The U.S. dollar held steady on Friday as the market’s focus turned to Federal Reserve Chair Jerome Powell’s upcoming speech at the Jackson Hole Symposium.
GBPUSD reaches a 2024 high, driven by positive UK economic data and a weaker US dollar ahead of the Jackson Hole event. Explore market implications and short-term trader insights.
Netflix (Symbol: NFLX) continues to assert its dominance in the streaming industry, with its stock reaching new heights, consistent with its increase in advertising revenue.
The Indian rupee is likely to start Thursday’s session with little change, despite the U.S. Federal Reserve’s dovish minutes failing to provide a lift to Asian currencies. The 1-month non-deliverable forward (NDF) suggests the rupee (USDINR) will open close to …
Gold prices have taken a step back from their record highs as traders closely monitor developments around the U.S. Federal Reserve’s rate decisions and upcoming economic data.
Key Points: The dominance of Nvidia in AI infrastructure faces a potential challenge as AMD acquired ZT Systems for $4.9 billion in a bid. The stock price of Nvidia mellowed down as a commercial threat is likely from this acquisition. …
Key Points: The Indian rupee is expected to open flat against the U.S. dollar, following its best day in nearly two months as the dollar index remains near its lowest level of the year. Importers are likely to take advantage …
Key points: Soybean and corn prices rise due to increased demand and promising yield prospects in key U.S. states. Wheat prices gain as concerns grow over Russia’s potential harvest shortfall. Soybean and corn futures on the Chicago Board of Trade …
Key points: Nikkei 225 falls 0.7% as yen strengthens against the dollar, impacting exporter shares. Investors await U.S. employment data revisions, which could drive market volatility if job figures are weaker than expected. Japan’s Nikkei 225 fell 0.7% to 37,805.35 …
Oil prices fall alongside easing Middle East tensions and weaker demand from China. Geopolitical developments and U.S. inventory data remain key drivers.
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