Business Finance News USA Edition @news_finance Channel on Telegram

Business Finance News USA Edition

@news_finance


The source for business news and analysis. US markets. Like bloomberg but better.

@Yanncll

Business Finance News USA Edition (English)

Are you looking for the latest updates and analysis on business news in the USA? Look no further than the 'Business Finance News USA Edition' Telegram channel! With a focus on US markets, this channel serves as a reliable source for all things related to business finance. Whether you are a seasoned investor or just interested in keeping up with economic trends, this channel has got you covered.

With a promise to deliver news and analysis similar to Bloomberg but better, 'Business Finance News USA Edition' is curated by the expert @Yanncll. With his expertise and dedication to providing accurate and timely information, you can trust that you are getting the most relevant content in the world of business finance.

Stay ahead of the game and make informed decisions about your investments by subscribing to 'Business Finance News USA Edition' today. Join a community of like-minded individuals who are passionate about the world of finance and let this channel be your go-to source for all things related to business news in the USA.

Business Finance News USA Edition

20 Nov, 19:01


โ€‹US Dollar meets again with gains on quiet Wednesday


๐Ÿ‘‰ Greenback extends its rebound to near 106.70

๐Ÿ‘‰ Fedโ€™s hawkish stance, risk-off sentiment support Greenback demand

๐Ÿ‘‰ Fed officials emphasize caution in rate cuts due to economic data, inflation risks

@news_finance

Business Finance News USA Edition

20 Nov, 18:00


โ€‹Gold pushes higher on simmering Russia-Ukraine tensions


๐Ÿ“ˆ Gold edges higher on Wednesday due to safe-haven flows from continued geopolitical tensions

๐Ÿ‘‰ Upside is capped due to stronger USD amid less dovish interest rate expectations in the US

โœ… XAU/USD starts a new short-term uptrend on the 4-hour chart

@news_finance

Business Finance News USA Edition

20 Nov, 16:44


โ€‹Ripple (XRP) Price Forecast: Peter Brandt predicts $2 breakout as whales invest $1.5B after Trump re-election


๐Ÿ‘‰ Ripple (XRP) price continues a 4-day consolidation above $1.10 on November 20

๐Ÿ“ˆ With positive technical signals lining up, prominent analyst, Peter Brandt has predicted another major XRP price breakout ahead

๐Ÿ‘‰ Within the last 14-days, XRP whales have effectively added 1.42 billion XRP, worth approximately $1.5 billion when valued at the current prices

@news_finance

Business Finance News USA Edition

20 Nov, 12:00


โ€‹Nvidia Earnings: Will a $292B Market Cap Swing Reshape AI, the S&P 500, Nasdaq, and Dow?


๐Ÿ‘‰ Nvidia drives 23% of S&P 500โ€™s 2023 gains. Its earnings will shape AI optimism and the broader stock marketโ€™s trajectory

๐Ÿ‘‰ Nvidia earnings could spark a $292B market cap swing, impacting AI stocks and major indices like the S&P 500 and Nasdaq

๐Ÿ‘‰ Options markets predict an 8.5% price move for Nvidia after earnings. Will AIโ€™s leader surprise investors again?

๐Ÿ‘‰ Traders are split: Bullish bets rise, but analysts warn of risks. Is Nvidiaโ€™s massive market move a double-edged sword?

๐Ÿ‘‰ Nvidiaโ€™s inclusion in the Dow boosts its influence. How will its results reshape this price-weighted industrial index?

@news_finance

Business Finance News USA Edition

20 Nov, 10:25


โ€‹UK Inflation Rate Jumps to 2.3% Hitting the Brakes on a BoE Rate Cut


๐Ÿ‘‰ UK inflation surged to 2.3% in October, exceeding forecasts and the BoE's 2% target, reigniting policy debates

๐Ÿ‘‰ Rising wages amidst higher unemployment may sustain inflation, complicating the BoEโ€™s rate policy outlook

๐Ÿ‘‰ BoE rate cut bets weaken as policymakers hint at observing inflation risks before further action

@news_finance

Business Finance News USA Edition

19 Nov, 19:56


โ€‹Trump-Bakkt Takeover Rumors Fuel 37,000% Surge in New Solana Memecoin


๐Ÿ“ˆ BAKKT memecoin surged 37,000% on Solana following rumors of Trump Mediaโ€™s Bakkt acquisition

โœ… The token amassed $162.54 million in 24-hour trading volume despite limited liquidity, causing extreme volatility

๐Ÿ‘‰ BAKKT's pump mirrors past Trump-themed tokens, raising concerns over speculative โ€œpump-and-dumpโ€ schemes

@news_finance

Business Finance News USA Edition

19 Nov, 14:51


โ€‹EUR/USD bounces back even though Russia-Ukraine war escalates


๐Ÿ‘‰ EUR/USD rebounds from1.0600 on Tuesday as the US Dollar retreats despite geopolitical tensions escalate

๐Ÿ‘‰ The focus of ECB officials turns toward preserving growth rather than taming price pressures

๐Ÿ‘‰ Trumpโ€™s policies are expected to boost US inflation and economic growth

@news_finance

Business Finance News USA Edition

19 Nov, 12:40


โ€‹Natural Gas News: Key Levels at $3.045 in Focusโ€”Is a Breakout Near for Futures?


