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Crude Oil Q2 Technical Forecast
Crude Oil Q2 Technical Forecast
Mar 29, 2024
Crude Oil Q2 Technical Outlooks – WTI and Brent WTI Sees Long-Term Trendline Resistance on the Horizon The US benchmark has scaled five-month highs at the time of writing and is closing in on a longer-term downtrend line on its weekly chart. This has capped the market since mid-2022, admittedly with few tests. If unbroken the current uptrend channel will...
British Pound Q2 Technical Outlook
British Pound Q2 Technical Outlook
Mar 29, 2024
Q2 GBP/USD, EUR/GBP, and GBP/JPY Technical Outlooks The British Pound has started re-pricing against a range of currencies after the Bank of England’s shift in tone. Ahead of the March meeting, financial markets had penciled in the first UK rate in mid-Q3 and priced Sterling-pairs accordingly. The shift forward to the June MPC meeting has seen Sterling fall and this...
Australian Dollar Q2 Fundamental Forecast: Long AUD/USD Downtrend May Be Fading at Last
Australian Dollar Q2 Fundamental Forecast: Long AUD/USD Downtrend May Be Fading at Last
Mar 28, 2024
This article focuses on the fundamental outlook for the Australian dollar. If you would like to learn more about technical forecast and price action analysis, download DailyFX’s complete second-quarter forecast by clicking the link below. It's free! Recommended by David Cottle Get Your Free AUD Forecast Australian Dollar Q2 Fundamental Outlook The Australian Dollar has endured a miserable couple of...
Dollar hovers near six-week high ahead of consumer spending data, Powell's remarks
Dollar hovers near six-week high ahead of consumer spending data, Powell's remarks
Mar 29, 2024
Dollar Strengthens Amid Declining Rate Cut Odds The dollar rose in European trade on Friday against a basket of major rivals, maintaining gains for the fourth straight session near six-week highs as the odds of a June Fed interest rate cut decline. Now investors await important US personal spending data later today, in addition to Fed Chair Jerome Powells speech....
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Japan's Nikkei drops over 1% on Wall Street losses, yen strength
Japan's Nikkei drops over 1% on Wall Street losses, yen strength
Mar 3, 2025
TOKYO, March 4 (Reuters) - Japan's Nikkei share average fell more than 1% in early trade on Tuesday, dragged by overnight Wall Street declines and a stronger yen, with U.S. tariffs on Canada and Mexico to take effect as planned later in the day. The Nikkei dropped 1.3% to 37,287.73, as of 0015 GMT, while the broader Topix was down...
Japan's Nikkei slumps as tariff concerns, yen strength unsettle market
Japan's Nikkei slumps as tariff concerns, yen strength unsettle market
Mar 3, 2025
(Updates for midday break) By Brigid Riley TOKYO, March 4 (Reuters) - Japan's Nikkei fell on Tuesday, as markets were jittery about a trade war ahead of U.S. tariffs on Canada and Mexico, while a stronger yen also added to investors' concerns. The Nikkei was down 1.8% at 37,096.51 by the midday break, after briefly dropping to its lowest intraday...
Russian rouble firms towards 89 mark against dollar
Russian rouble firms towards 89 mark against dollar
Mar 4, 2025
March 4 (Reuters) - The Russian rouble strengthened towards 89 against the U.S. dollar on Tuesday, paring losses after four consecutive sessions of depreciation, as markets pinned hopes on the prospect of U.S. sanctions relief for Russia. The United States is drawing up a plan to give Russia sanctions relief as President Donald Trump seeks to restore ties with Moscow...
US stocks face tricky moment as Trump's latest tariffs loom
US stocks face tricky moment as Trump's latest tariffs loom
Mar 3, 2025
(Reuters) -U.S. stocks face a tenuous moment with the arrival of President Donald Trump's latest tariffs. The benchmark S&P 500 is down about 5% from its February 19 all-time closing high as a series of weakening U.S. economic reports has raised concerns about growth. Tariffs are exacerbating the headache. The duties on foreign imports are widely seen by analysts as likely...
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ED attaches over Rs 10-crore assets in resort scam involving ex-Maha minister Anil Parab
ED attaches over Rs 10-crore assets in resort scam involving ex-Maha minister Anil Parab
Jan 4, 2023
The probe pertains to Dapoli resort, which is allegedly illegal. The former minister and Shiv Sena (Uddhav) leader, Anil Parab, allegedly wangled a permit to use land meant for agricultural use. The ED had started the investigation under the the Prevention of Money Laundering Act (PMLA) after a complaint from the Environment Ministry.
What is the debate over Biodiversity Bill, likely to be tabled in monsoon session of Parliament
What is the debate over Biodiversity Bill, likely to be tabled in monsoon session of Parliament
Jul 12, 2023
The new bill exempts registered AYUSH practitioners and people accessing codified traditional knowledge, from sharing benefits with local communities or giving prior intimation to state biodiversity boards before accessing biological resources.
Govt blames inaction by AAP in Punjab, Delhi for bad air quality
Govt blames inaction by AAP in Punjab, Delhi for bad air quality
Nov 6, 2023
Accusing Kejriwal of being busy with election campaigning in poll-bound states and waking up to the situation late, Minister of State for Consumer Affairs, Food, and Public Distribution, Ashwini Kumar Choubey, said that the Centre had held a meeting with Chief Secretaries and senior officials from four North Indian states on 20th October to discuss measures to reduce air pollution, which he claims weren't adopted by the AAP-led governments.
