Asian stock markets follow US indices higher and trade near record highs Nikkei 225 futures traded in Chicago are hovering just below their record highs, indicating the cash index could hit that milestone this week. Despite the rally, the Nikkei’s price-to-earnings (P/E) ratio stands at 19 – lower than the S&P 500’s 22 and far below […]
World Mobile, renowned for its innovative use of aerostats and blockchain-driven telecommunications infrastructure, has joined forces with Protelindo, Indonesia’s largest digital infrastructure company, to launch an unprecedented stratospheric connectivity platform, World Mobile Stratospheric. The ambitious venture is centered around a pioneering hydrogen-powered, fixed-wing aircraft developed in close partnership with a renowned global aerospace leader. Flying
Romania’s foreign trade deficit decreased in June from a year ago as exports grew faster than imports, figures from the National Institute of Statistics showed on Monday. The trade gap narrowed to EUR 2.37 billion in June from EUR 2.80 billion in the corresponding month last year. In May, there was a shortfall of EUR
Here is what you need to know on Monday, August 11: The US Dollar (USD) trades modestly lower against its major rivals at the beginning of the week. On Tuesday, July Consumer Price Index (CPI) data from the US will be scrutinized by investors. In the meantime, markets will keep a close eye on fresh
2025.08.11 2025.08.11 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 11.08.2025 Roman Oneginhttps://www.litefinance.org/blog/authors/roman-onegin/ Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis. The article covers the following subjects: Major Takeaways BTCUSD: The price may be rising within a bullish impulse. Consider buy entries with a target of
The week will start off quietly with no significant data releases scheduled for Monday that could impact the FX market. On Tuesday, the focus in Australia will be the RBA monetary policy announcement while in the U.K., we’ll see the average earnings index 3m/y, claimant count change, and the unemployment rate. For the U.S., the
There are just a couple to take note of on the day, as highlighted in bold below. The first ones are for EUR/USD at 1.1600 through to 1.1700. Price action has been ranging in between the two points since the latter stages of last week and with all eyes on the US CPI report tomorrow,
Apple’s investment fuels tech rally driving US market upward United States (US) stock markets surged on Friday night, with technology stocks extending their gains following Apple’s announcement of a $600 billion investment plan. For the week, the US Tech 100 (Nasdaq 100) rose 3.73%, the US 500 (S&P 500) gained 2.43%, and the Wall Street (Dow
I posted on the tailwinds for ETH a few minutes ago: Ether on the move: ETH/USD to its highest since December 2021 Bitcoin catching a bid also: This article was written by Eamonn Sheridan at investinglive.com. Source link
China’s Contemporary Amperex Technology Co. Ltd. (CATL) halted production for at least three months at its Jianxiawo lithium mine in Jiangxi province. The suspension, triggered by the expiry of its mining permit on August 9, has fuelled speculation of wider supply cuts as Beijing seeks to curb overcapacity Analysts cautioned the move is unlikely to
Indonesia will on Monday release July figures for retail sales, highlighting a light day for Asia-Pacific economic activity. In June, sales were up 1.9 percent on year. Malaysia will see June data for unemployment; in May, the jobless rate was 3.0 percent. Finally, the markets in Japan (Mountain Day) and Thailand (Queen Sirikit’s birthday) are
Japanese markets are closed today for the Mountain Day holiday. stock markets closed yen trade will be thinned out, most major will be as for US bonds, SIFMA’s recommendation of a holiday will halt the trading of U.S. dollar-denominated government securities, mortgage- and asset-backed securities, over-the-counter investment-grade and high-yield corporate bonds, municipal bonds and secondary
Good morning, afternoon or evening to all investingLive traders and welcome to the start of the new FX week. Not too much change from late Friday, yen a tickle stronger. EUR/USD 1.1645 USD/JPY 147.57 GBP/USD 1.3439 USD/CHF 0.8080 USD/CAD 1.3755 AUD/USD 0.6521 NZD/USD 0.5946 I’ll be back with weekend news soon! In the meantime: Fed
Mon: Norwegian CPI (Jul), Japanese Mountain Day Holiday Tue: US-China truce deadline (likely to be extended), RBA Announcement (Aug), UK Jobs Report (Jun), German ZEW Survey (Aug), US CPI (Jul), EIA STEO, OPEC MOMR Wed: German Final CPI (Jul), Spanish Final CPI (Jul) Thu: Norges Bank Announcement, Australian Jobs Report (Jul), UK GDP (Jun/Q2), Swedish
China’s consumer prices were flat y/y in July, as government efforts to rein in excessive competition offered some relief from deflationary pressures. Analysts caution that the path out of deflation will be long and may require stronger stimulus measures. Consumer Price Index (YoY) (July) 0.0%, no change from a year earlier, beating forecasts for a
China Producer Price Index (YoY) below forecasts (-3.3%) in July: Actual (-3.6%) Source link
The US dollar is closing the day mostly higher. The one exception is a modest decline versus the GBP (which was the strongest currency this week). The Feds Musalem was more hawkish compared to other Fed members post the US jobs report. He is still concerned about the impact from tariffs on inflation good where
