Gold, Oil Rally Sharply as Middle East Tensions Escalate; US FOMC, NFPs Near

The death of Hamas leader Ismail Haniyeh in Tehran has ratcheted up tensions in the Middle East and this is boosting the price of oil and haven gold.


https://www.dailyfx.com/news/gold-oil-rally-sharply-as-middle-east-tensions-escalate-us-fomc-nfps-nears-20240731.html?utm_source=dlvr.it&utm_medium=blogger

BoJ Hikes Rates to 0.25% and Outlines Bond Tapering, Yen Strengthened

Japan's central bank takes a hawkish turn with a rate hike and tapering timeline. USD/JPY key levels identified


https://www.dailyfx.com/news/boj-hikes-rates-to-0-25-and-outlines-bond-tapering-yen-strengthened-20240731.html?utm_source=dlvr.it&utm_medium=blogger

Coinbase’s 2Q earnings preview: Another blowout quarter expected

Find out what to expect from Coinbase’s Q2 results, how it will affect Coinbase’s share price and how to trade Coinbase’s earnings.


https://www.dailyfx.com/news/coinbase-s-2q-earnings-preview-another-blowout-quarter-expected-20240730.html?utm_source=dlvr.it&utm_medium=blogger

Euro (EUR/USD) Remains Under Pressure as German Economy Contracts in Q2

The German economy contracted by 0.1% in the second quarter, initial data showed today, missing estimates of +0.1%


https://www.dailyfx.com/news/euro-eur-usd-remains-under-pressure-as-german-economy-contracts-in-q2-20240730.html?utm_source=dlvr.it&utm_medium=blogger

British Pound (GBP) Latest – Will the Bank of England Cut Rates This Week?

Financial markets are predicting a 60%+ chance that the BoE will cut interest rates at this Thursday’s meeting. How will Sterling react in the run up to the meeting?


https://www.dailyfx.com/news/british-pound-gbp-latest-will-the-bank-of-england-cut-rates-this-week-20240729.html?utm_source=dlvr.it&utm_medium=blogger

Bitcoin Rallies on Trump Support, How do BTC and ETH Shape up?

Crypto enthusiasts received a massive vote of confidence in the fight to further legitimise the digital currency as Donald Trump vows to create a bitcoin stockpile


https://www.dailyfx.com/news/bitcoin-rallies-on-trump-support-how-do-btc-and-eth-shape-up-20240729.html?utm_source=dlvr.it&utm_medium=blogger

US Inflation Data Little Changed in June, USD and Gold Listless Post-release

US Core PCE, the Fed’s preferred measure of inflation, was unchanged in June at 2.60% y/y, while monthly personal income fell by more than forecast.


https://www.dailyfx.com/news/us-inflation-data-little-changed-in-june-usd-and-gold-listless-post-release-20240726.html?utm_source=dlvr.it&utm_medium=blogger

Retail Trader Sentiment Update: GBP/USD, AUD/USD, USD/JPY Latest

Forex sentiment analysis: Dive into the latest data on GBP/USD, AUD/USD, and USD/JPY. How are retail traders positioned in these major pairs?


https://www.dailyfx.com/news/retail-trader-sentiment-update-gbp-usd-aud-usd-usd-jpy-latest-20240726.html?utm_source=dlvr.it&utm_medium=blogger

Apple Q3 Earnings Preview: a Closer Look at Earnings Forecasts and China Market Strategy

Discover what to expect from Apple’s Q3 earnings report on 2 August, with a focus on financial forecasts, share repurchases, and the tech giant's strategy as it navigates challenges in China.


https://www.dailyfx.com/news/apple-q3-earnings-preview-a-closer-look-at-earnings-forecasts-and-china-20240725.html?utm_source=dlvr.it&utm_medium=blogger

The US Economy Grew by 2.8% in Q2 Compared to 1.4% in Q1, US Dollar Little Changed

US real gross domestic product (GDP) increased at a rate of 2.8% in the second quarter of 2024, beating market forecasts, according to the advance estimate.


https://www.dailyfx.com/news/the-us-economy-grew-by-2-8-in-q2-compared-to-1-4-in-q1-us-dollar-little-changed-20240725.html?utm_source=dlvr.it&utm_medium=blogger

Tesla stock price slumps after Q2 earnings​​​​​​​

Tesla issued a disappointing set of Q2 earnings last night, driving the stock price lower.


https://www.dailyfx.com/news/tesla-stock-price-slumps-after-q2-earnings-20240724.html?utm_source=dlvr.it&utm_medium=blogger

Japanese Yen's Comeback: Analyzing the Recent Market Shift

USD/JPY bearish trend accelerates. Examine key support levels, BoJ meeting probabilities, and the yen's resurgence in the forex market.


