Analyst news

• 7 trends to watch in the food world — from freeze-dried candy to mushroom coffee

  05-07-2024 22:24 via rocketnews.com
  The U.S. has become a nation defined by its taste for all things gourmet, be it high-end coffee or imported olive oil. But what trends will define the future of food?
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe U.S. has become a nation defined by its taste for all things gourmet, be it high-end coffee or imported olive oil. But what trends will define the future of food?nnDiscussion:nn” ai_name=”Ro
  
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• Natural-gas prices dropped 11% this week. Beryl may fuel further losses.

  05-07-2024 22:15 via rocketnews.com
  Natural-gas futures posted a nearly 11% weekly drop on Friday, pressured by an apparent slowdown in demand that came ahead of the Fourth of July holiday — and prices could take a further hit with the storm known as Beryl forecast to hit parts of Texas, potentially slamming demand for the fuel.
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  [mwai_chat context=”Let’s have a discussion about this article:nnNatural-gas futures posted a nearly 11% weekly drop on Friday, pressured
  
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• 2-year Treasury yield ends at lowest since March on signs of deteriorating labor market

  05-07-2024 21:46 via rocketnews.com
  U.S. government debt rallied on Friday, sending the policy-sensitive 2-year yield to a more than three-month low, after government data showed that fewer jobs had been created in May and April than initially thought.
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  [mwai_chat context=”Let’s have a discussion about this article:nnU.S. government debt rallied on Friday, sending the policy-sensitive 2-year yield to a more than three-month low, after government data showed that fewer jo
  
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• Gold and silver futures end at highest levels since May after U.S. jobs data

  05-07-2024 20:19 via rocketnews.com
  Gold and silver futures posted their highest settlements since May on Friday, as downbeat U.S. economic data helped put pressure on the dollar and fueled expectations for an interest-rate reduction by the Federal Reserve.
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  [mwai_chat context=”Let’s have a discussion about this article:nnGold and silver futures posted their highest settlements since May on Friday, as downbeat U.S. economic data helped put pressure on the dollar and fuel
  
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• Oil prices on track for 4th straight weekly gain

  05-07-2024 18:29 via rocketnews.com
  Oil futures climbed on Friday, with U.S. and global benchmark prices headed for their fourth straight weekly gain as a recent drop in U.S. crude supplies and a rise in gasoline demand helped to ease some concerns over the outlook for energy demand.
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  [mwai_chat context=”Let’s have a discussion about this article:nnOil futures climbed on Friday, with U.S. and global benchmark prices headed for their fourth straight weekly gain as a recen
  
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• Macy’s stock rallies as Arkhouse, Brigade reportedly sweeten their buyout offer

  05-07-2024 18:00 via rocketnews.com
  After earlier unsuccessful buyout bids for Macy’s Inc., investment firms Arkhouse Management and Brigade Capital Management are trying again, raising their offer for the retailer by around $300 million, the Wall Street Journal reported on Wednesday.
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  [mwai_chat context=”Let’s have a discussion about this article:nnAfter earlier unsuccessful buyout bids for Macy’s Inc., investment firms Arkhouse Management and Brigade Capita
  
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• XAU/USD: Elliott wave analysis and forecast for 05.07.24 – 12.07.24

  05-07-2024 15:10 via litefinance.org
  
  Key takeaways Main scenario: consider long positions from a correction above the level of 2293.93 with a target of 2500.00 – 2560.00. A buy signal: after the level of 2293.93 is broken. Stop Loss: 2250.00, Take Profit: 2560.00. Alternative scenario: breakout and consolidation below the level of 2293.93 will allow the pair to continue declining to the levels of 2218.46 – 2161.56. A sell signal: after the level of 2293.93 is broken. Stop Loss: 2330.00, Take Profit: 2161.56.Main scenari
  
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• WTI Crude Oil: Elliott wave analysis and forecast for 05.07.24 – 12.07.24

