Browsing Tag
nearterm
SQM sees continued weak near-term lithium prices but plans to keep expanding (NYSE:SQM)
Olemedia/E+ via Getty Images square meter (New York:SQM) +2.8% In trading on Wednesday, the lithium producer said it plans to continue increasing production in Chile even as weak prices push it higher. Review of the "less attractive"…
Gold sees near-term momentum get called into question to start the week
The price action in gold lately has been one that has been hovering just under the $2,400 mark mostly. Buyers tried for a firm break of the key level but ultimately failed to hold a daily close above that. The mood music was also helped by…
Analyst Predicts Near-Term Surge To $61,000
The price of Bitcoin (BTC) seems to be losing momentum after its bullish breakout to the $52,000 price mark, but some patterns indicate further optimistic activity may be ahead.
Bitcoin Price To Reach $61,000
On…
Emerging market currencies to gain steadily in the near-term: Reuters poll By Reuters
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© Reuters. U.S. Dollar and Chinese Yuan banknotes are seen in this illustration taken January 30, 2023. REUTERS/Dado Ruvic/Illustration
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By Devayani Sathyan and Vuyani Ndaba BENGALURU/JOHANNESBURG (Reuters) - Most emerging…
SocGen: Potential for further near-term USD gains amid strong economy
Société Générale highlights the unexpected strength of the US labor market as indicative of a re-accelerating US economy, suggesting a "no-landing" scenario rather than a slowdown. This robust performance challenges the current expectations…
US Jobs Data to Shape Near-Term Trend, Setup on XAU/USD
GOLD PRICE OUTLOOKThe U.S. nonfarm payrolls survey will steal the limelight on FridayA weak jobs report should be bullish for gold prices, while strong data should be negative for the precious metalThis article scrutinizes gold’s technical…
Japanese Yen Falls Further On Weaker Wage Data, US CPI In Near-Term Focus
The Japanese Yen Talking PointsUSD/JPY edges back above the 145.00 markJapan’s latest wage data cast doubt on durable domestic demand riseUS CPI numbers will be the next major market hurdleThe Japanese Yen has fallen back to mid-December’s…
Japan ‘firmly watching’ FX, near-term action unlikely By Reuters
© Reuters. Japanese Finance Minister Shunichi Suzuki speaks with the media after a meeting of G7 leaders on the sidelines of G20 finance ministers' and Central Bank governors' meeting at Gandhinagar, India, July 16, 2023. REUTERS/Amit…
Piper sees GLP-1s increasing demand for knee/hip surgeries near-term (NYSE:NVO)
Mohammed Haneefa Nizamudeen/iStock via Getty Images Piper Sandler said it expects upcoming results from a Novo Nordisk (NVO) study of its weight-loss drug semaglutide in the treatment of osteoarthritis to be “mediocre” and demand for…
