Business Finance News USA Edition

​Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rallies As Traders Focus On Israel – Hezbollah Conflict ✅ Natural gas gained ground after EIA report 📈 WTI oil climbed towards the $72.00 level as traders weighed the chances of a direct war between Israel and Hezbollah 👉 Brent oil made an attempt to settle above the $75.00 level @news_finance

​Stock Traders Bet on Another 50-Point Fed Cut – Are More S&P 500 Record Highs Ahead? 👉 Fed's 50 basis point cut sparks optimism for another bold move at upcoming meetings, signaling further easing ✅ Stock markets rally as traders bet on more aggressive Fed rate cuts by the end of 2024 👉 Fed projects another 50 basis points in cuts, with interest rates possibly hitting 4.4% by year-end ⚠️ Could the Fed deliver another 50 basis point cut in November? Traders remain hopeful despite Powell's caution @news_finance

​Australian Dollar Rallies: Analysis For USD/JPY, EUR/USD, AUD/USD, NZD/USD 👉 USD/JPY tests support at 141.80- 142.50 as traders stay focused on Fed decision 👉 EUR/USD moved towards the 1.1150 level, supported by dovish Fed ✅ AUD/USD climbed above 0.6800 amid rally in commodity markets 📈 NZD/USD gained ground as GDP Growth Rate exceeded analyst expectations @news_finance

​NASDAQ Index, SP500, Dow Jones Forecasts – Stocks Pull Back From Session Highs Amid Profit-Taking 📉 SP500 made an attempt to settle above the 5880 level but lost momentum and pulled back 👉 NASDAQ moved away from session highs as traders reduced risks ahead of Fed decision 📉 Dow Jones pulled back below the 41,600 level @news_finance

​U.S. Dollar Rebounds From Weekly Lows: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY 📉 EUR/USD declined as Euro Area ZEW Economic Sentiment Index missed analyst expectations 📈 USD/CAD gained some ground as Canada's Inflation Rate dropped to 2% 👉 USD/JPY moved away from multi-month lows, supported by the better-than-expected U.S. Retail Sales report @news_finance

​Microsoft’s $60B Buyback and Intel’s Restructuring Propel Nasdaq-100 Futures Higher 📈 E-mini Nasdaq-100 futures rise in pre-market trading, supported by strong gains in Microsoft and Intel shares ✅ Microsoft announces a $60 billion stock buyback and boosts its quarterly dividend by 10%, to 83 cents per share 📈 Intel stock jumps 8% after plans to spin off its foundry business, which has cost the company $25 billion over two years @news_finance

​Will Bitcoin Price Really Crash To $40,000 Next? Top Analyst Weighs ⚠️ Bitcoin may drop to $40,000, following a bearish "head and shoulders" pattern identified by Zoran Kole 👉 The Fed's expected rate cut could boost Bitcoin, but a potential rate hike from the Bank of Japan adds selling pressure risk ✅ Despite declines, a "bull flag" pattern hints at a potential breakout, targeting $77,400 @news_finance

​Silver (XAG) Daily Forecast: Will Fed’s Rate Cut Propel Silver Beyond $31 or Trigger a Pullback? 📈 Silver (XAG/USD) remains bullish at $30.85, driven by a weakening US Dollar, geopolitical tensions, and industrial demand in solar and medical sectors ✅ The anticipated Fed rate cut, with over a 60% chance of a 50-basis point reduction, has supported silver’s upward momentum 👉 Despite stronger-than-expected US manufacturing data, the dollar remains weak, enhancing silver's appeal as a hedge against currency depreciation @news_finance

​Gold (XAU) Daily Forecast: Will a Break Below $2,560 Trigger Further Declines? 📉 Gold prices (XAU/USD) dip to $2,576 as traders reposition ahead of the FOMC meeting, breaking a three-day winning streak 👉 A slight rebound in the U.S. Dollar adds pressure on gold, though expectations for Fed rate cuts provide some support ✅ According to the CME FedWatch Tool, there’s a 60% chance of a 50 basis point rate cut, which could benefit gold prices @news_finance

​Dax Index News: US Retail Sales, Fed Rate Path Key to DAX Price Trends Today 👉 DAX slips 0.35%, reversing gains as auto stocks struggle and ECB mixed signals fuel investor uncertainty ⚠️ ECB divided on rate cuts: Philip Lane favors gradual easing, while Peter Kazimir warns against premature action 👉 US retail sales data could influence the DAX's future, with a potential fall triggering US recession fears and market volatility @news_finance