  05-07-2024 14:40 via litefinance.org
  
  Key takeaways Main scenario: Consider short positions below the level of 87.75 with a target of 67.60 – 57.00 once a correction is completed. A sell signal: after the level of 87.75 is broken. Stop Loss: 90.00, Take Profit: 57.00. Alternative scenario: Breakout and consolidation above the level of 87.75 will allow the asset to continue rising to the levels of 94.00 – 100.00. A buy signal: after the level of 87.75 is broken. Stop Loss: 85.00, Take Profit: 100.00.Main scenarioConsider
  
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• USD/JPY: Elliott wave analysis and forecast for 05.07.24 – 12.07.24

  05-07-2024 14:10 via litefinance.org
  
  Key takeaways Main scenario: consider long positions from a correction above the level of 154.51 with a target of 165.00 – 170.00. A buy signal: after the level of 154.51 is broken. Stop Loss: 153.00, Take Profit: 170.00. Alternative scenario: breakout and consolidation below the level of 154.51 will allow the pair to continue declining to the levels of 151.68 – 146.44. A sell signal: after the level of 154.51 is broken. Stop Loss: 156.00, Take Profit: 146.44.Main scenarioConsider lo
  
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• GBP/USD: Elliott wave analysis and forecast for 05.07.24 – 12.07.24

  05-07-2024 13:40 via litefinance.org
  
  Key takeaways Main scenario: consider long positions from a correction above the level of 1.2610 with a target of 1.3145 – 1.3740. A buy signal: after the level of 1.2610 is broken. Stop Loss: 1.2510, Take Profit: 1.3740. Alternative scenario: breakout and consolidation below the level of 1.2610 will allow the pair to continue declining to the levels of 1.2518 – 1.2300. A sell signal: after the level of 1.2610 is broken. Stop Loss: 1.2710, Take Profit: 1.2300.Main scenarioConsider lo
  
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• EUR/USD: Elliott wave analysis and forecast for 05.07.24 – 12.07.24

  05-07-2024 13:10 via litefinance.org
  
  Key takeaways Main scenario: consider long positions from a correction above the level of 1.0665 with a target of 1.0977 – 1.1141. A buy signal: after the level of 1.0665 is broken. Stop Loss: 1.0612, Take Profit: 1.1141. Alternative scenario: breakout and consolidation below the level of 1.0665 will allow the pair to continue declining to the levels of 1.0450 – 1.0217. A sell signal: after the level of 1.0665 is broken. Stop Loss: 1.0720, Take Profit: 1.0217.Main scenarioConsider lo
  
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• When will gold strike? Forecast as of 05.07.2024

  05-07-2024 12:54 via litefinance.org
  
  The precious metal withstood a strong US dollar and growing Treasury yields. What will happen when a headwind changes to a tailwind? Let’s discuss it and make a trading plan.Key takeaways Gold resisted a strong dollar and rising Treasury yields. Bullish drivers, such as de-dollarisation and geopolitics, are still in play. The precious metal will soar if the Fed starts talking about rate cuts. Gold may reach $2,400, $2,425, and $2,480 an ounce.Monthly fundamental forecast for goldThe old wa
  
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• USD/CHF: Elliott wave analysis and forecast for 05.07.24 – 12.07.24

  05-07-2024 12:40 via litefinance.org
  
  Key takeaways Main scenario: consider short positions from a correction below the level of 0.9050 with a target of 0.8730 – 0.8325. A sell signal: after the level of 0.9050 is broken. Stop Loss: 0.9150, Take Profit: 0.8325. Alternative scenario: breakout and consolidation above the level of 0.9050 will allow the pair to continue rising to the levels of 0.9226 – 0.9451. A buy signal: after the level of 0.9050 is broken. Stop Loss: 0.8950, Take Profit: 0.9451.Main scenarioConsider shor
  
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• USD/СAD: Elliott wave analysis and forecast for 05.07.24 – 12.07.24

