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Forex
China’s Caixin Services PMI drops to 51.6 in August vs. 52.2 expected
China's Services Purchasing Managers' Index (PMI) fell from 52.1 in July to 51.6 in August, the latest data published by Caixin showed on Wednesday.
The data…
Breaking: Australian Gross Domestic Product grows 0.2% QoQ in Q2 vs. 0.3% expected
Australia’s Gross Domestic Product (GDP) grew 0.2% QoQ in the second quarter (Q2) of 2024 compared with the 0.1% growth in the first quarter, the Australian…
ECB’s Nagel: The great wave of inflation is over
European Central Bank policymaker Joachim Nagel said on Tuesday that "the great wave of inflation is over", adding he will not decide whether to vote to cut…
EUR/USD continues to find a technical foothold, but downside pressure is mounting
EUR/USD managed to keep a hold of 1.1050 on Tuesday, but action is tilted downside.
US PMI figures that flubbed forecasts stoked a fresh bid into the…
Mexican Peso recoups some losses despite ongoing political chaos
Mexican Peso on backfoot as Congress votes on controversial judicial reform.
Morena’s supermajority is expected to pass the bill to the Senate, where they…
Forex Today: The prospects of a US soft landing remain challenged by data
The Greenback regained balance and returned in a strong fashion following Monday’s inconclusive price action amidst the Labor Day holiday, advancing to…
BankNifty (Elliott Wave) will 51700+ be the short term top
BankNifty WaveTalks Update
Patience Rewarded: BankNifty’s Explosive Move Beyond 51404
As discussed in the last idea published on 29th August, it was…
Dow Jones Industrial Average backslides on fresh economic fears
The Dow Jones tumbled 500 points on Monday as investor confidence buckles.
Markets have fallen victim to new recession fears after US ISM figures miss the…
More oil from OPEC+ again from October onwards? – Commerzbank
Despite the current massive production losses in Libya, a media report on Friday, according to which six sources close to OPEC indicated that the eight OPEC+…
Could Intel be kicked out of the Dow Jones index?
An analyst at the Carson Group thinks Intel is likely to be dropped from the Dow Jones.
INTC shares are down 6% on Tuesday and 59% for the year.
Intel is…