https://www.dailyfx.com/news/japanese-yen-s-comeback-analyzing-the-recent-market-shift-20240724.html?utm_source=dlvr.it&utm_medium=blogger

Euro (EUR/USD) Weakens After German PMIs Disappoint, Rate Cut Expectations Rise

The German Composite PMI fell to a four-month low and back into contraction territory in July, strengthening the case for further rate cuts in the Euro Area.


https://www.dailyfx.com/news/euro-eur-usd-weakens-after-german-pmis-disappoint-rate-cut-expectations-rise-20240724.html?utm_source=dlvr.it&utm_medium=blogger

Meta Q2 2024 Earnings Preview: Steady Growth and a Focus on its AI Story

Meta is scheduled to report its second quarter (Q2) earnings after the market closes on Wednesday, July 31st, 2024


https://www.dailyfx.com/news/meta-q2-2024-earnings-preview-steady-growth-and-a-focus-on-its-ai-story-20240723.html?utm_source=dlvr.it&utm_medium=blogger

Ethereum (ETH) Spot ETFs Up and Running

Ethereum spot ETFs have been finally given the green light to start trading, but can they replicate Bitcoin’s ETF success?


https://www.dailyfx.com/news/ethereum-eth-spot-etfs-up-and-running-20240723.html?utm_source=dlvr.it&utm_medium=blogger

Retail Trader Sentiment Analysis – USD/JPY, EUR/JPY, and AUD/JPY

The Japanese yen outperforms the Aussie dollar in early trading as the AUD selloff continues. What does retail positioning suggest about future price movements?


https://www.dailyfx.com/news/retail-trader-sentiment-analysis-usd-jpy-eur-jpy-and-aud-jpy-20240723.html?utm_source=dlvr.it&utm_medium=blogger

AUD/USD Technical Outlook: Charting the Downtrend and Potential Reversals

AUD/USD bearish trend: Investigate support levels, positioning shifts, and macro factors relevant to the pair. Global politics likely to be a major factor for the Aussie in the coming months


https://www.dailyfx.com/news/aud-usd-technical-outlook-charting-the-downtrend-and-potential-reversals-20240722.html?utm_source=dlvr.it&utm_medium=blogger

Gold (XAU/USD) – Recent Sell-off May Open Up Opportunities

Gold is trading back around the $2,400/oz. level after posting a fresh multi-decade high earlier this week. The backdrop for the precious metal still remains positive.


https://www.dailyfx.com/news/gold-xau-usd-recent-sell-off-may-open-up-opportunities-20240719.html?utm_source=dlvr.it&utm_medium=blogger

Euro (EUR/USD) Little Moved as ECB Leaves Rates Unchanged, September Meeting Now Key

The European Central Bank left policy rates unchanged earlier, inline with market expectations, with the September meeting, and updated staff projections, now key.


https://www.dailyfx.com/news/euro-eur-usd-unchanged-as-ecb-leaves-rates-unchanged-september-meeting-now-key-20240718.html?utm_source=dlvr.it&utm_medium=blogger

UK Unemployment Remains at 4.4% as Jobs Data Reveals no Surprises

UK jobs data came in largely in line with expectations with the unemployment rate remaining at 4.4% while average earnings eased to 5.7%. Claimant count remains a concern


https://www.dailyfx.com/news/uk-unemployment-remains-at-4-4-as-jobs-data-reveals-no-surprises-20240718.html?utm_source=dlvr.it&utm_medium=blogger

British Pound Holds At ’24 Highs Vs USD But Starts To Look Stretched

Sterling has had a great run this month, and retains a lot of fundamental support. However it is perhaps in need of a break.


https://www.dailyfx.com/news/british-pound-holds-at-24-highs-vs-usd-but-starts-to-look-stretched-20240712-20240712.html?utm_source=dlvr.it&utm_medium=blogger

British Pound Latest – UK GDP Beats Estimates, Rate Cut Expectations Trimmed

The UK economy expanded by 0.4% in May, after flatlining in April, and by a robust 0.9% in the three months to May compared with the three months to February.


https://www.dailyfx.com/news/british-pound-latest-uk-gdp-beats-estimates-rate-cut-expectations-trimmed-20240711.html?utm_source=dlvr.it&utm_medium=blogger

British Pound (GBP/USD) Latest - Cable Under Pressure as Gilt Yields Slide

Short-dated UK government bond yields are testing lows last seen in late March as investors see interest rate cuts looming on the horizon


https://www.dailyfx.com/news/british-pound-gbp-usd-latest-cable-under-pressure-as-gilt-yields-slide-20240710.html?utm_source=dlvr.it&utm_medium=blogger

