Category: Ahead

  • Yen rises amid fragile sentiment ahead of BOJ, Fed decisions By Reuters

    By Kevin Buckland TOKYO (Reuters) – The yen edged up on Monday, reversing earlier declines, as sentiment remained fragile after the Japanese currency’s best weekly rise since late April following a sharp drop in U.S. technology stocks that sparked demand for safe-haven assets. Traders are now awaiting policy decisions by…

  • UK’s new Treasury chief says previous government ‘covered up’ financial turmoil ahead of election

    Breadcrumbs Path Links BMW PMN Business Article author: Associated Press Danica Kirka Published on July 29, 2024 • Read for 3 minutes You can save this article by registering for free here. Or log in if you have an account. Article Content LONDON (AP) — Britain’s new Chancellor of the…

  • Democrats Write To DNC On Crypto Policy Ahead Of US Elections

    Several Democratic lawmakers and election candidates in the United States have written to the Democratic National Committee (DNC), calling for a change in the party’s approach to the digital asset industry. This development comes as Republican presidential candidate Donald Trump continues to gain popularity as a supporter of cryptocurrencies ahead…

  • Newsquawk Week Ahead: Highlights include FOMC, BoJ, NFP, BoE, ISM Mfg. PMI and OPEC+ JMMC

    Mon: Chinese Industrial Profit (Jun) Tue: Japanese Unemployment Rate (Jun), Australian Building Approvals (Jun), Spanish Flash CPI (Jul), Swiss KoF (Jul), German GDP (Q2), Prelim. CPI (Jul), EZ Consumer Confidence Final (Jul), US JOLTS (Jun) Wed: FOMC Announcement, BoJ Announcement and Outlook Report, BCB Announcement; Chinese NBS PMI (Jul), Australian…

  • ForexLive European FX news wrap: A bit of respite ahead of the US PCE report

    headlines: Markets: Australian Dollar Advances, Yen Lags During the Day European stocks rise; S&P 500 futures up 0.7% The yield on the 10-year US Treasury note fell 1.9 basis points to 4.236%. Gold rises 0.4% to $2,373.24 West Texas Intermediate crude fell 0.3% to $76.85. Bitcoin price rises 3.0% to…

  • Dollar stable ahead of PCE data; euro edges higher, yen slips By Investing.com

    The US dollar was steady in early European trading on Friday ahead of key inflation data, while the euro rose and the Japanese yen fell slightly but remained on track for its strongest week in three months. At 04:00 ET (09:00 GMT), the dollar index, which tracks the greenback against…

  • Commodity Roundup: UBS’s Marcelli sees higher prices ahead despite demand concerns

    Oselot/iStock via Getty Images Concerns about slowing Chinese demand have weighed on commodity prices recently. However, UBS’s chief investment officer still sees commodity prices rising in the future due to strong demand and limited supply, and expects the asset class to offer strong diversification benefits to a portfolio. Context. “We…

  • Asia FX weakens with yuan volatile, dollar steady ahead of PCE data By Investing.com

    Most Asian currencies moved in a flat-to-low range on Friday with the Chinese yuan volatile amid suspected intervention by the People’s Bank of China, while the dollar held steady ahead of key inflation data. Weak risk appetite has seen traders shun most regional currencies this week, while the Japanese yen…

  • Dollar slips ahead of GDP data; euro rises and yen surges By Investing.com

    Investing.com – The U.S. dollar fell on Thursday, the euro posted small gains and the Japanese yen rose to multi-month highs ahead of a Bank of Japan meeting next week. At 05:25 ET (09:25 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was…

  • Asia FX muted as dollar dips ahead of econ. data; yen surges By Investing.com

    Most Asian currencies moved in a flat-to-low range on Thursday as a pullback in equity markets kept traders largely avoiding risk-based assets, while the dollar retreated ahead of key economic indicators in the coming days. The Japanese yen remained an exception, rising to its strongest level against the dollar in…

  • 4 bullish signals are pointing to more stock gains ahead, according to Bank of America