๐Ÿ‘‰ Colder U.S. weather this week drives natural gas futures higher, with key resistance at $3.045 shaping market forecasts

๐Ÿ‘‰ A breakout above $3.045 in natural gas futures could push prices to $3.136-$3.168; failure risks bearish momentum below $2.825

๐Ÿ‘‰ December weather forecasts hint at colder patterns, offering potential bullish momentum for natural gas markets

๐Ÿ‘‰ European gas prices rise as Austria ends Russian supply contracts; LNG imports mitigate geopolitical risks

๐Ÿ‘‰ China secures 4.7% more natural gas for winter heating; CNPC terminals report high LNG inventories to meet demand

@news_finance

Business Finance News USA Edition

19 Nov, 12:18


โ€‹Easing Inflation, Holiday Trends to Shape Walmartโ€™s Q3: EPS at $0.53 Expected


๐Ÿ‘‰ Walmartโ€™s Q3 earnings preview: Analysts forecast $0.53 EPS and $167.72B revenue, a 4.4% YoY growth

๐Ÿ‘‰ Inflation cooling and modest holiday spending could shape Walmartโ€™s Q3 earnings potential

๐Ÿ‘‰ Analysts predict Walmartโ€™s net income to surge to $4.24B, recovering from last yearโ€™s $453M

@news_finance

Business Finance News USA Edition

18 Nov, 21:00


โ€‹Gold, Silver, Platinum Forecasts โ€“ Gold Climbed Back Above $2600


๐Ÿ“ˆ Gold gains ground as geopolitical tensions rise

๐Ÿ‘‰ Silver moved above the $31.00 level as gold/silver ratio pulled back below 84.00

โœ… Platinum gained 3% as demand for precious metals increased

@news_finance

Business Finance News USA Edition

18 Nov, 20:30


โ€‹Mexican Peso strengthens at start of week on weak US Dollar


โœ… Mexican Peso continues its upward trend for the fourth consecutive day amid favorable risk sentiment

๐Ÿ‘‰ Banxicoโ€™s recent rate cut to 10.25% reflects ongoing inflation concerns with forecasts adjusted to 4.7% end for 2024

๐Ÿ‘‰ Moodyโ€™s adjustment of Mexicoโ€™s credit outlook to negative highlights potential fiscal and economic challenges from judicial reforms

โš ๏ธ Traders monitor potential impact of Trumpโ€™s economic policies on Fedโ€™s rate decisions

@news_finance

Business Finance News USA Edition

18 Nov, 19:44


โ€‹Bitcoin Price Forecast: MicroStrategy buys another $4.6 Billion BTC as Michael Saylor Predicts $100K rally


๐Ÿ“ˆ Bitcoin price surged above the $92,000 mark on November 18 fueled by another record-breaking $4.6 billion BTC purchase from MicroStrategy

โœ… Microstrategy has now invested $6 billion in BTC since Trump's victory at the November 5 election

๐Ÿ‘‰ Following MicroStrategy's announcement, Bitcoin price rose as high $92,300, with technical indicators highlighting potential for more upside

@news_finance

Business Finance News USA Edition

17 Nov, 17:25


โ€‹EUR/USD, USD/JPY, AUD/USD, and Gold: Fundamental and Technical Overview


๐Ÿ‘‰ EUR/USD approaches its first support level following Trump's victory

๐Ÿ‘‰ USD/JPY continues to advance within its bullish formation

๐Ÿ“‰ AUD/USD declines after encountering long-term resistance

๐Ÿ“‰ Gold declines on US dollar strength from the targeted zones

@news_finance

Business Finance News USA Edition

15 Nov, 09:34


โ€‹Japanese Yen holds gains as US Dollar loses ground ahead of Retail Sales


๐Ÿ“ˆ The Japanese Yen appreciates as the US Dollar corrects downwards ahead of Retail Sales data

๐Ÿ‘‰ Japanโ€™s GDP annualized growth for Q3 was 0.9%, slowing down from the 2.2% growth recorded in Q2

โš ๏ธ Japanโ€™s Kato stated that he would take appropriate action to address excessive fluctuations in foreign exchange rates

@news_finance

Business Finance News USA Edition

14 Nov, 20:30


โ€‹US Dollar retreats from yearly highs after economic data


๐Ÿ“‰ US Dollar retreats after reaching its highest level after labor and inflation data

๐Ÿ‘‰ US citizens filing new applications for unemployment insurance last week arrived below expectations

๐Ÿ‘‰ The headline PPI for October came in at 2.4%, higher than expected

@news_finance

Business Finance News USA Edition

14 Nov, 20:08


โ€‹NASDAQ Index, SP500, Dow Jones Forecasts โ€“ NASDAQ Retreats As Tesla Dives 5.3%


๐Ÿ“‰ SP500 is losing ground as traders take some profits off the table after PPI reports

๐ŸŸฅ NASDAQ is moving lower as traders focus on the sell-offs in Super Micro Computer and Tesla stocks

โš ๏ธ Dow Jones is under pressure despite Disney's rally

@news_finance

Business Finance News USA Edition

11 Nov, 20:00


โ€‹Gold, Silver, Platinum Forecasts โ€“ Gold Dives 2.7% As Dollar Tests New Highs


๐Ÿ‘‰ Gold is moving towards the $2600 level

๐Ÿ‘‰ Silver is trying to settle below the $30.50 level

๐Ÿ“‰ Platinum is losing ground as demand for precious metals declines

@news_finance

Business Finance News USA Edition

11 Nov, 18:44


โ€‹โ€‹BTC touched $85,000 for the first time in its history ๐Ÿ“ˆ

@news_finance

Business Finance News USA Edition

11 Nov, 16:27


โ€‹S&P 500 Forecast: Can Bulls Maintain Momentum Ahead of Wednesdayโ€™s CPI Data?


