Gold prices could surge to $3,000 as flows ‘have plenty of scope to expand’: Citi

Gold prices might surge to $3,000 per ounce as financial flows show potential for significant expansion, according to a recent report from Citi analysts. The bank says that the weakening…

Oil prices steadies despite weak China GDP, stronger dollar

Investing.com– Oil prices steadied Monday despite underwhelming growth data from China presenting a weak outlook for demand.  At 09:20 ET (13:20 GMT), Brent oil futures slipped marginally to $85.02 a…

Oil holds its ground as Chinese demand concerns weigh

By Alex Lawler and Arunima Kumar LONDON (Reuters) – Oil held its ground on Monday as downward pressure from concern about demand in top importer China offset support from strong…

Dollar steady, bitcoin jumps as markets weigh up a possible Trump victory

By Rae Wee and Samuel Indyk LONDON (Reuters) – The dollar held steady on Monday and cryptocurrencies jumped as investors weighed up what the attempted assassination of former U.S. President…

Walmart (WMT) Stock Forecast for 2024, 2025–2026, and Beyond

In 2024, Walmart, the global retail behemoth, continues to command attention and dominate the retail landscape. Analysts are cautiously optimistic, predicting a modest bullish trend for Walmart stock. Some foresee…

Oil holds its ground as dollar gain and Chinese demand concerns weigh

By Alex Lawler LONDON (Reuters) -Oil held its ground on Monday as downward pressure from a stronger U.S. dollar and concern about demand in top importer China offset support from…

Morning Bid: Trump hit steepens curve; China’s economy judders

(Reuters) – A look at the day ahead in U.S. and global markets from Mike Dolan The shock shooting on Saturday of former President Donald Trump, who is seeking a…

Breaking: Prop Trading Firm Funded Engineer Shuts Down

Funded Engineer, a troubled prop trading firm, announced today (Monday) the “permanent closure” of its operations, effective immediately, and the decision to file for bankruptcy on its official social media…

Dollar steadies ahead of Powell’s speech; euro edges higher

Investing.com – The U.S. dollar stabilized in early European trade Monday, handing back some of the gains seen after the attempted assassination of former U.S. President Donald Trump over the…

Aussie to Ride Bullish Wave. Forecast as of 15.07.2024

Will the Reserve Bank of Australia follow the path of its New Zealand counterpart? Will there be a dovish reversal? The markets do not believe in a dovish turn, but…