Gold Forecast: Attacking $1800 Level
Gold markets rallied a bit on Friday to reach toward the $1800 level in the spot market. It’s worth noting that…
In difficulty, SAS obtains a loan of 700 million dollars
Placed since the beginning of July under the bankruptcy regime in the United States, the Scandinavian airline SAS announced on…
Oil: Saudi Aramco posts record net profit of $48.4 billion in second quarter
Saudi oil giant Aramco reported record second-quarter net profit of $48.4 billion on Sunday, propelled by soaring crude prices following…
New highs for US stocks. The Nasdaq continues to lead
The major US stock indices are trading to new session highs with the NASDAQ index leading the way with a…
Gold Technical Analysis: Price of Gold Stops its Gains
The decline in US inflation rates, stronger than expected, negatively affected the path of expectations of raising US interest rates…
PBOC sets USD/ CNY reference rate for today at 6.7413 (vs. estimate at 6.7432)
People’s Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead. USD/CNY is the onshore…
USD/CNH: DOOR OPEN TO A TEST OF 6.7100 – UOB
FX Strategists at UOB Group Lee Sue Ann and Quek Ser Leang hint at the possibility that USD/CNH could drop to 6.7100…
EUR/USD: BULLS REMAIN IN CONTROL ABOVE 1.0300
EUR/USD fades the initial knee-jerk and regains 1.0300. The dollar remains offered in the wake of US CPI results. US…
Nvidia not doing so well as they temper expectations
The major US stock indices are getting back some of their gains in premarket trading as Nvidia sends shockwaves as…
Switzerland July seasonally adjusted unemployment rate 2.2% vs 2.2% expected
Prior 2.2% The unadjusted jobless rate is also seen steady at 2.0%, reaffirming solid labour market conditions upon the pandemic…