• Two years on, Yemen stuck in 'quagmire'

    Two years on, Yemen stuck in 'quagmire'
    Riyadh (AFP) – Deadly fighting, a rise in jihadism, the threat of famine — two years after Saudi Arabia intervened against Iran-backed rebels, Yemen is more unstable than ever.
    The chaos has also seen fighting erupt in vital Red Sea shipping lanes, and Riyadh’s ally the United States stepping up its involvement.
    The war has become “a quagmire”, Peter Salisbury, a research fellow at London’s Chatham House, said ahead of the March 26 anniversary of the interven
  • Gold Returns to the Spotlight. Forecast as of 07.08.2026

    Gold Returns to the Spotlight. Forecast as of 07.08.2026
    Throughout the conflict in the Middle East, gold remained in the shadow of other assets amid concerns that rising inflation could prompt the Fed to tighten monetary policy. However, de-escalation is changing the game. Let's discuss this topic and outline a trading plan. Major Takeaways De-escalation has breathed new life into gold. When inflation is high and the Fed holds back, XAU/USD rises. Central bank demand is supporting the precious metal. Weak employment data would provide an opportu
  • Short-Term Analysis for Oil, Gold, and EURUSD for 07.08.2026

    Short-Term Analysis for Oil, Gold, and EURUSD for 07.08.2026
    Welcome, my fellow traders! I have prepared a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of the margin zones method and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders.The euro continues to trade in a short-term uptrend.Major TakeawaysUSCrude: Oil prices are retreating from the resistance A of 77.93–77.53. XAUUSD: Gold is testing the upper Target Zone of 4,298–4,267. EURUSD: The euro is facing a minor correcti
  • Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 07.08.2026

    Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 07.08.2026
    Dear readers,I've prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on Elliott Wave analysis.Ripple appears to be approaching a trend reversal.Major Takeaways BTCUSD: The price continues to decline in the fifth part of an impulse. Consider short positions with a Take Profit at 57,662.00. XRPUSD: The price is declining in the final impulse wave of the zigzag pattern. Consider short positions with a Take Profit at 0.999. ETHUSD: The price is moving lower in a bearish impu
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  • Dollar Heads for Weekly Gain as Markets Await Key Jobs Data. Forecast as of 07.08.2026

    Dollar Heads for Weekly Gain as Markets Await Key Jobs Data. Forecast as of 07.08.2026
    Kevin Warsh's reserved communication style leaves investors searching for signals in the economic data, increasing uncertainty and market volatility. The upcoming employment report could become the next major catalyst. Let's examine the outlook and develop a trading plan for the EUR/USD pair.Major Takeaways The deal between Oman and Iran is raising doubts. Rising oil prices are strengthening the dollar. The Fed is more tolerant of a strong labor market. Weak employment data can provide an opport
  • Private Hiring Stalls in July, Complicating Everything

    Private Hiring Stalls in July, Complicating Everything
    Private employment growth stalled in July as the American private sector added 44,000 positions, substantially underperforming consensus forecasts of 75,000 new jobs. The figure represented a significant deceleration from June’s revised total of 95,000 and marked the slowest pace since January.
    Education and health services accounted for 36,000 of the month’s total job gains, with the remaining 8,000 positions distributed across the broader economy. Employment in trade and transport
  • Kraft Heinz Q2 2026 earnings beat, raises annual forecast

    Kraft Heinz Q2 2026 earnings beat, raises annual forecast
    Kraft Heinz raised its full-year guidance on Wednesday following better-than-expected second-quarter performance. The company now projects organic sales to decline between 0.5% and 2.0% for the full year, compared with its prior forecast of a 1.5% to 3.5% decline. The company also adjusted its annual adjusted earnings per share outlook to a range of $2.03 to $2.09, up from the earlier guidance of $1.98 to $2.10. As part of its strategic shift, Kraft Heinz said it would boost incremental investm
  • Corn Extending Weakness to Tuesday

