud and protect retail investors from risks in emerging technologies. Headed by Laura DAllaird, CETU replaces the Crypto Assets and Cyber Unit and includes a team of roughly 30 fraud specialists and attorneys working across multiple SEC divisions. CETU...