AI’s Financial Impact: Key Findings from BIS
The Bank for International Settlements highlights AI’s transformative potential in the financial sector. By enhancing data processing capabilities, AI models, particularly large language models (LLMs), streamline regulatory compliance, fraud detection,…
DraftKings (DKNG) Stock Forecast for 2024, 2025–2026 and Beyond
In the ever-evolving landscape of online sports betting and gaming, Draftkings Inc. (DKNG) stands out as a prominent player with its innovative platform that allows users to engage in sports…
Trafigura, Gunvor demand sparks jump in Brent oil benchmark
By Alex Lawler LONDON (Reuters) – Trading houses Trafigura and Gunvor bought nine cargoes of crude that underpin the international Brent benchmark in the last week and bid for more,…
Oil steadies after US inflation data lifts rate cut hopes
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…
StoneX Advances Market Access with New Commodities Trading Options
StoneX Group Inc. has reported the execution and clearance of the initial trade on the inaugural trading day of Abaxx Commodity Futures Exchange and Clearinghouse. Dedicated Forex cloud solutions with…
Oil prices to stay steady as China demand woes offset Mideast risks
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 supply…
Oil prices set for strong June; geopolitical tensions add risk premium
Investing.com — Oil prices rose Friday and were headed for strong gains in June as fears of supply disruptions in Russia and the Middle East largely offset concerns over slowing…
XAUUSD: Elliott wave analysis and forecast for 28.06.24 – 05.07.24
Main scenario: consider short positions from corrections below the level of 2370.00 with a target of 2218.46 – 2161.56. Alternative scenario: breakout and consolidation above the level of 2370.00 will…
WTI Crude Oil: Elliott wave analysis and forecast for 28.06.24 – 05.07.24
Main scenario: after correction ends, consider short positions below the level of 87.75 with a target of 67.60 – 57.00. Alternative scenario: breakout and consolidation above the level of 87.75…
Peso found support, but only for a short time. Forecast as of 28.06.2024
Loss of respect from carry traders, rising volatility, a slowing Mexican economy, and the threat of Donald Trump returning to power make life difficult for USDMXN bears. Let’s discuss it…
