CPI-driven moves point to near-term stability – MUFG
Lee Hardman at MUFG reports that the US Dollar’s initial post-CPI weakness quickly reversed, with the dollar index returning to around 100.00 as markets trimmed but did not abandon expectations for a September Fed hike. July CPI matched consensus, with energy driving headline gains while core inflation remains contained. MUFG expects the Fed to leave […]
Citi upgrades Suzuki Motor stock rating on India sales strength
Citi upgrades Suzuki Motor stock rating on India sales strength Source link
Gold Price Forecast: XAU/USD clings to 100-day SMA, with upside risks intact – FXStreet
Gold Price Forecast: XAU/USD clings to 100-day SMA, with upside risks intact FXStreet Source link
British Pound drifts away from 1.3500 as weak UK Industrial Production offsets bright GDP data
The British Pound (GBP) treads water against the US Dollar (USD), trading practically flat, a few pips below the 1.3500 level on Thursday’s early London session. The bright UK second quarter Gross Domestic Product (GDP) release has been offset by downbeat factory output figures, while the US Dollar keeps wavering within range, as Federal Reserve (Fed) […]
China’s Lenovo posts 43% jump in Q1 revenue, highest in five years
China’s Lenovo posts 43% jump in Q1 revenue, highest in five years Source link
Gold Price Forecast: XAU/USD Holds Above 100-Day SMA As Upside Risks Persist – Bitcoin World
Gold Price Forecast: XAU/USD Holds Above 100-Day SMA As Upside Risks Persist Bitcoin World Source link
XAG/USD wobbles around $65.40, easing hawkish Fed bets strengthen outlook
Silver price (XAG/USD) trades in a tight range at around $65.40 during the Asian trading session on Thursday. The Silver price struggles for a direction; however, an expected slowdown in United States (US) inflationary pressures in July has improved its outlook. On Wednesday, the US Bureau of Labor Statistics reported that the headline Consumer Price […]
Anthropic in talks to buy AI startup Decart for about $6 bln – Bloomberg
Anthropic in talks to buy AI startup Decart for about $6 bln – Bloomberg Source link
Gold Price Forecast: XAU/USD Awaits US CPI Inflation For Next Big Move – Bitcoin World
Gold Price Forecast: XAU/USD Awaits US CPI Inflation For Next Big Move Bitcoin World Source link
U.S. stock futures flat after in-line CPI, upbeat tech earnings
U.S. stock futures flat after in-line CPI, upbeat tech earnings Source link