โœ… S&P 500 and Dow Jones hit all-time highs, fueled by post-election optimism and Federal Reserve rate cuts

๐Ÿ‘‰ Wednesdayโ€™s CPI report and Fed Chair Powellโ€™s comments Thursday are likely to shape the marketโ€™s next direction

๐Ÿ“ˆ Tesla, Coinbase, and Cigna lead pre-market gains as investors anticipate favorable post-election policies

@news_finance

Business Finance News USA Edition

11 Nov, 11:30


โ€‹US Dollar Forecast: Will DXY Hold Above Key Support $104.95? Gold, GBP/USD and EUR/USD Outlook


๐Ÿ‘‰ Fed holds rate at 4.75%, boosting dollar strength and adding pressure on gold, which faces resistance amid high Treasury yields

๐Ÿ‘‰ US Dollar Index (DXY) stays bullish above $104.95, with resistance at $105.21; a dip below this level may shift momentum

๐Ÿ‘‰ GBP/USD holds bullish bias above $1.2901, eyeing resistance at $1.2948; data from the CB Leading Index could influence sentiment

@news_finance

Business Finance News USA Edition

10 Nov, 12:30


โ€‹BTC touched $80,000 for the first time in its history ๐Ÿ“ˆ

@news_finance

Business Finance News USA Edition

07 Nov, 09:06


โ€‹US Dollar Forecast: Fed Rate Cut on the Horizon โ€“ Gold, GBP/USD, and EUR/USD Outlook


๐Ÿ‘‰ Fedโ€™s anticipated rate cut pressures US dollar, providing potential lift for gold prices and major forex pairs like GBP/USD and EUR/USD

๐Ÿ‘‰ Market eyes Fedโ€™s FOMC statement for rate cut signals, as traders gauge impact on dollar strength and forex trading strategies

๐Ÿ‘‰ US dollarโ€™s decline on rate cut expectations drives investor interest in gold and forex pairs, highlighting key support and resistance levels

@news_finance

Business Finance News USA Edition

06 Nov, 22:47


โ€‹NASDAQ Index, SP500, Dow Jones Forecasts โ€“ NASDAQ Rallies As Tesla Soars 14.5%


๐Ÿ“ˆ SP500 tests historic highs as Trump wins

๐Ÿ‘‰ NASDAQ is trying to settle above the 20,800 level

๐Ÿ‘‰ Dow Jones moved towards the 43,700 level, supported by the strong rally in financial stocks

@news_finance

Business Finance News USA Edition

05 Nov, 14:19


โ€‹US Elections today โš ๏ธโš ๏ธโš ๏ธ

Business Finance News USA Edition

05 Nov, 09:38


โ€‹Silver (XAG) Daily Forecast: Seasonal Demand vs. Market Caution; Key Breakout Level $32.88


๐Ÿ‘‰ Silver (XAG/USD) holds steady at $32.25 as U.S. election uncertainty and a strong dollar weigh on safe-haven assets

๐Ÿ‘‰ Analysts suggest silverโ€™s safe-haven appeal may support prices amid heightened market volatility and geopolitical tensions

๐Ÿ‘‰ Upcoming Federal Reserve meeting could shift silver prices; investors await a potential 0.25% rate cut decision

@news_finance

Business Finance News USA Edition

04 Nov, 21:00


โ€‹US Dollar soft as polls shows that Tuesday's election will be a tight one


๐Ÿ“‰ US Dollar declines after increased probability of VP Kamala Harris winning the Pennsylvania vote

๐Ÿ‘‰ NFP in the US rose by 12,000 in October on Friday, starkly missing expectations

โš ๏ธ Markets fully price in a 25 bps cut at Fridayโ€™s FOMC decision and 85% chance of another cut in December

@news_finance

Business Finance News USA Edition

04 Nov, 19:45


โ€‹NASDAQ Index, SP500, Dow Jones Forecasts โ€“ NASDAQ Is Flat As Traders Prepare For U.S. Elections


โš ๏ธ SP500 is flat as traders focus on the upcoming U.S. elections

๐Ÿ‘‰ NASDAQ made an attempt to settle below the 20,000 level

๐Ÿ‘‰ Dow Jones found itself under pressure at the start of the week

@news_finance

Business Finance News USA Edition

04 Nov, 13:00


โ€‹Oil News: Crude Prices Rise as OPEC+ Delays Output Hike Amid Demand Concerns


๐Ÿ‘‰ OPEC+ postpones planned output hike to curb oversupply, boosting crude prices by over 2% early in the week

๐Ÿ‘‰ Light crude holds above $70, backed by the 50-day moving average; next resistance lies at $71.63 for bullish traders

๐Ÿ‘‰ UBS cites OPEC+ caution due to uncertain U.S. election and economic recovery signs before raising output

๐Ÿ‘‰ Iran-Israel tension and Chinaโ€™s stimulus moves stir oil markets, adding to volatile week for crude futures

@news_finance

Business Finance News USA Edition

04 Nov, 11:33


โ€‹Election Meets Fed Decision: Powellโ€™s Guidance on Rate Cuts Set to Move Markets


๐Ÿ‘‰ The U.S. election and Fed rate decision this week will shape market sentiment

