Date Archives

Month: October 2023

Nvidia and AI Chip Stocks Tumble Due to U.S. Export Rules

October 18, 2023

Nvidia stock falls after U.S. announces new restrictions on AI Chip exports. Following the announcement by the United States of additional limits on the export...

New Zealand’s Q3 CPI Inflation Analysis – Capital Street FX

October 17, 2023

Q3 CPI Inflation in New Zealand Eases, Less Hiking Pressure on RBNZ. Introduction In the third quarter of the year, New Zealand’s consumer inflation brought...

FTSE 100 Momentum Report: Holding Strong at 7,655.04

October 17, 2023

FTSE stays up as a defensive gain. FUNDAMENTAL OVERVIEW The FTSE was up 0.3% at 7,655.04. Russ Mould, who serves as the investment director at...

October Silver Price Surge: A Seven-Month Low Looms

October 17, 2023

Silver prices hung upon a descending trend line near $22.60. Tuesday saw a gentle reversal in XAG/USD pricing from Friday’s top of $22.82 to $22.82....

US Consumer Sentiment Declines Amid Rising Inflation

October 16, 2023

US Consumer Sentiment Declines, Dollar Supports Fight Against Inflation. In recent times, the landscape of consumer sentiment in the United States has seen some significant...

Dow Jones Soars 200 Points at the Start of Earnings Week

October 16, 2023

Dow jumps 200 points as the busy earnings week gets underway. As investors braced for a deluge of corporate earnings reports, stocks increased on Monday....

USD/CHF Declines Amid Fed Rate Uncertainty – Capital Street FX

October 16, 2023

USD/CHF holds its lead over the major level at 0.9000 ahead of US Retail Sales. FUNDAMENTAL OVERVIEW For the second straight day, the USD/CHF pair...

Gold Price Surge: Factors Behind Gold’s 2-Week High

October 14, 2023

Weekly Gold Price Forecast: Declining US Yields and Escalating Tensions Point to Further Gains. Gold, often considered a safe-haven asset, has experienced a notable surge...

Fed Rate Hike Speculations Impact US Dollar Index’s Weekly Performance

October 13, 2023

US Dollar Index Retreats from Weekly High; Fed Rate Hike Bets Should Limit Deeper Losses In the ever-fluctuating world of global finance, the US Dollar...

NZD/USD Dips to 0.5900 on China’s Economic Concerns

October 13, 2023

NZD/USD continues to decline as the market becomes cautious, closing on 0.5900. For the third trading session, the NZD/USD pair remained negative as concerns over...

Oil Prices Decline as US Stockpiles Surge – Capital Street FX

October 12, 2023

Oil Declines Further on US Stock Build, Easing Supply Concerns. In recent days, oil prices have experienced a notable decline, and this trend continued as...

Bitcoin’s FOMC-Induced Turmoil Explained – Capital Street FX

October 12, 2023

The price of Bitcoin drops below $27,000 as FOMC minutes indicate that rates may stay low for some time. According to analysts, the price of...

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