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Forex
Breaking: US ISM Services PMI drops to 50.1 in July
The US ISM Services PMI missed consensus in July.The US Dollar clings to its daily gains on Tuesday.Data from the Institute for Supply Management (ISM) showed…
W&T offshore Q2 loss narrower than expected, revenues decline Y/Y
Key takeaways
WTI reports Q2 loss of $0.08 per share, better than expected but worse than last year's $0.05 loss.
Revenues fall to $122.4M from…
US Dollar Index consolidates above 98.50 amid mixed US PMI signals
The US Dollar Index steadies above 98.50 after a modest rebound from Friday’s post-NFP slide.S&P Global Composite and Services PMIs beat forecasts,…
BP dividend boost sends shares to 4-month highs
There was some rare good news for BP today as underlying Q2 profits came in ahead of forecasts at $2.35bn, only a modest decline from the $2.75bn a year ago.…
Healthcare expenses in retirement: How to use your IRA wisely
Retirement, that long-awaited moment after a lifetime of work, shouldn't be overshadowed by the anxiety of medical expenses.Yet for many Americans,…
Elliott Wave perspective: Dow futures (YM) nearing final push before significant retreat
The Dow Futures (YM) cycle, initiated from the April 2025 low, has reached a mature phase and could conclude soon. We anticipate one final push higher to…
Jio financial services Elliott Wave update: Wave (5) in progress
JIOFIN resumes its bullish trend after completing a correction near 198.47 INR. The stock is now advancing in wave (5) of a larger Elliott Wave sequence.…
US President Trump: We are getting very close to a deal with China
In an interview with CNBC on Tuesday, United States (US) President Donald Trump said that they are getting very close to reaching a trade deal with China and…
Gold rebounds from key support near $3,350 as Fed cut bets limit downside
Gold bounces off intraday lows near $3,350 as rate cut bets keep yields and the US Dollar subdued, limiting downside pressure.US Treasury yields and the US…
Gold Price Forecast: XAU/USD returns above 20-day EMA as Fed dovish bets soar
Gold price rebounds above the 20-day EMA amid accelerating Fed interest rate cut bets.Soft US NFP data has weighed heavily on US Treasury yields.Gold price…