Author: FX

By Nidal al-Mughrabi CAIRO (Reuters) – Israeli forces stepped up bombardment of the Gaza Strip on Sunday killing at least 23 people, Palestinian medics said, with over half the deaths in northern areas where the army has waged a month-long campaign it says is to prevent Hamas from regrouping. Palestinians said the new aerial and ground offensives and forced evacuations were “ethnic cleansing” aimed at emptying two north Gaza towns and a camp of their populations to create buffer zones. Israel denies this, saying it is fighting Hamas militants who launch attacks from there. Medics said at least 13 Palestinians…

Apple Inc. (AAPL) has long been a shining star in the stock market, winning the hearts of investors and traders alike. But even the best stocks need a breather, and recent price action hints that now might be the time to shift gears. Don’t worry—this doesn’t mean giving up on AAPL. It’s about being smart, taking some chips off the table, and watching for that perfect moment to jump back in. Let’s dive into why selling a portion of your AAPL holdings and waiting for a potential reaction at the $205 VWAP could be a solid move. Further lower, we…

UPCOMING EVENTS:Monday: Japan on holiday.Tuesday: China Caixin Services PMI, RBA Policy Decision, Canada Services PMI, US ISM Services PMI, BoC Meeting Minutes, New Zealand Labour Market report, US Presidential Election.Wednesday: Eurozone PPI.Thursday: Japan Average Cash Earnings, Eurozone Retail Sales, BoE Policy Decision, US Jobless Claims, FOMC Policy Decision.Friday: Canada Labour Market report, US University of Michigan Consumer Sentiment.TuesdayThe RBA is expected to keep the Cash Rate unchanged at 4.35%. The latest data has been pretty strong with the Australian labour market report beating expectations by a big margin and the underlying inflation figures remaining high. Although the data didn’t change…

TAIPEI (Reuters) – Taiwan’s defence ministry said on Sunday it had spotted 35 Chinese military aircraft, including fighters and bombers, flying to the island’s south on the way to exercises in the Pacific, a second day in a row it has reported such activities. China, which views democratically governed Taiwan as its own territory despite the strong objections of the government in Taipei, regularly sends its military in the skies and waters near the island seeking to enforce its sovereignty claims. China’s defence ministry did not respond to a request for comment on the missions, reported just days before Tuesday’s…

WASHINGTON (Reuters) – Kamala Harris’ appearance on “Saturday Night Live,” a late surprise by the Democratic presidential candidate in her race against Republican Donald Trump, follows in the footsteps of past candidates, including Trump himself. In October 2015, then-Secretary of State Hillary Clinton appeared on the NBC-TV comedy and political satire show as she was preparing to engage in a string of Democratic primaries early the following year. Clinton, playing a bartender, was told by an SNL cast member that she was “really easy to talk to.” Clinton, in character, responded, “That’s the first time I’ve ever heard that” -…

The Alfa Trend MT4 Indicator is a custom tool designed for the MetaTrader 4 (MT4) trading platform. It’s a technical analysis indicator that aims to simplify trend identification by combining multiple data points into a single visual representation. Think of it as a translator, deciphering the complex language of price movements and whispering valuable insights in your ear. Here’s the exciting part: the Alfa Trend MT4 Indicator goes beyond just basic trend direction. It also incorporates elements of market volatility and momentum, providing a more comprehensive picture of market conditions. This can be incredibly helpful, especially…

Earlier I wrote a post highlighting why Presidential betting odds have tightened.Well, in the last hour they’ve tightened further and it’s from a somewhat shocking place — Iowa.It was once a swing state but Trump won it by a large margin in 2016 and 2020. It’s largely been abandoned by the Harris campaign.There was one poll in both 2016 and 2020 that foreshadowed Trump winning by the wide margin he did — Selzer. It’s seen as the gold standard for the state and here is why:Just now, Selzer released the 2024 Presidential poll and something like Harris trailing by 3-4…

Here the latest odds on betting sites for the Presidential election:PredictIt – tiedKalshi 55% Trump, 45% Harris (from as wide as 65-35)Polymarket 59% Trump, 41% HarrisBetting sites around 58 Trump, 42% HarrisNow there should be some kind of arb there but I don’t think it’s wise, and definitely don’t do what this French guy who has put $30 million on Trump at Kalshi.”Théo said he took an interest in U.S. polling data earlier this year. He observed that many polls underestimated Trump’s support in 2016 and 2020, and concluded that if Trump outperformed again this year, he would beat Harris.…

By Susana Vera and Guillermo Martinez VALENCIA, Spain (Reuters) -The deadliest flash floods in Spain’s modern history have killed at least 214 people and dozens were still unaccounted for, four days after torrential rains swept the eastern region of Valencia, Prime Minister Pedro Sanchez said on Saturday. In a televised statement, Sanchez said the government was sending 5,000 more army troops to help with the searches and clean-up in addition to 2,500 soldiers already deployed. “It is the biggest operation by the Armed Forces in Spain in peacetime,” Sanchez said. “The government is going to mobilize all the resources necessary…

If you’re tracking the crude oil market, buckle up—things are heating up, and not just on the charts. As the price of light crude (CL1!) dances around some serious technical levels, traders and investors alike are on high alert. The bearish vibe is alive and kicking, fueled by a blend of chart signals and macroeconomic worries. So, what’s next for this slippery commodity? Let’s break down the key action points and what you should keep an eye on in the weeks to come.Crude oil price forecast – bearish as the Aug low holdsThe previous key resistance at $78.50 – the…