Oil falls on lingering demand concerns in China
By Arathy Somasekhar and Trixie Yap (Reuters) -Oil prices slipped on Tuesday on worries about a slowing Chinese economy crimping demand, though a growing consensus that the U.S. Federal Reserve…
Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 16.07.2024
Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis. The article covers the following subjects: Highlights and key points BTCUSD: A…
Trump Trade Saves US Dollar. Forecast as of 16.07.2024
If it weren’t for the Trump trade, EURUSD quotes would have soared above 1.1. The derivatives market is fully confident of a Fed rate cut in September and is counting on…
Gold prices rise, close to record highs as rate cut bets mount
Investing.com– Gold prices rose in Asian trade on Tuesday, coming within sight of new highs amid increased bets that the Federal Reserve will begin cutting rates from September. But gains…
Asia FX muted as dollar perseveres; yen on intervention watch
Investing.com– Most Asian currencies moved in a flat-to-low range on Tuesday as speculation over a Donald Trump presidency helped the dollar rise past increased bets on interest rate cuts. The…
Oil prices fall on lingering Chinese demand concerns
By Arathy Somasekhar and Trixie Yap (Reuters) -Oil prices slipped on Tuesday on worries about a slowing Chinese economy crimping demand, though a growing consensus that the U.S. Federal Reserve…
Oil prices fall amid China demand woes, rate cut hopes
Investing.com– Oil prices fell in Asian trade on Tuesday, weighed chiefly by signs of increasing economic weakness in top importer China, which could limit demand in the coming months. But…
Oil prices tick down on worries about Chinese demand
By Arathy Somasekhar (Reuters) – Oil prices edged lower on Tuesday on worries about a slowing Chinese economy crimping demand, though a growing consensus that the U.S. Federal Reserve will…
