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Read more about the article Gold Holds Ground Ahead of FOMC Minutes
Trading

Gold Holds Ground Ahead of FOMC Minutes

The gold spot price (XAUUSD) looks poised for a sixth consecutive session of gains, starting the Wednesday session on the front foot ahead of the crucial FOMC meeting minutes, which…

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February 21, 2024
Read more about the article USDJPY Flat Ahead of the FOMC Meeting Minutes
Trading

USDJPY Flat Ahead of the FOMC Meeting Minutes

The USDJPY pair navigates a murky path today, influenced by conflicting forces. On the one hand, intervention fears linger after Japanese authorities expressed concern about the recent depreciation of the…

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February 21, 2024
Read more about the article SA Inflation: Hot January Reading Burns Imminent Rate Cut Hopes
Market Review

SA Inflation: Hot January Reading Burns Imminent Rate Cut Hopes

South Africa's inflation data for January delivered a bit of a curveball, rising to 5.3% year-on-year, up from 5.1% in December. This unexpected upward tick, although still within the Reserve…

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February 21, 2024
Read more about the article Can the Canadian Dollar’s Strengthening Persist?
Trading

Can the Canadian Dollar’s Strengthening Persist?

The USDCAD currency pair has experienced dynamic movements in response to recent economic data releases and shifting market sentiment. Last week, the pair surged following hotter-than-expected U.S. inflation figures, only…

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February 21, 2024
Read more about the article Anglo American Platinum’s Woes Continue
Trading

Anglo American Platinum’s Woes Continue

In 2023, Anglo American Platinum Limited (JSE: AMS) encountered substantial challenges, with its share price experiencing a notable decline of over 32% throughout the year. Unfortunately, the beginning of the…

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February 21, 2024
Read more about the article Walmart: Will Earnings Spark a Retail Rally or Deflate Hope?
Trading

Walmart: Will Earnings Spark a Retail Rally or Deflate Hope?

Walmart Inc. (NYSE: WMT) stands on the precipice of its crucial Q4 earnings report, poised to unveil its performance amidst a complex retail landscape. Analysts anticipate adjusted EPS of $1.65…

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February 20, 2024
Read more about the article Nasdaq100 Futures Reverses from All-Time High
Trading

Nasdaq100 Futures Reverses from All-Time High

The Nasdaq100 Futures (CME: NQ) have recently faced a shifting landscape, marked by a downturn following the establishment of a new peak earlier this year. Last week, the index futures…

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February 20, 2024
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  • WTI Crude Oil: Bearish Momentum Persists Despite Rebound Attempt

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