| Updated: November 9, 2023
The precious metal gold price continues to trade sideways around 1,944 level as traders braces for the series of economic events from the U.S. economy. The U.S. Jobless Claims, Prelim GDP, and Fed Chair Jerome Powell speech may drive price action in gold prices. Checkout gold price forecast video.
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Natural gas trading outlook: futures extend drop before EIA report Natural gas fell for a second day on Wednesday before government data shows an alleged thin inventory decline which would bring stockpiles much closer to average levels. Forecasts for active and overall cold weather across the US through the […]
Forex Market: GBP/NZD daily forecast During Friday’s trading session GBP/NZD traded within the range of 1.9652-1.9768 and closed at 1.9712.At 7:57 GMT today GBP/NZD was adding 0.38% for the day to trade at 1.9787. The pair touched a daily high at 1.9800 at 7:44 GMT, breaching […]
Lockheed Martin shares hit a fresh all-time high on Wednesday, interest in missile defense systems surges amid North Korean tests According to a recent statement by Lockheed Martin Corporation (LMT), interest by its clients in missile defense systems has increased, as North Koreas long-range missile tests reportedly continued to intensify, while heightening alert in […]
Forex Market: USD/JPY set for the biggest drop in seven weeks amid escalating tension in Ukraine The yen was poised for the biggest five-day increase against the US dollar in seven weeks, as rising tension in Ukraine, ahead of a referendum in Crimea on splitting to join Russia, boosted demand for haven assets.USD/JPY touched a session […]
Commodities trading outlook: crude oil slides amid ample supply, natural gas drops on cold ease Both West Texas Intermediate and Brent benchmark crudes hovered near the lowest in years amid a strong dollar and expectations for a sixth straight weekly build in US crude supplies. Falling OPEC output in October provided some support, but […]
Walt Disney Co share price up, beats profit forecasts as “Frozen” shoots up earnings Walt Disney, the worlds largest entertainment company, reported on Tuesday higher-than-expected profit in the quarter ended March thanks to the continuing box office success of its animated film "Frozen", as well as "Thor: The Dark World". The […]