Market News

Sep 30, 2022 15:09

S&P 500 Price Forecast – Stock Markets Continue to See Selling Pressure

Although selling pressure on the S&P 500 E-mini contract is still there as of this writing, it has not yet completely broken down. In the end, it seems that this market will ultimately break past the 3600 level.

S&P 500 (SPY) Dives To 3635 As Initial Jobless Claims Decline

Sep 30, 2022 15:00
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Sep 30, 2022 14:27
USDC to Replace Terra Stablecoin on Cosmos Network

Sep 30, 2022 14:23
Despite encouraging Japanese data, the EUR/JPY crosses above 142.00, with attention turning to German Retail Sales

Sep 30, 2022 11:03

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Sep 30, 2022 10:55

According to a spokeswoman, RBC cuts ten investment banking jobs in the US

According to a spokeswoman, RBC cuts ten investment banking jobs in the US
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Sep 30, 2022 10:54

FTC sues pesticide-makers for price-fixing
Sep 28, 2022 11:02

Jaguar Land Rover provides EV training to staff and dealers
Sep 28, 2022 11:01

Ford and General Motors strengthen heavy-duty truck moneymakers
Sep 27, 2022 14:32

Dow Futures Rise Subsequent to Indices' Extinction
Sep 27, 2022 14:30

Biogen finalizes $900 million drug kickback settlement
Sep 26, 2022 11:06

KKR and Ramsay Health cease purchase negotiations
Sep 26, 2022 11:04

Grab anticipates no major layoffs despite a weak market

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Market Forecasts

WTI declines toward $81.00 as hawkish central banks and economic worries compete with OPEC+ rhetoric
WTI pares its first weekly rise in five weeks as traders await additional information. Fears of a Russian supply shortage and rumors of an OPEC+ output cut benefit buyers. Concerns of economic downturn and aggressive rate hikes impede the uptrend. Risk catalysts are crucial, but China PMIs and US inflation may also attract oil traders' attention.

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Forecast for Gold Price: XAU/USD surpasses $1,650 on falling wedge breakthrough; US PCE inflation observed
The price of gold increases when a bullish chart formation is confirmed. Despite a weakening DXY, rising rates and declining equities failed to deter XAU/USD purchasers. In addition to geopolitical and economic concerns, hawkish central bankers will investigate gold buyers. On firmer readings, the Fed's preferred inflation statistics can threaten the rising trend.

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After a corrective move, the gold price should find support around $1,650, and talk of the US gross domestic product (GDP) is making the market excited
The corrective move in gold's price is predicted to end once bids emerge near $1,650.00. Because the Fed is expected to slow the pace of its rate hikes, the DXY appears to have achieved a fresh high. Consecutive quarterly declines of 0.6% in annualized US GDP are possible.

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Price of WTI weakens inside a falling wedge, breaking below prior support near $82.00
WTI reverses its upward trend of the past two days and cuts daily gains after reaching its highest point since May. Buyers are encouraged by a bullish chart pattern and rising oscillators, but the 100-SMA acts as a filter for gains. Above the $75.00 level, several supports will present a difficulty to bears.

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Gold Price Prediction: XAU/USD aims for $1,620.00 as yields surge and the Fed raises rates. Powell's address targeted
Gold prices are aiming for $1,620.00 as benchmark 10-year US yields have reached 4%. As inflation has not responded favorably to rising interest rates, Fed Chairman Powell will adopt a more hawkish approach. The Fed will present a strategy for increasing interest rates during the remainder of 2022.

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Gold Price Prediction: XAU/USD swings sideways around $1,630 as investors anticipate Fed Chair Powell's address
Ahead to Fed Powell's speech, the price of gold fluctuates erratically around $1,630.00. The strategy chosen by the Fed for the remainder of 2022 will set the stage for the 2023 rate hike cycle. DXY was bolstered by rising consumer confidence and a slower-than-anticipated decrease in durable goods demand.

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Market News

S&P 500 Price Forecast – Stock Markets Continue to See Selling Pressure

S&P 500 (SPY) Dives To 3635 As Initial Jobless Claims Decline

Lazarus Group’s Crypto.com Scam Is a New Way to Steal Your Financial Info

USDC to Replace Terra Stablecoin on Cosmos Network

Despite encouraging Japanese data, the EUR/JPY crosses above 142.00, with attention turning to German Retail Sales

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Forex Browse More

Despite encouraging Japanese data, the EUR/JPY crosses above 142.00, with attention turning to German Retail Sales

Prior to the release of UK GDP and US PCE Inflation figures, the GBP/USD has found a temporary resting place near 1.1200

Sellers in GBP/USD reached 1.0800 in anticipation of BOE speakers and US GDP

USD/JPY Bulls compete for easy pickings while bears lurk nearby

As Australia's retail sales continue to climb, the AUD/NZD pair has remained steady over 1.1400

Despite better-than-expected monthly Retail Sales figures, AUD/USD is expected to continue its fall

The USD/JPY is nearing 144.00 on rising rates and decreased risk appetite ahead of Powell's speech

US Dollar Index reaffirms 20-year high on Ukraine-related news

Commodities Browse More

Gold Applauds Dollar's Weakness, But Anticipates Sixth Straight Month of Declines

After U.S. approval, a foreign tanker docks in Puerto Rico

Hurricane Ian reduces oil production, which increases the dollar

Gold and copper hardly change in response to economic worries

Supply and demand equilibrium stabilizes oil prices after a steep drop

China's problems slow copper's comeback while gold prices rise

Gold falls below $1,650, and copper declines due to worries of a recession

Some EU states urge Belgium to ban the importation of Russian diamonds

Stocks Browse More

According to a spokeswoman, RBC cuts ten investment banking jobs in the US

FTC sues pesticide-makers for price-fixing

Jaguar Land Rover provides EV training to staff and dealers

Ford and General Motors strengthen heavy-duty truck moneymakers

Dow Futures Rise Subsequent to Indices' Extinction

Biogen finalizes $900 million drug kickback settlement

KKR and Ramsay Health cease purchase negotiations

Grab anticipates no major layoffs despite a weak market

Indices Browse More

S&P 500 Price Forecast – Stock Markets Continue to See Selling Pressure

S&P 500 (SPY) Dives To 3635 As Initial Jobless Claims Decline

S&P 500 (SPY) Rallies As Dollar Pulls Back From Highs

S&P 500 (SPY) Rallies As Dollar Pulls Back From Highs

S&P 500 Price Forecast – Stock Markets Attempt to Stabilize

S&P 500 (SPY) Tests Support At 3635 As Dollar Moves Back To Yearly Highs

S&P 500 Price Forecasts – Market Bounces From Oversold Condition

S&P 500 (SPY) Remains Under Pressure At The Start Of The Week

Cryptos Browse More

Lazarus Group’s Crypto.com Scam Is a New Way to Steal Your Financial Info

USDC to Replace Terra Stablecoin on Cosmos Network

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Crypto regulation laggards spur arbitrage risk – French central banker

Crypto exchange FTX to acquire bankrupt Voyager’s assets

BTC Fear & Greed Index Falls Deeper into the Extreme Fear Zone

An ETH Return to $1,350 Would Signal a Breakout Afternoon Session

Market Forecasts