    Corn Extending Weakness to Tuesday
    Corn markets continued a downward trajectory, with futures contracts experiencing additional declines during the Wednesday session. December contract futures closed the previous day at $4.65½, down 7 cents, while September contract futures finished at $4.42¼, down 7 cents. The nearby cash price settled at $4.13½, reflecting a loss of 7¼ cents. March futures closed at $4.81½, down 6¾ cents.
    Several factors contributed to the weakness in corn markets. Cru
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  • Wheat Posting a Wednesday Morning Rebound

    Wheat Posting a Wednesday Morning Rebound
    Wheat markets experienced a rebound on Wednesday morning following declines the previous day. The wheat complex had faced downward pressure on Tuesday, with all three major markets closing lower.
    Chicago SRW futures contracts had declined 11 to 14 cents on Tuesday, while KC HRW futures fell 9 1/2 to 11 1/4 cents across various contract months. Minneapolis spring wheat also posted losses, declining 5 1/2 to 10 3/4 cents across most contracts. Open interest rose 1,994 contracts during the selling
  • US sustainable funds see positive inflows for first time since 2022: Morningstar

    US sustainable funds see positive inflows for first time since 2022: Morningstar
    U.S. sustainable funds returned to positive territory during the second quarter with nearly $3 billion in net inflows, reversing a prolonged downturn that had lasted more than three years. The inflows represented a 0.8% organic growth rate for sustainable funds domiciled in the country. This marked the first time since 2022 that the sector had experienced net inflows rather than withdrawals.
    Despite the gains in sustainable funds, conventional funds continued to demonstrate stronger investor de
  • Kyndryl shares slip after first-quarter results miss expectations

    Kyndryl shares slip after first-quarter results miss expectations
    Kyndryl Holdings reported first-quarter fiscal 2027 results for the quarter ended 30 June 2026 that fell short of Wall Street expectations on both profitability and revenue metrics. The enterprise technology services company posted an adjusted loss of $0.12 per share against analyst forecasts for break-even earnings. Revenue reached $3.6 billion, trailing the consensus estimate of $3.67 billion and representing a 3% decline from the prior-year quarter on both reported and constant-currency base
  • What Are Take-Profit and Stop-Loss Orders?

    What Are Take-Profit and Stop-Loss Orders?
    Trading in financial markets is always a balance between risk and reward. Every trader, regardless of experience, faces a dilemma: how to limit losses without missing out on profitable trades. This is where two crucial tools come into play—stop-loss and take-profit orders.Without a clear understanding of stop-loss and take-profit orders, it is difficult to build a sustainable trading strategy. Effective risk management protects your deposit from emotional decisions, while disciplined tradi
  • Aussie Braces for Tough Road Ahead. Forecast as of 06.08.2026

    Aussie Braces for Tough Road Ahead. Forecast as of 06.08.2026
    The Reserve Bank of Australia's decision to pause its monetary tightening cycle after three consecutive cash rate hikes has deprived the AUD/USD pair of its main advantage. However, that advantage was not the only driver behind the aussie's rally. Let's discuss this topic and develop a trading plan.Major TakeawaysThe RBA is not expected to raise interest rates. China's economy is slowing down. Stock indices are supporting the Australian dollar. The direction of the AUD/USD depends on the US empl
  • Westlake Chemical Partners LP Q2 2026 Earnings Call Summary

    Westlake Chemical Partners LP Q2 2026 Earnings Call Summary
    Westlake Chemical Partners LP outlined its financial performance and strategic positioning during its second-quarter 2026 earnings presentation. The partnership generated net income of $14 million sequentially, maintaining consistency with prior-period results. Distributable cash flow increased by $3 million compared to the year-earlier period, primarily attributable to elevated production volumes and the absence of substantial maintenance expenditures that had occurred in the prior year.
    The p
  • Wayfair Inc. Q2 2026 Earnings Call Summary

    Wayfair Inc. Q2 2026 Earnings Call Summary
    Wayfair Inc. posted second-quarter results highlighting revenue growth of 7.5% supported by a 6% expansion in orders, the strongest sequential Q2 performance since 2020. The gain reflected high single-digit market share gains across the company’s broader portfolio, according to management commentary during the earnings call.
    The U.S. segment expanded 8.7%, which management attributed to its emphasis on price, selection, and speed, combined with newly launched programs including Wayfair Re
  • Revvity, Inc. Q2 2026 Earnings Call Summary

