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Gold draws support from retreating USD; holds above $4,150 as traders await US CPI report
Gold (XAU/USD) ticks higher during the Asian session on Wednesday, holding above $4,150 as traders n...
EUR/USD Price Forecast: Gains ground near 1.1150, US CPI awaited
The Euro (EUR) extends its Tuesday’s strong recovery move to near 1.1210 against the US Dollar (USD)...
RBA holds at 4.35%: What AUD/USD needs next
The Reserve Bank of Australia held the cash rate at 4.35%, with all nine board members voting to leave policy unchanged. The decision itself was expected. The more useful signal came from why the Bank ...
Mexico Industrial Output (YoY) came in at 1.7%, above forecasts (1.1%) in June
Mexico Industrial Output (MoM) below forecasts (0.3%) in June: Actual (0.2%)
Brazil IPCA Inflation above forecasts (0.03%) in July: Actual (0.07%)
Nasdaq set to lead tentative Wall Street rebound ahead of July CPI
Ahead of the bell The Nasdaq is expected to lead a tentative recovery on Wall Street when trading gets underway, with investors on edge ahead of the release of July CPI data tomorrow. Nasdaq futures p ...
Best-Performing ETF Areas of Last Week
Gold, space, defense and silver-mining ETFs soared last week as weak jobs data eased Fed rate-hike fears and boosted risk appetite.
Consumer borrowing picked up in June but worrisome trend persists
It appears Americans used some of their tax refunds to pay down credit card debt in May, only to charge the plastic back up in June.
Sea Limited rallies as Q2 revenue beats estimates
US Dollar: CPI keeps USD in tight ranges – OCBC
OCBC’s Sim Moh Siong and Christopher Wong note the US Dollar (USD) softened as Fed hike expectations moderated and the US yield curve steepened.
Swiss Franc holds below 0.8100 US Dollar with US-Iran negotiations deadlocked
The Swiss Franc trades practically flat against the US Dollar (USD) on Tuesday, consolidating halfway through last week’s trading range.
Grandstand unveils a debit card for high-stakes gamblers, sports bettors, and prediction market traders
Apple’s Dip Below $310 is a Great Accumulation Opportunity
Apple just posted its strongest June quarter ever, yet the stock sits 7% lower and traders put even odds on it closing August above $310. Here is why that tension could matter more than the headline n ...