US equities slumped on Monday as a series of escalating reports out of the Persian Gulf revived concerns that the fragile US-Iran ceasefire is fraying. The Dow Jones Industrial Average shed roughly 0.9%, slipping back toward 49,000 after an intraday … [Continue reading]
South Africa Total New Vehicle Sales dipped from previous 58060 to 47979 in April
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Eurozone HCOB Manufacturing PMI in line with forecasts (52.2) in April
Gold starts the new week on the back foot and trades in the red below $4,600. Escalating tensions in the Middle East, with the US deploying a mission to guide stranded vessels out of the Strait of Hormuz and Iran warning that such an action would be … [Continue reading]
Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC extends rally, ETH and XRP near key resistance zones
Bitcoin (BTC) pushes higher on Monday, trading above $80,000 and resuming its uptrend after a brief consolidation phase last week. Ethereum (ETH) and Ripple (XRP) follow BTC’s footsteps and extend gains at the start of the week, nearing their key … [Continue reading]
US President Donald Trump says US will start guiding trapped ships through Hormuz — Bloomberg
US President Donald Trump said the United States (US) will begin guiding some neutral ships trapped in the Persian Gulf out through the Strait of Hormuz beginning Monday, Bloomberg reported on Sunday.“The Ship movement is merely meant to free up … [Continue reading]
Singapore Manufacturing PMI climbed from previous 50.5 to 50.7 in April
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AUD/USD Price Forecast: Remains bullish despite hovering around 0.7200
AUD/USD holds to minimal gains of 0.10% late in the North American session, yet poised to finish the week up 0.84%. At the time of writing, the pair trades above 0.7200 as the ‘bullish engulfing’ chart pattern caps the Aussie on the downside.AUD/USD … [Continue reading]
Japan CFTC JPY NC Net Positions down to ¥-102.1K from previous ¥-94.5K
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United States CFTC Gold NC Net Positions dipped from previous $164K to $159.6K
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
United Kingdom CFTC GBP NC Net Positions declined to £-60.6K from previous £-52K
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]