๐Ÿ‘‰ Traders eye Fed rate cut, with Powellโ€™s guidance seen as pivotal for 2024 outlook

๐Ÿ‘‰ Election between Harris and Trump raises caution among corporate leaders

โš ๏ธ Earnings from Palantir, Novo Nordisk to highlight tech and healthcare trends

@news_finance

Business Finance News USA Edition

03 Nov, 17:00


โ€‹US Elections 2024, FOMC Decision, Key Economic Indicators โ€“ The Week Ahead


๐Ÿ‘‰ U.S. election and economic data releases this week are likely to influence market sentiment, with potential policy shifts on the horizon

๐Ÿ‘‰ A Trump victory could impact sectors like energy, technology, and financials due to deregulation and trade policies

๐Ÿ‘‰ Investors will monitor the Fed's rate decision and economic indicators closely for clues on inflation, labor market health, and future policy adjustments

@news_finance

Business Finance News USA Edition

03 Nov, 15:30


โ€‹BRICS, Tariffs, and Geopolitics: The US Presidential Race and US-China Relations


โš ๏ธ Trump's trade war revival could see 60% tariffs on Chinese imports, disrupting global trade

๐Ÿ‘‰ 47% of executives foresee worsening US-China ties under Trump; none expect improvement

๐Ÿ‘‰ Harrisโ€™ policy offers stability, but existing tariffs remain a challenge for US-China ties

@news_finance

Business Finance News USA Edition

03 Nov, 14:00


โ€‹Bitcoin, Ethereum, Solana Technical Analysis During US Election Tensions


๐Ÿ‘‰ Bitcoin (BTC) corrects from record levels while remaining bullish ahead of US election

๐Ÿ“‰ Ethereum (ETH) consolidates below resistance and shows bearish price development

๐Ÿ“ˆ Solana (SOL) shows positive price development, suggesting the next correction as an investment opportunity

@news_finance

Business Finance News USA Edition

03 Nov, 13:01


โ€‹Harris vs. Trump: How the 2024 Election Could Transform the U.S. Dollar and Global Trade


๐Ÿ‘‰ Harrisโ€™s trade stability vs. Trumpโ€™s tariff plans could reshape U.S. dollar strength and impact global trade relations

๐Ÿ‘‰ Harrisโ€™s fiscal conservatism may reduce dollar volatility, while Trumpโ€™s tax cuts could spark inflationary pressures

๐Ÿ‘‰ Trumpโ€™s expanded tax cuts may boost the economy short-term, but could weaken the dollar long-term due to deficit concerns

๐Ÿ‘‰ Harrisโ€™s approach aims to keep inflation low, potentially lessening the need for aggressive Fed rate hikes on the dollar

๐Ÿ‘‰ Trump's immigration restrictions could tighten labor supply, pushing up wages but risking long-term economic growth

@news_finance

Business Finance News USA Edition

01 Nov, 20:08


โ€‹Canadian Dollar steady after packed US economic calendar


๐Ÿ‘‰ US positive labor market data was initially bearish on the USD, but the currency recovered losses

๐Ÿ‘‰ The ISM Manufacturing PMI came in weaker than expected, suggesting a contraction in the manufacturing sector

๐Ÿ‘‰ Canadian Dollar remains under pressure due to rate cut expectations

@news_finance

Business Finance News USA Edition

01 Nov, 18:04


โ€‹US Stocks Jump on Amazon, Intel Strength; Fedโ€™s Rate Cut in Focus Next Week


โœ… Amazonโ€™s 7% surge and Intelโ€™s 8.3% gains lift Dow and Nasdaq, sparking optimism in tech stocks despite mixed economic data

๐Ÿ‘‰ U.S. job growth hits a low, adding only 12,000 jobs in October, but markets remain steady, attributing it to temporary factors

๐Ÿ‘‰ Fed likely to cut rates by 25 basis points at November meeting, aiming to support economic stability amid labor softening

๐Ÿ‘‰ Communication services and consumer discretionary sectors outperform, driven by Amazon and Intelโ€™s solid earnings

@news_finance

Business Finance News USA Edition

01 Nov, 14:00


โ€‹Ethereum Crash Warning Issued Just As Trumpโ€™s Winning Odds Drop


๐Ÿ‘‰ Ether (ETH) eyes a drop toward $1,500 as veteran analyst Peter Brandt highlights a bear pennant formation on the daily chart

๐Ÿ‘‰ Political uncertainty adds to Ethereum's bearish outlook, with Trump's shrinking election odds potentially increasing downside risk for ETH

๐Ÿ‘‰ Brandt warns that no buy signal emerged for ETH amid October's recovery, suggesting further weakness in the coming months

@news_finance

Business Finance News USA Edition

01 Nov, 12:29


โ€‹Oil News: Crude Rallies as Iran-Israel Tensions Threaten Supply


๐Ÿ“ˆ Crude oil prices jump past $70, fueled by Iran-Israel tensions as traders brace for potential supply disruptions

๐Ÿ“ˆ Geopolitical risk premiums return, boosting oil futures with targets near the 200-day moving average of $73.10

๐Ÿ‘‰ Iranโ€™s potential retaliatory strikes on Israel could ignite price volatility, adding uncertainty to the oil outlook

๐Ÿ‘‰ OPEC+ considers delaying December output hikes, citing fragile demand and elevated inventories as key concerns

@news_finance

Business Finance News USA Edition

31 Oct, 11:30


โ€‹Hang Seng Index Sees Morning Gains on China PMIs, Yet Trump Tariff Fears Persist


