Category: Markets
-
European equities open on a more positive note as risk mood breathes easier for now
•
High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
-
Australia’s Challenger climbs to 1-1/2-year high on bright outlook, annual earnings beat By Reuters
•
By Rajasik Mukherjee (Reuters) – Challenger Ltd shares rose to their highest in about 16 months on Tuesday after the Australian investment manager beat estimates on annual profit, while investors also welcomed its earnings outlook for fiscal 2025. The stock rose about 10% to its highest level since Feb. 20,…
-
Asia FX flat, dollar muted with inflation, economic cues on tap By Investing.com
•
Most Asian currencies were little moved on Tuesday as the dollar held steady ahead of key inflation data due later in the day, while the Japanese yen weakened further ahead of more signals on the economy. Sentiment towards regional currencies remained subdued after a major move towards risk aversion in…
-
UK labour market report in focus in the session ahead
•
Major currencies are still trading mostly flat, with smaller ranges remaining so far today. There will be another tentative session in Europe, with market players watching key US data this week. Here’s a look at the USD pairs and their daily ranges at the moment: Looking ahead to the session…
-
Oil prices dip as OPEC cuts demand forecast, economic cues awaited By Investing.com
•
Oil prices fell in Asian trading on Tuesday, reversing last week’s rally, as a series of economic signals this week raised caution, while OPEC also cut its forecast for demand growth in 2024. Prices rose sharply from their lowest levels in more than seven months as fears of an escalating…
-
Daily Broad Market Recap – August 12, 2024
•
Market price action was mixed at the start of the week, with some traders standing on the sidelines ahead of this week’s data releases while others factored in rising tensions in the Middle East. What assets are you watching closely that have seen increased volatility and price trends? We’re breaking…
-
Forexlive Americas FX news wrap 12 Aug: Geopolitics has the markets on edge.
•
Monday saw the New Zealand dollar perform strongly among major currencies, while the Japanese yen was the weakest. The US dollar ends the day with mixed results, with gains against the Japanese yen and the Canadian dollar, and declines against the Australian and New Zealand dollars. The greenback was little…
-
US stock futures flat amid pre-inflation angst By Investing.com
•
U.S. stock index futures were little changed in overnight trading on Monday after a quiet session on Wall Street as expectations of key inflation data later this week deterred any big trades. But Wall Street appears to have found some calm after last week’s wild swings, as speculation about a…
-
Page Not Found | Forexlive
•
High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
-
Dream Office REIT reports growth amid market challenges By Investing.com
•
Dream Office REIT (TSX: D.UN) has reported a resilient performance in the second quarter of 2024, despite facing headwinds in the Toronto office market. On August 12, 2024, CEO Michael Cooper and CFOs Gord Wadley and Jay Jiang provided insights into the company’s financial and operational progress. The REIT has…
-
TA of the Day: USD/JPY Chills Out And Consolidates But For How Long?
•
the Japanese Yen The pound fell against the US dollar on Monday, after a strong run last week. Markets, especially Japanese ones, were rocked last week by the end of the once-popular yen carry trade, which involves borrowing yen at a low cost to buy other currencies and assets that…
-
US federal budget deficit for July -$244.00 billion versus -$242.00 billion estimate
•
US budget deficit in July: $244 billion, up 10% from a year earlier. The revised deficit would be $45 billion lower due to calendar differences. The deficit increase was mainly due to lower spending on benefits in July. Receipts and Expenses July revenue: $330 billion, up 20% year-over-year; adjusted increase:…
-
Doman Building Materials Q2 results reflect market slowdown By Investing.com
•
Doman Building Materials Group Inc. (DBM), a leading supplier in the construction industry, has reported its financial results for the second quarter of 2024. The company saw a decline in sales by 2.9% year-over-year, earning $689.8 million, with a gross margin percentage of 15.7%. Adjusted EBITDA also fell by 23.4%…
-
Carry trade unwind has more room to run By Investing.com
•
Goldman Sachs strategists believe the recent pullback in the carry trade involving the Japanese yen (JPY) still has a long way to go, despite the big moves we have already seen. The sharp selloff that began late last week has drawn significant attention to how deep the yen carry trade…
-
The NZDUSD has set close support and resistance to start the new week
•
The NZD/USD pair fell at the start of the Asian session, and in the process found support from buyers against its 100-hour moving average. The price rebounded and moved towards its highest level from last Friday’s trading. This high level was stopped before its 100-day moving average and the 61.8%…
-
X hit with Austrian data use complaint over AI training By Reuters
•
VIENNA (Reuters) – Austrian civil rights group NOYB on Monday filed a complaint against social media platform X, accusing the Elon Musk-owned company of training its artificial intelligence using users’ personal data without their consent in violation of European Union privacy law. The group led by privacy activist Max Schrems…
-
Stay bullish on dollar; sell EUR/USD rallies
•
Investing.com – Citi Research has become more bearish on risks, recommending selling any rallies. At 07:00 ET (11:00 GMT), the EUR/USD pair was up 0.1% at $1.0926, after falling about 0.3% over the past week. The U.S. central bank signaled last month that it had become more bearish on risks,…
-
Trade at Your Own Risk (Tolerance)
•
One of the most common discussions about trading is how much risk a trader should take on each trade. Many of them follow the standard 1% to 2% while some of the more aggressive ones sometimes recommend risking up to 5%. What you need to understand is that risk is…
-
Carry trades cleared out, USD/JPY longs dip a toe in the water
•
Markets are struggling with some of the drama of the past two weeks today. Japan is on holiday today, and the US economic calendar is empty, so this is a good time for markets to catch their breath. But what is striking is that the yen has become weaker overall…
-
Synopsys’ $35 billion Ansys deal under UK regulator scrutiny By Reuters
•
The UK’s competition watchdog said on Monday it was examining whether Synopsys (NASDAQ: )’s $35 billion takeover of ANSYS (NASDAQ: ) chip design software maker would affect competition in Britain. The Competition and Markets Authority has not yet launched a formal investigation into the deal. Context In January, Synopsys, a…