Come for the opening statement highlighting ‘uncertainty’, stay for the press conference highlighting ‘uncertainty’.
This article was written by Adam Button at www.forexlive.com.
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Gold trades flat near $3,369, on track for a weekly loss of nearly 1.90%. Trump backs off immediate Iran action, boosting risk sentiment and denting safe-haven demand. Fed officials split on rate outlook; Waller eyes July cut, Barkin stays cautious. Gold price trades flat on Friday and is poised to end the week with a…
Adverts for bookmakers and online casinos should carry smoking-style warnings, the UK’s leading gambling charity has said, as it warned that a marketing surge during the Euro 2024 football tournament could make it harder for people to cut down or quit. GambleAware called for an end to the industry-approved “Take Time To Think” slogan, which…
Today, 5 November, the U.S. presidential election is underway, and it may serve as a significant driver of volatility for global stock markets. According to EuroNews, heightened market fluctuations are expected throughout the voting period on 5 November, potentially mirroring reactions observed during the Brexit referendum and the 2016 U.S. election. Newsweek notes that historically,…
HP Inc. (HPQ) shares plummeted 11% following the release of its quarterly earnings report: → Earnings per share (EPS): Actual = $0.93, Expected = $0.93→ Revenue: Actual = $14.05 billion, Expected = $13.09 billion While HP Inc.’s reported revenue and EPS aligned closely with analysts’ expectations, the market was disappointed by its forward guidance. According…
The major US stock indices are closing lower with the broader indices down over 1.3% and the Dow 30, down -0.95%. Looking at the closing levels: Dow industrial average -453.19 points or -0.95% at 47501.55 S&P index -90.69 points or -1.33% at 6740.02. NASDAQ index -361.31 points or -1.59% at 22387.68. Russell 2000 of small-cap…
When analysing the oil market on the XBR/USD chart on 4th September, with Brent crude trading near its yearly low, we:→ noted the formation of a descending channel (marked in red);→ highlighted key support (marked in yellow), which has now been broken;→ suggested the likelihood of an interim upward correction, potentially rising to $74.50. Since…