๐Ÿ‘‰ Chinaโ€™s manufacturing PMI returns to expansion at 50.1, boosting Asian market sentiment amid policy hopes

๐Ÿ‘‰ BoJ holds rates at 0.25%; Governor Ueda signals data-driven decisions, impacting USD/JPY and Nikkei stocks

๐Ÿ‘‰ ASX 200 slides 0.25% as mining stocks drop, with BHP and Rio Tinto hit by falling iron ore prices

@news_finance

Business Finance News USA Edition

31 Oct, 09:57


โ€‹MicroStrategyโ€™s $42 Billion BTC Purchase Plan Will Likely Face Headwinds


๐Ÿ‘‰ MicroStrategyโ€™s "21/21 Plan" aims to invest $42 billion in Bitcoin over three years, funded equally through equity and fixed-income

๐Ÿ‘‰ Declining SaaS revenue raises concerns about the companyโ€™s ability to sustain debt payments without tapping into Bitcoin holdings

๐Ÿ‘‰ With MSTRโ€™s high premium over Bitcoinโ€™s market value, direct Bitcoin purchase may be a more cost-effective investment strategy

@news_finance

Business Finance News USA Edition

27 Oct, 19:20


โ€‹Japanese Yen Weekly Forecast: BoJ Rate Decision and U.S. Jobs Report Set USD/JPY Path


โœ… USD/JPY extends its winning streak to four weeks, peaking at 153.184, as investors await BoJโ€™s next rate decision on October 27

โš ๏ธ BoJโ€™s quarterly report will be pivotal for Yen trends, with a hawkish stance possibly pushing USD/JPY below the 150 mark

โš ๏ธ U.S. economic data, including the jobs report and PCE inflation index, could dictate Fedโ€™s rate cut plans, impacting USD/JPY

@news_finance

Business Finance News USA Edition

27 Oct, 12:30


โ€‹Natural Gas News: Can Prices Rally, or Will Oversupply Keep Pressure On?


๐Ÿ‘‰ Natural gas futures gain 13.37% last week, but bearish sentiment persists due to mild U.S. weather and high inventory levels

๐Ÿ‘‰ Mild October temperatures keep demand low, with little heating boost expected into early November

๐Ÿ‘‰ LNG exports drop as maintenance issues slow flows; bearish market mood intensifies on weaker export demand

๐Ÿ‘‰ Technical resistance near $2.610 could limit rallies; $2.201 support remains critical for market stability

@news_finance

Business Finance News USA Edition

27 Oct, 11:00


โ€‹Silver (XAG) Forecast: Will PCE Inflation Surprise Fuel Silverโ€™s Next Breakout?


๐Ÿ“ˆ Silver hits multi-year highs, nearing critical $35.40 resistance, but strong dollar and Treasury yields cap gains

โœ… Russiaโ€™s central bank adds silver reserves, signaling strong institutional demand likely to support long-term prices

๐Ÿ‘‰ Middle East tensions drive safe-haven demand, pushing both gold and silver up as global risks weigh on markets

๐Ÿ‘‰ Silver faces short-term pressure; $32.52 and $31.76 support levels could stabilize prices amid profit-taking

โš ๏ธ Key U.S. data, including GDP and PCE inflation, will impact Fed policy and could shape silverโ€™s next price move

@news_finance

Business Finance News USA Edition

27 Oct, 09:26


โ€‹Bitcoin, Ethereum, XRP Technical Analysis: Volatility Expected as US Election Approaches


๐Ÿ‘‰ Bitcoin (BTC) is trading at a long-term pivot point and appears poised for an upward breakout

โš ๏ธ Ethereum (ETH) consolidates in the support of a triangle pattern, showing bearish pressure

๐Ÿ‘‰ Ripple (XRP) consolidates at long-term support with an uncertain outlook

@news_finance

Business Finance News USA Edition

26 Oct, 17:45


โ€‹SUI, Apecoin, Solana Price Analysis: Crypto Top Gainers in October 2024


๐Ÿ‘‰ The global cryptocurrency market experienced intense volatility this week as bulls struggled to extend October's rally

๐Ÿ“ˆ Amid the bearish headwinds, altcoins like SUI, Apecoin, and Solana have emerged as standout performers in October, attracting significant capital inflows

๐Ÿ‘‰ SUI currently hovering near the lower band at $1.72. This positioning suggests that SUI may be in an oversold zone, creating a potential for price recovery

@news_finance

Business Finance News USA Edition

25 Oct, 13:00


โ€‹Oil News: Weekly Gain for Light Crude as Market Awaits Middle East, China Updates


โœ… Light crude oil futures edge higher on Friday, marking a potential end to a two-week losing streak

๐Ÿ“ˆ Middle East tensions support a 1% rise in oil prices this week as markets brace for volatility

๐Ÿ‘‰ Light crude is rangebound, trading within $71.63โ€“$69.21, indicating uncertainty in market direction

๐Ÿ‘‰ Oil prices straddle the 50-day moving average at $70.44, facing strong resistance below the 200-day average

@news_finance

Business Finance News USA Edition

25 Oct, 11:30


โ€‹Stocks Face Pressure: Will Rising Treasury Yields Continue to Cap Market Gains?


