News

Stocks and bonds rally as Treasury yields hold at 4.38%, foreign demand surges despite tariff fears
Inflation link: Rising import prices fuel inflation expectations, pushing bond yields higher (and prices lower) as investors demand compensation for eroded returns. This aligns with the 10-year ...
Gold eyes wave five extension: Elliott Wave count signals bullish continuation
Gold prices have soared to unprecedented levels, driven by escalating trade tensions between the U.S. and China, which have unsettled global financial markets. The precious metal, traditionally a safe ...
Markets consolidate, but nervously so, remaining one social media post away from euphoria or doom
Most Asia Pacific equity markets are extending yesterday's gain. Europe's Stoxx 600 is up a little more than 1% after advancing 2.70% yesterday. If sustained, it would be the first back-to-back gains ...
Pound Sterling refreshes six-month high against US Dollar
The Pound Sterling extends its winning streak for the sixth trading day and jumps above 1.3200 against the US Dollar (USD) at the time of writing on Tuesday. The near-term outlook of the pair is ...
Canada CPI seen unchanged in March ahead of BoC meeting
The figures are relevant ahead of the Bank of Canada's monetary policy announcement on Wednesday. The central bank is widely anticipated to keep the benchmark interest rate at 2.75%. Officials trimmed ...
AUD/USD Price Forecast: Revisits monthly high around 0.6390
The AUD/USD pair extends its winnings streak for the fifth trading day on Tuesday and revisits the monthly high of 0.6380. The Aussie pair performs strongly in the last few trading days even though ...
XAU/USD outlook: Gold’s price reaches new record highs
Over the past few days the negative correlation of the USD with gold’s price seems to have been largely rejuvenated, as the precious metal’s price rose reaching new record high levels while the USD ...
GBP/USD Forecast: Pound Sterling ignores overbought conditions after UK data
GBP/USD faces immediate resistance at 1.3250 (mid-point of the ascending channel). In case the pair confirms that level as support, 1.3300 (round level, static level) could be seen as next resistance ...
Senior BoJ official: BoJ will continue to scrutinize market developments and their impact on Japan
A senior Bank of Japan (BoJ) official crossed the wires in the last hour, citing US President Donald Trump's tariffs as a ...
GBP/JPY trades higher to near 189.00 on upbeat UK employment data
The GBP/JPY pair rises to near 189.00 in Tuesday’s European session. The pair moves higher as the Pound Sterling (GBP) strengthens after the release of the upbeat United Kingdom (UK) employment data ...
Boston Scientific (BSX) poised for rally targeting $120.3
BSX favors rally in V started from $85.98 low of 4.07.2025 as double correction ended in daily blue box area. It expects rally to extend towards $112.20 – $120.29 area to finish the impulse started ...
Gold continues to enjoy a tailwind – Commerzbank
The exemption of some electronics products from the reciprocal US tariffs has provided some relief on the stock market, although expectations were quickly dampened again by the threat that the ...