financetom
News
World
Environment
Technology
Politics
Retail
Business
Economy
Market summary >
Editors' picks >
News >
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...
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...
US Dollar Outlook & Market Sentiment: USD/JPY, USD/CAD, USD/CHF
US Dollar Outlook & Market Sentiment: USD/JPY, USD/CAD, USD/CHF
Mar 21, 2024
Most Read: Fed Sticks to Dovish Policy Roadmap; Setups on Gold, EUR/USD, Nasdaq 100 Too often, traders get caught up in the herd mentality, buying when prices are rising rapidly and selling in a panic when the market takes a turn to the downside. Contrarian indicators, like IG client sentiment, offer a different perspective. By gauging whether positioning and the...
World >
Market >
Russian rouble weakens vs US dollar, China's yuan after two-day rally
Russian rouble weakens vs US dollar, China's yuan after two-day rally
Feb 7, 2025
MOSCOW, Feb 7 (Reuters) - The Russian rouble weakened against the U.S. dollar and China's yuan on Friday, after strengthening sharply in the two previous sessions. At 0850 GMT, the rouble was down 0.4% to 97.10 against the dollar, according to data from the over-the-counter market. The rouble weakened 0.3% to 13.29 against China's yuan on the Moscow Stock Exchange...
Wall St Week Ahead-Inflation data to test market as tariff talk swirls
Wall St Week Ahead-Inflation data to test market as tariff talk swirls
Feb 7, 2025
NEW YORK, Feb 7 (Reuters) - A fresh look at the pace of inflation will test the U.S. stock market in the coming week, as investors worry that President Donald Trump's tariff plans are endangering Wall Street's hopes for interest rate cuts this year. The benchmark S&P 500 remained about 1% below record-high levels, even as stocks were whipsawed this...
Amazon, Newell Brands And 3 Stocks To Watch Heading Into Friday
Amazon, Newell Brands And 3 Stocks To Watch Heading Into Friday
Feb 7, 2025
With U.S. stock futures trading lower this morning on Friday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Newell Brands Inc. ( NWL ) to report quarterly earnings at 14 cents per share on revenue of $1.96 billion before the opening bell, according to data from Benzinga Pro. Newell Brands ( NWL...
Futures steady ahead of monthly payrolls test; Amazon slips
Futures steady ahead of monthly payrolls test; Amazon slips
Feb 7, 2025
(Reuters) - Futures linked to Wall Street's main indexes were subdued on Friday as investors avoided large bets prior to the crucial January jobs report, while Amazon.com's shares were pressured by low forecasts and weakness in its cloud computing unit. U.S. job growth likely slowed last month, partly restrained by the California wildfires and cold weather in parts of the...
Environment >
Technology >
Personal Finance >
Politics >
Rajasthan: Gehlot government begins Rs 2,500 cr dam project for Sabarmati, Sei rivers ahead of polls
Rajasthan: Gehlot government begins Rs 2,500 cr dam project for Sabarmati, Sei rivers ahead of polls
Mar 1, 2023
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.
ED attaches over Rs 10-crore assets in resort scam involving ex-Maha minister Anil Parab
ED attaches over Rs 10-crore assets in resort scam involving ex-Maha minister Anil Parab
Jan 4, 2023
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.
What is the debate over Biodiversity Bill, likely to be tabled in monsoon session of Parliament
What is the debate over Biodiversity Bill, likely to be tabled in monsoon session of Parliament
Jul 12, 2023
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.
Brahmapuram waste plant fire: Kerala Assembly witnesses uproarious scenes, LoP says CM running away from issue
Brahmapuram waste plant fire: Kerala Assembly witnesses uproarious scenes, LoP says CM running away from issue
Mar 13, 2023
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. 
Retail >
Business >
Walmart Remains Poised to Meet Long-Term Growth Targets, Oppenheimer Says
Walmart Remains Poised to Meet Long-Term Growth Targets, Oppenheimer Says
Mar 11, 2026
11:26 AM EST, 01/08/2026 (MT Newswires) -- Walmart ( WMT ) is poised to deliver on its long-term growth plan, Oppenheimer said Thursday in a report. Management remains well positioned to deliver sales growth of 4% and operating income growth of 4% to 8%, supported by gains in alternative revenue, AI benefits and improved e-commerce profitability, the report said. Walmart...