โš ๏ธ U.S. election uncertainty is pushing Treasury yields to 3-month highs, impacting investor confidence in stocks

๐Ÿ‘‰ Higher yields reflect concerns over future U.S. debt and inflation, impacting both stock and bond markets

๐Ÿ‘‰ Election outcomes could lift 10-year yields up to 4.6%, as differing policies affect future federal spending

๐Ÿ‘‰ Upcoming durable goods data expected to show a 0.5% drop, signaling potential weakness in manufacturing

๐Ÿ‘‰ Consumer confidence report may show slight improvement, but inflation expectations remain steady at 2.9%

@news_finance

Business Finance News USA Edition

25 Oct, 10:26


โ€‹US Dollar Price Forecast: Will Strong Data Drive DXY Higher? Gold, GBP/USD, and EUR/USD Outlook


๐Ÿ“ˆ U.S. dollar gains as Unemployment Claims fall to 227K, bolstering confidence in labor market resilience and pressuring gold prices

โœ… Flash Services PMI beats expectations at 55.3, supporting economic optimism and driving the dollar higher, challenging goldโ€™s safe-haven appeal

๐Ÿ‘‰ The Dollar Index (DXY) at $104.123, near the pivot at $104.144, could see upward momentum if it breaks above $104.15

@news_finance

Business Finance News USA Edition

24 Oct, 18:57


โ€‹Nasdaq 100 Climbs on Tesla Gains, But US Stock Market Faces Yield Pressures


โœ… Teslaโ€™s 19% surge boosts the Nasdaq, adding over $100 billion to its market cap after strong Q3 earnings and growth forecast

๐Ÿ‘‰ Dow and S&P 500 struggle as rising Treasury yields and weak corporate earnings weigh on market sentiment

โœ… Tesla forecasts 20-30% sales growth for 2024, fueling investor optimism and its best post-earnings performance since 2013

๐Ÿ‘‰ Rising yields hit S&P 500 sectors hard; IBM drops 6.5%, and Boeing falls 2% amid weak earnings and labor disputes

๐Ÿ“‰ Despite Teslaโ€™s rally, 9 of 11 S&P 500 sectors end in the red as higher borrowing costs dampen investor enthusiasm

@news_finance

Business Finance News USA Edition

23 Oct, 19:15


โ€‹Shiba Inu Price Forecast: Why Traders Transferred 1.25 Trillion SHIB amid $120B Crypto Market Dip


๐ŸŸฅ Shiba Inu price fell below $0.000018 on Oct 23, 2024, down 10.38% and on course to close a 3rd consecutive day in decline

๐Ÿ‘‰ Shiba Inu traders have transferred over 1.25 trillion worth approximately $22 million out from exchanges into long-term storage and cold wallets within the last 3 days

โš ๏ธ The Parabolic SAR dots on the SHIBUSD daily chart has moved towards $0.0000166, beneath the current price which typically suggests strong support building up

@news_finance

Business Finance News USA Edition

23 Oct, 17:39


โ€‹EUR/GBP Price Analysis: Buyers make a stride, outlook remains negative


๐Ÿ‘‰ EUR/GBP remains range-bound, displaying a sideways trend since Monday

๐Ÿ‘‰ Buying pressure has shown signs of recovery, but momentum remains weak

๐Ÿ“‰ With the pair below the 20-day SMA, the short-term outlook is negative

@news_finance

Business Finance News USA Edition

23 Oct, 10:00


โ€‹US Dollar Forecast: ECB Awaits Lagardeโ€™s Speech at BRICS Summit; Gold, GBP/USD and EUR/USD Outlook


๐Ÿ‘‰ The US Dollar strengthens ahead of speeches from FOMC members and ECBโ€™s Lagarde at the BRICS Summit, impacting market sentiment

๐Ÿ‘‰ GBP/USD faces volatility with BOE speeches and IMF meetings, while investors await potential monetary policy shifts

๐Ÿ‘‰ EUR/USD traders focus on Lagarde's ECB speech and German bond auction, expecting insights into future eurozone policy

@news_finance

Business Finance News USA Edition

22 Oct, 09:36


โ€‹BRICS Summit Sparks Fresh Gold Rally Amid De-Dollarization Talks


๐Ÿ‘‰ BRICS nations hold over 20% of global gold reserves, fueling speculation of a gold-backed currency to rival the U.S. dollar

๐Ÿ‘‰ Russia and China account for 74% of BRICS' gold reserves, making gold a potential hedge against dollar dominance

๐Ÿ‘‰ As BRICS expands, discussions on reducing dollar reliance have centered on gold as a secure, inflation-proof asset

๐Ÿ‘‰ Central banks from BRICS nations are accelerating gold accumulation, boosting gold prices amid a potential de-dollarization shift

๐Ÿ‘‰ A new BRICS currency, possibly backed by gold, could challenge U.S. dollar hegemony in global trade and finance markets

@news_finance

Business Finance News USA Edition

22 Oct, 07:31


โ€‹GBP/USD Price Forecast: Holds position around 1.3000 within descending channel


๐Ÿ‘‰ GBP/USD may struggle as daily chart analysis suggests a bearish bias

โš ๏ธ The pair could find support around the lower boundary of the descending channel at 1.2810 level

๐Ÿ‘‰ The immediate barrier appears around the upper boundary of the descending channel at the nine-day EMA of 1.3040 level

@news_finance

Business Finance News USA Edition

21 Oct, 08:16


โ€‹German Producer Prices Down 1.4% in September Boosting December ECB Rate Cut Bets


๐Ÿ“‰ German producer prices declined 1.4% year-on-year in September, sharper than economists' forecast of 0.8%

