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Forex
Crude Oil gains ground as energy markets hope for US-China trade solutions
WTI is holding above $64.00/barrel on Monday, a seven-week high.Crude Oil markets are betting that summer travel and easing US-China trade tensions will…
Silver Price Forecast: XAG/USD continues to soar amid perfect storm conditions
Silver prices hit fresh 13-year highs on Monday, inching toward $37/oz.US Dollar weakness combined with rate cut and trade deal hopes are bolstering XAG/USD…
AUD/USD strengthens on China’s positive developments ahead of Wespac Consumer Confidence
AUD/USD firms above prior psychological resistance, now support at 0.6500.China’s positive trade data and trade negotiations with the United States contribute…
Bank of America, Citi disagree on equity market direction
US equity indices trade moderately higher on Monday.Citi and BofA view the market differently heading into the summer months.The Trump administration is locked…
USD/JPY trades cautiously as markets focus on US-China trade talks
USD/JPY eases toward 144.00 as trade talks take center stage.The United States and China attempt to restore trade relations, benefiting risk sentiment.Japan…
US Pres. Trump gives negotiators room to lift export controls on China – WSJ
Citing people familiar with the matter, the Wall Street Journal reported on Monday that United States (US) President Donald Trump gave the green light to his…
NY Fed: Year-ahead expected inflation falls to 3.2% in May from 3.6% in April
The Federal Reserve (Fed) Bank of New York noted in its latest Survey of Consumer Expectations that the year-ahead inflation expectation stood at 3.2% in May,…
Stocks climb higher – Will they test February highs?
Will Friday’s advance continue today?
Stocks advanced on Friday, with the S&P 500 gaining 1.03% and closing slightly above the 6,000 level - its highest…
AMZN Elliott Wave technical analysis [Video]
AMZN Elliott Wave technical analysis
Details:
We expect continued upward movement in Minuette wave (iii). After consolidating for about two weeks near the…
Pound Sterling Price News and Forecast: GBP outperforms US Dollar
Pound Sterling outperforms US Dollar, US-China trade talks under spotlightThe Pound Sterling (GBP) rises to near 1.3580 against the US Dollar (USD) during the…