US stocks close modestly higher
The three major US stock indices are closing modestly higher on the day:Dow Industrial Average average up 140.26 points or 0.36% at 38711.28S&P...
Oil – private survey of inventory shows a large headline crude oil build vs draw expected
Via oilprice.com:--Expectations I had seen centred on:Headline crude -2.3mn barrelsDistillates +2.5mn bblsGasoline +2mn---This data point is from a privately-conducted survey by the American...
UBS says its even more convinced Gen AI will boost productivity. Raises equity forecast.
UBS jacked up their forecast for the MSCI All-Country World Equity Index year-end forecast from 800 to 830. Analysts at UBS cite if...
Hanesbrands stock looks ripe for rally after nine-year slump
Hanesbrands (HBI) stock has been showing signs of life lately after experiencing a long-term downtrend that has lasted the better part of nine...
USD/JPY Price Analysis: Bears in charge as pair plummets below 155.00
The USD/JPY plummeted some 0.80% late in the North American session, as economic data from the United States fueled speculations that the US...
Economic calendar in Asia Wednesday, 5 June 2024 – Australia GDP, China PMI
Australian economic growth data for the January - March quarter is due today, and its expected to show a very slow economy indeed....
Trade ideas thread – Wednesday, 5 June, insightful charts, technical analysis, ideas
Good morning, afternoon and evening all. Any charts, technical analysis, trade ideas, thoughts, views, ForexLive traders would like to share and discuss with...
Bitcoin is back above $70,000
TheBitcoin is on pace to close at the highest level since May 20 when the price closed at $71,401. That was the highest...
NZD/JPY Price Analysis: Bears gain ground, cross treads closely to the 20-day SMA
On Tuesday, the NZD/JPY pair encountered sustained selling pressure as the Japanese Yen powered upwards against its rivals.
Seller in the USDJPY taking their shot, but missing
The USDJPY fell sharply today and in the process fell below the 50% midpoint of the move up from the mid-May low at...