Oil prices fall as Middle East fears ease, OPEC meeting due
Investing.com — Oil prices fell to a near two-month low Tuesday on concerns about demand growth in China, the world’s largest crude importer, while the lack of immediate escalation in tensions between…
Palladium outlook remains negative; targeting price drop to $900/oz: UBS
Investing.com — UBS Global Research in a note dated Monday, has maintained a bearish stance on palladium, forecasting a price decline to $900/oz within the next 12 months. The brokerage…
Hedge funds make massive retreat from short yen positions, UBS says
By Summer Zhen HONG KONG (Reuters) – Global hedge funds made a massive retreat from their bearish bets on the Japanese yen during the currency’s strong rise against the U.S.…
Microsoft and job openings to hit pre-Fed vigil
A look at the day ahead in U.S. and global markets from Mike Dolan To the extent that worries about pricey tech stocks and rising AI capex spending were partly…
S&P 500 Forecast & Predictions for 2024–2025 and Beyond
Financial analysts are optimistic about the S&P 500’s future and expect growth after the recent downturn. A potential interest rate cut by the Fed also fuels this optimism. Despite geopolitical…
Franc Benefits from Trump Trade. Forecast as of 30.07.2024
The snap election in France has triggered a sell-off in the USDCHF pair. The pair’s decline is fueled by the political drama in the US, where Donald Trump may return…
Macquarie bullish on USD into 2025 should Trump win
Investing.com — Over the past month, significant changes in US politics have shifted market expectations, overtaking the influence of the Federal Reserve (Fed) on the US dollar (USD). Initially, it seemed…
Dollar steady ahead of start of Fed meeting; traders remain wary
Investing.com – The U.S. dollar traded largely flat Tuesday, with traders wary ahead of the start of the latest Federal Reserve rate-setting meeting. At 05:10 ET (09:10 GMT), the Dollar…
Dollar’s reign to live on even as global monetary landscape evolves
Investing.com — UBS Global Research maintains a bullish outlook on the US Dollar‘s continued dominance as the world’s primary reserve currency. Despite growing concerns about its sustainability, analysts say that…
Yen weakens on last minute doubts about BOJ hike
By Brigid Riley TOKYO (Reuters) – The dollar and yen kept within close ranges on Tuesday as traders awaited key central bank decisions, kicking off with midweek monetary policy meetings…