    Revvity, Inc. Q2 2026 Earnings Call Summary
    Revvity reported better-than-expected second-quarter results, which management attributed to an improving spending environment across the pharmaceutical and biotechnology sectors. The company has now recorded three consecutive quarters of strengthening end-market conditions. Full-year organic growth guidance was increased to a range of 4% to 5%, reflecting heightened confidence in the durability of the pharma and biotech recovery observed during the first half of the year.
    Orders are climbing f
  • Novo Nordisk shares slide after guidance disappoints investors

    Novo Nordisk shares slide after guidance disappoints investors
    Shares of Novo Nordisk declined approximately 6% following the release of updated financial guidance that fell short of investor expectations, despite the company raising its 2026 outlook from previous estimates.
    The pharmaceutical company narrowed its 2026 adjusted sales outlook to a range of down 6% to flat at constant exchange rates, compared with its prior guidance of down 4% to 12%. Similarly, the company adjusted its outlook for adjusted operating profit to a range of down 6% to flat, rev
  • Certara, Inc. Q2 2026 Earnings Call Summary

    Certara, Inc. Q2 2026 Earnings Call Summary
    Certara, Inc. outlined strategic changes during its second-quarter earnings discussion, emphasizing a shift from generalist to specialist sales operations. The company hired PhD-led science teams to better serve clients requiring complex modeling services, representing a departure from its previous engagement approach.
    The divestiture of the regulatory and medical writing business was presented as a critical strategic decision to strengthen the core software-services platform and enhance financ
  • Trex Company, Inc. Q2 2026 Earnings Call Summary

    Trex Company, Inc. Q2 2026 Earnings Call Summary
    Trex Company attributed its second-quarter sales performance to widespread demand growth across product categories, with particular strength from entry-level consumer purchases returning for the first time in four years. Management noted that growth occurred simultaneously across all pricing tiers rather than following a bifurcated consumption pattern.
    The company is undertaking a restructuring of its North American distribution network intended to streamline operations and capture approximatel
  • Tanger CEO says World Cup drove up traffic, sales this summer

    Tanger CEO says World Cup drove up traffic, sales this summer
    Tanger Factory Outlet Centers reported elevated traffic and sales during June and July, which company leadership attributed to international and domestic tourism surrounding the World Cup. CEO Stephen Yalof noted in a Wednesday interview that the event presented an opportunity to introduce the brand to new visitors who might become long-term customers if they had positive experiences.
    The company operates shopping centers in eight of the eleven host cities for the tournament. Yalof stated that
  • Stevanato Group S.p.A. Q2 2026 Earnings Call Summary

    Stevanato Group S.p.A. Q2 2026 Earnings Call Summary
    Stevanato Group S.p.A. delivered second-quarter results reflecting broad-based growth across its pharmaceutical and diagnostic solutions portfolio. Total company revenue expanded 8%, with the Biopharmaceutical and Diagnostic Solutions segment advancing 9%, while the Engineering division experienced a modest contraction. High-value solutions, which now comprise 45% of total revenue, posted accelerated growth of 16% year-over-year, supported by a 30% increase in biologics demand.
    The company comp
  • SoftBank gets $8.2 billion boost from Intel as OpenAI takes a backseat

    SoftBank gets $8.2 billion boost from Intel as OpenAI takes a backseat
    SoftBank announced first-quarter financial results for its fiscal year that exceeded analyst projections, with net profit reaching 347.3 billion yen compared to expected earnings of 120.23 billion yen. The results represented an approximately 18% decline compared to the same period the previous year.
    The company’s investment division, which operates separately from its Vision Fund operations, generated 1.05 trillion yen in segment profit, largely due to a 1.3 trillion yen gain on its hold
  • Chinese optical module makers slump after report on planned US import ban

    Chinese optical module makers slump after report on planned US import ban
    Shares of major Chinese optical module manufacturers declined sharply following reports that the Trump administration was developing an import restriction on new models of Chinese data centre components. The CSI300 Telecommunication Services Index fell as much as 9% in early trading.
    Zhongji Innolight, Eoptolink Technology, and Suzhou TFC Optical Communications were among the hardest hit. Zhongji Innolight, ranking as the 10th-largest China-listed stock by market value, shed roughly 10% in both
  • Short-Term Analysis for Oil, Gold, and EURUSD for 06.08.2026

