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Forex
Significantly lower Swiss Gold exports to India – Commerzbank
The record high price level is having a dampening effect on demand for Gold in Asia, as shown by data on Switzerland's Gold exports for September published…
EUR/GBP Price Analysis: Bulls attempt recovery and clear daily losses from multi-year lows
EUR/GBP attempts to recover from the recent pullback to lows since April 2022.
RSI indicates buying pressure is recovering, while MACD shows flat buying…
Oil prices fall drastically – Commerzbank
Provided there is no renewed escalation of tensions in the Middle East, oil prices are likely to retreat further due to weaker fundamental data, Commerzbank…
Silver Price Forecast: XAG/USD skyrockets as buyers eye $33.00
Silver surges past $32.00, driven by falling US Treasury yields, with prices up 2.26% during the North American session.
The RSI indicates growing bullish…
OPEC remains much more optimistic about oil demand than IEA – Commerzbank
Both OPEC and the IEA revised their oil demand forecasts downwards again this week, Commerzbank commodity analyst Carsten Fritsch notes.
Oil market to face a…
American Express sells off on lower full-year revenue guidance
AXP stock slips 5% on topline weakness in third quarter.
Full-year revenue guidance guided down to low end of prior range.
American Express bested…
Pound Sterling gains on unexpected growth in UK Retail Sales
The Pound Sterling rebounds from 1.3000 against the US Dollar as UK monthly Retail Sales unexpectedly rose by 0.3%.
Upbeat Retail Sales data could influence…
Crude Oil fades in US trading session on Friday with downside pressure active
Crude Oil falls to $69.00 into the US trading session.
US Crude production arose to a whopping 13.5 million barrels per day, according to Bloomberg.
The…
Micron Technology Inc (MU) ended the cycle from December 2022 low
Micron Technology, Inc. (MU) designs, develops, manufactures, and sells memory and storage products worldwide. The company operates through four segments:…
US Dollar sees fades picking up speed with Fed-packed US trading session getting underway
The US Dollar sees fade broaden on Friday after a steep ride higher.
Traders see China stepping up measures with deposit rate cuts and more stimulus…