Oil prices to stay steady as China demand woes offset Mideast risks- Reuters poll
By Rahul Paswan and Kavya Balaraman (Reuters) – Oil prices will not change much in the second half of 2024 as concerns around demand from China and prospects of higher…
USDJPY: Elliott wave analysis and forecast for 28.06.24 – 05.07.24
Main scenario: consider long positions from corrections above the level of 157.50 with a target of 165.00 – 170.00. Alternative scenario: breakout and consolidation below the level of 157.50 will…
GBPUSD: Elliott wave analysis and forecast for 28.06.24 – 05.07.24
Main scenario: upon correction, consider long positions above the level of 1.2515 with a target of 1.3145 – 1.3740. Alternative scenario: breakout and consolidation below the level of 1.2515 will…
Climate activists plan protests at Citi’s New York headquarters
By Makailah Gause (Reuters) – Climate activists are planning a march targeting Citigroup’s headquarters in New York on Friday, part of what they call a “Summer of Heat” campaign. More…
Morning Bid: Parsing Biden TV flop, France poll, PCE time
A look at the day ahead in U.S. and global markets from Mike Dolan If TV debates decided elections, world markets seem remarkably calm about the prospect of a Donald…
EURUSD: Elliott wave analysis and forecast for 28.06.24 – 05.07.24
Main scenario: consider long positions from corrections above the level of 1.0612 with a target of 1.0978 – 1.1141. Alternative scenario: breakout and consolidation below the level of 1.0612 will…
Why Investors are Optimistic About Gold: A Historical Comparison
Gold has always held a special place in the world of finance and investment. Since the end of the Gold Standard in 1971, gold has made six major breakouts. Notably,…
USDCHF: Elliott wave analysis and forecast for 28.06.24 – 05.07.24
Main scenario: after correction, consider short positions below the level of 0.9222 with a target of 0.8730 – 0.8325. Alternative scenario: breakout and consolidation above the level of 0.9222 will…
Oil up ahead of US inflation data, set for third weekly gain
By Arunima Kumar BENGALURU (Reuters) -Oil prices rose on Friday and were on course for a third straight weekly jump buoyed by growing expectations that the U.S. Federal Reserve will…
USDCAD: Elliott wave analysis and forecast for 28.06.24 – 05.07.24
Main scenario: consider long positions from corrections above the level of 1.3606 with a target of 1.4000 – 1.4200. Alternative scenario: breakout and consolidation below the level of 1.3606 will…