    Short-Term Analysis for Oil, Gold, and EURUSD for 06.08.2026
    Welcome, my fellow traders! I have prepared a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of the margin zones method and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders.Gold continued to rise yesterday, reaching the upper Target Zone of 4,298–4,267.Major TakeawaysUSCrude: Crude price remains under selling pressure. XAUUSD: Gold continued to post gains. EURUSD: The euro has hit a fresh weekly high.
    Oil Price
  • Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 06.08.2026

    Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 06.08.2026
    Dear readers,I've prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on Elliott Wave analysis.Major Takeaways BTCUSD: The price continues to decline in the fifth part of an impulse. Consider short positions with a Take Profit at 57,662.00. XRPUSD: The price is declining in the final impulse wave of the zigzag pattern. Consider short positions with a Take Profit at 0.999. ETHUSD: The price is moving lower in a bearish impulse wave. Short positions can be considered w
  • US Dollar Tumbles as 'Sell America' Trade Returns. Forecast as of 06.08.2026

    US Dollar Tumbles as 'Sell America' Trade Returns. Forecast as of 06.08.2026
    Growing skepticism toward the Fed's policy is reviving the "Sell America" trade, which first gained momentum after Donald Trump introduced the highest tariffs since the 1930s. Comments from Kevin Warsh and Scott Bessent have reinforced this sentiment. Let's analyze the situation and develop a trading plan for the EUR/USD pair.Major Takeaways Geopolitical developments continue to support the euro. Growing skepticism toward Kevin Warsh is weighing on the US dollar. US dollar liquidity is increasin
  • Snap Shares Jump as Advertising Growth Lifts Quarterly Results

    Snap Shares Jump as Advertising Growth Lifts Quarterly Results
    Snap reported second-quarter financial results that exceeded Wall Street projections, with shares rising more than 8% in pre-market trading. The Santa Monica-based company generated revenue of $1.60 billion, surpassing analyst estimates of approximately $1.54 billion. The company also posted a quarterly loss of $0.10 per share, representing an improvement from the equivalent quarter in the prior year.
    Advertising revenue, the company’s primary revenue driver, climbed 9% year over year to
  • Qnity Electronics Shares Jump After Earnings Beat and Higher Full-Year Forecast

    Qnity Electronics Shares Jump After Earnings Beat and Higher Full-Year Forecast
    Qnity Electronics reported second-quarter results that substantially exceeded Wall Street projections, prompting the company to elevate its financial guidance for the remainder of 2026. The stock rose 10.4% following the announcement.
    The company posted adjusted earnings per share of $1.19 for the quarter, significantly outpacing the analyst consensus estimate of $0.65. Quarterly revenue climbed 22% compared to the prior year, reaching $1.4 billion from $1.17 billion. The Semiconductor Technolo
  • Kosmos Energy Ltd. Q2 2026 Earnings Call Summary

    Kosmos Energy Ltd. Q2 2026 Earnings Call Summary
    Kosmos Energy attributed its strong first-half operational performance to an 18% increase in production on a year-over-year basis, with growth principally driven by the Jubilee ramp-up in Ghana and steady performance at GTA. The company undertook structural cost management initiatives, including the exit from high-cost production in Equatorial Guinea and the repurchase of the TEN FPSO, with a stated target of achieving a 35% reduction in operating expenses per barrel during 2026.
    The Jubilee fi
  • Hut 8 misses estimates as revenue reaches $74.9 million: Q2 Earnings

    Hut 8 misses estimates as revenue reaches $74.9 million: Q2 Earnings
    Hut 8, a Bitcoin miner transitioning to AI infrastructure services, released second-quarter earnings results on Tuesday. Revenue climbed to $74.9 million from $41.3 million in the comparable prior-year period, representing 81.4% growth. However, the result fell short of consensus expectations by approximately $1.9 million, or 2.4%, as analysts had anticipated $76.8 million in quarterly revenue.
    Earnings performance disappointed on a per-share basis. The company reported a GAAP loss of $1.27 per

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