Guavy Wire
Earlier in Commodities
All Commodities leads
Gold Retreats Ahead of US CPI Report Amid Rate Hike Speculation
Gold prices pulled back from three-week highs of $4,149 on Tuesday as traders await the US CPI report, which could influence the Federal Reserve's December rate hike decision. The retreat follows a pause in the US Dollar's sell-off amid diplomatic developments between the US and Iran. Headline monthly CPI is expected to rise by 0.3% in October, while core CPI is projected to increase by 0.2%. The report will be crucial in determining Gold's next direction, with technical analysis showing resistance at $4,185-4,190 and support around $4,067.85.
Gold
Gold Prices Slide on Strong Inflation Data and Fed Rate Hike Expectations
Gold
Crude Oil Prices Drop on Diplomatic Hopes for US-Iran War Resolution
Oil
China’s Copper Shortage Forces Manufacturers to Cut Costs
Copper
Orlen Ends LNG Deal with QatarEnergy Amid Conflict Disruptions
Natural Gas
Industrial Commodity Prices Surge on Data Center Demand and Supply Strains
Copper
Grain and Cattle Markets Rally on USDA Reports
Wheat
Corn
Earlier in Crypto
All Crypto leads
2328 Launches AI Agents for Business Cryptocurrency Payment Management
2328 has introduced AI agents to help businesses set up and manage cryptocurrency payments, addressing the operational challenges of digital asset transactions. The agents automate tasks like transaction monitoring and wallet management, reducing manual processes. The company has also published an API reference for integration with coding tools. Businesses must consider security, compliance, and oversight when adopting AI-managed cryptocurrency payments.
Anthropic Launches Australian IPO Amid Rising AI Scrutiny
ANT
Bitcoin Slumps to Three-Month Low on Inflation Fears
BTC
XRP
ZEC
CFTC warns Kalshi of potential charges over contract notifications
Banking Giants Commit $270 Million to New Stablecoin Venture
21 Banks Pool $270 Million for 2027 Stablecoin Launch
USDT
USDC
BB
Crypto Firms Vie for Role in US Derivatives Settlements
USDC
MEW
Earlier in Forex
All Forex leads
Goolsbee Calls October Inflation Report Disturbing
Federal Reserve Bank of Chicago President Austan Goolsbee called the October CPI report borderline disturbing, expressing concern over elevated inflation. He noted that officials had hoped for progress but were disappointed by the latest data. The remarks highlight the ongoing challenges in addressing rising consumer prices and the need for further action by policymakers.
USD
Dollar Strengthens as Fed Rate Hike Bets Surge
EUR
USD
GBP
AUD
Central Banks Signal More Rate Hikes Amid Inflation Fears
EUR
GBP
Philadelphia Fed President Paulson Advocates Gradual Rate Hikes
USD
Thinktank warns Bank of England risks prolonged high interest rates
USD
GBP
GCI Liberty Series C Declares Dividend Amid Mixed Earnings Results
CHF
Japan's Government Debt Drops by 23 Trillion Yen
JPY
Earlier in Stocks
All Stocks leads
Cohere CEO Says AI Compute Shortages Persist Despite Industry Concerns
Cohere Inc. CEO Aidan Gomez has pushed back against concerns about overbuilding AI computing capacity, stating that his company struggles daily to secure the necessary resources. The Nvidia-backed startup relies on cloud providers like Microsoft’s Azure and CoreWeave Inc. due to a shortage of compute power, which is essential for training and operating AI models. Despite industry worries about excess capacity, Gomez maintains that demand remains high and shortages persist.
MSFT
NVDA
Nvidia's $4 Trillion Value Rocked by CEO Scandal
NVDA
Google Unveils Gemini 4 Carbon for Advanced AI Tasks
GOOGL
Cisco Boosts Top-of-Rack Switching to 100G for Server Consolidation
CSCO
Cramer Urges Investors to Focus on Potential Market Bright Spots
NVDA
Cisco Systems Poised for Strong Q1 Fiscal 2027 Earnings
CSCO
Google Forces AI on Schools, Regulators Take Notice
GOOGL