• August 13, 2024

Hedge Fund Mount Lucas Sells Treasuries as Fed Bets Gone Too Far

(Bloomberg) -- Investors have little room to take advantage of the rally in US Treasuries now, with the Federal Reserve unlikely to cut rates as aggressively as the market expects, according to Moun...

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• August 13, 2024

UK Unemployment Rate Falls Unexpectedly, but Major Concerns Reappear

UK Jobs, GBP/USD News and Analysis UK unemployment rate drops unexpectedly but it's not all good news GBP receives a boost on the back of the jobs report UK infl...

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• August 12, 2024

Oil Slips After Five-Day Rally as OPEC Trims Demand Forecasts

(Bloomberg) -- Oil slipped after a five-day advance, with a likely escalation in the Middle East conflict offset by signs of weakening global demand growth. West Texas Intermediate fell below $80...

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• August 12, 2024

Gold IG Client Sentiment: Our data shows traders are now net-short Gold for the first time since Jul 19, 2024 when Gold traded near 2,400.62.

Number of traders net-short has increased by 33.84% from last week. SYMBOL TRADING BIAS NET-LONG% NET-SHORT% CHA...

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• August 12, 2024

Alibaba Stock Price Faces Headwinds Ahead of Earnings

​​​China slowdown weighs on Alibaba ​Alibaba reports earnings on 15 August. It is expected to see earnings per share rise to $2.12 from $1.41 in the previous quarter, while revenue is forec...

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• August 12, 2024

Retail Client Sentiment: Gold, Oil, AUD in Focus as Risk Appetite Stabilises

Risk Appetite Attempts a Recovery On Monday we witness a very different start to the trading week than we did last week. It would appear that the short-lived panic has subsided to more reas...

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• August 12, 2024

OPEC cuts oil demand growth forecast, highlighting dilemma over Oct hike

By Alex Lawler LONDON (Reuters) -OPEC on Monday cut its forecast for global oil demand growth in 2024 citing softer expectations for China, a reduction that highlights the dilemma faced by the wi...

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• August 12, 2024

Nasdaq 100, Dow and Dax Continue to Rebound

​​​Nasdaq 100 looks for more gains ​The index finished up on the week, having rallied back above 18,000 as well as holding above the 200-day SMA.​For the moment the buyers remain in control...

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• August 12, 2024

Morning Bid: Markets pray inflation stays well behaved

A look at the day ahead in U.S. and global markets from Mike Dolan Off-radar for much of the past week's market turbulence, U.S. inflation updates this week will reveal just how much latitude the...

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• August 12, 2024

British Pound (GBP) Latest – BoE Policymaker Warns on Inflation, GBP/USD Analysis

British Pound (GBP) Latest – GBP/USD Analysis BoE hawk Catherine Mann is concerned about wage growth . Sterling's recent revival continues, 200-dsma provides support. ...

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