๐ŸŸฅ Energy prices fell 6.6% in September 2024, leading to the overall decline in German producer prices

๐Ÿ‘‰ The ECBโ€™s recent rate cut and waning demand may lead to expectations for further cuts in December

@news_finance

Business Finance News USA Edition

20 Oct, 13:18


โ€‹Hang Seng Index Falls Despite China Data Boost โ€“ Asian Market Weekly Recap


๐Ÿ‘‰ Hang Seng Tech Index slumps 2.86%, led by Baidu and Alibaba, as investors remain cautious

๐Ÿ“ˆ Gold prices soar 2.41% amid geopolitical tensions and investor hopes for multiple Fed rate cuts

๐Ÿ“‰ Nikkei 225 falls 1.58%, with Tokyo Electron and Sony leading declines, despite yen weakening

@news_finance

Business Finance News USA Edition

20 Oct, 11:07


โ€‹Silver (XAG) Forecast: Will Anticipation of Chinaโ€™s Stimulus Drive Prices to $35.40


๐Ÿ“ˆ Silver soared beyond $32.96, marking a new multi-year high as safe-haven demand surged on geopolitical risks

โœ… With silver breaking past $32.96, traders anticipate a rally toward $35.40, driven by economic uncertainty

๐Ÿ‘‰ Investors are flocking to silver after its breakout, as China's potential stimulus supports further price gains

๐Ÿ‘‰ Geopolitical instability in the Middle East has fueled a sharp rise in silver prices, pushing them through key resistance

@news_finance

Business Finance News USA Edition

19 Oct, 20:43


โ€‹EUR/USD Forecast Q4 2024: US Election Drama and Geopolitical Risks Drive Volatility


๐Ÿ“‰ The US dollar's strong performance in October led to a significant price correction in EUR/USD, but the pair is nearing a strong support zone

๐Ÿ‘‰ Monetary policies of the USA and Eurozone are key drivers of EUR/USD momentum in Q4 2024, along with significant geopolitical influences

โš ๏ธ The US election in November 2024 is expected to create market volatility, impacting EUR/USD as investors respond to potential policy changes

@news_finance

Business Finance News USA Edition

19 Oct, 13:00


โ€‹Gold (XAU) Price Forecast: Geopolitical Tensions Propel Gold Beyond $2,700


๐Ÿ“ˆ Gold prices hit a record $2,722.65 per ounce, driven by escalating Middle East tensions and safe-haven demand

๐Ÿ‘‰ Geopolitical uncertainty and U.S. election fears push investors to gold, boosting prices by over 30% this year

โœ… Rising U.S. election uncertainty and potential Fed rate cuts are further driving bullish momentum in gold markets

๐Ÿ‘‰ Goldโ€™s record-breaking rally continues as the Federal Reserve and European Central Bank shift toward looser policies

๐Ÿ‘‰ Some analysts predict gold could surge to $3,000 in the next 6-12 months as central banks signal more rate cuts

@news_finance

Business Finance News USA Edition

19 Oct, 09:43


โ€‹SEC Appeal Impacts XRP While US BTC-Spot Inflows Surge โ€“ In Crypto This Week


๐Ÿ‘‰ US economic data bolsters November Fed rate cut bets, fueling crypto market demand and investor confidence

๐Ÿ‘‰ BTC-spot ETFs see largest inflows since March 2024, driving Bitcoin demand and pushing BTC toward the $70K mark

๐Ÿ‘‰ SECโ€™s Ripple case appeal stirs uncertainty over XRP adoption as investors brace for potential programmatic sales ruling challenge

@news_finance

Business Finance News USA Edition

18 Oct, 19:18


โ€‹Natural Gas, WTI Oil, Brent Oil Forecasts โ€“ Oil Moves Lower Amid Demand Worries


๐Ÿ‘‰ Natural gas remains under strong pressure as traders focus on warm weather

๐Ÿ“‰ WTI oil is losing ground as traders remain worried about demand in China

๐Ÿ‘‰ Brent oil made an attempt to settle below the $73.00 level

@news_finance

Business Finance News USA Edition

18 Oct, 14:01


โ€‹Pound Sterling gains on unexpected growth in UK Retail Sales


๐Ÿ“ˆ The Pound Sterling rebounds from 1.3000 against the US Dollar as UK monthly Retail Sales unexpectedly rose by 0.3%

โš ๏ธ Upbeat Retail Sales data could influence speculation for the BoE rate-cut path

โœ… Better-than-expected US Retail Sales reinforced markets' confidence in the resilience of the US economy

@news_finance

Business Finance News USA Edition

18 Oct, 11:52


โ€‹Nasdaq Futures Rise as Netflix Soars 4% on Earnings, Dow and S&P 500 Eye 6-Week Streak


โœ… Major indices head for sixth straight weekly gains, with the Dow up 0.9% and the S&P 500 up 0.5%

๐Ÿ“ˆ Small caps outperform: Russell 2000 adds over 2% as the market extends its winning streak in 2024

โœ… Netflix soars 4% after strong Q3 earnings and a 35% jump in ad-tier subscribers

๐Ÿ“ˆ Tech stocks rally: Taiwan Semiconductor jumps 10%, hitting a new record high; Nvidia up 3.8% intraday

๐Ÿ“‰ MGP Ingredients plunges 20% after cutting full-year guidance due to weak alcohol trends

