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%...

CNBC-TV18 had reported on Thursday siting sources that Alipay, a unit of Jack Ma's Alibaba is looking to sell 29.6 crore shares or 3.4% of the company's overall equity in a block deal.

The Gurugram-based fintech firm is working with DAM Capital Advisors and SBI Capital Markets for preparations of its listing. The company is aiming to file an initial prospectus as soon as next month and a share sale could happen in 2024.

JPmorgan has maintained an 'overweight' rating on Reliance with a target of Rs 2,810 per share, while UBS has maintained a 'neutral' rating on Simens with a target of Rs 3,750 per share.

Fedbank Financial Services IPO listing date: Despite the NBFC's strong track record of growth and profitability, along with its diversified customer portfolio, the lack of enthusiasm among investors could lead to a flat or even negative listing, analysts say.

Russia has repeatedly clashed with foreign technology companies over content, censorship, data and local representation in a simmering dispute that intensified after Moscow sent its armed forces into Ukraine in February 2022.

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

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.

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.

Besides Clapton, Alicia Silverstone, Rob Schneider and Woody Harrelson (who later retracted) have publicly supported RFK Jr, who reportedly said COVID-19 may just be 'ethnically targeted.' The virus targets Caucasians and Black people while sparing Ashkenazi Jewish people and Chinese people, he said at a New York dinner.

British politics is abuzz with musical chairs like excitement. PM Rishi Sunak, who had to remove his outspoken interior minister Suella Braverman for her article on a pro-Palestine march in UK, has brought ex-PM David Cameron — who had lost the top job over Brexit — back into the fresh equation.

India-Canada Tension: While BookMyShow's official statement did not explicitly state the reason behind the cancellation, it confirmed that 'singer Shubneet Singh's Still Rollin Tour for India stands cancelled.' It assured all ticket holders that their money would be refunded in 7-10 working days.

Canadian Prime Minister Justin Trudeau also said on Tuesday (September 19) his government does not seek to 'escalate' tensions with India. This, in the backdrop of the two countries expelling a senior diplomat each.

10:31 AM EDT, 03/22/2024 (MT Newswires) -- S&P Global Ratings said Thursday that it has assigned its B issuer credit rating to Dye & Durham Ltd. ( DYNDF ) . This reflects its relatively small scale, operations in a niche segment of the legal industry, adjusted debt-to-EBITDA of about 6.3x, and concentrated ownership while acknowledging the company's diverse customer base...

MADRID (Reuters) - Workers from Zara, Bershka and other clothing stores owned by fashion giant Inditex protested outside their shops across Spain on Friday to demand better conditions after the group reported record profits and raised shareholder payouts. Outside the flagship Bershka store on Madrid's iconic Gran Via boulevard, demonstrators, mainly women, shouted: That much profit is our sacrifice, among...

CHICAGO, March 22 (Reuters) - Costs are the main obstacle to increasing the use of sustainable aviation fuel (SAF), Exxon Mobil ( XOM ) Senior Vice President Jack Williams said on Friday. SAF, a biofuel made from plant or animal materials including used cooking oil or agricultural waste, can reduce carbon emissions by up to 80% compared with traditional jet...

10:32 AM EDT, 03/22/2024 (MT Newswires) -- Price: 28.50, Change: +0.63, Percent Change: +2.26 ...

Curious to learn how market positioning can affect asset prices? Our sentiment guide holds the insights—download it now! Recommended by Richard Snow Improve your trading with IG Client Sentiment Data AUD/USD: Retail trader data reveals that 78.72% of traders are net-long, with a ratio of 3.70 long traders for every short trader. The number of net-long traders has increased by...

TL;DR Shiba Inu (SHIB) saw a minor daily price increase and significant growth in transactions and new contracts on the Shibarium network. Despite the overall bullish conditions, one analyst warned about a potential 10% price drop. SHIBs Revival The cryptocurrency market has flashed green in the past 24 hours, with multiple digital assets charting substantial gains. The popular meme coin...

While Indian crypto users were granted no relief from the draconian tax rules in the countrys budget for 2024-2025, a discussion paper outlining its policy stance on the industry could be released before September this year. The main objective behind the discussion paper is to gather inputs from relevant stakeholders on the ideas outlined in it. Indias Crypto Discussion Paper...

After a substantial price decline that drove it to a weekly low of under $64,000, bitcoin has recovered most losses and now sits above $67,000. The total crypto market cap has also reclaimed the recently lost ground, as many altcoins have turned green on a daily scale. BTC Rises Above $67K Following last Fridays crash toward $63,000, the primary cryptocurrency...