  05-07-2024 12:09 via litefinance.org
  
  Key takeaways Main scenario: consider short positions from a correction below the level of 2370.00 with a target of 2218.46 – 2161.56. A sell signal: after the level of 2370.00 is broken. Stop Loss: 2450.00, Take Profit: 2161.56. Alternative scenario: breakout and consolidation above the level of 2370.00 will allow the pair to continue rising to the levels of 2500.00 – 2560.00. A buy signal: after the level of 2370.00 is broken. Stop Loss: 2300.00, Take Profit: 2560.00.Main scenarioC
  
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• Treasury yields hold steady ahead of June jobs data

  05-07-2024 11:56 via rocketnews.com
  Yields on U.S. government bonds traded flat to lower on Friday as investors returned from a holiday break to a fresh update on the state of the jobs market.
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  [mwai_chat context=”Let’s have a discussion about this article:nnYields on U.S. government bonds traded flat to lower on Friday as investors returned from a holiday break to a fresh update on the state of the jobs market.nnDiscussion:nn” ai_name=”RocketNews AI: ”
  
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• The legacy of a market debacle — former U.K. Prime Minister Liz Truss is out of a job

  05-07-2024 10:20 via rocketnews.com
  Liz Truss, who was the shortest serving prime minister in the country’s history in 2022, lost her South West Norfolk seat by around 630 votes to Labour candidate Terry Jermy.
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  [mwai_chat context=”Let’s have a discussion about this article:nnLiz Truss, who was the shortest serving prime minister in the country’s history in 2022, lost her South West Norfolk seat by around 630 votes to Labour candidate Terry Jermy.nnDiscussion
  
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• Short-term Analysis for Oil, Gold, and EURUSD for 05.07.2024

  05-07-2024 09:45 via litefinance.org
  
  I welcome my fellow traders! I have made a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders.Oil is trading in a bullish trend.Technical analysis key pointsUSCrude: Oil is trading in an uptrend. The growth target is the zone 84.75 - 84.45. If a correction starts, key support levels are 81.02 - 80.74 and 79.65 - 79.23. XAUUSD: Gold is testing the
  
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• Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 05.07.2024

  05-07-2024 09:36 via litefinance.org
  
  Dear readers,I've prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis.Key takeaways BTCUSD: A complex correction [4] continues developing. The price is projected to drop to 52,391.91. A sell signal: after a breakout at 54,147.55. Stop Loss: 55,074.13, Take Profit: 52,391.91. XRPUSD: The price may continue declining to 0.377. A sell signal: after a breakout at 0.3930. Stop Loss: 0.416, Take Profit: 0.377. ETHUSD: The price is falling in a zigzag-sha
  
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• Saks Fifth Avenue buying Neiman Marcus in $2.65 billion deal, with backing by Amazon

  05-07-2024 08:42 via rocketnews.com
  High-end retail chains Saks Fifth Avenue will buy rival Neiman Marcus in a deal that will see Amazon.com and Salesforce also take stakes, the companies said in a statement on Thursday.
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  [mwai_chat context=”Let’s have a discussion about this article:nnHigh-end retail chains Saks Fifth Avenue will buy rival Neiman Marcus in a deal that will see Amazon.com and Salesforce also take stakes, the companies said in a statement on Thursday.nnDi
  
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• US Dollar Collapse Looming? Forecast as of 05.07.2024

  05-07-2024 08:36 via litefinance.org
  
  The political turmoil in France has been contained, forcing EURUSD bears to flee the battlefield against the approaching start of the federal funds rate cut cycle. Let's delve into this topic and make a trading plan.Highlights and key points The political risks in France have been reduced. The ECB is in no hurry to cut rates. Weak US employment data will drag the US dollar down. The EURUSD pair may reach 1.0865 and 1.09.Weekly US dollar fundamental forecastThe show is over. Polls show that the r
  
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• Is the big slowdown in hiring finally here? June U.S. jobs report not supposed to show it.

  05-07-2024 07:54 via rocketnews.com
  The U.S. economy wasn’t supposed to churn out so many new jobs this year, according to the experts. But lots of businesses have been hiring to underpin a solid economic expansion.
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe U.S. economy wasn’t supposed to churn out so many new jobs this year, according to the experts. But lots of businesses have been hiring to underpin a solid economic expansion.nn
  
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