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Risk sentiment fades as Nasdaq breaks lower

Markets are losing momentum across the board. Stocks are weaker and the positive risk sentiment is fading, but interestingly the US Dollar is also losing some of its recent strength. This creates a mo ...

Eurozone Harmonized Index of Consumer Prices (MoM) came in at 0.2% below forecasts (2.8%) in July

Eurozone Harmonized Index of Consumer Prices (MoM) came in at 0%, below expectations (2.8%) in July

United States Dollar Index slumps in countdown to FOMC minutes

The US Dollar (USD) trades lower against its major currency peers on Wednesday ahead of the Federal Open Market Committee (FOMC) minutes of the July policy meeting, which will be published at 18:00 GM ...

South Africa Consumer Price Index (MoM) declined to 0.2% in July from previous 0.7%

South Africa Consumer Price Index (YoY) below forecasts (4.5%) in July: Actual (4.3%)

Equities: Chip-led selloff under stagflation pressure – Deutsche Bank

Deutsche Bank strategists note that global equities endured another difficult session as rising yields and higher Oil reinforced a stagflationary backdrop. US indices, led by chip stocks and the NASDA ...

iQSTEL Inc. (IQST) reports Q2 loss, tops revenue estimates

iQSTEL Inc. (IQST - Free Report) came out with a quarterly loss of $0.38 per share versus the Zacks Consensus Estimate of a loss of $0.23. This compares to a loss of $0.82 per share a year ago. These ...

Silver Price Forecasts: XAG/USD tests levels sub-$63.00 as bearish pressure mounts

Silver (XAG/USD) trades lower for the second consecutive day on Wednesday, exploring prices below the $63.00 level at the time of writing, after a reversal from the $66.50 area on Tuesday.

NZD/USD Price Forecast: Weakens below 0.5900, but staying supported above 100-day SMA

The NZD/USD pair trades with mild losses around 0.5875 during the early European session on Wednesday. Escalating tensions in the Middle East boost a safe-haven currency such as the US Dollar (USD) an ...

Equities: Defensive rotation with higher yields – Danske Bank

Danske Research Team reports a marked drop in global equities, with the S&P 500 and Stoxx 600 down 0.7% on Tuesday. After a period of value-versus-growth rotation, flows shifted toward defensive secto ...

United Kingdom Producer Price Index - Output (YoY) n.s.a below forecasts (3.2%) in July: Actual (3.1%)