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Forex
Magnificent Seven ETF (MAGS) set to end cycle from April 2025 low
The Magnificent Seven ETF (MAGS) is an exchange-traded fund that tracks the performance of seven leading U.S. technology companies. These companies are often…
IRFC Elliott Wave analysis: Wave II correction nearing completion before major bullish rally
Indian Railway Finance Corporation Ltd. (IRFC) is correcting within a double three Elliott Wave pattern in wave II after completing a strong five-wave rally in…
WTI Price Forecast: Oil eases after failed attempt to reclaim $63 handle
WTI edges lower on Monday, trimming earlier gains after facing stiff resistance near $63.00.OPEC+ agrees to raise output by 137,000 bpd from October 2025,…
Gold rallies rallies toward $3,650 on safe-haven demand and Fed easing bets
Gold hits fresh record highs above $3,600 as safe-haven demand and Fed rate cut bets drive momentum.Markets fully price in a September Fed rate cut after…
Australia Forex Today: Australian Dollar extends gains ahead of Consumer Confidence
The Australian Dollar (AUD) starts the week on a positive note against the US Dollar (USD), with AUD/USD trading around 0.6590, up approximately 0.5% over the…
Costco Q4 sales hit $84.4B: What’s fueling the 8% revenue growth?
Costco Wholesale Corporation (COST) reported a robust financial performance for its fourth quarter of fiscal 2025 with net sales reaching $84.4 billion, an 8%…
AUD/USD jumps to six-week high as weak US NFP cement Fed cut
AUD/USD hits 0.6588 peak after the US adds just 22K jobs in August, well below 75K forecast.Unemployment rate rises to 4.3% as wage growth steadies; traders…
US: We now expect a 50bps Fed cut in September – Standard Chartered
August non-farm payrolls rose just 22k, well below the 75k consensus; three-month average is now 29k. The unemployment rate rose to 4.3%, breaking above its…
With Q3 earnings rally, it’s time for Broadcom to replace Tesla in Magnificent 7
Broadcom's massive Q3 report makes it a prime target for Mag7 inclusion.It should replace Tesla as the latter has a lower valuation and profit…
US Treasury Secretary Scott Bessent says the Fed must re-establish its credibility
United States (US) Treasury Secretary Scott Bessent warned that the Federal Reserve (Fed) must re-establish its crediblity and trust with the American people…