Euro Edges Up As Key US, German Inflation Numbers Approach. Powell On Tap Again

The Fed Chair didn’t tell markets much they didn’t already suspect on Tuesday. His second day of Testimony is now in focus


https://www.dailyfx.com/news/euro-edges-up-as-key-us-german-inflation-numbers-approach-powell-on-tap-again-20240710.html?utm_source=dlvr.it&utm_medium=blogger

JPMorgan stock price at record high ahead of Q2 earnings

JPMorgan earnings kick off earnings season on 12 July, but a slowdown is expected despite the stock’s run to record highs.


https://www.dailyfx.com/news/jpmorgan-stock-price-at-record-high-ahead-of-q2-earnings-20240709.html?utm_source=dlvr.it&utm_medium=blogger

US Dollar Little Moved on Chair Powell’s Testimony, EUR/USD and GBP/USD Sentiment Analysis

US Fed Chair Jerome Powell’s semiannual testimony to Congress has produced little of note so far, leaving US dollar traders looking ahead to Thursday’s inflation report


https://www.dailyfx.com/news/us-dollar-little-moved-on-chair-powell-s-testimony-eur-usd-and-gbp-usd-sentiment-analysis-20240709.html?utm_source=dlvr.it&utm_medium=blogger

US Crude Oil Prices Retreat As Storm Beryl Spares Texas Infrastructure, Powell Up Next

The storm was less disruptive than it might have been, leaving supply worries looking overdone.


https://www.dailyfx.com/news/us-crude-oil-prices-retreat-as-storm-beryl-spares-texas-infrastructure-powell-up-next-20240709.html?utm_source=dlvr.it&utm_medium=blogger

Japanese Yen (USD/JPY) – Bond Buying, Rate Expectations, and Fed Chair Powell

The Bank of Japan may not hike interest rates this month but may begin to pare back its bond-buying program


https://www.dailyfx.com/news/japanese-yen-usd-jpy-bond-buying-rate-expectations-and-fed-chair-20240709.html?utm_source=dlvr.it&utm_medium=blogger

Gold (XAU/USD) Slips After the PBoC Step Back from Buying for the Second Month

The price of gold slipped Monday after data showed that the People’s Bank of China (PBoC) left its gold reserves untouched in June.


https://www.dailyfx.com/news/gold-xau-usd-slips-after-the-pboc-step-back-from-buying-for-the-second-month-20240708.html?utm_source=dlvr.it&utm_medium=blogger

Australian Dollar Returns Some Gains But Stays Close To Year’s Highs

As long as the Reserve Bank of Australia looks likely be among the last majors to cut rates, it’s hard to see the Aussie falling far


https://www.dailyfx.com/news/australian-dollar-returns-some-gains-but-stays-close-to-year-s-highs-20240708.html?utm_source=dlvr.it&utm_medium=blogger

Euro (EUR/USD) on Edge After Surprise French Election Result

In a shock result, the left-wing New Popular Front (NPF) beat both the right-wing National Rally (RN) and President Macron’s Ensemble alliance to gain the most seats in the National Assembly.


https://www.dailyfx.com/news/euro-eur-usd-on-edge-after-surprise-french-election-result-20240708.html?utm_source=dlvr.it&utm_medium=blogger

Japanese Yen Q3 Fundamental Forecast: Yen Can Go Lower Yet Unless US Rate-Cut Hopes Revive

The yen remains in a precarious position heading into Q3 after it depreciated to extreme levels, risking another bout of direct FX intervention from Japanese officials


https://www.dailyfx.com/news/japanese-yen-q3-fundamental-forecast-yen-can-go-lower-yet-unless-us-rate-cut-hopes-revive-20240707.html?utm_source=dlvr.it&utm_medium=blogger

British Pound Q3 Fundamental Forecast: Time to Start Cutting Interest Rates

The British Pound is under pressure going into the third quarter of the year as interest rate cuts finally heave into view. With the UK highly likely to elect a Labour government, investors may shun the pound due to unclear spending plan


https://www.dailyfx.com/news/british-pound-q3-fundamental-forecast-time-to-start-cutting-interest-rates-20240707.html?utm_source=dlvr.it&utm_medium=blogger

Gold Q3 Fundamental Forecast: Interest Rates, Central Bank Demand and Risk

Gold's Q3 direction hinges on rate shifts, reduced central bank purchases, the run up to the US election, and the continuation of major global conflicts


https://www.dailyfx.com/news/gold-q3-fundamental-forecast-interest-rates-central-bank-demand-and-risk-20240706.html?utm_source=dlvr.it&utm_medium=blogger

Crude Oil Q3 Fundamental Forecast – Supply Looks Solid, But What About Demand?