@news_finance

Business Finance News USA Edition

18 Oct, 09:37


โ€‹China Market Rallies: Analysis For Hang Seng, Nikkei 225, ASX, NASDAQ


โœ… Hang Seng rallied as traders reacted to economic reports

๐Ÿ‘‰ Nikkei 225 was mostly flat as traders focused on inflation data

๐Ÿ“‰ ASX pulled back amid profit-taking

๐Ÿ“ˆ NASDAQ gained some ground amid rising demand for tech stocks

@news_finance

Business Finance News USA Edition

17 Oct, 19:49


โ€‹NASDAQ Index, SP500, Dow Jones Forecasts โ€“ Dow Jones Tests New Highs


๐Ÿ“‰ S&P500 moved away from session highs as traders decided to take some profits off the table after the strong Retail Sales report

โœ… NASDAQ gained some ground as demand for AI-related stocks remained strong

๐Ÿ“ˆ Dow Jones tested new highs as Travelers Companies gained 8.9%

@news_finance

Business Finance News USA Edition

17 Oct, 11:30


โ€‹Euro Set for Volatility: ECBโ€™s Next Move May Reshape European Economic Landscape


๐Ÿ‘‰ ECB's third rate cut of the year signals major shift in monetary policy, potentially reshaping investment strategies

๐Ÿ‘‰ Size of rate cut and future intentions could trigger chain reaction affecting stocks, bonds, and real estate markets

๐Ÿ‘‰ Germany's economic struggles may lead to downgraded growth projections, impacting industries across the eurozone

๐Ÿ‘‰ ECB's inflation projections could herald new era of expansionary policies, balancing growth and price stability

@news_finance

Business Finance News USA Edition

17 Oct, 07:23


โ€‹Gold (XAU) Daily Forecast: Bullish Momentum Holds as Prices Near $2,685 Resistance


๐Ÿ“ˆ Gold (XAU/USD) rises for the third day, nearing $2,681 as expectations of interest rate cuts and geopolitical tensions boost safe-haven demand

๐Ÿ‘‰ With gold prices nearing $2,681, central bank buying and strong technical indicators support further bullish momentum above the $2,666 pivot point

โš ๏ธ Central bank demand and a stable US dollar drive gold prices upward, as markets await key economic data, including US retail sales and jobless claims

@news_finance

Business Finance News USA Edition

16 Oct, 18:00


โ€‹Dow Jones Rises on Bank Earnings, Nasdaq 100 Falls as Tech Stocks Struggle


๐Ÿ‘‰ Nasdaq dips as tech giants like Apple and Microsoft see losses, while Dow Jones gains on bank earnings

โœ… Morgan Stanley leads financial stocks, surging 6.7% on strong earnings, driving a 0.7% gain in the Financials sector

๐Ÿ“‰ Tech weakness hits the Nasdaq, down 0.08%, while ASML and Intel see significant declines amid global market concerns

๐Ÿ“ˆ Small-cap stocks outperform the broader market with a 0.83% rise, benefiting from lower interest rates and strong balance sheets

@news_finance

Business Finance News USA Edition

16 Oct, 16:51


โ€‹US Dollar Forecast: DXY Eyes 103.766 Resistance While Gold Surges on Falling Yields


๐Ÿ‘‰ US Dollar Index approaches key resistance of 103.766, driven by speculation on Fed rate cuts and U.S. election risks

๐Ÿ‘‰ DXY may break past August highs with support from geopolitical uncertainty and economic developments

๐Ÿ‘‰ EUR/USD hovers near 10-week low as traders price in Fed's cautious stance and possible Trump re-election

๐Ÿ“ˆ Gold prices rise, supported by falling Treasury yields and safe-haven demand amid geopolitical tensions

@news_finance

Business Finance News USA Edition

12 Oct, 12:00


โ€‹NASDAQ Index, SP500, Dow Jones Forecasts โ€“ SP500 Tests All-Time Highs


๐Ÿ‘‰ SP500 made an attempt to settle above the 5825 level as traders focused on earnings reports from big banks

๐Ÿ‘‰ NASDAQ did not manage to settle above 20,300 as Tesla found itself under strong pressure after Cybercab Robotaxi Event

๐Ÿ‘‰ Dow Jones tested historic highs as traders remained bullish ahead of the weekend

@news_finance

Business Finance News USA Edition

12 Oct, 09:14


โ€‹XRP News Today: Ripple CEO Criticizes SEC Strategy as XRP Trails Market


๐Ÿ‘‰ XRP gained 1.55% on Friday but underperformed as the broader crypto market surged 3.11%, reflecting investor uncertainty

๐Ÿ‘‰ SEC appeal against Rippleโ€™s court win draws scrutiny, with Ripple CEO slamming the agencyโ€™s aggressive tactics

๐Ÿ‘‰ Bitnomial sues SEC, challenging XRP futures' jurisdiction, adding another layer of legal pressure on the regulator

@news_finance

Business Finance News USA Edition

11 Oct, 12:17


โ€‹Natural Gas News: Hurricane Milton Impact, UK LNG Demand Surge; 50% Fibonacci Support


โœ… Natural gas prices rebound 0.86%, reaching $2.93, supported by a crucial $2.62 Fibonacci level

๐Ÿ‘‰ US futures slip 2% as Hurricane Milton reduces power, affecting natural gas demand across Florida

๐Ÿ“ˆ UK natural gas prices rise to โ‚ฌ39.32/MWh, surpassing Dutch TTF, due to winter demand and LNG imports

@news_finance