Body Double Speculation and Kremlin Talking Points Overshadow Jackson Hole as Oil Markets Price Reduced Sanction Risks Global markets are witnessing an unprecedented shift where geopolitical theater commands more attention than Federal Reserve monetary policy. Body double speculation surrounding Russia’s President’s Alaska appearance sounds absurd until traders realize that diplomatic positioning and sanction expectations are...
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In forex
GBP/USD Price Forecast: Slides Below Mid-1.3400s, Over One-Week Low Ahead of UK CPI
The GBP/USD pair continues to attract sellers, extending its downtrend for the third consecutive day, as the US Dollar (USD) maintains broad-based strength. Spot prices currently hover around the 1.3475 region, down approximately 0.10% on Wednesday, following some follow-through USD buying during the Asian session. This marks the fourth negative day in the past five...
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In Forex
Market Crossroads: Retail Giants Face Tariff Truth Test
Wall Street Holds Breath as Home Depot, Target, and Walmart Report Earnings Amid Inflation Concerns and Jackson Hole Uncertainty U.S. stock futures are treading water as Wall Street prepares for a pivotal week of retail earnings that could determine whether corporate America has truly mastered the tariff game or simply enjoyed a lucky quarter. Dow...
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In finance
Australian Dollar Declines as US Dollar Strengthens Ahead of FOMC Meeting Minutes
The Australian Dollar (AUD) slipped further against the US Dollar (USD) on Wednesday, marking its third straight session of declines. The AUD/USD pair stayed under pressure after the People’s Bank of China (PBOC) opted to maintain its one- and five-year Loan Prime Rates (LPRs) at 3.00% and 3.50%, respectively. The central bank’s cautious stance highlights...
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In Forex
The Pro Customer Goldmine: How Home Depot’s B2B Strategy Could Reshape Retail Economics
Big Box Retailers Are Quietly Building Construction Empires While Everyone Watches Consumer Spending Home Depot’s upcoming Q2 earnings report has Wall Street buzzing about same-store sales growth and housing market recovery. But a lead financial expert at Servelius believes the real story lies buried in a segment most investors overlook: the professional customer base that’s...
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In forex
USD/INR Bounces Back as FIIs Continue to Pare Stake in Indian Stock Market
The Indian Rupee (INR) opened lower against the US Dollar (USD) on Wednesday, reversing a three-day winning streak. The USD/INR pair rebounded to near 87.30 amid sustained foreign fund outflows from Indian equities. Despite the Indian government announcing Goods and Services Tax (GST) reforms and tax incentives to bolster consumption, Foreign Institutional Investors (FIIs) remain...
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Earnings Alchemy: How S&P 500 Companies Turned Tariff Threats Into Profit Gold
Corporate America Delivers 11% Growth Despite 4% Expectations as Supply Chain Wizardry Neutralizes Trade War Impact S&P 500 companies have pulled off one of the most impressive earnings surprises in recent memory, transforming tariff headwinds into profit tailwinds through strategic adaptations that Wall Street analysts completely underestimated. Goldman Sachs’ David Kostin describes this second quarter...
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In forex
Japanese Yen Clings to Gains as Hawkish BoJ Expectations Offset Unimpressive Data
The Japanese Yen (JPY) extended its recent gains on Wednesday, attracting dip-buyers after a muted reaction to mixed domestic economic data. While Japan’s economy showed signs of uneven momentum, the growing expectation of a hawkish Bank of Japan (BoJ) has kept the Yen resilient, even as USD/JPY continues to fluctuate ahead of major US monetary...
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In forex
Gold Slips to Three-Week Low Amid Steady Dollar and Optimism Over Russia-Ukraine Peace Talks
Gold (XAU/USD) extended its losses on Wednesday, hitting a nearly three-week low amid continued USD strength and renewed hopes for a Russia-Ukraine peace deal. The precious metal remains under pressure as market participants weigh monetary policy expectations, geopolitical developments, and technical support levels. Eric Muller, a broker at Highmont Group, sheds light on this subject...
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In forex
USD/CAD Rises to Fresh Three-Month Highs Near 1.3900
The USD/CAD currency pair has surged to fresh three-month highs, hovering near 1.3900, as the market positions itself ahead of the US Federal Reserve’s (Fed) July Meeting Minutes, scheduled for release on Wednesday. The US Dollar (USD) is benefiting from both geopolitical optimism and supportive economic developments, while the Canadian Dollar (CAD) faces headwinds following...
