WTI edges higher to near $78.50 due to drawdown in US inventories, Canada wildfires
West Texas Intermediate (WTI) crude Oil price retraces its recent losses, trading around $78.30 per barrel during Wednesday's Asian session. The advance of the crude Oil prices could be attributed to ...
Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Worldcoin — Asian Wrap 15 May
Bitcoin (BTC) price continues to glide along an ascending trendline on the four-hour time frame. Meanwhile, the GameStop saga ...
Dollar, bond yields slide on US PPI revision
The benchmark US 10-Year Treasury yield tumbled to 4.44% from 4.50% yesterday following a downward revision in US March Producer Prices. While April’s US PPI rose 0.5%, March’s PPI was revised down to ...
US CPI data expected to show slow progress towards 2% target
Inflation in the United States (US) is forecast to rise at an annual pace of 3.4% in April, at a slightly softer pace than ...
Elliott Wave expects Bank of America (BAC) to continue higher [Video]
Short term Elliott Wave in Bank of America (BAC) shows incomplete bullish sequence from 4.16.2024 low. Up from there, wave (1) ended at 38.49. Dips in wave (2) unfolded as a zigzag structure. Down ...
Australian Dollar gains ground due to risk-on mood, US CPI awaited
The Australian Dollar (AUD) remains steady with a positive sentiment despite the lower-than-expected Wage Price Index (Q1) released on Wednesday by the Australian Bureau of Statistics. This index ...
OpenAI parts ways with cofounder and chief scientist Ilya Sutskever
OpenAI cofounder Ilya Sutskever is exiting the firm for reasons not disclosed yet. Jakub Pachocki replaces Sutskever, taking the baton after running many of OpenAI’s most important projects, Altman ...
PBoC keeps Medium-term Lending Facility (MLF) rate unchanged at 2.5%
The People’s Bank of China (PBOC), China's central bank kept the one-year Medium-term Lending Facility (MLF) rate steady at 2 ...
PBoC sets USD/CNY reference rate at 7.1049 vs 7.1053 previous
The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Wednesday at 7.1049 as compared to the previous day's fix of 7.1053 and 7.2279 Reuters estimates.
EUR/USD holds above 1.0800 ahead of Eurozone GDP, according to US CPI data
The Australian Dollar registered gains against the US Dollar on Tuesday, even though inflation in the United States edged, spurring hawkish remarks by Fed Chair Jerome Powell. The AUD/USD trades near ...
Sonne Finance suspends all Optimism markets after over $20 million exploit
Several market watchers have indicated that Sonne Finance has been exploited for close to $20 million on Optimism, with the ...
All-time highs in sight: The critical signals you can’t ignore in S&P 500 [Video]
There is no shortage of bullish setup while the market is still grinding up. However, I am paying close attention to any potential reversal from the key levels due to the volume analogue as discussed ...