Market News & Analysis

Market Analysis and News

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Gold is edging higher towards $2400 psychological level
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17 May 10.28

Gold is edging higher towards $2400 psychological level

Gold is bouncing back towards the $2400 psychological level after slightly weaker US macroeconomic data was released this week.

The world's largest retailer - Walmart, will release its earnings today.
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16 May 01.09

The world's largest retailer - Walmart, will release its earnings today.

The markets imply a 4.06% move in Walmart’s stock price on the day of the company’s earnings announcement.

LATEST ANALYSIS
Gold is edging higher towards $2400 psychological level
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17 MAY clock 10:28

Gold is edging higher towards $2400 psychological level

Gold is bouncing back towards the $2400 psychological level after slightly weaker US macroeconomic data was released this week.
The world's largest retailer - Walmart, will release its earnings today.
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16 MAY clock 13:09

The world's largest retailer - Walmart, will release its earnings today.

The markets imply a 4.06% move in Walmart’s stock price on the day of the company’s earnings announcement.
BTC displays caution as the markets are getting ready for US CPI release.
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15 MAY clock 10:26

BTC displays caution as the markets are getting ready for US CPI release.

Higher than expected inflation may contribute to the Fed's potential decision to keep interest rates higher for longer. High interest rates can have a negative impact on riskier assets, including crypto.
USDInd rebounds ahead of Fed Chair Powell’s speech
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14 MAY clock 10:39

USDInd rebounds ahead of Fed Chair Powell’s speech

The USD Index continues to consolidate within 105.093-105.827 range ahead of Fed Chair Powell’s speech today (May 14) and key U.S. macroeconomic data scheduled for release today and tomorrow (May 14-15).
GBPUSD bulls are trying to move closer to 200-period SMA
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13 MAY clock 11:49

This Week: GBPUSD bulls are trying to move closer to 200-period SMA

Stronger than expected wage data could push cable up to its 50-day simple moving average at ~1.2599, while softer numbers might see the major pull back towards 1.24.
Oil heads toward $85/bbl on Increasing Odds of US Rate Cuts
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10 MAY clock 13:14

Oil heads toward $85/bbl on Increasing Odds of US Rate Cuts

Oil bulls are pushing the BRN upwards towards $85/bbl after the higher-than-expected U.S. initial jobless claims report, which could contribute to the highly anticipated interest rate cuts by the Fed.
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