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%...

01:08 PM EDT, 08/30/2024 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded fund IWM was lower while IVV was higher. Actively traded Invesco QQQ Trust (QQQ) rose 0.4%. US equity indexes were mixed after midday Friday as investors weighed the Federal Reserve's preferred inflation data for July. Energy iShares US Energy ETF (IYE) and Energy Select Sector SPDR (XLE) each...

01:51 PM EDT, 08/30/2024 (MT Newswires) -- Financial stocks edged higher in Friday afternoon trading with the NYSE Financial Index advancing marginally and the Financial Select Sector SPDR Fund (XLF) up 0.1%. The Philadelphia Housing Index shed 0.3%, and the Real Estate Select Sector SPDR Fund (XLRE) was 0.1% up. Bitcoin (BTC-USD) declined 1.5% to $58,461, and the yield for...

01:39 PM EDT, 08/30/2024 (MT Newswires) -- Catheter Precision ( VTAK ) said Friday that it priced an underwritten public offering of 347,277 common-stock units and 2.8 million pre-funded warrant units at $1.00 per unit and $0.9999 per unit, respectively, for gross proceeds of about $3.1 million. Shares sank 56% as intraday trading volume catapulted to more than 2.22 million...

01:52 PM EDT, 08/30/2024 (MT Newswires) -- Tech stocks rose Friday afternoon with the Technology Select Sector SPDR Fund (XLK) adding 0.4% and the SPDR S&P Semiconductor ETF (XSD) gaining 0.9%. The Philadelphia Semiconductor index climbed 1.4%. In corporate news, Intel ( INTC ) is working with Morgan Stanley (MS) and Goldman Sachs (GS) on strategy, including the prospect of...

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.

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 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.

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 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.

TOKYO, Sept 17 (Reuters) - The new classification of 7-Eleven's parent company as core to Japanese national security will not raise hurdles to a potential buyout, Japan's finance minister said on Tuesday, comments that appeared aimed at easing investor concerns about the move. We can't say the core classification makes a buyout more difficult, Suzuki told reporters, days after Seven...

SINGAPORE (Reuters) -Oil prices extended gains on Tuesday as the market eyed U.S. output concerns in the aftermath of Hurricane Francine and expectations of lower U.S. crude stockpiles. Brent crude futures for November rose 34 cents, or 0.5%, at $73.09 a barrel at 0420 GMT. U.S. crude futures for October climbed 49 cents, or 0.7%, at $70.58 a barrel. Both...

SINGAPORE (Reuters) -The dollar traded near its lowest levels of the year on Tuesday, on the eve of the expected start to a U.S. easing cycle that markets are betting may begin with an outsized rate cut. The euro hovered around $1.1123 in the Asia session, not far from the year's high of $1.1201. The yen made a jaunt to...

TOKYO (Reuters) -The new classification of 7-Eleven's parent company as core to Japanese national security will not raise hurdles to a potential buyout, Japan's finance minister said on Tuesday, comments that appeared aimed at easing investor concerns about the move. We can't say the core classification makes a buyout more difficult, Suzuki told reporters, days after Seven & i Holdings...

El Salvador and Iceland are hotspots to watch out for as world wakes up to power of cutting-edge geothermal.

The crypto industry has been focussing hard on making the business more environment friendly.

Founded in 2017 by Jaynti Kanani, Anurag Arjun, Sandeep Nailwal and Mihailo Bjelic as a secondary scaling solution for the Ethereum blockchain, Polygon is building a suite of scaling solutions.

Shark Tank star and Canadian millionaire Kevin O’Leary, who has always been bullish on Bitcoin, expressed how the adoption of green energy by mining companies could reduce fossil fuel usage and trigger a wider acceptance of sustainable energy