Rajasthan: Gehlot government begins Rs 2,500 cr dam project for Sabarmati, Sei rivers ahead of polls
Rajasthan: Gehlot government begins Rs 2,500 cr dam project for Sabarmati, Sei rivers ahead of polls
Mar 1, 2023
On Tuesday, the Gehlot government invited bids for both projects to build the dams within the next four years. The chief minister had announced both projects in last year’s budget.
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Dundee Q2 Net Earnings Jump, Sells Stake in G Mining
Dundee Q2 Net Earnings Jump, Sells Stake in G Mining
Aug 14, 2024
06:59 AM EDT, 08/14/2024 (MT Newswires) -- Dundee (DC-A.TO), a public Canadian independent holding company, late on Tuesday reported a jump in second-quarter net earnings as net income from portfolio investments rose, driven by an increase in the value of the company's investment in Reunion Gold (RGD.V). Second-quarter net earnings rose to $52.9 million, or $0.58 per share, from $1.8...
New Zealand's Central Bank Drops Plan to Keep Rates Higher for Longer, Says Mitsubishi UFG
New Zealand's Central Bank Drops Plan to Keep Rates Higher for Longer, Says Mitsubishi UFG
Aug 14, 2024
06:56 AM EDT, 08/14/2024 (MT Newswires) -- The New Zealand dollar (NZD) has weakened even more than the US dollar (USD), dropping by about 1% overnight against the Australian dollar (AUD) and the US dollar, said Mitsubishi UFG. It has resulted in the NZD/USD rate falling back towards 0.6000 and the AUD/NZD rising back above 1.1000, wrote the bank in...
Alaska Air, Hawaiian extend review period of proposed deal by a day
Alaska Air, Hawaiian extend review period of proposed deal by a day
Aug 14, 2024
(Reuters) - Alaska Air ( ALK ) said on Wednesday it had agreed to extend by a day the review period of its proposed $1.9 billion acquisition of peer Hawaiian Holdings ( HA ). Alaska and Hawaiian agreed with the U.S. Department of Justice (DOJ) to extend the review period to until 12:01 AM ET on Aug. 16, the Seattle,...
Cardinal Health's Fiscal Q4 Adjusted Earnings, Revenue Increase
Cardinal Health's Fiscal Q4 Adjusted Earnings, Revenue Increase
Aug 14, 2024
06:54 AM EDT, 08/14/2024 (MT Newswires) -- Cardinal Health ( CAH ) reported fiscal Q4 adjusted earnings Wednesday of $1.84 per diluted share, up from $1.43 a year earlier. Analysts polled by Capital IQ expected $1.73. Revenue for the quarter ended June 30 was $59.87 billion, compared with $53.42 billion a year earlier. Analysts surveyed by Capital IQ expected $58.63...
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Bitcoin Dominance Suppresses Altcoin Gains: Will AI Ignite a Rally?
Bitcoin Dominance Suppresses Altcoin Gains: Will AI Ignite a Rally?
May 15, 2024
AI and big data crypto projects and tokens are suffering losses, reflecting a market lacking a clear direction. As a result, the broader altcoin sector is in turmoil as traders eagerly await signals from Bitcoin. A new analysis suggests that the dominance of the worlds largest cryptocurrency is increasing, which is holding back altcoin profits. A decrease in its dominance...
Former FTX Exec Ryan Salame Requests 18 Months Prison Sentence
Former FTX Exec Ryan Salame Requests 18 Months Prison Sentence
May 15, 2024
The lawyers of Ryan Salame, a former executive of the bankrupt cryptocurrency exchange FTX, who pleaded guilty to his role in the firms collapse, have requested that a court sentence their client to 18 months in prison in an upcoming hearing scheduled for May 28. According to a sentencing memorandum seen by Inner City Press, Salames attorneys are asking the...
ShibaSwap 2.0 Goes Live On Shiba Inu’s Layer 2 Blockchain
ShibaSwap 2.0 Goes Live On Shiba Inu’s Layer 2 Blockchain
May 15, 2024
The Shiba Inu ecosystem is migrating its native decentralized exchange to Shibarium in the form of ShibaSwap 2.0. The DEX will now be usable on both Ethereum and Shibarium – the layer 2 blockchain of the SHIB ecosystem focused on scalable, fast, and cheap transactions. Per a press release shared with CryptoPotato, ShibaSwap 2.0 will include new features like improved...
Shiba Inu (SHIB) Price Prediction: 50% Surge Incoming But There’s a Catch (Analyst)
Shiba Inu (SHIB) Price Prediction: 50% Surge Incoming But There’s a Catch (Analyst)
May 15, 2024
TL;DR Shiba Inu (SHIB) has recently risen by 6%, with predictions of further significant increases if it breaks key resistance levels. Analysts are optimistic, with forecasts ranging from moderate gains to potential surges as high as 350% in the near future. SHIBs Next Possible Move The price of the popular meme coin Shiba Inu (SHIB) has recently flashed green, rising...
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