CFTC: Speculators More Bullish on Euro, Gold, Crude Oil

Investing.com - The Commodity Futures Trading Commission released its weekly Commitments of Traders report for the week ending May 23 on Friday.Speculative positioning in the CME and ICE currency, commodity, energy and index futures: LongShor ...

Peru stocks higher at close of trade; S&P Lima General up 0.27%

Investing.com – Peru stocks were higher after the close on Friday, as gains in the S&P Lima Juniors, Non-Metal Minerals and Mining sectors led shares higher. At the close in Lima, the S&P Lima General rose 0.27%. The best performers of the session on the S&P Lima General were Panoro ...

Wall Street closes flat as investors get ready for long weekend

Major equity indexes remained virtually unchanged on Friday ahead of the Memorial Day weekend but were able to record gains on a weekly basis after two consecutive weeks of losses. "Trading volume, with just about 5.2 billion shares changing hands on U.S. exchanges, was the lowest of th ...

GBP/USD holds above 1.28, on the brink of biggest weekly drop since January

The GBP/USD pair fell its lowest level since April 25 at 1.2775 during the NA session and started to retrace its losses as investors started to cash in their profits ahead of the Memorial Day weekend. As of writing, the pair was trading at 1.2805, losing 130 pips, or 1%, on the day. In addition t ...

Brazil stocks higher at close of trade; Bovespa up 1.36%

Mexico stocks higher at close of trade; IPC up 0.56%

Investing.com – Mexico stocks were higher after the close on Friday, as gains in the Consumer Goods&Services, Telecoms Services and Industrials sectors led shares higher. At the close in Mexico, the IPC gained 0.56%. The best performers of the session on the IPC were Arca Continental , S.A.B. ...

Quieter week reiterates generally solid fundamentals – Wells Fargo

Analysts at Wells Fargo explain that new information released this week pertaining to the housing market showed that sales of new and existing sales slipped in April after getting an early start to a very robust spring selling season. Key Highlights: Durable goods orders slipped less tha ...

Increasingly self-sustaining expansion in the eurozone – Wells Fargo

Economists at Wells Fargo assessed the latest macro data from the euro area, with the key quotes found below: "Sentiment indicators in the Eurozone are quite strong at present. The manufacturing PMI in the euro area rose to a multi-year high in May, and the Ifo index of German busines ...

EUR/USD consolidates below 1.12, headed for weekly losses

After falling to a new three-day low at 1.1160 during the NA session opening, the EUR/USD pair has been consolidating its daily losses in a very tight range in the last few hours. As of writing, the pair was trading at 1.1170, losing 0.35% on the day. The thinning trading volume in the sessio ...

Colombia stocks higher at close of trade; COLCAP up 0.42%

Investing.com – Colombia stocks were higher after the close on Friday, as gains in the Industrials, Financials and Investment sectors led shares higher. At the close in Colombia, the COLCAP rose 0.42%. The best performers of the session on the COLCAP were Interconexion Electrica SA (CN:ISA), which ...

Dow closes flat, Nasdaq and S&P eke out record close

Investing.com – U.S. stocks pulled back from highs on Friday, ahead of the Memorial Day holiday weekend, as investors mulled over the release of mostly upbeat economic data, fuelling expectations that Federal Reserve would hike rates in June. The U.S. economy grew faster than initiall ...

Gold leaps to fresh monthly highs amid weakening risk appetite

Despite the thinning trading volume in the NA session, gold was able to continue gathering strength against the USD, pushing the XAU/USD pair to its highest level since May 1 at $1269.55. As of writing, the pair was trading at $1268, up 1%, or $13, on the day. The precious metal's safe-have ...

Gold gains nearly 1% despite stronger US economic growth outlook

Investing.com - Gold rose to a nearly one-month high Friday, shrugging off a rise in the dollar to a four-day high, following an upward revision to U.S. economic growth. Gold futures for June delivery on the Comex division of the New York Mercantile Exchange rose $11.07 or 0.88%, to $1,267.49 ...

USD/JPY: Recovery loses momentum, holds comfortably above 111

Following the positive inflation figures from Japan, the JPY gathered strength against the USD during the first half of the day and pushed the USD/JPY pair to a three-day low at 110.88. However, as the greenback caught fresh bids in the early NA session on the back of positive data, the pai ...