    Spencer Platt/Getty Images Bank of America technical analyst Steven Suttmeyer says the stock market is likely to continue rising. In a note on Tuesday, Suttmeyer highlighted four positive signs that point to a healthy bull market. “The rotation, which is the lifeblood of a bull market, suggests that the S&P…

  • Ethereum Price Climbs To $3,500 Ahead Of Spot ETF Trading In US

    The cryptocurrency market has been abuzz with excitement over the imminent launch of Ethereum exchange-traded funds (ETFs) in the United States, following the long-awaited Ethereum ETF consentThe expectations surrounding these financial instruments have had a significant impact on the price of Ethereum, the second-largest cryptocurrency by market cap. In this…

  • Ethereum Price Climbs To $3,500 Ahead Of Spot ETF Trading In US

    The cryptocurrency market has been abuzz with excitement over the imminent launch of Ethereum exchange-traded funds (ETFs) in the United States, following the long-awaited Ethereum ETF consentThe expectations surrounding these financial instruments have had a significant impact on the price of Ethereum, the second-largest cryptocurrency by market cap. In this…

  • Dollar steady, while yen strengthens ahead of BOJ meeting By Investing.com

    Investing.com – The U.S. dollar was steady in Europe on Tuesday, while the yen rose in the wake of suspected government intervention last week. At 05:40 ET (09:40 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was up 0.1% at 104.067, rebounding from…

  • Another bare calendar day beckons in Europe in the session ahead

    It hasn’t been a quiet summer for the markets so far, but the start of this week is somewhat of the typical summer lull we’ve become accustomed to over the years. We have a blank day on the calendar, or rather, we thank it for it. Similar to yesterday, there…

  • Earnings week ahead: TSLA, GOOG, IBM, AAL, GM, F, VZ, T, and more (NASDAQ:TSLA)

    William Potter As market participants prepare for another busy week on the stock market, a variety of companies across multiple sectors are set to report their quarterly earnings. Big names like Tesla (NASDAQ: Tesla) and the alphabet (NASDAQ:GOG) (NASDAQ:GoogleHeadlines are expected to dominate this week as the week will feature…

  • Newsquawk Week Ahead: Highlights include US PCE, BoC, PBoC LPR, PMI’s and Tokyo CPI

    Monday: Chinese government bonds Tuesday: US Fed Policy Announcement; US Existing Home Sales (June), Richmond Fed (July), Eurozone Consumer Confidence (July) Married: Bank of Canada Policy Announcement and Monetary Policy Report; Japanese Spot PMIs (July), German Spot PMIs (August), European, UK and US Spot PMIs (July) Thursday: CBR Announcement, CBRT…

  • Newsquawk Week Ahead: Highlights include US PCE, BoC, PBoC LPR, PMI’s and Tokyo CPI

    Monday: Chinese government bonds Tuesday: US Fed Policy Announcement; US Existing Home Sales (June), Richmond Fed (July), Eurozone Consumer Confidence (July) Married: Bank of Canada Policy Announcement and Monetary Policy Report; Japanese Spot PMIs (July), German Spot PMIs (August), European, UK and US Spot PMIs (July) Thursday: CBR Announcement, CBRT…

  • Bangladesh extends curfew ahead of court hearing on controversial job quotas By Reuters

    Written by Muhammad Bonir Hussein and Sam Jahan DHAKA (Reuters) – Bangladesh extended a curfew on Sunday to control violent student-led protests that have killed at least 114 people as authorities prepared for a Supreme Court hearing later in the day on government job quotas that have sparked anger. Military…

  • Bitcoin Option Traders Are Betting On A Price Breakout Ahead Of US Elections: QCP Capital

    Bitcoin has been on a steady rise over the past seven days, returning to the $61,000 and $67,000 areas where it spent most of the second quarter. This positive performance comes despite fear, uncertainty and doubt due to speculation about Mt. Gox repaying its customers. Interestingly, recent trading data has…