Can the Geopolitics is likely to guide price action as major conflicts extend


https://www.dailyfx.com/news/crude-oil-q3-fundamental-forecast-supply-looks-solid-but-what-about-demand-20240706.html?utm_source=dlvr.it&utm_medium=blogger

US Dollar (DXY) Unchanged on Mixed US NFPs, Gold Grabs a Small Bid

The latest US Jobs Report showed 206k new jobs created vs. expectations of 190k. Last month’s figure however was revised sharply lower from 272k to 218k.


https://www.dailyfx.com/news/us-dollar-dxy-unchanged-on-mixed-us-nfps-gold-grabs-a-small-bid-20240705.html?utm_source=dlvr.it&utm_medium=blogger

Euro Ticks Up Despite Weaker Data As US Payroll Wait Dominates

EUR/USD has benefitted from market hopes that US interest rates will soon start to fall. These hopes have been dashed before, however.


https://www.dailyfx.com/news/euro-ticks-up-despite-weaker-data-as-us-payroll-wait-dominates-20240705.html?utm_source=dlvr.it&utm_medium=blogger

British Pound, FTSE Steady After Labour Landslide, US NFPs Now Key

UK asset markets are opening the session a touch higher after Labour’s record win at the general election. Later today the latest US Jobs Report will be key for markets moving forward.


https://www.dailyfx.com/news/british-pound-ftse-steady-after-labour-landslide-us-nfps-now-key-20240705.html?utm_source=dlvr.it&utm_medium=blogger

Japanese Yen Ticks Up As Nervy USDJPY Hovers Around Intervention Levels

The Japanese authorities last stepped in to prop up the Yen back in May. It’s now just above the point at which they did


https://www.dailyfx.com/news/japanese-yen-ticks-up-as-nervy-usdjpy-hovers-around-intervention-levels-20240704.html?utm_source=dlvr.it&utm_medium=blogger

British Pound (GBP), FTSE 100 Steady as the UK Goes to the Polls

UK asset markets are treading water in early trade as the country votes for a new government with a range of polls showing Labour winning by a record margin.


https://www.dailyfx.com/news/british-pound-gbp-ftse-100-steady-as-the-uk-goes-to-the-polls-20240704.html?utm_source=dlvr.it&utm_medium=blogger

Gold Prices Gain As Fed’s Powell Keeps Rate-Cut Hopes Alive

The gold market isn’t short of fundamental support but weakening inflation may leave it vulnerable too


https://www.dailyfx.com/news/gold-prices-gain-as-fed-s-powell-keeps-rate-cut-hopes-alive-20240703.html?utm_source=dlvr.it&utm_medium=blogger

Euro (EUR/USD) Nudges Higher Ahead of US NFPs and the French Election Outcome

The single currency is nudging higher but remains within this week’s range. US Jobs Report and the final round of the French election near.


https://www.dailyfx.com/news/euro-eur-usd-nudges-higher-ahead-of-us-nfps-and-the-french-election-outcome-20240703.html?utm_source=dlvr.it&utm_medium=blogger

British Pound (GBP) Slips But Ranges Hold Into Major US News Flow

Sterling has lost more ground to the US Dollar but the prospect of lower rates for both currencies’ home countries leaves current narrow range intact.


https://www.dailyfx.com/news/british-pound-gbp-slips-but-ranges-hold-into-major-us-news-flow-20240702.html?utm_source=dlvr.it&utm_medium=blogger

Gold (XAU/USD) Latest – Will Fed Chair Powell Help to Break the Precious Metal’s Range?

Gold has been stuck in a sideways range for three months as buyers and sellers battle for dominance. Will chair Powell’s speech later today give one side the upper hand??


https://www.dailyfx.com/news/gold-xau-usd-latest-will-fed-chair-powell-break-the-precious-metal-s-range-20240702.html?utm_source=dlvr.it&utm_medium=blogger

US Crude Oil Starts July With Gains As Markets Look to Increased Summer Demand

Summertime in the northern hemisphere should see increased demand and could mean that production cuts from traditional producers bite harder


https://www.dailyfx.com/news/us-crude-oil-starts-july-with-gains-as-markets-look-to-increased-summer-demand-20240701.html?utm_source=dlvr.it&utm_medium=blogger

Euro and CAC 40 Rally After the First Round of French Elections

The right-wing National Rally (RN) party won the first round of the French parliamentary elections on Sunday but look set to fall short of the 289 seats needed to gain power.


https://www.dailyfx.com/news/euro-and-cac-40-rally-after-the-first-round-of-french-elections-20240701.html?utm_source=dlvr.it&utm_medium=blogger