UBS lifts its forecast for gold prices
Investing.com — UBS has raised its gold price forecasts, anticipating further gains in the precious metal over the next year. The bank now expects gold to reach $2,750 per ounce…
These analysts say gold currently looks “tactically overbought”
Investing.com — Gold currently looks “tactically overbought” following a recent jump to record highs in the price of the yellow metal, according to analysts at Bank of America. Spot gold rose…
Oil prices slide on prospects Saudi Arabia to raise output
By Gabrielle Ng and Katya Golubkova SINGAPORE (Reuters) -Oil prices slumped on Thursday, reversing earlier gains, on news Saudi Arabia, the world’s biggest crude exporter, will give up on its…
Risk managing the US dollar – BoA Securities
Investing.com – Markets appear to have bought into the “soft landing” narrative after the Federal Reserve’s hefty interest rate cut, but Bank of America Securities remains a seller of the…
CySEC Just Unveiled New Rules for Firms Offering Fractional Shares
The Cyprus Securities and Exchange Commission (CySEC) has released new guidelines for investment firms offering fractional shares, addressing the growing trend of online brokers allowing investors to purchase only small…
Pound to Get Support from Carry Trade. Forecast as of 26.09.2024
The rapid GDP growth in the UK and the slow pace of the Bank of England’s monetary policy allow traders to buy the GBPUSD pair. In addition, carry traders are…
Morning Bid: Micron adds fresh tech fizz, China surges anew
A look at the day ahead in U.S. and global markets from Mike Dolan With quarter-end fast approaching, tech excitement returned to Wall Street overnight with another AI-driven earnings beat…
Dopamine Hijack: How Your Brain Is Wrecking Your Trades 🧠💥
Alright, let’s talk about the real enemy in your trading. It’s not the market, it’s not the news… it’s your own brain. 🧠 Yeah, you heard me. That chemical cocktail…
Dollar edges down before Fed speakers, data; Swiss franc rises after SNB
By Stefano Rebaudo and Kevin Buckland (Reuters) – The safe-haven dollar edged down on Thursday on increasing risk appetite with traders looking ahead to speeches from key Federal Reserve policymakers…
Analysis-Power thirst complicates ESG investors’ love affair with tech stocks
By Isla Binnie NEW YORK (Reuters) – Investors who manage hundreds of billions of dollars are pressing Microsoft (NASDAQ:MSFT), Alphabet (NASDAQ:GOOGL) and others for more information on the power needed…
