News | Page 155 | InvestaFeed.com

Gold Price Outlook: XAU/USD Turns on Hawkish Fed, Stronger USD and Yields

Gold loses it shine after a Hawkish Fed and firmer USD Pressure XAU/USD. The precious metal is set for its worst week since December, as bulls waver. Will PCE data extend the slide?

Forex

23 May 2024

Dow Sustains Losses but Nasdaq 100 Hits New High and Nikkei 225 Recovers

While the Dow is struggling to hold recent gains, the Nasdaq 100 is back at a new high. Meanwhile, the Nikkei 225’s choppy recovery continues

Forex

23 May 2024

US Crude Oil Bounces Back But Looks Rangebound Before OPEC’s June Meet

Crude prices have been much more in thrall to the monetary policy outlook than either gas or metals

Forex

23 May 2024

US Dollar Technical Outlook: EUR/USD, GBP/USD, NZD/USD Price Setups

The US dollar has taken a step back this week as moves have been driven largely by localised data and central bank developments during a quieter week for the US

Forex

23 May 2024

Gold, EUR/USD, USD/JPY – Price Action Analysis & Technical Outlook

This piece delves into the technical outlook for gold, EUR/USD and USD/JPY, analyzing their price behavior and market sentiment to forecast their near-term trajectories.

Forex

22 May 2024

Euro Price Outlook: Euro Heads Lower as ECB June Meeting Nears

The euro failed to mount a significant challenge when coming under pressure in what has been a quiet week this far. German manufacturing PMI appears unlikely to change that

Forex

22 May 2024

FTSE 100, DAX 40 Drop on Higher UK Inflation Reading, While S&P 500 Stays Near Record High

Outlook on FTSE 100, DAX 40 and S&P 500 amid more hawkish Fed talk ahead of Nvidia earnings and FOMC minutes

Forex

22 May 2024

Japanese Yen Slips Vs USD Again as Data Show Trade Gap Yawned in April

The Japanese currency remains pressured by its still-low interest rates and the USD/JPY uptrend is entrenched

Forex

22 May 2024

UK Inflation Proves Too Hot to Handle in April, Unravelling Rate Cut Bets

UK April CPI came in a lot hotter than expected, specifically services inflation which carries huge importance for the Bank of England. Rate cuts paired back massively, GBP bid

Forex

22 May 2024

Introducing the All New Rewards Hub!

Coins.ph users can now earn crypto and peso rewards for completing tasks and participating in promos on Rewards Hub!

Cryptocurrency

22 May 2024

Nyota Interop Recap ✨

Last week, Ethereum client, testing and research teams from around the world gathered together for a week of intense work on the Pectra network upgrade, PeerDAS and the Verge. Similarly to previous events like Edelweiss 🏔️ or Amphora 🏺, the focus of t...

Cryptocurrency

22 May 2024

GBP/USD Inflation Trade: Bearish Cable Setup Contingent Upon Softer UK CPI

April’s CPI print for last year kicked off a period of hotter CPI. With markets now pricing in a 50% chance of a June cut, will the all-important April print move the odds?

Forex

21 May 2024

Nvidia’s Q1 Earnings: Record Results Driven by AI Chip Dominance?

Will NVIDIA’s Q1 earnings report propel the stock to another all-time high or even reach a four-digit price tag for the first time?

Forex

21 May 2024

Dow Drops Back While Nasdaq 100 hits new High, and Russell 2000 Pushes Towards April High

While the Dow is struggling to hold above 40,000, the Nasdaq 100 has hit a fresh high ahead of Nvidia earnings this week. The Russell 2000 is still below the April high

Forex

21 May 2024

British Pound Holds Near Two-Month Peaks Vs USD As Attention Grabbing CPI Looms

Sterling may not move far until Tuesday, when some weakness in domestic inflation is expected to be seen

Forex

21 May 2024

Euro Technical Analysis: EUR/USD Drifts Lower, EUR/GBP Looks for Support

The euro has been subdued in what was expected to be a quieter week. EUR/USD declines but remains within ascending channel. EUR/GBP eying support ahead of UK CPI

Forex

21 May 2024

BSP Welcomes UN Special Advocate Queen Máxima

PDate: 5/21/2024
Content: Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona, Jr. (right) welcomes Her Majesty Queen Máxima of the Netherlands, in her capacity as the United Nations Secretary-General's Special Advocate for Inclusive Finance fo...