Exclusive-Vitol gets preliminary US license to begin negotiations on Venezuelan oil imports and exports, four sources say 
Exclusive-Vitol gets preliminary US license to begin negotiations on Venezuelan oil imports and exports, four sources say 
Mar 11, 2026
By Arathy Somasekhar, Dmitry Zhdannikov and Shariq Khan HOUSTON, Jan 8 (Reuters) - Vitol, one of the world's largest commodity traders, ‌has received a preliminary special license ​from the U.S. government to ‍begin negotiations to import ⁠and export ⁠oil from Venezuela for 18 months, four ‌sources said on ​Thursday. Vitol would seek to finalize the license and ⁠terms under which...
Colgate-Palmolive 'Well Positioned' vs Peers in Difficult CPG Market, Morgan Stanley Says
Colgate-Palmolive 'Well Positioned' vs Peers in Difficult CPG Market, Morgan Stanley Says
Mar 11, 2026
11:26 AM EST, 01/08/2026 (MT Newswires) -- Colgate-Palmolive ( CL ) is well-positioned versus peers in a difficult consumer packaged goods environment, Morgan Stanley said in a note Thursday. The company's organic sales growth is likely to accelerate modestly above peer levels in 2026 after a difficult 2025, supporting by easier comparisons, strength in emerging markets, improving trends in the...
Toll Brothers' Shares Not Factoring Untapped Earnings Potential, Oppenheimer Says
Toll Brothers' Shares Not Factoring Untapped Earnings Potential, Oppenheimer Says
Mar 11, 2026
11:23 AM EST, 01/08/2026 (MT Newswires) -- Toll Brothers ( TOL ) is one of the most compelling companies in the homebuilding sector amid its underappreciated earnings power, Oppenheimer said in a note emailed Thursday. The firm said it sees an upside EPS case of $13.77 for the company backed by higher profitability and share buybacks in 2026. Meanwhile, a...
Economy >
Cryptocurrency >
If Trump Is to Fire SEC Chair Gensler on Day 1, Why Isn’t Ripple (XRP) Surging Today?
If Trump Is to Fire SEC Chair Gensler on Day 1, Why Isn’t Ripple (XRP) Surging Today?
Nov 6, 2024
The votes are in, and its now official that the 47th US President will be the 45th one Donald J. Trump. Now, the crypto industry will wait to see if he will follow through on his multiple promises to let it thrive and support it in various ways. One of those promises made during the Nashville Bitcoin Conference earlier this...
Bitcoin Whales Withdraw $132M from Binance Following Trump’s Victory
Bitcoin Whales Withdraw $132M from Binance Following Trump’s Victory
Nov 6, 2024
Donald Trump has won the US presidency, achieving a decisive victory in swing states and surpassing the 270 electoral votes needed. Despite a heated campaign marked by two assassination attempts, Trump will become the second Republican in 20 years to secure a second term, while his opponent, Kamala Harris, received 224 electoral votes. A strong crypto advocate as of late,...
Here’s When the Ripple (XRP) Price Can Say ‘Goodbye’ to $1 for Good (Analyst)
Here’s When the Ripple (XRP) Price Can Say ‘Goodbye’ to $1 for Good (Analyst)
Nov 6, 2024
TL;DR XRP lagged behind other assets despite a market rally tied to Trump’s win. However, some analysts remain hopeful for a breakout if it clears key price levels. Ripples CEO Brad Garlinghouse welcomed the Trump victory, calling for changes like replacing SEC Chair Gensler and clarifying Ethereum’s regulatory status. XRP is Late for the Party Again The cryptocurrency market has...
Polymarket Bettor to Earn $29M as Trump Declares Victory
Polymarket Bettor to Earn $29M as Trump Declares Victory
Nov 6, 2024
With the U.S. election outcome imminent, Polymarket has seen significant interest from anonymous high-stakes bettors wagering millions on former President Donald Trump’s victory. The offshore crypto-based betting platform shows that one notable bettor stands to earn as much as $29 million if the Republican candidate wins the election. Its worth noting that while Trump indeed proclaimed victory, it still hasnt...
Forex >
Copyright 2023-2026 - www.financetom.com All Rights Reserved