market-News Archives - Page 2 of 22 - 0724WRB

2025-08-08 10:04:00 admin

Japanese Yen (JPY) and Australian Dollar (AUD) Outlook: Key Factors Driving Forex Markets – Spending Data, Turnover Trends, and Fed Policy Impact

Key Points:Japanese household spending is expected to drop 3% MoM in June, following a 4.6% surge in May.Australia’s business turnover fell 0.1% in June, with five sectors reporting declines, including retail.Fed commentary later today could sway both USD/JPY and AUD/USD by shifting rate cut expectations.Household Spending Data May Fuel BoJ Rate Hike SpeculationCrucial Japanese household spending figures could fuel speculation about a Q4 Bank of Japan rate hike and influence the USD/JPY pair.Eco

2025-08-08 10:01:00 admin

SEC Ends Gensler Era by Dropping Ripple XRP Appeal as Bitcoin BTC Price Targets $120K – Latest Crypto News

Key Points:SEC and Ripple jointly dismissed all appeals, officially closing the close to five-year XRP legal battle on August 7.Legal clarity revives hopes for XRP-spot ETF approvals, with Polymarket odds now at 89% post-case dismissal.BlackRock’s potential XRP ETF filing could be a game-changer, echoing its success in BTC and ETH ETFs.SEC and Ripple File Joint Dismissal of Appeals – Case ClosedThe four-and-a-half-year SEC vs. Ripple case concluded, ending the SEC’s longest-running case against

2025-08-07 20:05:00 admin

Gold Price Prediction XAUUSD: Will Bulls Defend 50-Day Moving Average as Fed Rate Cut Expectations Rise?

Gold price rises as safe-haven demand returns. Tariffs and Fed rate cut bets support XAU/USD above key 50-day moving average.Safe-Haven Demand Lifts XAU/USD—Can It Hold Above the 50-Day Moving Average?Daily Gold (XAU/USD)Spot gold extended gains on Thursday as traders responded to renewed safe-haven demand, driven by the implementation of aggressive U.S. tariffs and mounting expectations for Federal Reserve rate cuts.At 11:01 GMT, XAU/USD is trading $3373.57, up $4.300 or +0.13%.The yellow metal

2025-08-07 20:01:00 admin

Silver Price Forecast 2024: Will Fed Rate Cuts Push XAG to $39.53? Latest Rally Analysis

Silver bounces off key support as traders eye dovish Fed and weak dollar. Will XAG/USD break above $39.53? Get the full silver outlook and price forecast.Silver Holding Firm as Fed Bets and Tariff Turmoil Drive Safe-Haven FlowSilver prices are tracking higher, riding the coattails of renewed safe-haven demand sparked by aggressive U.S. trade policy and rising expectations for Federal Reserve rate cuts. While gold remains the headline mover, silver’s correlation to the same macro forces—and its d

2025-08-07 19:08:00 admin

Altcoins Outperform Bitcoin as Stock Market Rally Fuels Crypto Growth – Key Trends Explained

Bitcoin is approaching $115K on Thursday morning, reinforcing confidence in a rebound from the 50-day moving average in the first days of the month.Bitcoin Nears $115K Amid Narrow Range Trading and Key Breakout LevelsThe crypto market increased its capitalisation by almost 1% over the past day to $3.76 trillion. This smooth recovery is consistent with the growing appetite in the stock markets, where the Nasdaq100 is approaching peak values, trading just over 1% below its historical highs. The gr

2025-08-07 19:05:00 admin

Chip Stocks Surge in Pre-Market Trading as US Tariff-Free Production Forecast Boosts Nasdaq 100

Key Points:Chip stocks surge pre-market as investors bet on U.S. exemption deals under Trump’s new 100% China tariff policy.Apple leads with a 3.1% gain after pledging $100B in U.S. investments and securing tariff protection.Nvidia and AMD benefit from U.S. investment alignment, attracting bullish sentiment and analyst upgrades.Chip Stocks Rally Pre-Market as Investors Bet on Tariff ExemptionsDaily iShares Semiconductor ETFSemiconductor stocks are rising sharply in pre-market trading Thursday, d

2025-08-07 19:01:00 admin

Oil Price Volatility Ahead as Market Stalls Between Key 50-Day and 200-Day Moving Averages – Latest Analysis

Key Points:Crude oil futures are trapped between the 50- and 200-day moving averages, signaling a potential breakout setup.A sustained move above $65.30 could push WTI toward $67.08, while a drop below $64.09 risks acceleration to $62.69.Trump-Putin talks and looming U.S. sanctions on Russia are injecting fresh geopolitical risk into the crude oil outlook.Oil Prices Hold Steady as Traders Eye Moving Averages, Geopolitics, and InventoriesDaily Light Crude Oil FuturesCrude oil futures are inching

2025-08-07 17:04:00 admin

WTI Crude Oil Prices Rebound as Supply Concerns Drive Market Volatility – Natural Gas and Oil Forecast Update

Key Points:WTI crude rebounds to $65 after five-day slump, fueled by supply fears and a surprise 3M barrel U.S. inventory draw.Saudi Arabia hikes Asia-bound oil prices for September, signaling strong demand and tightening global supply conditions.Natural gas stalls below $3.11 as technical resistance from trendline and 100-EMA caps bullish breakout attempts.Market OverviewWTI crude rebounded to near $65 per barrel, snapping a five-day decline, as renewed geopolitical tensions reignited supply co

2025-08-07 17:01:00 admin

First Light News: Impact of New Tariffs and Bank of England Rate Cut Expectations on Forex Markets

The Bank of England (BoE) takes centre stage today at 11:00 am GMT. As I am sure you are aware, the central bank is forecast to reduce the bank rate by 25 basis points (bps).Tariffs Come Into Effect WorldwideUS President Donald Trump’s reciprocal tariff policy has come into effect, with rates ranging from 10% to 50%. Brazil finds itself bearing the heaviest burden – a staggering 50% aggregate tariff rate that marries a 10% reciprocal levy with a punitive 40% surcharge stemming from the judicial

2025-08-07 16:07:00 admin

US Dollar Weakens Against GBP and EUR as Rate Cut Expectations Grow – Key Levels to Watch for GBP/USD and EUR/USD

Key Points:US Dollar Index stalls at 98.20 after a 0.5% drop, as weak NFP data revives September rate cut speculation.CME FedWatch Tool shows 95% chance of a 25bps Fed rate cut in September, up from 48% last week.Trump to announce next Fed Chair soon; dovish pick could add further downside pressure on the dollar.Market OverviewDuring Thursday’s Asian session, the U.S. Dollar Index (DXY) held near 98.20, stabilizing after a 0.5% drop in the prior session. The move followed softer-than-expected U.

Category: market-News