News

21 May 2024

Gold Price Outlook: Precious Metals Pullback from Intra-Day Highs

Gold achieved another all-time high as silver surpassed highs not seen since 2013. The precious metals eased thereafter as Fed officials distance themselves from rate cuts

Forex

20 May 2024

FTSE 100, DAX 40 and S&P 500 Head Back Towards Record Highs

Outlook on FTSE 100, DAX 40 and S&P 500 amid BoE and Fed talk

Forex

20 May 2024

BOP Posts US$639 Million Deficit in April 2024; End-April GIR Settles at US$102.6 Billion

PDate: 5/20/2024
Content: The country’s overall balance of payments (BOP) position posted a deficit of US$639 million in April 2024, higher than the US$148 million BOP deficit recorded in April 2023. The BOP deficit in April 2024 reflected outflows ar...

News

20 May 2024

PSE STAR-featured companies discuss financials and prospects in Q124

The Philippine Stock Exchange, Inc. (PSE) hosted the first quarter run of PSE STAR: Investor Day on May 15 and 16, 2024. The virtual event showcased live briefings of 12 publicly listed companies (PLCs) while another 15 PLCs joined through pre-recorded briefings. This edition of PSE STAR also published the maiden PSE Spotlight report for…

News

20 May 2024

Euro Struggles With $1.09 Cap But Finds Support in Risk Appetite

The week has got off to a subdued start for EUR/USD, with the Dollar likely to set the trading pace

Forex

20 May 2024

Aussie, Kiwi Dollar Outlook: AUD, NZD Price Setups Ahead of the RBNZ

AUD/USD bullish potential remains, and AUD/NZD bounces off a zone of support ahead of the Reserve Bank of New Zealand’s rate announcement and RBA minutes

Forex

20 May 2024

DTCC Smart NAV Pilot Utilizes Chainlink for Blockchain-Based Mutual Fund Data

The Depository Trust & Clearing Corporation (DTCC) has announced the successful completion of its Smart NAV pilot, leveraging Chainlink’s technology to enhance its Mutual Fund Profile Service I (MFPS I). The initiative aims to bring trusted d...

Cryptocurrency

20 May 2024

Novogratz Predicts Bitcoin Trading Between $55K-$75K This Quarter

Bitcoin is expected to trade within a narrow range this quarter, according to Michael Novogratz, founder of Galaxy Digital Holdings Ltd. “Bitcoin, ethereum and everything else, solana will consolidate,” he said last week, adding that it m...

Cryptocurrency

20 May 2024

Skybridge’s Scaramucci: Institutional Adoption of Bitcoin Is Happening Now

Anthony Scaramucci, founder of Skybridge Capital, believes that the institutional adoption of bitcoin is happening now. Highlighting recent developments like the State of Wisconsin Investment Board investing in Blackrock’s spot bitcoin exchange-...

Cryptocurrency

19 May 2024

Donald Trump Viewed as ‘America’s First Crypto President’ by Former CFTC Chairman

Former Commodity Futures Trading Commission (CFTC) Chairman Chris Giancarlo has emphasized former U.S. President Donald Trump’s critical role in the cryptocurrency industry, dubbing him “America’s first crypto president” due...

Cryptocurrency

19 May 2024

How to Choose the Right People as Beneficiary for Life Insurance Philippines

We’ve covered the general rules and Philippine laws on picking your beneficiaries in an earlier article. But frankly, you are not expected to know them when buying life insurance in the Philippines. It’s for need-only basi...

News

19 May 2024

US Congress Passes First Standalone Crypto Legislation

The U.S. Congress has passed its first standalone crypto legislation, which aims to overturn the controversial U.S. Securities and Exchange Commission (SEC)’s SAB 121 rules regarding crypto assets. However, President Joe Biden has threatened to v...

Cryptocurrency

19 May 2024

Venezuelan Authorities Announce Bitcoin Mining Ban, Confiscate Over 11,000 Miners to Face the Nation’s Energy Crisis

The Venezuelan National Power Ministry announced a special operation to disconnect all bitcoin mining farms from the grid. Authorities have seized over 11,000 bitcoin miners as the government seeks to reduce the power usage from high-power customers si...

Cryptocurrency

19 May 2024